December 2008 Surface Trade with Canada and Mexico Fell 13.1 Percent from December 2007(State Rankings in Tables 5 and 7)
Tuesday, March 3, 2009 - Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico , was 13.1 percent lower in December 2008 than in December 2007, dropping to $52.9 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation (Table 1). December was the second straight month with a year-to-year decline of greater than 13 percent. The value of U.S. surface transportation trade with Canada and Mexico fell 12.8 percent in December from November (Table 2). Month-to-month changes can be affected by seasonal variations and other factors. Surface transportation consists largely of freight movements by truck, rail and pipeline. About 88 percent of U.S. trade by value with Canada and Mexico moves on land. The value of U.S. surface transportation trade with Canada and Mexico in December was up 16.5 percent compared to December 2003, and up 42.3 percent compared to December 1998, a period of 10 years (Table 3). Imports in December were up 41.9 percent compared to December 1998, while exports were up 42.9 percent. U.S. Surface Transportation Trade with CanadaU.S.–Canada surface transportation trade totaled $32.9 billion in December, down 17.0 percent compared to December 2007 (Table 4). The value of imports carried by truck was 15.4 percent lower in December 2008 compared to December 2007, while the value of exports carried by truck was 13.7 percent lower. Michigan led all states in surface trade with Canada in December with $4.0 billion (Table 5). U.S. Surface Transportation Trade with MexicoU.S.–Mexico surface transportation trade totaled $20.0 billion in December, down 6.0 percent compared to December 2007 (Table 6). The value of imports carried by truck was 11.8 percent lower in December 2008 than December 2007 while the value of exports carried by truck was 9.7 percent higher. Texas led all states in surface trade with Mexico in December with $6.4 billion (Table 7). The TransBorder Freight Data are a unique subset of official U.S. foreign trade statistics released by the U.S. Census Bureau. New data are tabulated monthly and historical data are not adjusted for inflation. December TransBorder numbers include data received by BTS as of Feb. 11. The news release and summary tables can be found at www.bts.gov. More information on TransBorder Freight Data and data from previous months are posted on the BTS website at http://www.bts.gov/transborder/. BTS will release January TransBorder numbers on March 31. Table 1. Value of Monthly U.S. Surface Transportation Trade with Canada and Mexico(millions of dollars)
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Note: Numbers may not add to totals due to rounding. Percent changes based on numbers prior to rounding. Table 2. U.S. Surface Trade with Canada and Mexico by Mode of Transportation(millions of dollars)
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Notes: Numbers may not add to totals due to rounding. Percent changes based on numbers prior to rounding. The value of trade for all surface modes is not equal to the sum of truck, rail and pipeline modes, it also includes shipments made by mail, foreign trade zones, other and unknown modes of transportation. For additional detail refer to the “Data Fields” Section of the TransBorder web page: http://www.bts.gov/transborder/TBDR_DataFields.html. Table 3. December 2008 Surface Trade with Canada and Mexico Compared with December of Prior Years
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Table 4. U.S. Merchandise Trade with Canada by Surface Modes of Transportation(millions of dollars)
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Note: Numbers may not add to totals due to rounding. Percent changes based on numbers prior to rounding. The value of trade for all surface modes is not equal to the sum of truck, rail and pipeline modes, it also includes shipments made by mail, foreign trade zones, other and unknown modes of transportation. For additional detail refer to the “Data Fields” Section of the TransBorder web page: http://www.bts.gov/transborder/TBDR_DataFields.html. Table 5. Top 10 States Trading with Canada by Surface Modes of TransportationRanked by December 2008 Surface Trade Value (millions of dollars)
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Table 6. U.S. Merchandise Trade with Mexico by Surface Modes of Transportation(millions of dollars)
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Note: Numbers may not add to totals due to rounding. Percent changes based on numbers prior to rounding. The value of trade for all surface modes is not equal to the sum of truck, rail and pipeline modes, it also includes shipments made by mail, foreign trade zones, other and unknown modes of transportation. For additional detail refer to the “Data Fields” Section of the TransBorder web page: http://www.bts.gov/transborder/TBDR_DataFields.html Table 7. Top 10 States Trading with Mexico by Surface Modes of TransportationRanked by December 2008 Surface Trade Value (millions of dollars)
Source: BTS TransBorder Freight Data, http://www.bts.gov/transborder/ Find this web page at:
http://www.bts.gov/press_releases/2009/bts010_09/html/bts010_09.html |