Year-to-year NAFTA trade up 12% in October
Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 12.0 percent higher in October 2011 than in October 2010, totaling $79.0 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. The value increased 1.7 percent in October from September; 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 value rose 28.7 percent in two years from October 2009, and 8.7 percent from October 2008. The value increased by 18.2 percent when compared to October 2006 and increased by 65.9 percent when compared to October 2001. Imports in October were up 57.8 percent since October 2001, while exports were up 76.4 percent.
U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to October 2010, with U.S.-Canada reaching $46.4 billion, a 14.1 percent increase, and U.S.-Mexico reaching $32.6 billion, a 9.1 percent increase. Michigan led all states in surface trade with Canada at $5.7 billion, an 8.3 percent increase from October 2010. Texas led all states in surface trade with Mexico at $11.3 billion, a 3.8 percent increase from October 2010.
The TransBorder Freight Data are a subset of official U.S. foreign trade statistics released by the U.S. Census Bureau. New data are tabulated monthly, and historical data are not adjusted for inflation. Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones and other modes. In October , 86.1 percent of U.S. trade by value with Canada and Mexico moved via land, 9.6 percent moved by vessel, and 4.3 percent moved by air.