|1||Acrylonitrile, related compounds||$181.44 M|
|2||Petroleum products||$161.85 M|
|3||Halogenated derivatives of hydrocarbons||$80.71 M|
|4||Sodium or potassium hydroxide or peroxide||$71.9 M|
|5||Acyclic alcohols||$40.47 M|
|6||Ship's derricks, cranes, mobile lifting frames||$14.5 M|
|7||Petroleum gases, other gaseous hydrocarbons||$4.88 M|
|8||Ethers, ether-alcohols, alcohol peroxides etc.||$3.48 M|
|9||Misc.nonelectric machinery parts||$30,000|
|10||Misc. knitted, crocheted garments||$0|
|2||Acyclic hydrocarbons||$42.05 M|
|3||Misc. iron or steel structures and parts||$21.63 M|
|4||Oils derived from high temperature coal tar||$5.36 M|
|5||Machinery for heating and sterilizing||$4.25 M|
|6||Power supplies, transformers||$2.35 M|
|9||Iron and steel containers, more than 300l capacity||$474,205|
|10||Misc. iron, steel tubes, pipes||$389,481|
Port of Port Lavaca, Texas’s trade decreases 37.79 percent through September
Port of Port Lavaca, Texas’s trade with the world fell 37.79 percent, from $1.1 billion to $686 million through the first nine 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 $3.11 trillion, with exports at $1.23 trillion and imports at $1.88 trillion. The nation’s total trade decreased 0.61 percent compared to the same period last year. Exports fell 1.01 percent and imports fell 0.35 percent.
Port of Port Lavaca, Texas ranked No. 153 for total trade among the nation’s roughly 450 airports, seaports and border crossings through September 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 September Port of Port Lavaca, Texas’s top trade partners were No. 1 Spain, No. 2 South Korea, No. 3 Brazil, No. 4 Mexico and No. 5 France. Through the same period of the previous year, the top trade partners were held by South Korea, Mexico, Taiwan, Trinidad and Tobago and Spain, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Spain rose 68.24 percent to $114.8 million.
Exports rose 68.24 percent to $114.8 million. There were no imports.
- Trade with No. 2 South Korea fell 64.59 percent to $110.76 million.
Exports fell 62.98 percent to $107.92 million. Imports fell 86.65 percent to $2.85 million.
- Trade with No. 3 Brazil rose 30.23 percent to $72.93 million.
Exports rose 46.85 percent to $49.56 million. Imports rose 5.02 percent to $23.37 million.
- Trade with No. 4 Mexico fell 45.99 percent to $64.87 million.
Exports fell 45.99 percent to $64.87 million. There were no imports.
- Trade with No. 5 France rose 18.62 percent to $52.61 million.
Exports rose 15.42 percent to $51.19 million. Imports totaled $1.42 million.
Port of Port Lavaca, Texas’s top five trading partners through September accounted for 60.64 percent of its trade with the world.
Port of Port Lavaca, Texas had trade surpluses with 22 countries and deficits with nine through September. That compares with 25 surpluses and 11 deficits for the same period one year earlier. The top three surpluses through September of this year were with Spain, $114.8 million; South Korea, $105.07 million; and Mexico, $64.87 million. The top three deficits through September of this year were with Trinidad and Tobago, $46.63 million; China, $11.44 million; and United Kingdom, $9.41 million.
Through September its top exports were Acrylonitrile, related compounds; Petroleum products; Halogenated derivatives of hydrocarbons; Sodium or potassium hydroxide or peroxide; and Acyclic alcohols, in that order. Those accounted for 95.91 percent of its total outbound trade. The Port’s top imports were Ammonia; Acyclic hydrocarbons; Misc. iron or steel structures and parts; Oils derived from high temperature coal tar; and Machinery for heating and sterilizing, accounting for 96.04 percent of all inbound shipments.
Looking more closely at Port of Port Lavaca, Texas’s exports:
- Acrylonitrile, related compounds fell 63.85 percent compared to last year to $181.44 million.
- Petroleum products rose 45.8 percent compared to last year to $161.85 million.
- Halogenated derivatives of hydrocarbons rose 62.06 percent compared to last year to $80.71 million.
- Sodium or potassium hydroxide or peroxide fell 38.49 percent compared to last year to $71.9 million.
- Acyclic alcohols rose 181.88 percent compared to last year to $40.47 million.
On the import side:
- Ammonia fell 44.13 percent compared to last year to $48.42 million.
- Acyclic hydrocarbons fell 62.18 percent compared to last year to $42.05 million.
- Misc. iron or steel structures and parts fell 24.68 percent compared to last year to $21.63 million.
- Oils derived from high temperature coal tar totaled $5.36 million. The previous year, there were no imports in this category.
- Machinery for heating and sterilizing fell 63.59 percent compared to last year to $4.25 million.
Last year Port of Port Lavaca, Texas posted total trade with the world of $1.59 billion. The Port’s surplus was $658.79 million. At the end of the year, the port’s top five trade partners were South Korea, Taiwan, Mexico, Trinidad and Tobago and Spain. Exports totaled $1.13 billion and imports came to $466.99 million.