Agency Releases North American Surface Trade Numbers For November
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, rose 6.2 percent in November 2012 compared to November 2011, totaling $81.5 billion, according to the Bureau of Transportation Statistics (BTS). Adjusted for inflation and exchange rates and presented in January 2004 dollars, the November 2012 total was $59.5 billion, up 7.6 percent from November 2011.
BTS, a part of the Department’s Research and Innovative Technology Administration, reported that in November 2012, $56.2 billion of U.S. trade with Canada and Mexico moved by truck, $14.9 billion moved by rail, and $5.9 billion moved by pipeline. Surface transportation includes freight movements by truck, rail, pipeline, mail, other modes of transport, and goods moving into Foreign Trade Zones. Surface transportation trade with Canada and Mexico accounted for 21 percent of total U.S. foreign trade in November 2012.
U.S.-Canada surface trade was $46.7 billion in current dollars in November 2012, while U.S.-Mexico surface trade was $34.8 billion.
