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February 2011 Surface Trade with Canada and Mexico Rose 11.8 Percent From February 2010

February 2011 Surface Trade with Canada and Mexico Rose 11.8 Percent From February 2010

5/3/2011

 

Surface trade between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 11.8% higher in February 2011 than in February 2010, reaching $66.6 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. BTS reported that the value of U.S. surface transportation trade with Canada and Mexico in February 2011 rose 38.8% in two years from February 2009 which, at $47.9 billion, had the lowest amount of trade of any month since February 2004.  U.S.– Canada surface transportation trade totaled $40.0 billion in February, up 10.1% compared to February 2010. U.S.– Mexico surface transportation trade totaled $26.6 billion in February, up 14.5% compared to February 2010.  In February, 86.4% of U.S. trade by value with Canada and Mexico moved on land.