|2||Gasoline, other fuels||$383.88 M|
|4||Misc. iron and steel articles||$202.69 M|
|5||Soybean oilcake||$189.14 M|
|8||Chemical compounds||$131.43 M|
|9||Lactose, caramel, misc. sugars||$120.6 M|
|10||Passenger vehicles||$117.87 M|
|1||Commercial vehicles||$4.33 B|
|3||Passenger vehicles||$1.13 B|
|4||Seats, excluding barber, dental||$269.63 M|
|5||Refrigerators, freezers||$229.75 M|
|6||Motor vehicle parts||$204.12 M|
|7||Insulated wire, cable||$186.57 M|
|8||Iron and steel springs||$165.5 M|
|9||Men's or boys' slacks, suits, not knit||$144.21 M|
|10||Misc. fermented beverages||$83.01 M|
Eagle Pass’s trade increases 45.31 percent through May
Eagle Pass’s trade with the world rose 45.31 percent, from $9.36 billion to $13.6 billion through the first five months of 2021 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
During the same time period, the nation’s total trade was $1.79 trillion, with exports at $692.28 billion and imports at $1.09 trillion. The nation’s total trade increased 20.62 percent compared to the same period last year. Exports rose 18.92 percent and imports rose 21.72 percent.
Eagle Pass ranked No. 31 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2021. During the same period of 2020 it ranked No. 36. It finished No. 32 in the last full year.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Chicago O’Hare International Airport; Port Laredo; John F. Kennedy International Airport and Port of Newark.
Through May Eagle Pass’s top trade partners were No. 1 Mexico, No. 2 Canada, No. 3 China, No. 4 Taiwan and No. 5 Japan. Through the same period of the previous year, the top trade partners were held by Mexico, Japan, Canada, China and Thailand, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 45.69 percent to $13.56 billion.
Exports rose 53.02 percent to $4.23 billion. Imports rose 42.58 percent to $9.32 billion.
- Trade with No. 2 Canada rose 96.05 percent to $17.94 million.
There were no exports. Imports rose 96.05 percent to $17.94 million.
- Trade with No. 3 China rose 17.51 percent to $9.83 million.
There were no exports. Imports rose 17.68 percent to $9.83 million.
- Trade with No. 4 Taiwan fell 4.41 percent to $3.26 million.
There were no exports. Imports fell 4.41 percent to $3.26 million.
- Trade with No. 5 Japan fell 87.71 percent to $2.36 million.
There were no exports. Imports fell 84.29 percent to $2.36 million.
Eagle Pass’s top five trading partners through May accounted for 99.96 percent of its trade with the world.
Eagle Pass had trade surpluses with two countries and deficits with 44 through May. That compares with one surpluses and 38 deficits for the same period one year earlier. The top three surpluses through May of this year were with Afghanistan, $10,652; Cocos (Keeling) Island, $9,855; and Mali, $0. The top three deficits through May of this year were with Mexico, $5.09 billion; Canada, $17.94 million; and China, $9.83 million.
Through May its top exports were Soybeans; Gasoline, other fuels; Corn; Misc. iron and steel articles; and Soybean oilcake, in that order. Those accounted for 37.43 percent of its total outbound trade. The Port’s top imports were Commercial vehicles; Beer; Passenger vehicles; Seats, excluding barber, dental; and Refrigerators, freezers, accounting for 78.57 percent of all inbound shipments.
Looking more closely at Eagle Pass’s exports:
- Soybeans rose 34.63 percent compared to last year to $502.5 million.
- Gasoline, other fuels rose 137.79 percent compared to last year to $383.88 million.
- Corn rose 50.83 percent compared to last year to $306.4 million.
- Misc. iron and steel articles rose 923.13 percent compared to last year to $202.69 million.
- Soybean oilcake rose 37.14 percent compared to last year to $189.14 million.
On the import side:
- Commercial vehicles rose 68.73 percent compared to last year to $4.33 billion.
- Beer rose 21.86 percent compared to last year to $1.4 billion.
- Passenger vehicles rose 41.53 percent compared to last year to $1.13 billion.
- Seats, excluding barber, dental rose 143.13 percent compared to last year to $269.63 million.
- Refrigerators, freezers rose 72.01 percent compared to last year to $229.75 million.
Last year Eagle Pass posted total trade with the world of $28.13 billion. The Port’s deficit was $12.99 billion. Exports totaled $7.57 billion and imports came to $20.56 billion.