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Port of Morgan City, La.

Port of Morgan City, La.’s trade totaled $322.68 million for the month of August, $4.09 billion through August of 2019, and $8.84 billion for all of 2018, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Trading Countries

RankPortYTD
1South Korea$660.13 M
2India$533.61 M
3Mexico$525.9 M
4Iraq$505.37 M
5Kuwait$384.6 M
6China$327.13 M
7Nigeria$185.67 M
8Brazil$134.3 M
9Trinidad and Tobago$112.58 M
10Saudi Arabia$106.04 M

Overall Rank

Port of Morgan City, La.’s trade decreases 30.39 percent through August

Port of Morgan City, La.’s trade with the world fell 30.39 percent, from $5.88 billion to $4.09 billion through the first eight 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 $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.

Port of Morgan City, La. ranked No. 86 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August 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; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.

Through August Port of Morgan City, La.’s top trade partners were No. 1 South Korea, No. 2 India, No. 3 Mexico, No. 4 Iraq and No. 5 Kuwait. Through the same period of the previous year, the top trade partners were held by Iraq, Kuwait, Mexico, China and Saudi Arabia, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 South Korea rose 913469 percent to $660.13 million.
    Exports totaled $659.98 million. Imports rose 108.96 percent to $150,990.
  • Trade with No. 2 India rose 232.53 percent to $533.61 million.
    Exports rose 232.08 percent to $532.89 million. Imports totaled $719,489.
  • Trade with No. 3 Mexico rose 8.1 percent to $525.9 million.
    Exports rose 919.68 percent to $103.82 million. Imports fell 11.38 percent to $422.08 million.
  • Trade with No. 4 Iraq fell 82.42 percent to $505.37 million.
    There were no exports. Imports fell 82.42 percent to $505.37 million.
  • Trade with No. 5 Kuwait fell 28.3 percent to $384.6 million.
    There were no exports. Imports fell 28.3 percent to $384.6 million.

Port of Morgan City, La.’s top five trading partners through August accounted for 63.78 percent of its trade with the world.

Port of Morgan City, La. had trade surpluses with 30 countries and deficits with 35 through August. That compares with 28 surpluses and 44 deficits for the same period one year earlier. The top three surpluses through August of this year were with South Korea, $659.82 million; India, $532.17 million; and China, $271.1 million. The top three deficits through August of this year were with Iraq, $505.37 million; Kuwait, $384.6 million; and Mexico, $318.25 million.

Through August its top exports were Oil; Floating or submersible docks, platforms; Vessels For the Transport of Persons or Goods 8901; Parts for heavy machinery; and Misc. vessels, including warships, lifeboats, in that order. Those accounted for 94.85 percent of its total outbound trade. The Port’s top imports were Oil; Misc. iron, steel tubes, pipes; Machinery for heating and sterilizing; Parts for heavy machinery; and Electric storage batteries, accounting for 92.82 percent of all inbound shipments.

Looking more closely at Port of Morgan City, La.’s exports:

  • Oil rose 227.14 percent compared to last year to $1.68 billion.
  • Floating or submersible docks, platforms rose 79470 percent compared to last year to $91.51 million.
  • Vessels For the Transport of Persons or Goods 8901 rose 594.47 percent compared to last year to $78.82 million.
  • Parts for heavy machinery fell 39.21 percent compared to last year to $53.36 million.
  • Misc. vessels, including warships, lifeboats rose 267.87 percent compared to last year to $15.56 million.

On the import side:

  • Oil fell 63.78 percent compared to last year to $1.74 billion.
  • Misc. iron, steel tubes, pipes rose 2798.42 percent compared to last year to $66.32 million.
  • Machinery for heating and sterilizing rose 32321 percent compared to last year to $45.05 million.
  • Parts for heavy machinery rose 17400 percent compared to last year to $42.68 million.
  • Electric storage batteries rose 97900 percent compared to last year to $34.05 million.

Last year Port of Morgan City, La. posted total trade with the world of $8.84 billion. The Port’s deficit was $4.65 billion. At the end of the year, the port’s top five trade partners were Iraq, Mexico, Kuwait, India and China. Exports totaled $2.09 billion and imports came to $6.75 billion.