|1||Computer parts||$842.54 M|
|2||Computer chips||$539.99 M|
|3||Medical instruments||$398.05 M|
|4||Gasoline, other fuels||$378.51 M|
|5||Electrical supplies, apparatus, less than 1000V||$287.32 M|
|6||Insulated wire, cable||$248.26 M|
|7||Motor vehicle parts||$219.31 M|
|8||Parts for electrical supplies||$162.17 M|
|10||Misc. plastic articles||$156.91 M|
|2||Passenger vehicles||$949.04 M|
|3||Insulated wire, cable||$910.26 M|
|4||Medical instruments||$528.94 M|
|5||Motor vehicle parts||$441.28 M|
|6||Commercial vehicles||$363.8 M|
|7||Cell phones, related equipment||$362.45 M|
|8||Seats, excluding barber, dental||$316.32 M|
|9||Internal combustion engines||$286.71 M|
|10||Electrical boards, panels and switches||$219.24 M|
El Paso Border Crossing, Texas’s trade decreases 42.96 percent through May
El Paso Border Crossing, Texas’s trade with the world fell 42.96 percent, from $32.85 billion to $18.74 billion through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
El Paso Border Crossing, Texas ranked No. 15 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
Through May El Paso Border Crossing, Texas’s top trade partners were No. 1 Mexico, No. 2 China, No. 3 Taiwan, No. 4 Malaysia and No. 5 Thailand. Through the same period of the previous year, the top trade partners were held by Mexico, China, Thailand, Taiwan and South Korea, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 42.69 percent to $18.24 billion.
Exports fell 55.25 percent to $8.32 billion. Imports fell 25.05 percent to $9.92 billion.
- Trade with No. 2 China fell 53.93 percent to $264.04 million.
Exports fell 99.93 percent to $375,143. Imports rose 105662 percent to $263.67 million.
- Trade with No. 3 Taiwan fell 59.41 percent to $31.28 million.
Exports fell 99.85 percent to $114,581. Imports rose 11567 percent to $31.16 million.
- Trade with No. 4 Malaysia rose 7.78 percent to $25.47 million.
Exports fell 99.98 percent to $4,394. Imports rose 14293 percent to $25.46 million.
- Trade with No. 5 Thailand fell 72.94 percent to $22.72 million.
There were no exports. Imports rose 57002 percent to $22.72 million.
El Paso Border Crossing, Texas’s top five trading partners through May accounted for 99.18 percent of its trade with the world.
El Paso Border Crossing, Texas had trade surpluses with 15 countries and deficits with 60 through May. That compares with 71 surpluses and 23 deficits for the same period one year earlier. The top three surpluses through May of this year were with Hungary, $9.4 million; Sweden, $104,118; and Cuba, $70,262. The top three deficits through May of this year were with Mexico, $1.6 billion; China, $263.29 million; and Taiwan, $31.05 million.
Through May its top exports were Computer parts; Computer chips; Medical instruments; Gasoline, other fuels; and Electrical supplies, apparatus, less than 1000V, in that order. Those accounted for 29.34 percent of its total outbound trade. The Port’s top imports were Computers; Passenger vehicles; Insulated wire, cable; Medical instruments; and Motor vehicle parts, accounting for 42.64 percent of all inbound shipments.
Looking more closely at El Paso Border Crossing, Texas’s exports:
- Computer parts fell 8.83 percent compared to last year to $842.54 million.
- Computer chips fell 31.08 percent compared to last year to $539.99 million.
- Medical instruments fell 17.23 percent compared to last year to $398.05 million.
- Gasoline, other fuels fell 44.77 percent compared to last year to $378.51 million.
- Electrical supplies, apparatus, less than 1000V fell 41.16 percent compared to last year to $287.32 million.
On the import side:
- Computers fell 45.42 percent compared to last year to $1.61 billion.
- Passenger vehicles fell 55.53 percent compared to last year to $949.04 million.
- Insulated wire, cable fell 50.59 percent compared to last year to $910.26 million.
- Medical instruments fell 49.72 percent compared to last year to $528.94 million.
- Motor vehicle parts fell 44.98 percent compared to last year to $441.28 million.
Last year El Paso Border Crossing, Texas posted total trade with the world of $79.12 billion. The Port’s deficit was $15.52 billion. Exports totaled $31.8 billion and imports came to $47.32 billion.