|2||Gasoline, other fuels||$1.16 B|
|3||Petroleum gases, other gaseous hydrocarbons||$185.04 M|
|4||Halogenated derivatives of hydrocarbons||$99.6 M|
|5||Cyclic hydrocarbons||$97.22 M|
|6||Misc. machinery for moving, grading||$77.76 M|
|7||Spongy ferrous products, iron 99.94% pure||$70.62 M|
|9||Sodium or potassium hydroxide or peroxide||$39.37 M|
|10||Petroleum products||$34.19 M|
|2||Gasoline, other fuels||$214.69 M|
|3||Misc. iron, steel tubes, pipes||$72.57 M|
|4||Iron ores and concentrates||$47.4 M|
|5||Misc. engines and motors, parts||$16.45 M|
|6||Natural Barium Sulfate; Nat Barium Carbonate 2511||$12.58 M|
|7||Nitrogenous fertilizers||$9.21 M|
|8||Misc. iron or steel structures and parts||$8.24 M|
|9||Wires, ropes, stranded||$7.16 M|
|10||Seamless iron tubes and pipes||$3.79 M|
Port of Corpus Christi, Texas’s trade increases 20.12 percent through February
Port of Corpus Christi, Texas’s trade with the world rose 20.12 percent, from $3.92 billion to $4.7 billion through the first two months of 2019 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.
Port of Corpus Christi, Texas ranked No. 33 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February of 2019.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Port of Corpus Christi, Texas’s top trade parters were No. 1 The Netherlands, No. 2 Mexico, No. 3 South Korea, No. 4 Canada and No. 5 Brazil . Through the same period of the previous year, the top trade partners were held by Mexico, Venezuela, Canada, Taiwan and China, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 The Netherlands rose 671.03 percent to $595.98 million.
Exports rose 668.4 percent to $593.94 million. Imports totaled $2.04 million.
- Trade with No. 2 Mexico rose 20.17 percent to $507.29 million.
Exports rose 30.5 percent to $450.83 million. Imports fell 26.37 percent to $56.46 million.
- Trade with No. 3 South Korea rose 108.23 percent to $308.47 million.
Exports rose 120.07 percent to $302.76 million. Imports fell 45.94 percent to $5.71 million.
- Trade with No. 4 Canada fell 11.96 percent to $300.84 million.
Exports fell 10.9 percent to $296.96 million. Imports fell 53.73 percent to $3.88 million.
- Trade with No. 5 Brazil rose 190 percent to $287.64 million.
Exports rose 199.86 percent to $230.47 million. Imports rose 156.06 percent to $57.17 million.
Port of Corpus Christi, Texas’s top five trading partners through February accounted for 42.53 percent of its trade with the world.
Port of Corpus Christi, Texas had trade surpluses with 41 countries and deficits with 16 through February. That compares with 35 surpluses and 18 deficits for the same period one year earlier. The top three surpluses through February of this year were with The Netherlands, $591.9 million; Mexico, $394.37 million; and South Korea, $297.04 million. The top three deficits through February of this year were with Iraq, $263.87 million; Venezuela, $121.96 million; and Russia, $67.67 million.
Through February it’s top exports were Oil; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Halogenated derivatives of hydrocarbons; and Cyclic hydrocarbons, in that order. Those accounted for 91.62 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 94.94 percent of all inbound shipments.
Looking more closely at Port of Corpus Christi, Texas’s exports:
- Oil rose 46.79 percent compared to last year to $1.88 billion.
- Gasoline, other fuels fell 2.09 percent compared to last year to $1.16 billion.
- Petroleum gases, other gaseous hydrocarbons rose 186.48 percent compared to last year to $185.04 million.
- Halogenated derivatives of hydrocarbons rose 1.11 percent compared to last year to $99.6 million.
- Cyclic hydrocarbons rose 38.01 percent compared to last year to $97.22 million.
On the import side:
- Oil fell 11.57 percent compared to last year to $563.79 million.
- Gasoline, other fuels rose 29.62 percent compared to last year to $214.69 million.
- Misc. iron, steel tubes, pipes rose 178.35 percent compared to last year to $72.57 million.
- Iron ores and concentrates rose 8.16 percent compared to last year to $47.4 million.
- Misc. engines and motors, parts totaled $16.45 million. The previous year, there were no imports in this category.
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, The Netherlands, Iceland, Germany and Norway. Exports totaled $9.97 billion and imports came to $5.3 billion.