June Surface Trade with Canada, Mexico Up 6.6% Over 2011
August 28, 2012
, unadjusted for inflation, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
Adjusted for inflation and exchange rates, the June 2012 total was $61 billion in 2004 dollars, up 11% from June 2011.
BTS, a part of the Research and Innovative Technology Administration, reported that the June 2012 value of U.S. surface transportation trade with Canada and Mexico rose 11.4% from June 2008, seven months into the recession, and 62.8% from June 2009, at the end of the recession.
The value of U.S. surface transportation trade with Canada and Mexico in June increased by 79% compared to June 2002, a period of 10 years. Imports in June were up 69.7% since June 2002, while exports were up 90.8%.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other modes of transport. In June, 87.7% of U.S. trade by value with Canada and Mexico moved via land, 8.3% moved by vessel, and 4% moved by air.
See BTS Transborder Data Release
for summary tables, state rankings and additional data.