Home / Knowledge / News / Surface trade with Canada & Mexico rises in April
Surface trade with Canada & Mexico rises in April
07
Jul '08
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 14.3 percent higher in April 2008 than in April 2007, reaching $74.3 billion, the highest monthly level ever recorded, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.

BTS, a part of the Research and Innovative Technology Administration (RITA), reported that the value of North American surface trade in April topped the previous monthly high of $74.2 billion in October 2007 by 0.1 percent.

The value of U.S. surface transportation trade with Canada and Mexico rose 5.0 percent in April from March. Month-to-month changes can be affected by seasonal variations and other factors.

Surface transportation consists largely of freight movements by truck, rail and pipeline. About 88 percent of U.S. trade by value with Canada and Mexico moves on land.

The value of U.S. surface transportation trade with Canada and Mexico in April was up 58.7 percent compared to April 2003, and up 91.8 percent compared to April 1998, a period of 10 years. Imports in April were up 106.0 percent compared to April 1998, while exports were up 75.8 percent.

Data for exports to Canada by pipeline in March 2008 remained unavailable at the time of this release.

U.S. Surface Transportation Trade with Canada
U.S.–Canada surface transportation trade totaled $48.9 billion in April, up 15.4 percent compared to April 2007. The value of imports carried by truck was about 1 percent higher in April 2008 than April 2007, while the value of exports carried by truck was 13.1 percent higher.

Michigan led all states in surface trade with Canada in April with $6.4 billion.

U.S. Surface Transportation Trade with Mexico
U.S.–Mexico surface transportation trade totaled $25.5 billion in April, up 12.2 percent compared to April 2007. The value of imports carried by truck was 11.8 percent higher in April 2008 than April 2007 while the value of exports carried by truck was 10.9 percent higher.

Texas led all states in surface trade with Mexico in April with $8.0 billion.

The TransBorder Freight Data are a unique 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. April TransBorder numbers include data received by BTS as of June 10.

Bureau of Transportation Statistics

Must ReadView All

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Courtesy: IRRC Institute

Apparel/Garments | On 27th May 2017

Up to 7.5 mn retail jobs in US at risk due to automation

About 6-7.5 million retail jobs in the US are likely to be automated...

Textiles | On 27th May 2017

Indian textiles ministry promotes wool sector

The ministry of textiles has taken multiple steps to promote the wool ...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search