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NAFTA Surface Trade Rises 7.6%

(Journal of Commerce)

Surface transportation trade between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, jumped 7.6% year-over-year in October and 9.8% from September.

Adjusted for inflation and exchange rates, trade in October hit $61.7 billion, in 2004 dollars, according to the Transportation Department. The value of U.S. surface trade with Mexico and Canada was up 38.9% from October 2009, shortly after the end of the last recession. Read more here.
 


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Monthly Surface Trade with Canada and Mexico Falls 5.8% in September

(STR Trade Report)

U.S. monthly surface transportation trade in goods with NAFTA partners Canada and Mexico fell 5.8% in September following a 9.0% increase in August, according to statistics released by the Department of Transportation. The September total of $77.7 billion was also down 0.1% from a year before, the first year-over-year decrease since November 2009. Over the last ten years, however, total surface transportation trade with Canada and Mexico has risen 69.6%, including an 85.9% gain for exports and a 57.4% increase for imports.

Surface transportation includes freight movements by truck, rail, pipeline, mail and other modes as well as goods moving into foreign-trade zones and in September accounted for 86.4% of U.S. trade by value with Canada and Mexico. Surface trade between the U.S. and Canada totaled $45.7 billion, down 2.8% from August and 0.9% from the year before. Exports fell 2.5% for the month but were up 2.2% from the previous September, while imports saw a 3.0% monthly decrease and a 3.7% decline year-on-year. U.S.-Mexico surface transportation trade totaled $32.0 billion, down 9.9% from August but up 1.2% from the previous year. Exports plummeted 11.1% and imports fell 8.8% for the month but both categories saw increases from September 2011 (1.0% and 1.3%, respectively).
 


U.S. Monthly Surface Trade with Canada and Mexico Falls 8.4% in July

(STR Trade Report)

U.S. monthly surface transportation trade in goods with NAFTA partners Canada and Mexico dropped 8.4% in July following a 1.4% decline in June, according to statistics released Sept. 27 by the Department of Transportation. However, the July total of $75.7 billion was up 4.6% from a year before. Over the last ten years total surface transportation trade with Canada and Mexico has risen 82.8%, including a 105.1% gain for exports and a 66.7% increase for imports.

Surface transportation includes freight movements by truck, rail, pipeline, mail, foreign-trade zones and other modes and in July accounted for 86.3% of U.S. trade by value with Canada and Mexico. Surface trade between the U.S. and Canada totaled $42.9 billion, down 11.3% from June but up 1.0% from the year before. Exports sank 12.0% for the month but gained 3.2% from the previous July, while imports saw a 10.5% monthly drop and a 1.0% decline year-on-year. U.S.-Mexico surface transportation trade totaled $32.7 billion, down 4.3% from June but up 9.7% from the previous year. Exports fell 0.8% and imports dropped 7.0% for the month, but both categories saw increases from July 2011 (10.0% and 9.5%, respectively).
 


U.S. Monthly Surface Trade with Canada and Mexico Fell in April

(STR Trade Report)

U.S. monthly surface transportation trade in goods with NAFTA partners Canada and Mexico fell 7.0% in April, according to statistics released June 26 by the Department of Transportation.

However, the April total of $79.8 billion was up 8.2% from a year before. Over the last ten years total surface transportation trade with Canada and Mexico has risen 70.5%, including an 84.3% gain for exports and a 60.2% increase for imports.

Surface transportation includes freight movements by truck, rail, pipeline, mail, foreign-trade zones and other modes and in April accounted for 86.5% of U.S. trade by value with Canada and Mexico. Surface trade between the U.S. and Canada totaled $47.2 billion, down 5.9% from March but up 5.6% from a year before. Exports dropped 6.9% for the month but climbed 4.5% from the previous April, while imports saw a 5.0% monthly drop but a 6.7% rise year-on-year. U.S.-Mexico surface transportation trade totaled $32.6 billion, down 8.6% from March but a 12.0% increase from the previous year. Exports fell 7.0% and imports slumped 9.8% for the month, but both categories saw increases from April 2011 (13.7% and 10.8%, respectively).

 


NAFTA Trade Hits Record $85.7 Billion in March

(Journal of Commerce – Mark Szakonyi)

Surface trade by value rose 9.8 percent from February, 6.2 percent year-over-year

The value of surface transportation trade between the U.S. and Canada and Mexico hit a monthly record in March, topping $85.7 million.

Trade by value between the countries rose 9.8% from February and 6.2% year-over-year, according to the Department of Transportation. U.S surface trade with Canada and Mexico has risen 76.1% since March 2002, as exports jumped 104.5% in the same period. Read more here.
 


NAFTA Trade Up 17.4% in February

(Overdrive)

Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 17.4 percent higher in February than in February 2011, totaling $78.1 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

BTS, a part of the Research and Innovative Technology Administration, reported on Tuesday, May 1, the February value increased 3.4 percent from January; month-to-month changes can be affected by seasonal variations and other factors.

Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones and other. In February, 87.4 percent of U.S. trade by value with Canada and Mexico moved via land, 8.7 percent moved by vessel, and 3.9 percent moved by air. Read more here.
 


