|1||Gasoline, other fuels||$837.03 M|
|3||Petroleum products||$113.03 M|
|5||Cyclic hydrocarbons||$26.98 M|
|6||Acyclic alcohols||$18.88 M|
|7||Misc. uncoated kraft paper, paperboard||$4.94 M|
|8||Parts for heavy machinery||$16,200|
|9||Rubber conveyor or transmission belts||$0|
|10||Screws, nuts, bolts, washers||$0|
|2||Gasoline, other fuels||$66.12 M|
|3||Chemical wood pulp, not dissolving grade||$41.33 M|
|4||Aluminum, unwrought||$24.89 M|
|5||Value added to a returned import||$10.07 M|
|6||Acyclic hydrocarbons||$5.72 M|
|7||Petroleum products||$3.21 M|
|8||Steel ingots||$3.03 M|
|9||Semifinished products of Iron, nonalloy steel||$3.01 M|
|10||Iron and steel containers, more than 300l capacity||$2.97 M|
Port of Port Arthur, Texas’s trade increases 9.17 percent through February
Port of Port Arthur, Texas’s trade with the world rose 9.17 percent, from $2.72 billion to $2.97 billion 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 Port Arthur, Texas ranked No. 49 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 Port Arthur, Texas’s top trade parters were No. 1 Canada, No. 2 Iraq, No. 3 Mexico, No. 4 Colombia and No. 5 Brazil . Through the same period of the previous year, the top trade partners were held by Saudi Arabia, Canada, Mexico, Venezuela and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 27.03 percent to $796.62 million.
Exports rose 43.3 percent to $460.12 million. Imports rose 9.96 percent to $336.5 million.
- Trade with No. 2 Iraq rose 414.6 percent to $353.39 million.
There were no exports. Imports rose 414.6 percent to $353.39 million.
- Trade with No. 3 Mexico fell 23.16 percent to $293.66 million.
Exports rose 3.92 percent to $137.33 million. Imports fell 37.48 percent to $156.32 million.
- Trade with No. 4 Colombia rose 542.48 percent to $250.42 million.
Exports rose 523.78 percent to $206.1 million. Imports rose 646.58 percent to $44.32 million.
- Trade with No. 5 Brazil rose 58.56 percent to $194.21 million.
Exports rose 124.16 percent to $145.03 million. Imports fell 14.89 percent to $49.18 million.
Port of Port Arthur, Texas’s top five trading partners through February accounted for 63.62 percent of its trade with the world.
Port of Port Arthur, Texas had trade surpluses with 31 countries and deficits with 13 through February. That compares with 28 surpluses and 17 deficits for the same period one year earlier. The top three surpluses through February of this year were with Colombia, $161.78 million; Canada, $123.63 million; and Brazil, $95.85 million. The top three deficits through February of this year were with Iraq, $353.39 million; Venezuela, $132.2 million; and Russia, $73.79 million.
Through February it’s top exports were Gasoline, other fuels; Oil; Petroleum products; Carbonates; and Cyclic hydrocarbons, in that order. Those accounted for 98.55 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Chemical wood pulp, not dissolving grade; Aluminum, unwrought; and Value added to a returned import, accounting for 97.69 percent of all inbound shipments.
Looking more closely at Port of Port Arthur, Texas’s exports:
- Gasoline, other fuels rose 13.85 percent compared to last year to $837.03 million.
- Oil rose 677.96 percent compared to last year to $604.83 million.
- Petroleum products rose 32.47 percent compared to last year to $113.03 million.
- Carbonates rose 29.55 percent compared to last year to $39.3 million.
- Cyclic hydrocarbons fell 26.17 percent compared to last year to $26.98 million.
On the import side:
- Oil fell 25.05 percent compared to last year to $1.15 billion.
- Gasoline, other fuels fell 29.27 percent compared to last year to $66.12 million.
- Chemical wood pulp, not dissolving grade rose 64.21 percent compared to last year to $41.33 million.
- Aluminum, unwrought totaled $24.89 million. The previous year, there were no imports in this category.
- Value added to a returned import rose 123744 percent compared to last year to $10.07 million.
Last year Port of Port Arthur, Texas posted total trade with the world of $13.33 billion. The Port’s deficit was $3.41 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $4.96 billion and imports came to $8.37 billion.