Port Laredo

Dashboard

Total Trade Compared to the same month a year ago

-2.88%

Compared to last month

2.70%

Total Exports Compared to the same month a year ago

-4.63%

Compared to last month

-1.34%

Total Imports Compared to the same month a year ago

-1.79%

Compared to last month

5.29%

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

1

Rank 2023

1

Port Laredo’s trade down 2.88 percent in March from last March

Trade at Port Laredo for the month of March decreased 2.88 percent from the same month one year ago and was up 2.7 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.

Breaking it down, exports decreased 4.63 percent compared to the same month in the previous year and were down 1.34 percent from the previous month. Imports decreased -1.79 percent compared to the same month in the previous year and grew 5.29 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 2.72 percent

On a year-to-date basis, trade at Port Laredo was valued at $79.91 billion, an increase of 2.72 percent through March.

Exports totaled $31.07 billion, up 2.16 percent while imports were valued at $48.85 billion, up 3.07 percent.

The deficit at Port Laredo was $17.78 billion.

As the chart at top in the middle shows, through March, 38.88 percent of that trade at Port Laredo was an export and 61.12 percent was an import. The national average is 40.17 percent for exports and 59.83 percent for imports for the same 3 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. 35 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 2.77 percent YTD

Port Laredo’s top five trade partners accounted for 98.92 percent of its total trade through March. By way of comparison, the United States' top five trade partners accounted for 50.23 percent.

Top Trading Countries

RankCountryYTD
1Mexico$77.95 B
2China$445.12 M
3France$320.79 M
4Nicaragua$201.93 M
5Japan$132.98 M
6South Korea$123.8 M
7Thailand$114.27 M
8Taiwan$63.83 M
9Malaysia$53.5 M
10Canada$53.01 M

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Mexico rose 2.77 percent to $77.95 billion.
    Exports rose 2.03 percent to $31.02 billion. Imports rose 3.27 percent to $46.93 billion.
  • Trade with No. 2 China rose 6.36 percent to $445.12 million.
    Exports rose 48.11 percent to $30,391. Imports rose 6.36 percent to $445.09 million.
  • Trade with No. 3 France rose 0.99 percent to $320.79 million.
    There were no exports. Imports rose 0.99 percent to $320.79 million.
  • Trade with No. 4 Nicaragua rose 31.03 percent to $201.93 million.
    Exports rose 689582 percent to $34.13 million. Imports rose 8.89 percent to $167.8 million.
  • Trade with No. 5 Japan fell 25.89 percent to $132.98 million.
    Exports rose 53901 percent to $2.55 million. Imports fell 27.31 percent to $130.43 million.
  • Port Laredo had trade surpluses with 15 countries and deficits with 97 through March. That compares with 16 surpluses and 99 deficits for the same period one year earlier. The top three surpluses through March of this year were with Moldova, $2.04 million; Panama, $608,703; and Ecuador, $558,519.The top three deficits through March of this year were with Mexico, $15.92 billion; China, $445.06 million; and France, $320.79 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, Lithuania, Norway, Kenya and Liechtenstein.

    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 decreased 2.65 percent YTD

    Port Laredo’s top five exports accounted for 21.35 percent of all its exports through March. By way of comparison, the United States’ top five exports accounted for 23.28 percent.

    Top Exports

    RankCommodityYTD
    1Motor vehicle parts$3.76 B
    2Gasoline, other fuels$917.02 M
    3Diesel engines$795.21 M
    4Electric storage batteries$581.81 M
    5Passenger vehicles$581.33 M
    6Cell phones, related equipment$483.45 M
    7Motor vehicle engines$404.39 M
    8Corn$402.09 M
    9Civilian aircraft, parts$398.1 M
    10Plastics$396.87 M

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

    • Motor vehicle parts fell 2.65 percent compared to last year to $3.76 billion.
    • Gasoline, other fuels fell 6.79 percent compared to last year to $917.02 million.
    • Diesel engines fell 1.63 percent compared to last year to $795.21 million.
    • Electric storage batteries rose 457.53 percent compared to last year to $581.81 million.
    • Passenger vehicles rose 74.32 percent compared to last year to $581.33 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 Wires, ropes, stranded; Knives, blades; Personal toiletries for shaving, etc.; Nickel waste, scrap; and Non-electric industrial, lab furnaces, ovens, parts.

    At this time a year ago, the top five by tonnage were Rapeseed, colza or mustard oil; Motorboats and yachts; Woven jute fabrics; Other preserved fruits, nuts; and Speedometers and tachometers.

    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 8.25 percent YTD

    Port Laredo’s top five imports accounted for 33.8 percent of all its imports through March. By way of comparison, the United States’ top five imports accounted for 21.84 percent.

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

    • Motor vehicle parts rose 8.25 percent compared to last year to $6.61 billion.
    • Passenger vehicles fell 3.62 percent compared to last year to $3.1 billion.
    • Tractors fell 9.02 percent compared to last year to $2.55 billion.
    • Commercial vehicles rose 36.01 percent compared to last year to $2.45 billion.
    • Computers rose 14.37 percent compared to last year to $1.8 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 Sausages, similar meat products; Time recorders, parking meters; Special yarns, felt; Ice cream and other edible ice; and Hand sieves, riddles.

    At this time a year ago, the top five by tonnage were Rapeseed, colza or mustard oil; Motorboats and yachts; Woven jute fabrics; Other preserved fruits, nuts; and Speedometers and tachometers.

    Port
    Market Share

    By value, Port Laredo was responsible for 6.33 percent of U.S. trade through March, 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.