|1||Gasoline, other fuels||$3.31 B|
|3||Ethyl alcohol||$260.42 M|
|4||Acetic acids, vinyl acetates, etc.||$128.61 M|
|5||Acyclic alcohols||$95.66 M|
|6||Petroleum products||$67.35 M|
|7||Oxygen-function amino-compounds||$43.79 M|
|8||Ethers, ether-alcohols, alcohol peroxides etc.||$39.69 M|
|9||Cyclic hydrocarbons||$39.44 M|
|10||Acrylic and methacrylic acids, etc.||$30.24 M|
|2||Gasoline, other fuels||$133.63 M|
|3||Value added to a returned import||$61.65 M|
|4||Acyclic alcohols||$5.58 M|
|5||Cranes, derricks, industrial-use vehicles||$3.53 M|
|6||Cyclic hydrocarbons||$1.71 M|
|8||Compressors and pumps||$450,000|
|9||Misc. dead animal products||$156,721|
Port of Texas City, Texas’s trade increases 9.81 percent through August
Port of Texas City, Texas’s trade with the world rose 9.81 percent, from $6.4 billion to $7.03 billion 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 Texas City, Texas ranked No. 73 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 Texas City, Texas’s top trade partners were No. 1 Mexico, No. 2 India, No. 3 Saudi Arabia, No. 4 Brazil and No. 5 Costa Rica. Through the same period of the previous year, the top trade partners were held by Mexico, Iraq, Venezuela, China and Italy, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 10.31 percent to $1.46 billion.
Exports fell 7.9 percent to $1.43 billion. Imports fell 55.28 percent to $37.06 million.
- Trade with No. 2 India rose 111.58 percent to $505.87 million.
Exports rose 111.55 percent to $505.8 million. Imports totaled $72,415.
- Trade with No. 3 Saudi Arabia rose 339.95 percent to $473.21 million.
Exports fell 71.88 percent to $68,307. Imports rose 340.88 percent to $473.14 million.
- Trade with No. 4 Brazil rose 55.68 percent to $392.6 million.
Exports rose 54.14 percent to $384.81 million. Imports rose 207.43 percent to $7.79 million.
- Trade with No. 5 Costa Rica rose 844.1 percent to $334.84 million.
Exports rose 844.1 percent to $334.84 million. There were no imports.
Port of Texas City, Texas’s top five trading partners through August accounted for 45.12 percent of its trade with the world.
Port of Texas City, Texas had trade surpluses with 47 countries and deficits with 22 through August. That compares with 49 surpluses and nine deficits for the same period one year earlier. The top three surpluses through August of this year were with Mexico, $1.39 billion; India, $505.73 million; and Brazil, $377.01 million. The top three deficits through August of this year were with Saudi Arabia, $473.07 million; Iraq, $223.98 million; and Guatemala, $70.77 million.
Through August its top exports were Gasoline, other fuels; Oil; Ethyl alcohol; Acetic acids, vinyl acetates, etc.; and Acyclic alcohols, in that order. Those accounted for 94.83 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Value added to a returned import; Acyclic alcohols; and Cranes, derricks, industrial-use vehicles, accounting for 99.75 percent of all inbound shipments.
Looking more closely at Port of Texas City, Texas’s exports:
- Gasoline, other fuels rose 11.97 percent compared to last year to $3.31 billion.
- Oil rose 31.17 percent compared to last year to $1.68 billion.
- Ethyl alcohol fell 37.61 percent compared to last year to $260.42 million.
- Acetic acids, vinyl acetates, etc. rose 11.76 percent compared to last year to $128.61 million.
- Acyclic alcohols rose 37.54 percent compared to last year to $95.66 million.
On the import side:
- Oil fell 14.2 percent compared to last year to $1.04 billion.
- Gasoline, other fuels rose 373.94 percent compared to last year to $133.63 million.
- Value added to a returned import totaled $61.65 million. The previous year, there were no imports in this category.
- Acyclic alcohols fell 0.55 percent compared to last year to $5.58 million.
- Cranes, derricks, industrial-use vehicles totaled $3.53 million. The previous year, there were no imports in this category.
Last year Port of Texas City, Texas posted total trade with the world of $9.84 billion. The Port’s surplus was $6.05 billion. At the end of the year, the port’s top five trade partners were Mexico, Iraq, Venezuela, China and Italy. Exports totaled $7.94 billion and imports came to $1.89 billion.