NAFTA transportation trade up in February

May 7, 2006
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 11.6 percent higher in February 2006 than in February 2005, reaching $59.8 billion, according to the Bureau of Transportation Statistics (BTS).

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 11.6 percent higher in February 2006 than in February 2005, reaching $59.8 billion, according to the Bureau of Transportation Statistics (BTS).

BTS, a part of the Research and Innovative Technology Administration (RITA), reported that total North American surface transportation trade fell 2.3 percent in February from January. 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. About 90 percent of U.S. trade by value with Canada and Mexico moves on land.

Total North American surface transportation trade value in February was up 33.4 percent compared to February 2001, and up 82.1 percent compared to February 1996, a period of 10 years. Imports in February were up 99.4 percent compared to February 1996, while exports were up 62.8 percent.

US-Canada

United States–Canada surface transportation trade totaled $39.5 billion in February, up 11.6 percent compared to February 2005 . The value of imports carried by truck was 3.0 percent higher in February 2006 than February 2005 while the value of exports carried by truck was 9.4 percent higher.

Michigan led all states in surface trade with Canada in February with $6.3 billion.

US-Mexico

United States–Mexico surface transportation trade totaled $20.3 billion in February, up 11.5 percent compared to February 2005 (Table 6). The value of imports carried by truck was 10.7 percent higher in February 2006 than February 2005 while the value of exports carried by truck was 12.2 percent higher.

Texas led all states in surface trade with Mexico in February with $6.6 billion.

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