|2||Gasoline, other fuels||$6.73 B|
|3||Halogenated derivatives of hydrocarbons||$502.14 M|
|4||Cyclic hydrocarbons||$462.95 M|
|5||Petroleum gases, other gaseous hydrocarbons||$332.41 M|
|6||Grain sorghum||$305.84 M|
|7||Sodium or potassium hydroxide or peroxide||$265.28 M|
|8||Spongy ferrous products, iron 99.94% pure||$255.64 M|
|9||Floating or submersible docks, platforms||$170 M|
|2||Gasoline, other fuels||$1.55 B|
|3||Misc. iron, steel tubes, pipes||$197.89 M|
|4||Iron ores and concentrates||$170.02 M|
|5||Misc. engines and motors, parts||$135.58 M|
|6||Centrifuges, filters, machines and parts||$65.18 M|
|7||Electric motor, generator parts||$48.6 M|
|8||Natural Barium Sulfate; Nat Barium Carbonate 2511||$31.35 M|
|9||Cyclic hydrocarbons||$30.05 M|
|10||Nitrogenous fertilizers||$29.94 M|
Port of Corpus Christi, Texas’s trade increases 33.03 percent through October
Port of Corpus Christi, Texas’s trade with the world rose 33.03 percent, from $18.29 billion to $24.33 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.
Port of Corpus Christi, Texas ranked No. 34 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. 43. It finished No. 41 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 Port of Corpus Christi, Texas’s top trade parters were No. 1 Mexico, No. 2 Venezuela, No. 3 Taiwan, No. 4 Colombia and No. 5 South Korea . Through the same period of the previous year, the top trade partners were held by Mexico, China, Venezuela, United Kingdom and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 17.98 percent to $2.64 billion.
Exports rose 0.31 percent to $2.14 billion. Imports rose 365.97 percent to $504.74 million.
- Trade with No. 2 Venezuela rose 42.26 percent to $1.89 billion.
Exports rose 116.03 percent to $729.16 million. Imports rose 17.15 percent to $1.16 billion.
- Trade with No. 3 Taiwan rose 2050.19 percent to $1.47 billion.
Exports rose 2038.93 percent to $1.46 billion. Imports totaled $7.67 million.
- Trade with No. 4 Colombia rose 45.09 percent to $1.3 billion.
Exports rose 39.36 percent to $1.19 billion. Imports rose 169.16 percent to $106.2 million.
- Trade with No. 5 South Korea rose 66.12 percent to $1.3 billion.
Exports rose 219.08 percent to $1.27 billion. Imports fell 92.83 percent to $27.43 million.
Port of Corpus Christi, Texas’s top five trading partners through October accounted for 35.32 percent of its trade with the world.
Port of Corpus Christi, Texas had trade surpluses with 62 countries and deficits with 25 through October. That compares with 53 surpluses and 35 deficits for the same period one year earlier. The top three surpluses through October of this year were with Mexico, $1.64 billion; Taiwan, $1.45 billion; and South Korea, $1.24 billion. The top three deficits through October of this year were with Iraq, $1.15 billion; Russia, $566.05 million; and Venezuela, $433.05 million.
Through October it’s top exports were Oil; Gasoline, other fuels; Halogenated derivatives of hydrocarbons; Cyclic hydrocarbons; and Petroleum gases, other gaseous hydrocarbons, in that order. Those accounted for 92.58 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Misc. iron, steel tubes, pipes; Iron ores and concentrates; and Misc. engines and motors, parts, accounting for 94.81 percent of all inbound shipments.
Looking more closely at Port of Corpus Christi, Texas’s exports:
- Oil rose 96.96 percent compared to last year to $8.9 billion.
- Gasoline, other fuels rose 24.52 percent compared to last year to $6.73 billion.
- Halogenated derivatives of hydrocarbons rose 2.13 percent compared to last year to $502.14 million.
- Cyclic hydrocarbons rose 43.55 percent compared to last year to $462.95 million.
- Petroleum gases, other gaseous hydrocarbons rose 73.34 percent compared to last year to $332.41 million.
On the import side:
- Oil rose 8.49 percent compared to last year to $3.68 billion.
- Gasoline, other fuels rose 41.43 percent compared to last year to $1.55 billion.
- Misc. iron, steel tubes, pipes rose 99.67 percent compared to last year to $197.89 million.
- Iron ores and concentrates fell 15.78 percent compared to last year to $170.02 million.
- Misc. engines and motors, parts rose 2.26 percent compared to last year to $135.58 million.
Last year Port of Corpus Christi, Texas posted total trade with the world of $15.27 billion. The Port’s surplus was $4.67 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $9.97 billion and imports came to $5.3 billion.