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November NAFTA trade up 12.7 percent from 2010

In November, 84.8 percent of U.S. trade by value with Canada and Mexico moved via land, 10.8 percent moved by vessel, and 4.4 percent moved by air.

The Trucker News Services

1/31/2012

WASHINGTON — Trade using surface transportation between the United States and its North American neighbors Canada and Mexico was 12.7 percent higher in November 2011 than in November 2010, totaling $76.7 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

The value of U.S. surface transportation trade with the North American Free Trade Agreement (NAFTA) partners decreased 3 percent in November 2011 from October 2011. Month-to-month changes can be affected by seasonal variations and other factors, BTS noted.

The November 2011 value of surface trade with Canada and Mexico rose 30.1 percent in two years from November 2009, and 26.4 percent from November 2008, BTS, a part of NAFTA trade in November increased by 18.3 percent when compared to November 2006, and also increased by 72.6 percent when compared to November 2001, a period of 10 years. Imports in November were up 64.3 percent since November 2001, while exports were up 83.5 percent.

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Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other.

In November, 84.8 percent of U.S. trade by value with Canada and Mexico moved via land, 10.8 percent moved by vessel, and 4.4 percent moved by air.

U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to November 2010 with U.S.-Canada reaching $44.3 billion, a 12.2 percent increase, and U.S.-Mexico reaching $32.4 billion, a 13.3 percent increase.

In November trade by state, Michigan led all states in surface trade with Canada as it has in previous years, at $5.7 billion, a 26.7 percent increase from November 2010.

Texas also continued to lead all states in surface trade with Mexico at $11.2 billion, a 9.5 percent increase from November 2010.

The news release and summary tables can be found at www.bts.gov. BTS will release December 2011 TransBorder numbers on Tuesday, Feb. 28.

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

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