Annual NAFTA surface trade up 6.6%
Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 6.6 percent higher in June than in June 2011, totaling $82.6 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. The trade value decreased 1.4 percent in June from May; month-to-month changes can be affected by seasonal variations and other factors.
BTS, a part of the Research and Innovative Technology Administration, reported that the June trade value rose 11.4 percent from June 2008, seven months into the recession, and 62.8 percent from June 2009, at the end of the recession. The trade value in June increased by 79.0 percent compared to June 2002. Imports in June were up 69.7 percent since June 2002, while exports were up 90.8 percent.
U.S.-Canada and U.S.-Mexico surface transportation trade in June both increased compared to June 2011 with U.S.-Canada trade reaching $48.4 billion, a 5.0 percent increase, and U.S.-Mexico trade reaching $34.2 billion, an 8.8 percent increase.
Michigan led all states in surface trade with Canada, at $6.5 billion, a 4.5 percent increase from June 2011; the top U.S.-Canada commodity category was vehicles, valued at $9.9 billion. Texas led all states in surface trade with Mexico at $12.4 billion, an 11.0 percent increase from June 2011; the top U.S.-Mexico commodity category was electrical machinery, valued at $7.0 billion.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones and other modes of transport. In June, 87.7 percent of U.S. trade by value with Canada and Mexico moved via land, 8.3 percent moved by vessel, and 4.0 percent moved by air.
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