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Port of Morgan City, La.

Port of Morgan City, La.’s trade totaled $437.26 million for the month of February, $925.55 million through February 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
1Iraq$306.63 M
2South Korea$217.99 M
3Mexico$111.38 M
4Saudi Arabia$106.04 M
5Kuwait$51.6 M
6Colombia$28 M
7Liberia$21.62 M
8Singapore$17.62 M
9Trinidad and Tobago$13.95 M
10Argentina$13.73 M

Overall Rank

Port of Morgan City, La.’s trade decreases 51.74 percent through February

Port of Morgan City, La.’s trade with the world fell 51.74 percent, from $1.92 billion to $925.55 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 Morgan City, La. ranked No. 85 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 Morgan City, La.’s top trade parters were No. 1 Iraq, No. 2 South Korea, No. 3 Mexico, No. 4 Saudi Arabia and No. 5 Kuwait . Through the same period of the previous year, the top trade partners were held by Iraq, Mexico, Kuwait, China and Brazil, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Iraq fell 66.57 percent to $306.63 million.
    There were no exports. Imports fell 66.57 percent to $306.63 million.
  • Trade with No. 2 South Korea rose 2305957 percent to $217.99 million.
    Exports totaled $217.99 million. There were no imports.
  • Trade with No. 3 Mexico fell 66.87 percent to $111.38 million.
    Exports rose 1871.15 percent to $20.49 million. Imports fell 72.88 percent to $90.89 million.
  • Trade with No. 4 Saudi Arabia totaled $106.04 million.
    There were no exports. Imports totaled $106.04 million.
  • Trade with No. 5 Kuwait fell 79.63 percent to $51.6 million.
    There were no exports. Imports fell 79.63 percent to $51.6 million.

Port of Morgan City, La.’s top five trading partners through February accounted for 85.75 percent of its trade with the world.

Port of Morgan City, La. had trade surpluses with 15 countries and deficits with 25 through February. That compares with 19 surpluses and 27 deficits for the same period one year earlier. The top three surpluses through February of this year were with South Korea, $217.99 million; Liberia, $21.62 million; and Singapore, $17.61 million. The top three deficits through February of this year were with Iraq, $306.63 million; Saudi Arabia, $106.04 million; and Mexico, $70.4 million.

Through February it’s top exports were Oil; Parts for heavy machinery; Misc. vessels, including warships, lifeboats; Taps, cocks and valves for pipes, tanks; and Misc. iron or steel structures and parts, in that order. Those accounted for 88.82 percent of its total outbound trade. The Port’s top imports were Oil; Misc. iron, steel tubes, pipes; Machinery for heating and sterilizing; Gasoline, other fuels; and Value added to a returned import, accounting for 97.52 percent of all inbound shipments.

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

  • Oil rose 69.88 percent compared to last year to $217.99 million.
  • Parts for heavy machinery rose 31.73 percent compared to last year to $23.59 million.
  • Misc. vessels, including warships, lifeboats rose 65315 percent compared to last year to $11.71 million.
  • Taps, cocks and valves for pipes, tanks rose 170.77 percent compared to last year to $7.95 million.
  • Misc. iron or steel structures and parts rose 1662.52 percent compared to last year to $7.86 million.

On the import side:

  • Oil fell 65.99 percent compared to last year to $564.67 million.
  • Misc. iron, steel tubes, pipes totaled $14.84 million. The previous year, there were no imports in this category.
  • Machinery for heating and sterilizing rose 123288 percent compared to last year to $11.66 million.
  • Gasoline, other fuels fell 62.72 percent compared to last year to $11.45 million.
  • Value added to a returned import fell 28.51 percent compared to last year to $4.5 million.

Last year Port of Morgan City, La. posted total trade with the world of $7.96 billion. The Port’s deficit was $7 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $479.68 million and imports came to $7.48 billion.