Surface trade with Canada and Mexico reached a monthly record high in March 2006

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 14.8% higher in March 2006 than in March 2005, reaching $68.2 billion, the highest monthly level ever recorded, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation (Table 1).

BTS, a part of the Research and Innovative Technology Administration (RITA), reported that total North American surface transportation trade rose 14.1% in March from February (Table 2). Month-to-month changes can be affected by seasonal variations and other factors.

The previous monthly high was $64.0 billion in October 2005. 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.

Total North American surface transportation trade value in March was up 35.8% compared to March 2001, and up 100.5% compared to March 1996, a period of 10 years (Table 3). Imports in March were up 114.6% compared to March 1996, while exports were up 84.8%.

U.S. Surface Transportation Trade with Canada

U.S.–Canada surface transportation trade totaled $44.0 billion in March, up 11.4% compared to March 2005 (Table 4). The value of imports carried by truck was 8.6% higher in March 2006 than March 2005 while the value of exports carried by truck was 13.3% higher.

Michigan led all states in surface trade with Canada in March with $6.7 billion (Table 5).

U.S. Surface Transportation Trade with Mexico

U.S. – Mexico surface transportation trade totaled $24.2 billion in March, up 21.5% compared to March 2005 (Table 6). The value of imports carried by truck was 18.1% higher in March 2006 than March 2005 while the value of exports carried by truck was 21.9% higher.

Texas led all states in surface trade with Mexico in March with $7.7 billion (Table 7).

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. March transborder numbers include data received by BTS as of May 15.

Tags: surface trade, canada, mexico, usa, foreign trade, statistics, transborder, bts