U.S. Surface Trade with Canada and Mexico Rose 8.2 % in April, says BTS
Surface transportation trade between the U.S. and its NAFTA partners Canada and Mexico, totaled $79.8 billion in April , a 8.2 percent increase from April 2011, said the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
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BTS said the April 2012 value of U.S. surface transportation trade with Canada and Mexico rose 7.4 percent from April 2008, early in the recession, and increased by 60.4 percent from April 2009, late in the recession. Surface transportation includes freight movements by truck, rail, pipeline, mail and Foreign Trade Zones, it said. In April this year, 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 by air.
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 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 23.0 percent.
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 at 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.