|1||Ethyl alcohol||$68.88 M|
|2||Harvesting machinery for poultry||$39.73 M|
|3||Gasoline, other fuels||$37.56 M|
|4||Motor vehicles for transporting people||$16.65 M|
|5||Commercial vehicles||$12.29 M|
|7||Sulfur, not sublimed||$7.07 M|
|9||Self-propelled heavy construction machinery||$6.54 M|
|10||Motor vehicle parts||$6.2 M|
|1||Self-propelled heavy construction machinery||$160.63 M|
|2||Motor vehicles for transporting people||$80.93 M|
|4||Cranes, derricks, industrial-use vehicles||$54.37 M|
|5||Commercial vehicles||$30.88 M|
|6||Nitrogenous fertilizers||$23.11 M|
|7||Ship's derricks, cranes, mobile lifting frames||$22.2 M|
|8||Bananas and plantains, fresh or dried||$20.87 M|
|9||Transmission shafts, bearings, gears||$19.85 M|
|10||Misc. iron or steel structures and parts||$16.5 M|
Port of Galveston, Texas’s trade decreases 2.94 percent through February
Port of Galveston, Texas’s trade with the world fell 2.94 percent, from $952.54 million to $924.5 million 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 Galveston, Texas ranked No. 86 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 Galveston, Texas’s top trade parters were No. 1 Germany, No. 2 Brazil, No. 3 Japan, No. 4 United Kingdom and No. 5 Guatemala . Through the same period of the previous year, the top trade partners were held by Germany, Brazil, Japan, United Kingdom and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Germany rose 29.44 percent to $236.73 million.
Exports fell 80.15 percent to $7.94 million. Imports rose 60.14 percent to $228.78 million.
- Trade with No. 2 Brazil fell 18.1 percent to $148.94 million.
Exports fell 31.67 percent to $76.43 million. Imports rose 3.61 percent to $72.51 million.
- Trade with No. 3 Japan fell 13 percent to $59.77 million.
There were no exports. Imports fell 13 percent to $59.77 million.
- Trade with No. 4 United Kingdom fell 7.91 percent to $51.96 million.
Exports fell 78.9 percent to $1.43 million. Imports rose 1.79 percent to $50.53 million.
- Trade with No. 5 Guatemala fell 1.56 percent to $34.48 million.
Exports rose 8.7 percent to $10.88 million. Imports fell 5.66 percent to $23.6 million.
Port of Galveston, Texas’s top five trading partners through February accounted for 57.53 percent of its trade with the world.
Port of Galveston, Texas had trade surpluses with 45 countries and deficits with 36 through February. That compares with 45 surpluses and 33 deficits for the same period one year earlier. The top three surpluses through February of this year were with Chile, $21.68 million; Peru, $21.34 million; and Nigeria, $19.32 million. The top three deficits through February of this year were with Germany, $220.84 million; Japan, $59.77 million; and United Kingdom, $49.1 million.
Through February it’s top exports were Ethyl alcohol; Harvesting machinery for poultry; Gasoline, other fuels; Motor vehicles for transporting people; and Commercial vehicles, in that order. Those accounted for 61.87 percent of its total outbound trade. The Port’s top imports were Self-propelled heavy construction machinery; Motor vehicles for transporting people; Tractors; Cranes, derricks, industrial-use vehicles; and Commercial vehicles, accounting for 61.32 percent of all inbound shipments.
Looking more closely at Port of Galveston, Texas’s exports:
- Ethyl alcohol fell 31.1 percent compared to last year to $68.88 million.
- Harvesting machinery for poultry rose 40.74 percent compared to last year to $39.73 million.
- Gasoline, other fuels fell 26.54 percent compared to last year to $37.56 million.
- Motor vehicles for transporting people fell 15.26 percent compared to last year to $16.65 million.
- Commercial vehicles fell 42.79 percent compared to last year to $12.29 million.
On the import side:
- Self-propelled heavy construction machinery rose 42.21 percent compared to last year to $160.63 million.
- Motor vehicles for transporting people rose 33.84 percent compared to last year to $80.93 million.
- Tractors rose 17.76 percent compared to last year to $66.52 million.
- Cranes, derricks, industrial-use vehicles rose 65.51 percent compared to last year to $54.37 million.
- Commercial vehicles fell 36.02 percent compared to last year to $30.88 million.
Last year Port of Galveston, Texas posted total trade with the world of $4.03 billion. The Port’s deficit was $1.19 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $1.42 billion and imports came to $2.61 billion.