|1||Acrylonitrile, related compounds||$551.4 M|
|2||Sodium or potassium hydroxide or peroxide||$137.14 M|
|3||Petroleum products||$124.86 M|
|4||Halogenated derivatives of hydrocarbons||$64.72 M|
|5||Acyclic alcohols||$14.36 M|
|6||Acyclic hydrocarbons||$7.34 M|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$3.09 M|
|8||Power supplies, transformers||$0|
|10||Screws, nuts, bolts, washers||$0|
|1||Acyclic hydrocarbons||$127.58 M|
|3||Iron and steel containers, more than 300l capacity||$89.35 M|
|4||Misc. iron or steel structures and parts||$38.54 M|
|5||Ship's derricks, cranes, mobile lifting frames||$22.76 M|
|6||Machinery for heating and sterilizing||$11.74 M|
|7||Misc. steam-generating boilers||$10.4 M|
|8||Nitrogenous fertilizers||$2.71 M|
|9||Power supplies, transformers||$1.44 M|
|10||Centrifuges, filters, machines and parts||$800,772|
Port of Port Lavaca, Texas’s trade increases 84.64 percent through October
Port of Port Lavaca, Texas’s trade with the world rose 84.64 percent, from $707.57 million to $1.31 billion through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Port of Port Lavaca, Texas ranked No. 137 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 152. It finished No. 151 in the last full year.
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; John F. Kennedy International Airport and Port of Newark.
Through October Port of Port Lavaca, Texas’s top trade parters were No. 1 South Korea, No. 2 Taiwan, No. 3 Mexico, No. 4 Trinidad and Tobago and No. 5 China . Through the same period of the previous year, the top trade partners were held by South Korea, Mexico, China, Trinidad and Tobago and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 South Korea rose 97.56 percent to $328 million.
Exports rose 84.73 percent to $306.69 million. Imports totaled $21.31 million.
- Trade with No. 2 Taiwan rose 276.17 percent to $184.84 million.
Exports rose 233.46 percent to $95.93 million. Imports rose 336.49 percent to $88.91 million.
- Trade with No. 3 Mexico rose 25.6 percent to $137.04 million.
Exports rose 29.44 percent to $137.03 million. Imports fell 99.91 percent to $2,830.
- Trade with No. 4 Trinidad and Tobago rose 57.1 percent to $97.4 million.
Exports totaled $1.06 million. Imports rose 55.39 percent to $96.34 million.
- Trade with No. 5 China fell 10.63 percent to $79.63 million.
Exports fell 48.64 percent to $26.49 million. Imports rose 41.6 percent to $53.14 million.
Port of Port Lavaca, Texas’s top five trading partners through October accounted for 63.3 percent of its trade with the world.
Port of Port Lavaca, Texas had trade surpluses with 28 countries and deficits with 10 through October. That compares with 28 surpluses and 12 deficits for the same period one year earlier. The top three surpluses through October of this year were with South Korea, $285.38 million; Mexico, $137.03 million; and Spain, $78.62 million. The top three deficits through October of this year were with Trinidad and Tobago, $95.28 million; The Netherlands, $48.84 million; and China, $26.65 million.
Through October it’s top exports were Acrylonitrile, related compounds; Sodium or potassium hydroxide or peroxide; Petroleum products; Halogenated derivatives of hydrocarbons; and Acyclic alcohols, in that order. Those accounted for 98.85 percent of its total outbound trade. The Port’s top imports were Acyclic hydrocarbons; Ammonia; Iron and steel containers, more than 300l capacity; Misc. iron or steel structures and parts; and Ship’s derricks, cranes, mobile lifting frames, accounting for 92.83 percent of all inbound shipments.
Looking more closely at Port of Port Lavaca, Texas’s exports:
- Acrylonitrile, related compounds rose 101.1 percent compared to last year to $551.4 million.
- Sodium or potassium hydroxide or peroxide rose 94.02 percent compared to last year to $137.14 million.
- Petroleum products rose 1247.16 percent compared to last year to $124.86 million.
- Halogenated derivatives of hydrocarbons rose 27.3 percent compared to last year to $64.72 million.
- Acyclic alcohols fell 77.73 percent compared to last year to $14.36 million.
On the import side:
- Acyclic hydrocarbons rose 134.34 percent compared to last year to $127.58 million.
- Ammonia rose 44.84 percent compared to last year to $96.34 million.
- Iron and steel containers, more than 300l capacity totaled $89.35 million. The previous year, there were no imports in this category.
- Misc. iron or steel structures and parts rose 25.34 percent compared to last year to $38.54 million.
- Ship’s derricks, cranes, mobile lifting frames totaled $22.76 million. The previous year, there were no imports in this category.
Last year Port of Port Lavaca, Texas posted total trade with the world of $546.38 million. The Port’s surplus was $153.53 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $349.96 million and imports came to $196.42 million.