Year-over-year NAFTA trade up 11% in June

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Nafta Trade June

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 11.0 percent higher in June than in June 2010, totaling $ 77.5 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. The month-to-month value gained 0.3 percent in June from May; month-to-month changes can be affected by seasonal variations and other factors.

BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico in June rose 52.7 percent in two years from June 2009, but still has risen only 4.6 percent above the level of June 2008, the previous high for any June based on data collection begun in 1994.

The value of U.S. surface transportation trade with Canada and Mexico in June increased by 15.9 percent when compared to June 2006, and also increased by 59.0 percent when compared to June 2001. Imports in June were up 49.8 percent since June 2001, while exports were up 71.2 percent.

U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to June 2010, with U.S.-Canada reaching $46.1 billion, a 9.7 percent increase, and U.S.-Mexico reaching $31.4 billion, a 12.8 percent increase. Michigan led all states in surface trade with Canada at $6.3 billion, a 6.1 percent increase from June 2010. Texas led all states in surface trade with Mexico at $11.1 billion, a 12.8 percent increase from June 2010 and the second-highest month on record.

The TransBorder Freight Data are a subset of official U.S. foreign trade statistics released by the U.S. Census Bureau. New data are tabulated monthly, and historical data are not adjusted for inflation. Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones and other modes. In June, 85.5 percent of U.S. trade by value with Canada and Mexico moved via land, 10.3 percent moved by vessel, and 4.2 percent moved by air.