Annual Surface Trade with Canada and Mexico Up 14.3% in 2011

Annual surface transportation trade between the U.S. and its NAFTA partners Canada and Mexico reached $904 billion in 2011, the Bureau of Transportation Statistics reports, a 14.3% jump that was the third-largest increase since NAFTA took effect in 1994. U.S. imports from Canada and Mexico via truck, rail and pipeline were up 13.8% while exports rose 14.8%. Total U.S.-NAFTA trade is up by 42% since 2009, when it fell to a recent low due to an economic recession.

U.S. surface transportation trade with Canada totaled $537 billion in 2011, up 14% from a year before. Imports carried by truck rose 10% by value while exports gained 12.4%. The top commodity category transported between the U.S. and Canada via surface modes was vehicles and vehicle parts, which accounted for $96.1 billion in trade and was roughly split between exports and imports.

Total surface transportation trade between the U.S. and Mexico reached $367.1 billion, up 14.6% from 2010. The value of imports by truck saw a 12.4% gain while exports climbed 14.9%. The top commodity transported between the two countries via surface modes was electrical machinery at $80.5 billion.

Click here for BTS notice.
 


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U.S. December 2011 Surface Trade with Canada and Mexico Rose 11.6%

(CIFFA eBulletin)

Trade using surface transportation between the United States and its North American neighbours, Canada and Mexico, was 11.6% higher in December 2011 than in December 2010, totalling $74.2 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. BTS reported that the December 2011 value of U.S. surface transportation trade with Canada and Mexico, rose 27.0% in the past two years from December 2009, and 40.3% from December 2008. Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other.

In December, 85.5% of U.S. trade by value with Canada and Mexico moved via land, 10.0% moved by vessel, and 4.5% moved by air. The value of U.S. surface transportation trade with Canada and Mexico decreased 3.2% in December 2011 from November 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 December 2010 with U.S.-Canada reaching $44.2 billion, an 11.2% increase, and U.S.-Mexico reaching $30.0 billion, a 12.1% increase. In December trade by state, Michigan led all states in surface trade with Canada as it has in previous years, at $5.6 billion, a 19.7% increase from December 2010.
 


NAFTA Surface Trade Rises 12.7%

(Transport Topics)

Surface trade among the United States, Canada and Mexico rose 12.7% in November from a year ago, the Department of Transportation said Tuesday.

Trade among the North American Free Trade Agreement partners rose to $76.7 billion, DOT’s Bureau of Trade Statistics said in its monthly report. Month-to-month trade, which is affected by seasonal factors, slipped% from October, BTS said.

U.S.-Canada trade rose 12.2% to $44.3 billion, while U.S.-Mexico trade improved 13.3% to $32.4 billion.

Truck imports to the United States rose 10.7% year-over-year to $26.3 billion. Exports rose 10.9% to $27.3 billion.  Rail imports rose 12.6% to $8.1 billion, while exports increased 23.6% to $4.8 billion. Pipeline imports increased 26.5% to $5.6 billion and exports jumped 48.2% to $714 million.

Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90% of U.S. trade among NAFTA partners moves by land.
 


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NAFTA Surface Trade Rose 12% in October

(Journal of Commerce Online – Joseph Bonney)

U.S. trade up 28.7% from two years ago, up 8.7% from 2008

The value of trade using surface transportation between the U.S. and Canada and Mexico rose 12% to $79 billion in October, the Transportation Department reported.  Totals were up for trade with both U.S. partners in the North American Free Trade Agreement. U.S.-Canada trade posted a 14.1% year-over-year gain to $46.4 billion. U.S.-Mexico trade rose 9.1% to $32.6 billion. Read more here.
 


Monthly Surface Trade with Canada and Mexico Down 3.3% in September

U.S. monthly surface transportation trade in goods with NAFTA partners Canada and Mexico fell 3.3% in September after an 11.1% gain in August, according to statistics released Nov. 29 by the Department of Transportation. The September total of $77.7 billion was up 13.8% from a year before. Over the last ten years total surface transportation trade with Canada and Mexico has risen 83.0%, including a 99.0% gain for exports and a 71.3% increase for imports.

Surface transportation includes freight movements by truck, rail, pipeline, mail, foreign-trade zones and other modes and in September accounted for 85.6% of U.S. trade by value with Canada and Mexico. Surface trade between the U.S. and Canada totaled $46.1 billion, down 2.9% from August but up 14.7% from a year before. Exports fell 4.5% for the month but were up 10.3% from the previous September, while imports saw a 1.4% monthly decline but an 18.8% rise year-on-year. U.S.-Mexico surface transportation trade totaled $31.6 billion, down 4.0% from August but 12.5% higher than the previous year. Exports and imports were down 6.0% and 2.3%, respectively, for the month but rose 16.8% and 9.2% over September 2010.
 


BTS Releases North American Surface Trade Numbers for November

(CIFFA eBulletin)

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 15.5% higher in November 2010 than in November 2009, reaching $68.1 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.

BTS reported that the value of U.S. surface transportation trade with Canada and Mexico fell 3.6% in November 2010 from October 2010. Month-to-month changes can be affected by seasonal variations and other factors.

U.S.-Canada surface transportation trade totalled $39.5 billion in November, up 12.6% compared to November 2009. U.S.-Mexico surface transportation trade totalled $28.6 billion in November, up 19.7% compared to November 2009.


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