NAFTA surface trade rises in November 2005
Feb 1, 2006 12:08 PM
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 12.0 percent higher in November 2005 than in November 2004, reaching $62.9 billion, according to the Bureau of Transportation Statistics (BTS).
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.
BTS, a part of the Research and Innovative Technology Administration (RITA), reported that total North American surface transportation trade fell 1.7 percent in November from October. Month-to-month changes can be affected by seasonal variations and other factors.
Total North American surface transportation trade value in November was up 41.6 percent compared to November 2001, and up 95.1 percent compared to November 1995, a period of 10 years. Imports in November were up 106.1 percent compared to November 1995, while exports were up 81.7 percent.
United States–Canada surface transportation trade totaled $41.0 billion in November, up 13.3 percent compared to November 2004. The value of imports carried by truck was 11.5 percent higher in November 2005 than November 2004 while the value of exports carried by truck was 11.3 percent higher.
Michigan led all states in surface trade with Canada in November with $6.9 billion.
United States–Mexico surface transportation trade totaled $21.8 billion in November, up 9.7 percent compared to November 2004. The value of imports carried by truck was 10.9 percent higher in November 2005 than November 2004 while the value of exports carried by truck was 6.7 percent higher.
Texas led all states in surface trade with Mexico in November with $7.1 billion.
The Transborder Freight Dataset is a special extract of the official U.S. foreign trade statistics. The data are tabulated for BTS monthly by the U.S. Census Bureau’s Foreign Trade Division. November transborder numbers include data received by BTS as of January 13.
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