|1||LNG, other petroleum gases||$2.48 B|
|2||Motor vehicle parts||$516.27 M|
|3||Gasoline, other fuels||$456.28 M|
|4||Electrical supplies, apparatus, less than 1000V||$365.33 M|
|5||Insulated wire, cable||$352.41 M|
|6||Computer chips||$310.02 M|
|7||TVs, computer monitors||$296.65 M|
|8||Pork meat, fresh, frozen or chilled||$250.86 M|
|9||Electric ignition equipment||$209.17 M|
|10||Compressors and pumps||$208.73 M|
|1||TVs, computer monitors||$2.31 B|
|2||Avocados, dates, figs, pineapples, etc.||$1.43 B|
|3||Electrical boards, panels and switches||$989.64 M|
|4||Strawberries, blueberries, raspberries, etc.||$954.71 M|
|5||Motor vehicle parts||$926.01 M|
|6||Medical instruments||$852.74 M|
|7||Insulated wire, cable||$744.28 M|
|8||Electric motors, generators, not sets||$709.07 M|
|9||Saws, drills and other hand tools||$599.93 M|
|10||Tomatoes, fresh or chilled||$592.72 M|
Pharr International Bridge in Texas’s trade decreases 9.9 percent through December
Pharr International Bridge in Texas’s trade with the world fell 9.9 percent, from $36.68 billion to $33.05 billion in 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 $3.77 trillion, with exports at $1.43 trillion and imports at $2.34 trillion. The nation’s total trade decreased 8.98 percent compared to the same period last year. Exports fell 12.99 percent and imports fell 6.34 percent.
Pharr International Bridge in Texas ranked No. 30 for total trade among the nation’s roughly 450 airports, seaports and border crossings through December 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 December 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 9.92 percent to $31.77 billion.
Exports fell 12.37 percent to $11.47 billion. Imports fell 8.48 percent to $20.3 billion.
- Trade with No. 2 China fell 29.33 percent to $550.86 million.
Exports fell 2.61 percent to $540,908. Imports fell 29.35 percent to $550.32 million.
- Trade with No. 3 South Korea rose 13.5 percent to $186.89 million.
Exports totaled $101,754. Imports rose 13.43 percent to $186.79 million.
- Trade with No. 4 Japan rose 8.03 percent to $162.14 million.
Exports rose 65.3 percent to $153,345. Imports rose 7.99 percent to $161.99 million.
- Trade with No. 5 Indonesia rose 21.11 percent to $63.39 million.
Exports rose 140.3 percent to $193,060. Imports rose 20.93 percent to $63.19 million.
Pharr International Bridge in Texas’s top five trading partners through December accounted for 99.03 percent of its trade with the world.
Pharr International Bridge in Texas had trade surpluses with 11 countries and deficits with 77 through December. That compares with 13 surpluses and 81 deficits for the same period one year earlier. The top three surpluses through December of this year were with Morocco, $193,311; Mayotte, $178,323; and Mozambique, $97,781. The top three deficits through December of this year were with Mexico, $8.83 billion; China, $549.78 million; and South Korea, $186.69 million.
Through December 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 36.32 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; Strawberries, blueberries, raspberries, etc.; and Motor vehicle parts, accounting for 30.65 percent of all inbound shipments.
Looking more closely at Pharr International Bridge in Texas’s exports:
- LNG, other petroleum gases fell 10.25 percent compared to last year to $2.48 billion.
- Motor vehicle parts fell 23.7 percent compared to last year to $516.27 million.
- Gasoline, other fuels fell 1.2 percent compared to last year to $456.28 million.
- Electrical supplies, apparatus, less than 1000V rose 7.76 percent compared to last year to $365.33 million.
- Insulated wire, cable fell 0.8 percent compared to last year to $352.41 million.
On the import side:
- TVs, computer monitors fell 14.49 percent compared to last year to $2.31 billion.
- Avocados, dates, figs, pineapples, etc. fell 3.92 percent compared to last year to $1.43 billion.
- Electrical boards, panels and switches fell 14.19 percent compared to last year to $989.64 million.
- Strawberries, blueberries, raspberries, etc. rose 5.07 percent compared to last year to $954.71 million.
- Motor vehicle parts fell 20.31 percent compared to last year to $926.01 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.