BTS Releases North American Surface Trade Numbers for August
Posted: Tue Nov 01, 2011 8:16 amBTS Releases North American Surface Trade Numbers for August:
August 2011 Surface Trade with Canada and Mexico Rose 18.3 Percent
from August 2010
Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 18.3 percent higher in August 2011 than in August 2010, totaling $80.4 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. This was the second time on record that U.S.–NAFTA trade by land modes exceeded $80 billion in one month – the first time was in March 2011.
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 (NAFTA) partners, in August 2011 rose 48.2 percent in two years from August 2009 and 11.3 percent in three years from August 2008.
The value of U.S. surface transportation trade with Canada and Mexico in August increased by 21.2 percent when compared to August 2006, and also increased by 70.6 percent when compared to August 2001, a period of 10 years. Imports in August were up 59.7 percent since August 2001, while exports were up 84.8 percent. See Transborder Press Releases for historic data. Values in this press release are not adjusted for inflation.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other. In August, 86.0 percent of U.S. trade by value with Canada and Mexico moved via land, 9.6 percent moved by vessel, and 4.4 percent moved by air.
U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to August 2010 with U.S.-Canada reaching $47.5 billion, a 19.1 percent increase, and U.S.-Mexico reaching $32.9 billion, a 17.2 percent increase.
See BTS Transborder Data Release for summary tables, state rankings and additional data. See North American Transborder Freight Data for historic data.
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August 2011 Surface Trade with Canada and Mexico Rose 18.3 Percent
from August 2010
Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 18.3 percent higher in August 2011 than in August 2010, totaling $80.4 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. This was the second time on record that U.S.–NAFTA trade by land modes exceeded $80 billion in one month – the first time was in March 2011.
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 (NAFTA) partners, in August 2011 rose 48.2 percent in two years from August 2009 and 11.3 percent in three years from August 2008.
The value of U.S. surface transportation trade with Canada and Mexico in August increased by 21.2 percent when compared to August 2006, and also increased by 70.6 percent when compared to August 2001, a period of 10 years. Imports in August were up 59.7 percent since August 2001, while exports were up 84.8 percent. See Transborder Press Releases for historic data. Values in this press release are not adjusted for inflation.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other. In August, 86.0 percent of U.S. trade by value with Canada and Mexico moved via land, 9.6 percent moved by vessel, and 4.4 percent moved by air.
U.S.-Canada and U.S.-Mexico surface transportation trade both increased compared to August 2010 with U.S.-Canada reaching $47.5 billion, a 19.1 percent increase, and U.S.-Mexico reaching $32.9 billion, a 17.2 percent increase.
See BTS Transborder Data Release for summary tables, state rankings and additional data. See North American Transborder Freight Data for historic data.
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