|1||Gasoline, other fuels||$1.24 B|
|2||LNG, other petroleum gases||$1.19 B|
|3||Acyclic alcohols||$146.25 M|
|4||Petroleum products||$134.78 M|
|5||Cyclic hydrocarbons||$83.08 M|
|6||Sodium or potassium hydroxide or peroxide||$78.58 M|
|7||Halogenated derivatives of hydrocarbons||$71.57 M|
|8||Sulfides, polysulfides||$21.17 M|
|10||Ethers, ether-alcohols, alcohol peroxides etc.||$12.05 M|
|2||Titanium Ores and Concentrates 2614||$57.69 M|
|3||Misc. engines and motors, parts||$35.71 M|
|4||Misc. aircraft parts||$30.49 M|
|5||Taps, cocks and valves for pipes, tanks||$15.22 M|
|6||Wood, sawed or chipped, greater than 6 meters thic||$13.95 M|
|7||Iron and steel containers, more than 300l capacity||$9.28 M|
|8||Misc. aluminum oxides and hydroxides||$8.03 M|
|9||Petroleum products||$5.5 M|
|10||Natural barium sulfate, carbonate||$4.76 M|
Port of Lake Charles, La.’s trade decreases 43.31 percent through June
Port of Lake Charles, La.’s trade with the world fell 43.31 percent, from $6.79 billion to $3.85 billion through the first six months of 2020 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.
Port of Lake Charles, La. ranked No. 64 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June of 2020.
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; Port of Newark and John F. Kennedy International Airport.
Through June Port of Lake Charles, La.’s top trade partners were No. 1 Mexico, No. 2 The Netherlands, No. 3 Ecuador, No. 4 Japan and No. 5 Colombia. Through the same period of the previous year, the top trade partners were held by Mexico, South Korea, Venezuela, Brazil and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 57.34 percent to $568.37 million.
Exports fell 63.77 percent to $378.53 million. Imports fell 33.98 percent to $189.83 million.
- Trade with No. 2 The Netherlands fell 6.98 percent to $309.49 million.
Exports fell 4.66 percent to $309.49 million. Imports fell 99.97 percent to $2,490.
- Trade with No. 3 Ecuador rose 60.28 percent to $235.65 million.
Exports rose 220.76 percent to $159.59 million. Imports fell 21.8 percent to $76.06 million.
- Trade with No. 4 Japan rose 78.64 percent to $211.73 million.
Exports rose 78.67 percent to $211.73 million. There were no imports.
- Trade with No. 5 Colombia fell 35.58 percent to $201.23 million.
Exports fell 67.91 percent to $22.47 million. Imports fell 26.25 percent to $178.77 million.
Port of Lake Charles, La.’s top five trading partners through June accounted for 39.63 percent of its trade with the world.
Port of Lake Charles, La. had trade surpluses with 47 countries and deficits with 14 through June. That compares with 50 surpluses and 14 deficits for the same period one year earlier. The top three surpluses through June of this year were with The Netherlands, $309.49 million; Japan, $211.73 million; and Mexico, $188.7 million. The top three deficits through June of this year were with Colombia, $156.3 million; Saudi Arabia, $84.74 million; and South Africa, $36.91 million.
Through June its top exports were Gasoline, other fuels; LNG, other petroleum gases; Acyclic alcohols; Petroleum products; and Cyclic hydrocarbons, in that order. Those accounted for 93.05 percent of its total outbound trade. The Port’s top imports were Oil; Titanium Ores and Concentrates 2614; Misc. engines and motors, parts; Misc. aircraft parts; and Taps, cocks and valves for pipes, tanks, accounting for 92.58 percent of all inbound shipments.
Looking more closely at Port of Lake Charles, La.’s exports:
- Gasoline, other fuels fell 26.28 percent compared to last year to $1.24 billion.
- LNG, other petroleum gases fell 52.91 percent compared to last year to $1.19 billion.
- Acyclic alcohols rose 121.59 percent compared to last year to $146.25 million.
- Petroleum products fell 47.82 percent compared to last year to $134.78 million.
- Cyclic hydrocarbons fell 22.96 percent compared to last year to $83.08 million.
On the import side:
- Oil fell 64.01 percent compared to last year to $653.18 million.
- Titanium Ores and Concentrates 2614 fell 26.39 percent compared to last year to $57.69 million.
- Misc. engines and motors, parts rose 1524.87 percent compared to last year to $35.71 million.
- Misc. aircraft parts totaled $30.49 million. The previous year, there were no imports in this category.
- Taps, cocks and valves for pipes, tanks rose 152119 percent compared to last year to $15.22 million.
Last year Port of Lake Charles, La. posted total trade with the world of $12 billion. The Port’s surplus was $5.81 billion. Exports totaled $8.91 billion and imports came to $3.1 billion.