|1||LNG, other petroleum gases||$1.4 B|
|2||Motor vehicle parts||$278.65 M|
|3||Electrical supplies, apparatus, less than 1000V||$211.04 M|
|4||Insulated wire, cable||$204.56 M|
|5||Gasoline, other fuels||$194.57 M|
|6||TVs, computer monitors||$170.57 M|
|7||Computer chips||$155.59 M|
|8||Pork meat, fresh, frozen or chilled||$134.29 M|
|9||Compressors and pumps||$116.7 M|
|10||Electric ignition equipment||$115.85 M|
|1||TVs, computer monitors||$1.07 B|
|2||Avocados, dates, figs, pineapples, etc.||$942.38 M|
|3||Strawberries, blueberries, raspberries, etc.||$575.96 M|
|4||Medical instruments||$514.7 M|
|5||Electrical boards, panels and switches||$499.14 M|
|6||Motor vehicle parts||$470.87 M|
|7||Insulated wire, cable||$425.2 M|
|8||Electric motors, generators, not sets||$357.02 M|
|9||Tomatoes, fresh or chilled||$325.9 M|
|10||Cell phones, related equipment||$294.51 M|
PHARR INTERNATIONAL BRIDGE IN TEXAS’S TRADE DECREASES 15.77 PERCENT THROUGH JULY
Pharr International Bridge in Texas’s trade with the world fell 15.77 percent, from $21.41 billion to $18.04 billion through the first seven 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.
Pharr International Bridge in Texas ranked No. 31 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July 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 July 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 27.82 percent to $14.81 billion.
Exports fell 26.7 percent to $5.46 billion. Imports fell 28.45 percent to $9.35 billion.
- Trade with No. 2 China fell 38.56 percent to $319.65 million.
Exports fell 69.08 percent to $125,666. Imports fell 38.54 percent to $319.52 million.
- Trade with No. 3 South Korea fell 14.12 percent to $90.7 million.
Exports totaled $43,884. Imports fell 14.16 percent to $90.65 million.
- Trade with No. 4 Japan fell 14.29 percent to $69.54 million.
Exports fell 63.82 percent to $23,781. Imports fell 14.25 percent to $69.52 million.
- Trade with No. 5 Indonesia rose 18.02 percent to $50.22 million.
There were no exports. Imports rose 18.04 percent to $50.22 million.
Pharr International Bridge in Texas’s top five trading partners through July accounted for 99.04 percent of its trade with the world.
Pharr International Bridge in Texas had trade surpluses with four countries and deficits with 71 through July. That compares with 11 surpluses and 72 deficits for the same period one year earlier. The top three surpluses through July of this year were with Morocco, $205,728; Mayotte, $159,951; and Peru, $15,925. The top three deficits through July of this year were with Mexico, $3.89 billion; China, $319.4 million; and South Korea, $90.61 million.
Through July its top exports were LNG, other petroleum gases; Motor vehicle parts; Electrical supplies, apparatus, less than 1000V; Insulated wire, cable; and Gasoline, other fuels, in that order. Those accounted for 36.21 percent of its total outbound trade. The Port’s top imports were TVs, computer monitors; Avocados, dates, figs, pineapples, etc.; Strawberries, blueberries, raspberries, etc.; Medical instruments; and Electrical boards, panels and switches, accounting for 30.79 percent of all inbound shipments.
Looking more closely at Pharr International Bridge in Texas’s exports:
- LNG, other petroleum gases fell 1.29 percent compared to last year to $1.4 billion.
- Motor vehicle parts fell 30.97 percent compared to last year to $278.65 million.
- Electrical supplies, apparatus, less than 1000V rose 4.67 percent compared to last year to $211.04 million.
- Insulated wire, cable fell 2.31 percent compared to last year to $204.56 million.
- Gasoline, other fuels fell 20.1 percent compared to last year to $194.57 million.
On the import side:
- TVs, computer monitors fell 27.87 percent compared to last year to $1.07 billion.
- Avocados, dates, figs, pineapples, etc. fell 1.18 percent compared to last year to $942.38 million.
- Strawberries, blueberries, raspberries, etc. fell 4.53 percent compared to last year to $575.96 million.
- Medical instruments fell 17.49 percent compared to last year to $514.7 million.
- Electrical boards, panels and switches fell 27.24 percent compared to last year to $499.14 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.