Pharr International Bridge in Texas

Total Trade Compared to the same month a year ago

18.91%

Compared to last month

8.42%

Total Exports Compared to the same month a year ago

41.29%

Compared to last month

7.86%

Total Imports Compared to the same month a year ago

7.65%

Compared to last month

8.80%

Current RankAmong U.S. airports, seaports, border crossings

30

Rank 2020

30

Pharr International Bridge in Texas’s total trade with the world was $3.38 billion in August, a change of 18.91 percent from the same month one year ago. The change in exports was 41.29 percent and the change in imports was 7.65 percent. