|1||Gasoline, other fuels||$1.57 B|
|3||Ethyl alcohol||$358.44 M|
|4||Acetic acids, vinyl acetates, etc.||$73.44 M|
|5||Acyclic alcohols||$46.59 M|
|6||Petroleum products||$37.3 M|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$23.75 M|
|8||Polycarboxylic acids and other realted chemicals||$22.05 M|
|9||Cyclic hydrocarbons||$18 M|
|10||Oxygen-function amino-compounds||$16.86 M|
|2||Gasoline, other fuels||$240.12 M|
|3||Cranes, derricks, industrial-use vehicles||$2.85 M|
|4||Returned exports, without change||$206,227|
|5||Halides & Halide Oxides of Nonmetals 2812||$97,195|
|6||Athletic, other textile shoes||$18,969|
|7||Taps, cocks and valves for pipes, tanks||$7,298|
|9||Rafts, buoys, other misc. floating structures||$4,012|
|10||Misc. articles made from textile materials||$428|
Port of Texas City, Texas’s trade decreases 16.05 percent through May
Port of Texas City, Texas’s trade with the world fell 16.05 percent, from $4.57 billion to $3.84 billion through the first five months of 2020 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Port of Texas City, Texas ranked No. 73 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
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 May Port of Texas City, Texas’s top trade partners were No. 1 Mexico, No. 2 Saudi Arabia, No. 3 Brazil, No. 4 United Kingdom and No. 5 France. Through the same period of the previous year, the top trade partners were held by Mexico, India, Canada, Costa Rica and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 8.75 percent to $797.29 million.
Exports rose 2019.16 percent to $785.11 million. Imports fell 98.54 percent to $12.18 million.
- Trade with No. 2 Saudi Arabia rose 107.82 percent to $489.5 million.
Exports fell 95.64 percent to $10.28 million. Imports totaled $479.22 million.
- Trade with No. 3 Brazil rose 50.66 percent to $356 million.
Exports rose 402431 percent to $356 million. Imports fell 100 percent to $2,402.
- Trade with No. 4 United Kingdom rose 30.38 percent to $235.16 million.
Exports rose 7286302 percent to $218.59 million. Imports fell 90.82 percent to $16.56 million.
- Trade with No. 5 France rose 165.86 percent to $206.78 million.
Exports rose 4180.3 percent to $206.78 million. There were no imports.
Port of Texas City, Texas’s top five trading partners through May accounted for 54.33 percent of its trade with the world.
Port of Texas City, Texas had trade surpluses with 42 countries and deficits with 13 through May. That compares with 17 surpluses and 46 deficits for the same period one year earlier. The top three surpluses through May of this year were with Mexico, $772.93 million; Brazil, $356 million; and France, $206.78 million. The top three deficits through May of this year were with Saudi Arabia, $468.94 million; Russia, $167.24 million; and Iraq, $87.31 million.
Through May its top exports were Gasoline, other fuels; Oil; Ethyl alcohol; Acetic acids, vinyl acetates, etc.; and Acyclic alcohols, in that order. Those accounted for 94.9 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Cranes, derricks, industrial-use vehicles; Returned exports, without change; and Halides & Halide Oxides of Nonmetals 2812, accounting for 100 percent of all inbound shipments.
Looking more closely at Port of Texas City, Texas’s exports:
- Gasoline, other fuels fell 22.88 percent compared to last year to $1.57 billion.
- Oil fell 37.31 percent compared to last year to $775.67 million.
- Ethyl alcohol rose 111.24 percent compared to last year to $358.44 million.
- Acetic acids, vinyl acetates, etc. fell 11.04 percent compared to last year to $73.44 million.
- Acyclic alcohols fell 10.77 percent compared to last year to $46.59 million.
On the import side:
- Oil fell 15.93 percent compared to last year to $622.57 million.
- Gasoline, other fuels rose 290.53 percent compared to last year to $240.12 million.
- Cranes, derricks, industrial-use vehicles fell 19.33 percent compared to last year to $2.85 million.
- Returned exports, without change rose 125.53 percent compared to last year to $206,227.
- Halides & Halide Oxides of Nonmetals 2812 totaled $97,195. The previous year, there were no imports in this category.
Last year Port of Texas City, Texas posted total trade with the world of $10.29 billion. The Port’s surplus was $6.54 billion. Exports totaled $8.41 billion and imports came to $1.88 billion.