U.S. cross-border traffic with North American Free Trade Agreement partners Mexico and Canada via truck and rail was up 8.3 percent from $69.17 billion in April 2012 to roughly $75 billion this April, according to data from the U.S. Bureau of Transportation Statistics.
U.S. exports by truck jumped 10.4 percent in terms of value to $31.38 billion, up from $28.42 billion in April 2012. This followed two straight months of year-over-year declines and was the first increase of more than 10 percent since May 2012. The value of exports by truck was up 6 percent from March. The combined value of January-April 2013 truck exports rose 2.3 percent year-over-year.
The value of imports by truck increased 6.6 percent to $28.57 billion in April, up from $26.79 billion in April 2012. This was the highest trade value since October 2012. April also saw a month-to-month increase of roughly 3 percent. The value of January-April 2013 imports by truck inched down 0.1 percent year-over-year.
U.S. rail exports to its NAFTA partners increased 5 percent year-over-year in April but slipped 0.5 percent month-to-month to $5.41 billion. Rail exports have experienced just one year-over-year decline in almost 40 months. In the first four months of 2013, rail export value increased 1.7 percent from the same period in 2012.
The value of April U.S. imports by rail from its NAFTA partners climbed 8.7 percent year-over-year to $9.57 billion. However, April’s value was down 7.8 percent from a high of $10.38 billion in March. January-April 2013 rail import value was up 7.3 percent year-over-year.