Cross-border trade via rail and truck between Canada and the United States climbed in April, according to data from the U.S. Bureau of Transportation Statistics. The combined value of exports rose 4.8 percent year-over-year to roughly $21 billion, while import value grew 5.3 percent to $18.7 billion.
U.S. exports by truck increased 4.5 percent year-over-year but inched down 0.3 percent from March 2013 to $17.89 billion. This followed two months of year-over-year declines in this lane. Through April, the value of exports by truck is up 0.2 percent from the same four months in 2012.
The value of imports by truck from Canada was up 3.6 percent in April over the same month in 2012, to $12.3 billion; this was 2.7 percent higher than the level seen in March 2013. Import value hasn’t been above $12 billion since October 2012. The value of imports by truck inched up 0.1 percent year-over-year in the first four months of 2013.
U.S. exports by rail to Canada grew 6 percent year-over-year to $3.01 billion, extending the increases in this trade for an 11th consecutive month. Export value fell 5.6 percent from $3.19 billion in March. Through April, exports were up 5.8 percent by value over the same four months in 2012.
U.S. imports by rail were valued at $6.38 billion in April 2013, up 8.7 percent from $5.87 billion in April 2012, but down 2.4 percent from $6.54 billion in March 2013. The value of imports by rail from Canada rose 4.5 percent year-over-year in the first four months of 2013.