February 2010 Surface Trade with Canada and Mexico Rose 24.1 Percent from February 2009
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 24.1 percent higher in February 2010 than in February 2009, reaching $59.5 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. The 24.1 percent increase is the largest year-over-year rise on record but freight value still remained 14.3 percent less than the value in February 2008.
BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico rose 4.9 percent in February 2010 from January 2010. Month-to-month changes can be affected by seasonal variations and other factors.
U.S.–Canada surface transportation trade totaled $36.3 billion in February, up 21.7 percent compared to February 2009. U.S.–Mexico surface transportation trade totaled $23.2 billion in February, up 28.0 percent compared to February 2009.
Surface transportation consists largely of freight movements by truck, rail and pipeline. In February, 87.6 percent of U.S. trade by value with Canada and Mexico moved on land.
See BTS Transborder Data Release for summary tables, state rankings and additional data. See North American Transborder Freight Data for historic data.
| < Prev | Next > |
|---|
