|1||LNG, other petroleum gases||$1.81 B|
|2||Motor vehicle parts||$367.82 M|
|3||Gasoline, other fuels||$298.03 M|
|4||Electrical supplies, apparatus, less than 1000V||$276.05 M|
|5||Insulated wire, cable||$262.39 M|
|6||Computer chips||$216.52 M|
|7||TVs, computer monitors||$213.44 M|
|8||Pork meat, fresh, frozen or chilled||$170.57 M|
|9||Compressors and pumps||$156.72 M|
|10||Electric ignition equipment||$149.6 M|
|1||TVs, computer monitors||$1.56 B|
|2||Avocados, dates, figs, pineapples, etc.||$1.16 B|
|3||Electrical boards, panels and switches||$700.18 M|
|4||Motor vehicle parts||$657.82 M|
|5||Medical instruments||$641.52 M|
|6||Strawberries, blueberries, raspberries, etc.||$612.99 M|
|7||Insulated wire, cable||$548.13 M|
|8||Electric motors, generators, not sets||$496.66 M|
|9||Tomatoes, fresh or chilled||$422.77 M|
|10||Cell phones, related equipment||$408.75 M|
Pharr International Bridge in Texas’s trade decreases 14.34 percent through September
Pharr International Bridge in Texas’s trade with the world fell 14.34 percent, from $27.8 billion to $23.81 billion through the first nine months of 2020 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 $2.73 trillion, with exports at $1.04 trillion and imports at $1.69 trillion. The nation’s total trade decreased 12.17 percent compared to the same period last year. Exports fell 15.48 percent and imports fell 10 percent.
Pharr International Bridge in Texas ranked No. 31 for total trade among the nation’s roughly 450 airports, seaports and border crossings through September of 2020. During the same period of 2019 it ranked No. 29. It finished No. 29 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; John F. Kennedy International Airport; Port Laredo and Port of Newark.
Through September Pharr International Bridge in Texas’s top trade partners were No. 1 Mexico, No. 2 China, No. 3 South Korea, No. 4 Japan and No. 5 Indonesia. Through the same period of the previous year, the top trade partners were held by Mexico, China, South Korea, Japan and Indonesia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 14.35 percent to $22.85 billion.
Exports fell 15.56 percent to $8.28 billion. Imports fell 13.65 percent to $14.57 billion.
- Trade with No. 2 China fell 32.63 percent to $425.13 million.
Exports fell 29.05 percent to $334,550. Imports fell 32.63 percent to $424.79 million.
- Trade with No. 3 South Korea rose 10.44 percent to $139.79 million.
Exports totaled $52,984. Imports rose 10.4 percent to $139.74 million.
- Trade with No. 4 Japan rose 6.86 percent to $112.96 million.
Exports rose 78.75 percent to $124,998. Imports rose 6.81 percent to $112.83 million.
- Trade with No. 5 Indonesia rose 15.03 percent to $54.93 million.
Exports rose 67.43 percent to $134,510. Imports rose 14.94 percent to $54.79 million.
Pharr International Bridge in Texas’s top five trading partners through September accounted for 99.03 percent of its trade with the world.
Pharr International Bridge in Texas had trade surpluses with seven countries and deficits with 78 through September. That compares with 12 surpluses and 78 deficits for the same period one year earlier. The top three surpluses through September of this year were with Morocco, $203,228; Mayotte, $131,548; and Mozambique, $97,781. The top three deficits through September of this year were with Mexico, $6.29 billion; China, $424.46 million; and South Korea, $139.69 million.
Through September its top exports were LNG, other petroleum gases; Motor vehicle parts; Gasoline, other fuels; Electrical supplies, apparatus, less than 1000V; and Insulated wire, cable, in that order. Those accounted for 36.37 percent of its total outbound trade. The Port’s top imports were TVs, computer monitors; Avocados, dates, figs, pineapples, etc.; Electrical boards, panels and switches; Motor vehicle parts; and Medical instruments, accounting for 30.42 percent of all inbound shipments.
Looking more closely at Pharr International Bridge in Texas’s exports:
- LNG, other petroleum gases fell 9.31 percent compared to last year to $1.81 billion.
- Motor vehicle parts fell 29.33 percent compared to last year to $367.82 million.
- Gasoline, other fuels fell 2.82 percent compared to last year to $298.03 million.
- Electrical supplies, apparatus, less than 1000V rose 5.25 percent compared to last year to $276.05 million.
- Insulated wire, cable fell 2.74 percent compared to last year to $262.39 million.
On the import side:
- TVs, computer monitors fell 23.23 percent compared to last year to $1.56 billion.
- Avocados, dates, figs, pineapples, etc. fell 2.42 percent compared to last year to $1.16 billion.
- Electrical boards, panels and switches fell 21.72 percent compared to last year to $700.18 million.
- Motor vehicle parts fell 25.58 percent compared to last year to $657.82 million.
- Medical instruments fell 20.28 percent compared to last year to $641.52 million.
Last year Pharr International Bridge in Texas posted total trade with the world of $36.68 billion. The Port’s deficit was $10.49 billion. Exports totaled $13.1 billion and imports came to $23.59 billion.