|1||Gasoline, other fuels||$1.15 B|
|3||Petroleum products||$149.64 M|
|4||Cyclic hydrocarbons||$23.25 M|
|5||Fuel wood in logs, chips||$22.79 M|
|6||Acyclic alcohols||$17.74 M|
|7||Misc. uncoated kraft paper, paperboard||$10.58 M|
|8||LNG, other petroleum gases||$9.5 M|
|9||Sand-blasting, other liquid-dispersing equipment||$10,064|
|10||Ceramic Pipes, Conduits, Guttering a Pipe Fit 6906||$0|
|2||Gasoline, other fuels||$212.58 M|
|3||Aluminum, unwrought||$40.89 M|
|4||Chemical wood pulp, not dissolving grade||$37.29 M|
|5||Machinery for heating and sterilizing||$13.3 M|
|6||Ethers, ether-alcohols, alcohol peroxides etc.||$12.25 M|
|7||Wood, sawed or chipped, greater than 6 meters thic||$11.93 M|
|8||Petroleum products||$7.43 M|
|9||Pebbles, gravel||$5.04 M|
|10||Aluminum Wire 7605||$4.58 M|
Port of Port Arthur, Texas’s trade decreases 52.94 percent through May
Port of Port Arthur, Texas’s trade with the world fell 52.94 percent, from $8.87 billion to $4.18 billion through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Port of Port Arthur, Texas ranked No. 49 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May 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 May Port of Port Arthur, Texas’s top trade partners were No. 1 Canada, No. 2 Saudi Arabia, No. 3 Mexico, No. 4 Russia and No. 5 Brazil. Through the same period of the previous year, the top trade partners were held by Canada, Mexico, Saudi Arabia, Colombia and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 59.95 percent to $991.72 million.
Exports fell 43.77 percent to $559.94 million. Imports fell 70.83 percent to $431.78 million.
- Trade with No. 2 Saudi Arabia fell 26.69 percent to $757.95 million.
There were no exports. Imports totaled $757.95 million.
- Trade with No. 3 Mexico fell 39.8 percent to $696.81 million.
Exports fell 88.81 percent to $85.39 million. Imports rose 54.91 percent to $611.41 million.
- Trade with No. 4 Russia fell 35.78 percent to $255.13 million.
There were no exports. Imports totaled $255.13 million.
- Trade with No. 5 Brazil fell 50.59 percent to $237.26 million.
Exports rose 23.03 percent to $185.01 million. Imports fell 84.16 percent to $52.25 million.
Port of Port Arthur, Texas’s top five trading partners through May accounted for 70.37 percent of its trade with the world.
Port of Port Arthur, Texas had trade surpluses with 41 countries and deficits with 16 through May. That compares with 20 surpluses and 44 deficits for the same period one year earlier. The top three surpluses through May of this year were with Chile, $226.49 million; Colombia, $185.15 million; and Brazil, $132.75 million. The top three deficits through May of this year were with Saudi Arabia, $757.95 million; Mexico, $526.02 million; and Russia, $255.13 million.
Through May its top exports were Gasoline, other fuels; Oil; Petroleum products; Cyclic hydrocarbons; and Fuel wood in logs, chips, in that order. Those accounted for 97.98 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Aluminum, unwrought; Chemical wood pulp, not dissolving grade; and Machinery for heating and sterilizing, accounting for 97.57 percent of all inbound shipments.
Looking more closely at Port of Port Arthur, Texas’s exports:
- Gasoline, other fuels fell 43.71 percent compared to last year to $1.15 billion.
- Oil fell 76.13 percent compared to last year to $492.14 million.
- Petroleum products fell 32.54 percent compared to last year to $149.64 million.
- Cyclic hydrocarbons fell 58.92 percent compared to last year to $23.25 million.
- Fuel wood in logs, chips rose 230.81 percent compared to last year to $22.79 million.
On the import side:
- Oil fell 48.27 percent compared to last year to $1.94 billion.
- Gasoline, other fuels fell 42.8 percent compared to last year to $212.58 million.
- Aluminum, unwrought fell 18.52 percent compared to last year to $40.89 million.
- Chemical wood pulp, not dissolving grade fell 49.16 percent compared to last year to $37.29 million.
- Machinery for heating and sterilizing fell 45.13 percent compared to last year to $13.3 million.
Last year Port of Port Arthur, Texas posted total trade with the world of $18.31 billion. The Port’s deficit was $148.06 million. Exports totaled $9.08 billion and imports came to $9.23 billion.