Exports by truck from the U.S. into Mexico jumped nearly 20 percent year-over-year in April 2013, according to data obtained from the U.S. Bureau of Transportation Statistics. Overall value of cross-border traffic increased in April.
The value of exports by truck from the U.S. to Mexico soared 19.3 percent year-over-year and increased 15.5 percent month-to-month to $13.49 billion in April. This growth marked a rebound from March’s 4.3 percent decline from the previous year. April’s truck export value reached its highest level since the JOC began collecting this data in January 2009. The value of exports by truck is now up 5.5 percent in first four months of 2013 compared with the level seen in the same period in 2012.
Exports by rail to Mexico rose 3.5 percent year-over-year to $2.4 billion, the first month showing an increase following four consecutive decreases. This puts the value of exports by rail down 3.2 percent in the first four months of 2013 when compared with the same period in 2012. Exports by rail also increased 6.7 percent from March’s level of $2.24 billion.
Imports by rail reached $3.19 billion this April, up 8.8 percent from $2.93 billion in April 2012. This followed a 21.7 percent jump in March. Year-over-year traffic value in this lane has been increasing for 15 straight months. However, rail import value from Mexico fell 17 percent from the level reported for March. In the first four months of 2013, the value of rail imports from Mexico into the U.S. rose 13 percent from the same period in 2012.
The value of U.S. imports by truck from Mexico in April 2013 increased 9 percent year-over-year, to $16.27 billion, from $14.92 billion in April 2012. This was the highest volume in the past half year. Import value also increased 3.4 percent from the level seen in March. Imports by truck in this lane were down 0.3 percent through April compared to the level seen in the same four months of 2012.