US June 2010 surface trade with Canada and Mexico up 37.6 percent from June 2009

Wednesday, 01 September 2010 00:55:56 (GMT+3)   |  
       

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 37.6 percent higher in June 2010 than in June 2009, reaching $69.9 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation. Surface transportation consists largely of freight movements by truck, rail and pipeline.

BTS reported that the value of US surface transportation trade with Canada and Mexico in June 2010 remained 5.8 percent below the June 2008 level despite the 2009-2010 increase.  North American surface freight value rose 4.6 percent in June 2010 from May 2010. Month-to-month changes can be affected by seasonal variations and other factors.

In June, 86.6 percent of US trade by value with Canada and Mexico moved on land.

US surface transportation trade with Canada

US-Canada surface transportation trade totaled $42.0 billion in June, up 35.5 percent compared to June 2009. The value of imports carried by truck was 35.8 percent higher in June 2010 compared to June 2009, while the value of exports carried by truck was 34.2 percent higher during this period.

Michigan led all states in surface trade with Canada in June with $5.9 billion.

US surface transportation trade with Mexico

US-Mexico surface transportation trade totaled $27.8 billion in June, up 41.0 percent compared to June 2009. The value of imports carried by truck was 37.9 percent higher in June 2010 than June 2009 while the value of exports carried by truck was 34.5 percent higher.

Texas led all states in surface trade with Mexico in June with $9.9 billion, the largest monthly amount of trade between Texas and Mexico on record.

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