Cross-border trade via truck between Canada and the United States declined in May, according to data from the U.S. Bureau of Transportation Statistics. The combined value of truck trade slipped 1.5 percent year-over-year to $30.26 billion, with both imports and exports down.
U.S. exports by truck inched down 0.7 percent year-over-year but edged up 0.2 percent from April 2013 to $17.93 billion. For January through May 2013, the value of exports by truck was flat year-over-year.
The value of imports by truck from Canada was down 2.7 percent in May year-over-year to $12.33 billion; this was 0.2 percent higher than the level seen in April 2013. U.S. imports by truck from Canada slipped 0.5 percent year-over-year in the first five months of 2013.
U.S. exports by rail to Canada jumped 10 percent year-over-year to $3.01 billion. Export value remained unchanged from April. Through May, U.S. exports via rail to Canada were up 6.7 percent in value terms year-over-year.
U.S. imports by rail from Canada totaled $6.04 billion in May 2013, up 10.7 percent from $5.45 billion in May 2012, but down 5.4 percent from $6.38 billion in April 2013. The value of U.S. imports by rail from Canada rose 5.7 percent year-over-year in the first five months of 2013.