February 2011 Surface Trade with Canada and Mexico Rose 11.8 Percent from February 2010
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 11.8 percent higher in February 2011 than in February 2010, reaching $66.5 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico in February 2011 rose 38.8 percent in two years from February 2009, which at $47.9 billion had the lowest amount of trade of any month since February 2004. Trade value in February 2011 was down 4.1 percent from the early recession level of February 2008. See Transborder Press Releases for historic data. Values in this press release are not adjusted for inflation.
Freight value in February fell 1.8 percent from January 2011. Month-to-month changes can be affected by seasonal variations and other factors.
U.S.–Canada surface transportation trade totaled $40.0 billion in February, up 10.1 percent compared to February 2010. U.S.–Mexico surface transportation trade totaled $ 26.6 billion in February, up 14.5 percent compared to February 2010.
Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones and other. In February, 86.4 percent of U.S. trade by value with Canada and Mexico moved on land, 9.3 percent moved by vessel, and 4.3 percent moved by air.
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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