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NAFTA trade up 19.3 percent


December 1, 2010
by Purchasingb2b Staff

Trade using surface transportation between the US, Canada and Mexico was 19.3 percent higher in September 2010 over in September 2009, reaching US$68.3 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation. However, the value of US surface transportation trade with Canada and Mexico in September 2010 remained 4.8 percent below the September 2008 level despite the 2009-2010 increase.

BTS, a part of the Research and Innovative Technology Administration, reported that the value of US surface transportation trade with Canada and Mexico rose 0.5 percent in September 2010 from August 2010. Month-to-month changes can be affected by seasonal variations and other factors.

Surface transportation consists largely of freight movements by truck, rail and pipeline. In September, 86.9 percent of U.S. trade by value with Canada and Mexico moved on land.

The value of U.S. surface transportation trade with Canada and Mexico in September was up 11.7 percent compared to September 2005, and up 38.9 percent compared to September 2000, a period of 10 years.  Imports in September were up 30.6 percent compared to September 2000, while exports were up 49.9 percent.

US-Canada surface transportation trade totaled US$40.2 billion in September, up 15.7 percent compared to September 2009.  The value of imports carried by truck was 10.7 percent higher in September 2010 compared to September 2009, while the value of exports carried by truck was 17.4 percent higher during this period.

Michigan led all states in surface trade with Canada in September with US$5.4 billion.