Trade with Canada & Mexico rise 5.9% up from April 2005

30 Jun '06

2 min read

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 5.9 percent higher in April 2006 than in April 2005, reaching $61.7 billion, 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 total North American surface transportation trade fell 9.5 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 90 percent of U.S. trade by value with Canada and Mexico moves on land.

Total North American surface transportation trade value in April was up 31.9 percent compared to April 2001, and up 78.9 percent compared to April 1996, a period of 10 years (Table 3). Imports in April were up 91.7 percent compared to April 1996, while exports were up 64.5 percent.

U.S. Surface Transportation Trade with Canada:
U.S.–Canada surface transportation trade totaled $40.6 billion in April, up 6.5 percent compared to April 2005. The value of imports carried by truck was 4.0 percent higher in April 2006 than April 2005 while the value of exports carried by truck was 6.1 percent higher.

Michigan led all states in surface trade with Canada in April with $6.3 billion.

U.S. Surface Transportation Trade with Mexico:

More Bureau of Transportation Statistics News... More Textiles News - United States Of America...