|1||Petroleum products||$151.48 M|
|2||Acrylonitrile, related compounds||$127.99 M|
|3||Halogenated derivatives of hydrocarbons||$68.14 M|
|4||Sodium or potassium hydroxide or peroxide||$67.54 M|
|5||Acyclic alcohols||$32.9 M|
|6||Ship's derricks, cranes, mobile lifting frames||$14.5 M|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$2.7 M|
|8||Misc. knitted, crocheted garments||$0|
|10||Power supplies, transformers||$0|
|2||Acyclic hydrocarbons||$39.89 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 41.39 percent through August
Port of Port Lavaca, Texas’s trade with the world fell 41.39 percent, from $995.56 million to $583.49 million 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 Port Lavaca, Texas ranked No. 153 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 Port Lavaca, Texas’s top trade partners were No. 1 Spain, No. 2 South Korea, No. 3 Brazil, No. 4 Mexico and No. 5 Trinidad and Tobago. Through the same period of the previous year, the top trade partners were held by South Korea, Mexico, Trinidad and Tobago, Taiwan and Spain, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Spain rose 87.37 percent to $114.8 million.
Exports rose 87.37 percent to $114.8 million. There were no imports.
- Trade with No. 2 South Korea fell 76 percent to $72.69 million.
Exports fell 75.2 percent to $69.85 million. Imports fell 86.65 percent to $2.85 million.
- Trade with No. 3 Brazil rose 42 percent to $68.34 million.
Exports rose 44.09 percent to $44.98 million. Imports rose 38.15 percent to $23.37 million.
- Trade with No. 4 Mexico fell 48.11 percent to $56.74 million.
Exports fell 48.1 percent to $56.74 million. There were no imports.
- Trade with No. 5 Trinidad and Tobago fell 42.89 percent to $44.28 million.
Exports rose 68.31 percent to $1.79 million. Imports fell 44.43 percent to $42.5 million.
Port of Port Lavaca, Texas’s top five trading partners through August accounted for 61.16 percent of its trade with the world.
Port of Port Lavaca, Texas had trade surpluses with 23 countries and deficits with eight through August. That compares with 22 surpluses and 11 deficits for the same period one year earlier. The top three surpluses through August of this year were with Spain, $114.8 million; South Korea, $67 million; and Mexico, $56.74 million. The top three deficits through August of this year were with Trinidad and Tobago, $40.71 million; China, $15.63 million; and United Kingdom, $9.41 million.
Through August its top exports were Petroleum products; Acrylonitrile, related compounds; Halogenated derivatives of hydrocarbons; Sodium or potassium hydroxide or peroxide; and Acyclic alcohols, in that order. Those accounted for 96.3 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 96.1 percent of all inbound shipments.
Looking more closely at Port of Port Lavaca, Texas’s exports:
- Petroleum products rose 45.6 percent compared to last year to $151.48 million.
- Acrylonitrile, related compounds fell 73.25 percent compared to last year to $127.99 million.
- Halogenated derivatives of hydrocarbons rose 72.8 percent compared to last year to $68.14 million.
- Sodium or potassium hydroxide or peroxide fell 35.41 percent compared to last year to $67.54 million.
- Acyclic alcohols rose 129.11 percent compared to last year to $32.9 million.
On the import side:
- Ammonia fell 44.43 percent compared to last year to $42.5 million.
- Acyclic hydrocarbons fell 59.11 percent compared to last year to $39.89 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 rose 43.88 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.