NAFTA surface trade rises in April
Jul 10, 2006 12:17 PM
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 5.9 percent higher in April 2006 than in April 2005, reaching $61.7 billion, according to the Bureau of Transportation Statistics (BTS).
Total North American surface transportation trade fell 9.5 percent in April from March. Surface transportation consists largely of freight movements by truck, rail, and pipeline.
Total North American surface transportation trade value in April was up 31.9 percent compared to April 2001, and up 78.9 percent compared to April 1996, a period of 10 years. Imports in April were up 91.7 percent compared to April 1996, while exports were up 64.5 percent.
US-Canada surface transportation trade totaled $40.6 billion in April, up 6.5 percent compared to April 2005. The value of imports carried by truck was 4.0 percent higher in April 2006 than April 2005 while the value of exports carried by truck was 6.1 percent higher. Michigan led all states in surface trade with Canada in April with $6.3 billion.
US-Mexico surface transportation trade totaled $21.1 billion in April, up 4.7 percent compared to April 2005. The value of imports carried by truck was 1.8 percent higher in April 2006 than April 2005 while the value of exports carried by truck was 5.6 percent higher. Texas led all states in surface trade with Mexico in April with $6.7 billion.
The transborder freight dataset is a special extract of the official US foreign trade statistics. The data are tabulated for BTS monthly by the Census Bureauís Foreign Trade Division. April transborder numbers include data received by BTS as of June 13.
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