Tuesday, April 5, 2011

U.S. January 2011 Surface Trade with Canada and Mexico Rose 19.5% from January 2010

(U.S. Department of Transportation)

Trade using surface transportation between the U.S. and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 19.5% higher in January 2011 than in January 2010, reaching $67.7bn, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation.

BTS, a part of the Research and Innovative Technology Administration, reported that the value of
U.S. surface transportation trade with Canada and Mexico in January 2011 rose 42.7% in two years from January 2009, which at $47.5bn had the lowest amount of trade of any month since January 2004. Trade value in January 2011 was up 4% from the early recession level of January 2008. Read more here (PDF).