|1||Gasoline, other fuels||$1.41 B|
|2||LNG, other petroleum gases||$1.4 B|
|3||Acyclic alcohols||$170.13 M|
|4||Petroleum products||$144.35 M|
|5||Cyclic hydrocarbons||$89.55 M|
|6||Sodium or potassium hydroxide or peroxide||$85.37 M|
|7||Halogenated derivatives of hydrocarbons||$75.42 M|
|9||Sulfides, polysulfides||$22.4 M|
|10||Ethers, ether-alcohols, alcohol peroxides etc.||$13.1 M|
|2||Titanium ores, concentrates||$57.78 M|
|3||Misc. engines and motors, parts||$48.09 M|
|4||Misc. aircraft parts||$31.62 M|
|5||Wood, sawed or chipped, greater than 6 meters thic||$15.92 M|
|6||Taps, cocks and valves for pipes, tanks||$15.8 M|
|7||Compressors and pumps||$14.11 M|
|8||Iron and steel containers, more than 300l capacity||$10.68 M|
|9||Misc. aluminum oxides and hydroxides||$8.03 M|
|10||Petroleum products||$5.5 M|
Port of Lake Charles, La.’s trade decreases 44.12 percent through July
Port of Lake Charles, La.’s trade with the world fell 44.12 percent, from $7.86 billion to $4.4 billion through the first seven 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.
Port of Lake Charles, La. ranked No. 72 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 64. It finished No. 64 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; Chicago O’Hare International Airport; John F. Kennedy International Airport; Port Laredo and Port of Newark.
Through July 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, Brazil, Venezuela and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 62.91 percent to $568.37 million.
Exports fell 68.86 percent to $378.53 million. Imports fell 40.09 percent to $189.83 million.
- Trade with No. 2 The Netherlands fell 17.39 percent to $309.49 million.
Exports fell 15.56 percent to $309.49 million. Imports fell 99.97 percent to $2,490.
- Trade with No. 3 Ecuador rose 5.96 percent to $235.65 million.
Exports rose 118.16 percent to $159.59 million. Imports fell 49.03 percent to $76.06 million.
- Trade with No. 4 Japan rose 2.05 percent to $211.73 million.
Exports rose 2.06 percent to $211.73 million. There were no imports.
- Trade with No. 5 Colombia fell 37.53 percent to $201.23 million.
Exports fell 71.83 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 July 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 July. That compares with 51 surpluses and 15 deficits for the same period one year earlier. The top three surpluses through July of this year were with The Netherlands, $309.49 million; Japan, $211.73 million; and Mexico, $188.7 million. The top three deficits through July of this year were with Colombia, $156.3 million; Saudi Arabia, $84.74 million; and South Africa, $36.91 million.
Through July its top exports were Gasoline, other fuels; LNG, other petroleum gases; Acyclic alcohols; Petroleum products; and Cyclic hydrocarbons, in that order. Those accounted for 93.32 percent of its total outbound trade. The Port’s top imports were Oil; Titanium ores, concentrates; Misc. engines and motors, parts; Misc. aircraft parts; and Wood, sawed or chipped, greater than 6 meters thic, accounting for 91.83 percent of all inbound shipments.
Looking more closely at Port of Lake Charles, La.’s exports:
- Gasoline, other fuels fell 26.92 percent compared to last year to $1.41 billion.
- LNG, other petroleum gases fell 52.45 percent compared to last year to $1.4 billion.
- Acyclic alcohols rose 79.53 percent compared to last year to $170.13 million.
- Petroleum products fell 54.15 percent compared to last year to $144.35 million.
- Cyclic hydrocarbons fell 35.03 percent compared to last year to $89.55 million.
On the import side:
- Oil fell 64.28 percent compared to last year to $719.27 million.
- Titanium ores, concentrates fell 34.13 percent compared to last year to $57.78 million.
- Misc. engines and motors, parts rose 2088.37 percent compared to last year to $48.09 million.
- Misc. aircraft parts totaled $31.62 million. The previous year, there were no imports in this category.
- Wood, sawed or chipped, greater than 6 meters thic totaled $15.92 million. The previous year, there were no imports in this category.
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.