Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
Current RankAmong U.S. airports, seaports, border crossings
Eagle Pass’s total trade with the world was $2.78 billion in August, a change of 6.76 percent from the same month one year ago. The change in exports was 35.16 percent and the change in imports was -2.50 percent. Eagle Pass ranked No. 32 among U.S. trade partners in August. It had ranked No. 31 for the same month last year.
Eagle Pass’s top three exports by value in August were (1) Soybeans, (2) Corn, and (3) Misc. iron and steel articles. Its top three imports, also by value, were (1) Commercial vehicles, (2) Beer, and (3) Passenger vehicles. By tonnage, Eagle Pass’s top three exports were (1) Insulated wire, cable, (2) Soybeans, and (3) Aluminum powders, flakes. Its top three imports, also by tonnage, were (1) Soybeans, (2) Aluminum powders, flakes, and (3) Mounted optical elements.
|2||Gasoline, other fuels||$529.2 million|
|4||Misc. iron and steel articles||$335.5 million|
|6||Chemical compounds||$241 million|
|7||Passenger vehicles||$229.7 million|
|8||Soybean oilcake||$226.5 million|
|10||Lactose, caramel, misc. sugars||$197.5 million|
|1||Commercial vehicles||$6.9 billion|
|3||Passenger vehicles||$1.7 billion|
|4||Seats, excluding barber, dental||$436.2 million|
|5||Refrigerators, freezers||$375.9 million|
|6||Motor vehicle parts||$332.9 million|
|7||Insulated wire, cable||$295.4 million|
|8||Iron and steel springs||$258 million|
|9||Men’s or boys’ slacks, suits, not knit||$240.9 million|
|10||Trailers and similar vehicles||$140.7 million|
Eagle Pass’s trade increases 31.96 percent through August
Eagle Pass’s trade with the world rose 31.96 percent, from $16.75 billion to $22.1 billion through the first eight months of 2021 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 $2.95 trillion, with exports at $1.13 trillion and imports at $1.82 trillion. The nation’s total trade increased 22.99 percent compared to the same period last year. Exports rose 23.34 percent and imports rose 22.78 percent.
Eagle Pass ranked No. 32 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August of 2021. During the same period of 2020 it ranked No. 33. It finished No. 32 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; Chicago O’Hare International Airport; Port Laredo; John F. Kennedy International Airport and Port of Newark.
Through August Eagle Pass’s top trade partners were No. 1 Mexico, No. 2 Canada, No. 3 China, No. 4 Taiwan and No. 5 Japan. Through the same period of the previous year, the top trade partners were held by Mexico, Japan, China, Canada and Thailand, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 36.84 percent to $19.27 billion.
Exports rose 51.11 percent to $5.98 billion. Imports rose 31.27 percent to $13.29 billion.
- Trade with No. 2 Canada rose 118.18 percent to $20.96 million.
There were no exports. Imports rose 118.18 percent to $20.96 million.
- Trade with No. 3 China fell 13.74 percent to $11.82 million.
There were no exports. Imports fell 13.66 percent to $11.82 million.
- Trade with No. 4 Taiwan fell 10.73 percent to $4.25 million.
There were no exports. Imports fell 10.73 percent to $4.25 million.
- Trade with No. 5 Japan fell 86.24 percent to $2.76 million.
There were no exports. Imports fell 82.63 percent to $2.76 million.
Eagle Pass’s top five trading partners through August accounted for 99.95 percent of its trade with the world.
Eagle Pass had trade surpluses with four countries and deficits with 48 through August. That compares with one surpluses and 42 deficits for the same period one year earlier. The top three surpluses through August of this year were with Panama, $1.3 million; Mayotte, $39,693; and Afghanistan, $10,652. The top three deficits through August of this year were with Mexico, $7.32 billion; Canada, $20.96 million; and China, $11.82 million.
Through August its top exports were Soybeans; Gasoline, other fuels; Corn; Misc. iron and steel articles; and Plastics, in that order. Those accounted for 35.16 percent of its total outbound trade. The Port’s top imports were Commercial vehicles; Beer; Passenger vehicles; Seats, excluding barber, dental; and Refrigerators, freezers, accounting for 77.49 percent of all inbound shipments.
Looking more closely at Eagle Pass’s exports:
- Soybeans rose 23.38 percent compared to last year to $740.69 million.
- Gasoline, other fuels rose 72.53 percent compared to last year to $529.25 million.
- Corn rose 28.54 percent compared to last year to $519.53 million.
- Misc. iron and steel articles rose 230.61 percent compared to last year to $335.55 million.
- Plastics rose 272.18 percent compared to last year to $280.61 million.
On the import side:
- Commercial vehicles rose 31.92 percent compared to last year to $6.94 billion.
- Beer rose 13.32 percent compared to last year to $2.34 billion.
- Passenger vehicles rose 25.39 percent compared to last year to $1.73 billion.
- Seats, excluding barber, dental rose 76.58 percent compared to last year to $436.15 million.
- Refrigerators, freezers rose 53.45 percent compared to last year to $375.89 million.
Last year Eagle Pass posted total trade with the world of $28.13 billion. The Port’s deficit was $12.99 billion. Exports totaled $7.57 billion and imports came to $20.56 billion.