|1||Petroleum gases, other gaseous hydrocarbons||$1.41 B|
|2||Gasoline, other fuels||$607.58 M|
|3||Motor vehicle parts||$559.9 M|
|4||Computer chips||$447.29 M|
|5||TVs, computer monitors||$443.7 M|
|6||Insulated wire, cable||$285.15 M|
|7||Electrical supplies, apparatus, less than 1000V||$281.88 M|
|8||Plastic boxes, containers||$195.87 M|
|1||TVs, computer monitors||$2.16 B|
|2||Avocados, dates, figs, pineapples, etc.||$1.09 B|
|3||Motor vehicle parts||$982.61 M|
|4||Insulated wire, cable||$887.16 M|
|5||Electrical boards, panels and switches||$865.57 M|
|6||Strawberries, blueberries, raspberries, etc.||$769.86 M|
|7||Laser-based medical equipment, parts||$649.53 M|
|8||Cell phones, related equipment||$604.5 M|
|9||Electric motors, generators, not sets||$535.31 M|
|10||Vehicle audio systems||$493.93 M|
Pharr International Bridge in Texas’s trade increases 5.13 percent through October
Pharr International Bridge in Texas’s trade with the world rose 5.13 percent, from $28.17 billion to $29.61 billion through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Pharr International Bridge in Texas ranked No. 29 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 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; Port Laredo; Chicago O’Hare International Airport; John F. Kennedy International Airport and Port of Newark.
Through October Pharr International Bridge in Texas’s top trade parters 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, Japan, Indonesia and South Korea, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 5.05 percent to $28.41 billion.
Exports rose 6.64 percent to $10.43 billion. Imports rose 4.16 percent to $17.98 billion.
- Trade with No. 2 China fell 2.54 percent to $756.05 million.
Exports rose 4897.24 percent to $2.58 million. Imports fell 2.86 percent to $753.46 million.
- Trade with No. 3 South Korea rose 161.57 percent to $111.14 million.
Exports totaled $1.2 million. Imports rose 158.75 percent to $109.94 million.
- Trade with No. 4 Japan fell 15.33 percent to $76.32 million.
Exports fell 54.23 percent to $49,347. Imports fell 15.29 percent to $76.27 million.
- Trade with No. 5 Indonesia rose 14.69 percent to $59.69 million.
Exports totaled $43,500. Imports rose 14.61 percent to $59.65 million.
Pharr International Bridge in Texas’s top five trading partners through October accounted for 99.33 percent of its trade with the world.
Pharr International Bridge in Texas had trade surpluses with eight countries and deficits with 78 through October. That compares with seven surpluses and 72 deficits for the same period one year earlier. The top three surpluses through October of this year were with Kuwait, $115,000; Saudi Arabia, $91,005; and Australia, $22,818. The top three deficits through October of this year were with Mexico, $7.55 billion; China, $750.88 million; and South Korea, $108.74 million.
Through October it’s top exports were Petroleum gases, other gaseous hydrocarbons; Gasoline, other fuels; Motor vehicle parts; Computer chips; and TVs, computer monitors, in that order. Those accounted for 33.24 percent of its total outbound trade. The Port’s top imports were TVs, computer monitors; Avocados, dates, figs, pineapples, etc.; Motor vehicle parts; Insulated wire, cable; and Electrical boards, panels and switches, accounting for 31.24 percent of all inbound shipments.
Looking more closely at Pharr International Bridge in Texas’s exports:
- Petroleum gases, other gaseous hydrocarbons rose 41.43 percent compared to last year to $1.41 billion.
- Gasoline, other fuels rose 30.33 percent compared to last year to $607.58 million.
- Motor vehicle parts rose 27.76 percent compared to last year to $559.9 million.
- Computer chips rose 1.17 percent compared to last year to $447.29 million.
- TVs, computer monitors fell 17.1 percent compared to last year to $443.7 million.
On the import side:
- TVs, computer monitors rose 2.14 percent compared to last year to $2.16 billion.
- Avocados, dates, figs, pineapples, etc. fell 12.07 percent compared to last year to $1.09 billion.
- Motor vehicle parts rose 10.48 percent compared to last year to $982.61 million.
- Insulated wire, cable rose 19.35 percent compared to last year to $887.16 million.
- Electrical boards, panels and switches rose 21.28 percent compared to last year to $865.57 million.
Last year Pharr International Bridge in Texas posted total trade with the world of $30.68 billion. The Port’s deficit was $9.82 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $10.43 billion and imports came to $20.25 billion.