Surface transportation trade with U.S. fell 19 per cent in October to US$36.3B

The Canadian Press ~ The News
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MONTREAL - Cross-border trade continued to improve last October even though goods carried mostly by trucks, rail and pipelines was down 19 per cent to US$36.3 billion from the same month in 2008, the U.S. Department of Transportation said Wednesday.
Surface transportation trade with the United States was 4.3 per cent higher than in September 2009. Monthly changes can be affected by seasonal variations, the agency said in its report.
More than US$19 billion of goods were exported from Canada in October, compared to US$18.1 billion in September and US$25 billion in October 2008.
Imports from the United States totalled US$17.2 billion, up from US$16.6 billion in September but down from US$19.7 billion in October 2008.
Trucks accounted for about 65 per cent of all cross-border trade. Railways carried 16 per cent and pipelines 12 per cent. The remaining shipments were made by mail and other transportation.
Railway exports from Canada enjoyed the largest monthly increase, growing by 9.7 per cent, while imports fell 5.4 per cent.
The automotive capital of Michigan led all states in surface trade with Canada in October at US$4.8 billion, the department said. It was followed by Illinois with US$3.1 billion, California, New York and Ohio.
Trade between the United States and Mexico was down 10 per cent in October from a year earlier to US$25.1 billion. However, transportation grew 11.6 billion from September.
Consequently, trade using surface transportation among NAFTA partners was US$61.4 billion, 15.5 per cent lower in October 2009 than the same month in 2008. However, trade rose 7.2 per cent from September 2009.
About 88 per cent of U.S. trade by value with Canada and Mexico moves on land.

Organizations: U.S. Department of Transportation

Geographic location: United States, California, Canada MONTREAL Mexico Michigan Illinois New York Ohio

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