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April NAFTA trade rises 8.2 percent from 2011

The value of U.S. surface transportation trade with Canada and Mexico decreased 7 percent in April from March. Month-to-month changes can be affected by seasonal variations and other factors such as weather, BTS noted.

The Trucker News Services

6/26/2012

WASHINGTON — Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, was 8.2 percent higher in April than in April 2011, totaling $79.8 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.

The April value of rose 7.4 percent from April 2008, early in the recession, and increased by 60.4 percent from April 2009, late in the recession, BTS, a part of the Research and Innovative Technology Administration, reported.

The value of U.S. surface transportation trade with Canada and Mexico in April increased by 70.5 percent compared to April 2002, a period of 10 years. Imports in April were up 60.2 percent since April 2002, while exports were up 84.3 percent.

Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other modes of transport. In April, 86.5 percent of U.S. trade by value with Canada and Mexico moved via land, 9.8 percent moved by vessel, and 3.7 percent moved by air.

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The value of U.S. surface transportation trade with Canada and Mexico decreased 7 percent in April from March. Month-to-month changes can be affected by seasonal variations and other factors such as weather, BTS noted.

U.S.-Canada and U.S.-Mexico surface transportation trade in April 2012 both increased compared to April 2011 with U.S.-Canada trade reaching $47.2 billion, a 5.6 percent increase, and U.S.-Mexico trade reaching $32.6 billion, a 12.0 percent increase.

In April, Michigan led all states in surface trade with Canada as it has in previous years, at $5.9 billion, a 1.5 percent increase from April 2011. Of the top 10 states by value, California had the largest percentage increase over April 2011, at 23 percent.

The top commodity category transported between the U.S. and Canada by all surface modes of transportation in April was non-railway vehicles, valued at $9.3 billion.

Texas continued to lead all states in surface trade with Mexico at $11.7 billion, a 15.9 percent increase from April 2011. Of the top 10 states by value, Tennessee had the biggest percentage increase, 31.4 percent.

The top commodity category transported between the U.S. and Mexico by surface modes of transportation in April was electrical machinery with $6.7 billion in trade.

BTS has scheduled release of May TransBorder numbers for July 31.

Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.

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