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July 2011 Surface Trade with Canada and Mexico Rose 18.1 Percent from July 2010

July 2011 Surface Trade with Canada and Mexico Rose 18.1 Percent from July 2010

9/29/2011

 

Surface transportation trade between the United States and its North American neighbors, Canada and Mexico, was 18.1 percent higher in July 2011 than in July 2010, totaling $72.4 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 July 2011 rose 40.4 percent compared to July 2009, but has still only risen 1.0 percent above the level of July 2008. The value of U.S. surface transportation trade with Canada and Mexico decreased 6.7 percent in July 2011 from June 2011. The value of U.S. surface transportation trade with Canada and Mexico in July increased by 29.4 percent when compared to July 2006, and also increased by 77.1 percent when compared to July 2001. Imports in July were up 60.7 percent since July 2001, while exports were up 100.8 percent. In July, 85.2 percent of U.S. trade by value with Canada and Mexico moved via land.