|1||LNG, other petroleum gases||$2.68 B|
|2||Motor vehicle parts||$255.48 M|
|3||Gasoline, other fuels||$254.78 M|
|4||Insulated wire, cable||$193.31 M|
|5||Computer chips||$180.18 M|
|6||Electrical supplies, apparatus, less than 1000V||$164.27 M|
|9||Compressors and pumps||$92.48 M|
|10||Plastic boxes, containers||$90.49 M|
|1||TVs, computer monitors||$1.09 B|
|2||Avocados, dates, figs, pineapples, etc.||$794.23 M|
|3||Strawberries, blueberries, etc.||$757.37 M|
|4||Electrical boards, panels and switches||$459.15 M|
|5||Motor vehicle parts||$433.63 M|
|6||Medical instruments||$431.41 M|
|7||Electric motors, generators, not sets||$408.03 M|
|8||Insulated wire, cable||$406.19 M|
|9||Tomatoes, fresh or chilled||$268.12 M|
|10||Saws, drills and other hand tools||$261.41 M|
Pharr International Bridge in Texas’s trade increases 37.69 percent through May
Pharr International Bridge in Texas’s trade with the world rose 37.69 percent, from $12.98 billion to $17.88 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.
Pharr International Bridge in Texas ranked No. 29 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. 30. It finished No. 30 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 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 Canada. 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 rose 40.4 percent to $17.43 billion.
Exports rose 55.67 percent to $7.17 billion. Imports rose 31.38 percent to $10.25 billion.
- Trade with No. 2 China fell 48.14 percent to $149.19 million.
Exports rose 167.94 percent to $228,746. Imports fell 48.2 percent to $148.97 million.
- Trade with No. 3 South Korea rose 13.31 percent to $73.32 million.
There were no exports. Imports rose 13.34 percent to $73.32 million.
- Trade with No. 4 Japan rose 5.62 percent to $59.05 million.
Exports rose 1191.01 percent to $307,014. Imports rose 5.12 percent to $58.74 million.
- Trade with No. 5 Canada rose 349.05 percent to $21.86 million.
Exports fell 78.01 percent to $15,650. Imports rose 355.38 percent to $21.84 million.
Pharr International Bridge in Texas’s top five trading partners through May accounted for 99.18 percent of its trade with the world.
Pharr International Bridge in Texas had trade surpluses with nine countries and deficits with 69 through May. That compares with five surpluses and 65 deficits for the same period one year earlier. The top three surpluses through May of this year were with Hong Kong, $194,596; Iraq, $99,140; and The Netherlands, $78,197. The top three deficits through May of this year were with Mexico, $3.08 billion; China, $148.74 million; and South Korea, $73.32 million.
Through May its top exports were LNG, other petroleum gases; Motor vehicle parts; Gasoline, other fuels; Insulated wire, cable; and Computer chips, in that order. Those accounted for 49.63 percent of its total outbound trade. The Port’s top imports were TVs, computer monitors; Avocados, dates, figs, pineapples, etc.; Strawberries, blueberries, raspberries, etc.; Electrical boards, panels and switches; and Motor vehicle parts, accounting for 33.02 percent of all inbound shipments.
Looking more closely at Pharr International Bridge in Texas’s exports:
- LNG, other petroleum gases rose 158.14 percent compared to last year to $2.68 billion.
- Motor vehicle parts rose 31.81 percent compared to last year to $255.48 million.
- Gasoline, other fuels rose 100.43 percent compared to last year to $254.78 million.
- Insulated wire, cable rose 30.61 percent compared to last year to $193.31 million.
- Computer chips rose 71.23 percent compared to last year to $180.18 million.
On the import side:
- TVs, computer monitors rose 43.9 percent compared to last year to $1.09 billion.
- Avocados, dates, figs, pineapples, etc. rose 11.22 percent compared to last year to $794.23 million.
- Strawberries, blueberries, raspberries, etc. rose 37.97 percent compared to last year to $757.37 million.
- Electrical boards, panels and switches rose 34.16 percent compared to last year to $459.15 million.
- Motor vehicle parts rose 38.41 percent compared to last year to $433.63 million.
Last year Pharr International Bridge in Texas posted total trade with the world of $33.05 billion. The Port’s deficit was $10.09 billion. Exports totaled $11.48 billion and imports came to $21.57 billion.