Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
Current RankAmong U.S. airports, seaports, border crossings
Eagle Pass’s total trade with the world was $2.41 billion in February, a change of 0.70 percent from the same month one year ago. The change in exports was 27.21 percent and the change in imports was -7.85 percent. Eagle Pass ranked No. 31 among U.S. trade partners in February. It had ranked No. 32 for the same month last year.
Eagle Pass’s top three exports by value in February were (1) Gasoline, other fuels, (2) Soybeans, and (3) Corn. Its top three imports, also by value, were (1) Commercial vehicles, (2) Passenger vehicles, and (3) Beer. By tonnage, Eagle Pass’s top three exports were (1) Insulated wire, cable, (2) Gasoline, other fuels, and (3) Misc. medical chemical re-agents. Its top three imports, also by tonnage, were (1) Gasoline, other fuels, (2) Men's or boys' overcoats, and (3) Electric sound or visual signaling equipment.
|1||Gasoline, other fuels||$196.9 million|
|4||Soybean oilcake||$103.1 million|
|6||Misc. iron and steel articles||$69.6 million|
|7||Lactose, caramel, misc. sugars||$52.4 million|
|9||Scrap iron, steel||$40.5 million|
|10||Chemical compounds||$40.1 million|
|1||Commercial vehicles||$1.5 billion|
|3||Passenger vehicles||$443.5 million|
|4||Seats, excluding barber, dental||$98.8 million|
|5||Refrigerators, freezers||$85 million|
|6||Motor vehicle parts||$81.8 million|
|7||Insulated wire, cable||$72.9 million|
|8||Iron and steel springs||$66.7 million|
|9||Men’s or boys’ slacks, suits, not knit||$55 million|
|10||Misc. fermented beverages||$47 million|
Eagle Pass’s trade increases 6.54 percent through February
Eagle Pass’s trade with the world rose 6.54 percent, from $4.68 billion to $4.99 billion through the first two 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 $650.2 billion, with exports at $251.57 billion and imports at $398.62 billion. The nation’s total trade increased 2.25 percent compared to the same period last year. Exports fell 3.68 percent and imports rose 6.38 percent.
Eagle Pass ranked No. 31 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February of 2021. During the same period of 2020 it ranked No. 33. 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 February Eagle Pass’s top trade partners were No. 1 Mexico, No. 2 Canada, No. 3 China, No. 4 Japan and No. 5 Taiwan. Through the same period of the previous year, the top trade partners were held by Mexico, Japan, Thailand, China and Canada, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 6.76 percent to $4.98 billion.
Exports rose 30.72 percent to $1.58 billion. Imports fell 1.65 percent to $3.39 billion.
- Trade with No. 2 Canada rose 60.11 percent to $4.64 million.
There were no exports. Imports rose 60.11 percent to $4.64 million.
- Trade with No. 3 China rose 32.31 percent to $4.27 million.
There were no exports. Imports rose 32.68 percent to $4.27 million.
- Trade with No. 4 Japan fell 80.5 percent to $1.48 million.
There were no exports. Imports fell 80.49 percent to $1.48 million.
- Trade with No. 5 Taiwan fell 1.85 percent to $1.37 million.
There were no exports. Imports fell 1.85 percent to $1.37 million.
Eagle Pass’s top five trading partners through February accounted for 99.95 percent of its trade with the world.
Eagle Pass had trade surpluses with one countries and deficits with 30 through February. That compares with two surpluses and 30 deficits for the same period one year earlier. The top three surpluses through February of this year were with France, $28,698; Hungary, $0; and India, $0. The top three deficits through February of this year were with Mexico, $1.81 billion; Canada, $4.64 million; and China, $4.27 million.
Through February its top exports were Gasoline, other fuels; Soybeans; Corn; Soybean oilcake; and Wheat, in that order. Those accounted for 42.59 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 77.91 percent of all inbound shipments.
Looking more closely at Eagle Pass’s exports:
- Gasoline, other fuels rose 103.85 percent compared to last year to $196.9 million.
- Soybeans rose 20.61 percent compared to last year to $191.86 million.
- Corn rose 69.54 percent compared to last year to $103.17 million.
- Soybean oilcake rose 74.41 percent compared to last year to $103.13 million.
- Wheat rose 51.68 percent compared to last year to $78.84 million.
On the import side:
- Commercial vehicles fell 1.4 percent compared to last year to $1.54 billion.
- Beer rose 1.62 percent compared to last year to $484.18 million.
- Passenger vehicles rose 2.66 percent compared to last year to $443.53 million.
- Seats, excluding barber, dental rose 28.68 percent compared to last year to $98.77 million.
- Refrigerators, freezers rose 73.01 percent compared to last year to $85.03 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.