Monday, February 4, 2008

BTS Releases North American Surface Trade Numbers for November 2007

(U.S. Department of Transportation)

Surface trade with Canada and Mexico rose 8.6% from November 2006

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 8.6% higher in November 2007 than in November 2006, reaching $70.4 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation (Table 1).

The value of U.S. surface transportation trade with Canada and Mexico fell 5.2% in November from October (Table 2). 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% of U.S. trade by value with Canada and Mexico moves on land.

The value of U.S. surface transportation trade with Canada and Mexico in November was up 51.9% compared to November 2002, and up 91.3% compared to November 1997, a period of 10 years (Table 3). Imports in November were up 103.1% compared to November 1997, while exports were up 78.0%.

U.S. Surface Transportation Trade with Canada

U.S.–Canada surface transportation trade totaled $45.2 billion in November, up 11.5% compared to November 2006 (Table 4). The value of imports carried by truck was 4.9% higher in November 2007 than November 2006, while the value of exports carried by truck was 15.1% higher.

Michigan led all states in surface trade with Canada in November with $7.3 billion (Table 5). …

The full press release, with tables, can be found here.