Port Laredo

Dashboard

Total Trade Compared to the same month a year ago

10.32%

Compared to last month

7.59%

Total Exports Compared to the same month a year ago

8.83%

Compared to last month

4.48%

Total Imports Compared to the same month a year ago

11.29%

Compared to last month

9.68%

Current RankAmong U.S. airports, seaports, border crossings

1

Rank 2023

1

Port Laredo’s trade up 10.32 percent in February from last February

Trade at Port Laredo for the month of February increased 10.32 percent from the same month one year ago and was up 7.59 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.

Breaking it down, exports increased 8.83 percent compared to the same month in the previous year and were up 4.48 percent from the previous month. Imports increased 11.29 percent compared to the same month in the previous year and grew 9.68 percent when compared to the previous month.

Port Laredo Trade Same Month, Year over Year

Trade Snapshot

Year-to-date, Port Laredo’s trade up 5.96 percent

On a year-to-date basis, trade at Port Laredo was valued at $52.15 billion, an increase of 5.96 percent through February.

Exports totaled $20.66 billion, up 5.96 percent while imports were valued at $31.5 billion, up 5.97 percent.

The deficit at Port Laredo was $10.84 billion.

As the chart at top in the middle shows, through February, 39.6 percent of that trade at Port Laredo was an export and 60.4 percent was an import. The national average is 39.79 percent for exports and 60.21 percent for imports for the same 2 months of the year. Port Laredo ranked No. 1 by value among all of the nation’s 450-plus airports, seaports and border crossings. Ranking it just against other border crossings, it ranked No. 1 by value and No. 1 by tonnage.

Port Laredo Month-by-Month View

Here you can see the totals for exports and imports for each of the last 12 months. You can scroll over any month’s exports or imports to see the total. You can also expand or shrink the timeline to see more or fewer months.

Trade Partners
Market Share

Port Laredo World Map

EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

Port Laredo’s trade with top trade partner Mexico has increased 6.01 percent YTD

Port Laredo’s top five trade partners accounted for 98.98 percent of its total trade through February. By way of comparison, the United States' top five trade partners accounted for 50.73 percent.

Top Trading Countries

RankCountryYTD
1Mexico$50.9 B
2China$293.78 M
3France$214.7 M
4Nicaragua$130.52 M
5Japan$86.95 M
6South Korea$82.69 M
7Thailand$63.05 M
8Canada$40.76 M
9Taiwan$37.51 M
10Malaysia$33.9 M

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Mexico rose 6.01 percent to $50.9 billion.
    Exports rose 5.82 percent to $20.62 billion. Imports rose 6.14 percent to $30.27 billion.
  • Trade with No. 2 China rose 14.33 percent to $293.78 million.
    Exports totaled $30,391. Imports rose 14.31 percent to $293.75 million.
  • Trade with No. 3 France rose 0.42 percent to $214.7 million.
    There were no exports. Imports rose 0.42 percent to $214.7 million.
  • Trade with No. 4 Nicaragua rose 31.46 percent to $130.52 million.
    Exports totaled $22.37 million. Imports rose 8.93 percent to $108.15 million.
  • Trade with No. 5 Japan fell 20.18 percent to $86.95 million.
    Exports totaled $1.58 million. Imports fell 21.63 percent to $85.37 million.
  • Port Laredo had trade surpluses with 13 countries and deficits with 92 through February. That compares with 11 surpluses and 92 deficits for the same period one year earlier. The top three surpluses through February of this year were with Moldova, $2.04 million; Ecuador, $558,519; and Panama, $459,369.The top three deficits through February of this year were with Mexico, $9.65 billion; China, $293.72 million; and France, $214.7 million.

    At this time a year ago, the top five trade partners were Mexico, China, France, Nicaragua and Japan.

    By tonnage, the top five trade partners year-to-date are Mexico, Bangladesh, Marshall Islands, Chile and Kenya.

    At this time a year ago, the top five by tonnage were Mexico, Latvia, Moldova, Nigeria and Oman.

    Exports
    Market Share

    EXPORT to Excel:
    By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

    The most valuable Port Laredo export, Motor vehicle parts, has increased 3.04 percent YTD

    Port Laredo’s top five exports accounted for 21.02 percent of all its exports through February. By way of comparison, the United States’ top five exports accounted for 23.23 percent.

    Top Exports

    RankCommodityYTD
    1Motor vehicle parts$2.54 B
    2Gasoline, other fuels$584.65 M
    3Diesel engines$521.38 M
    4Passenger vehicles$366.1 M
    5Cell phones, related equipment$325.43 M
    6Electric storage batteries$309.41 M
    7Motor vehicle engines$277.53 M
    8Corn$275.37 M
    9Civilian aircraft, parts$272.05 M
    10Plastics$256.93 M

    Here’s a closer look at the top five, by value:

    • Motor vehicle parts rose 3.04 percent compared to last year to $2.54 billion.
    • Gasoline, other fuels fell 10.03 percent compared to last year to $584.65 million.
    • Diesel engines fell 0.64 percent compared to last year to $521.38 million.
    • Passenger vehicles rose 80.55 percent compared to last year to $366.1 million.
    • Cell phones, related equipment rose 19.73 percent compared to last year to $325.43 million.

    At this time a year ago, the top five exports were Motor vehicle parts; Gasoline, other fuels; Diesel engines; Passenger vehicles; and Cell phones, related equipment.

    By tonnage the top five exports year-to-date are Worked ivory, other animal materials; Used, new rags, scrap twine, etc.; Sublimed sulfur; Ceramic building block, flooring blocks; and Carbonates.

    At this time a year ago, the top five by tonnage were Cameras, flashes; Women's or girls' overcoats, knit or crochet; Misc. ash and slag; Time switches; and Misc. garment accessories.

    Imports
    Market Share

    EXPORT to Excel:
    By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

    The most valuable Port Laredo import, Motor vehicle parts, has increased 10.11 percent YTD

    Port Laredo’s top five imports accounted for 33.45 percent of all its imports through February. By way of comparison, the United States’ top five imports accounted for 21.87 percent.

    Here’s a closer look at the top five, by value:

    • Motor vehicle parts rose 10.11 percent compared to last year to $4.23 billion.
    • Passenger vehicles fell 2.27 percent compared to last year to $1.93 billion.
    • Commercial vehicles rose 37.5 percent compared to last year to $1.63 billion.
    • Tractors fell 6.25 percent compared to last year to $1.6 billion.
    • Computers rose 27.44 percent compared to last year to $1.15 billion.

    At this time a year ago, the top five imports were Motor vehicle parts; Passenger vehicles; Tractors; Commercial vehicles; and Computers.

    By tonnage the top five imports year-to-date are Containers for compressed gas; Hand-operated mechanical appliances; Artists colors in tubes, tablets, etc.; Nickel; and Furnace burners, parts.

    At this time a year ago, the top five by tonnage were Cameras, flashes; Women's or girls' overcoats, knit or crochet; Misc. ash and slag; Time switches; and Misc. garment accessories.

    Port
    Market Share

    By value, Port Laredo was responsible for 6.33 percent of U.S. trade through February, ranking No. 1 among all ports and No. 1 among all border crossings.

    Last year Port Laredo, posted total trade with the world of $319.91 billion. The Port’s deficit was $73.54 billion. Exports totaled $123.18 billion and imports came to $196.73 billion.