North American surface trade up 11.6% in December
WASHINGTON, D.C. — Trade using surface transportation between Canada, the US and Mexico was 11.6% higher in December than in December 2010, totalling $74.2 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation.
BTS reported that the December value of US surface transportation trade with Canada and Mexico rose 27.0% in the past two years from December 2009, and 40.3% from December 2008.
The value of US surface transportation trade with Canada and Mexico in December increased by 25.7% when compared to December 2006, and also increased by 94.1% when compared to December 2001. Imports in December were up 85.7% since December 2001, while exports were up 105.2%.
In December, 85.5% of US trade by value with Canada and Mexico moved via land, 10.0% moved by vessel, and 4.5% moved by air.
The value of US surface transportation trade with Canada and Mexico decreased 3.2% in December from November.
US-Canada surface transportation trade increased compared to December 2010, reaching $44.2 billion, an 11.2% increase.
In December trade by state, Michigan led all states in surface trade with Canada at $5.6 billion, a 19.7% increase from December 2010.
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