Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 11% higher in June 2011 than in June 2010, totaling $77.5 billion,
according to the Bureau of Transportation Statistics.
BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico, the United States' North American Free Trade Agreement partners, rose 52.7% in two years from June 2009, but has still only risen 4.6% above the level of June 2008, the previous all-time June high.
The value of U.S. surface transportation trade with Canada and Mexico in June increased by 15.9% when compared to June 2006, and also increased by 59.0% when compared to June 2001, a period of 10 years.
Imports in June were up 49.8% since June 2001, while exports were up 71.2%.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other. In June, 85.5% of U.S. trade by value with Canada and Mexico moved via land, 10.3% moved by vessel, and 4.2% moved by air.
The value of U.S. surface transportation trade with Canada and Mexico gained 0.3% in June 2011 from May 2011. Month-to-month changes can be affected by seasonal variations and other factors.
U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to June 2010 with U.S.-Canada reaching $46.1 billion, up 9.7%, and U.S.-Mexico reaching $31.4 billion, up 12.8%.
For more information: www.bts.gov
according to the Bureau of Transportation Statistics.
BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico, the United States' North American Free Trade Agreement partners, rose 52.7% in two years from June 2009, but has still only risen 4.6% above the level of June 2008, the previous all-time June high.
The value of U.S. surface transportation trade with Canada and Mexico in June increased by 15.9% when compared to June 2006, and also increased by 59.0% when compared to June 2001, a period of 10 years.
Imports in June were up 49.8% since June 2001, while exports were up 71.2%.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other. In June, 85.5% of U.S. trade by value with Canada and Mexico moved via land, 10.3% moved by vessel, and 4.2% moved by air.
The value of U.S. surface transportation trade with Canada and Mexico gained 0.3% in June 2011 from May 2011. Month-to-month changes can be affected by seasonal variations and other factors.
U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to June 2010 with U.S.-Canada reaching $46.1 billion, up 9.7%, and U.S.-Mexico reaching $31.4 billion, up 12.8%.
For more information: www.bts.gov
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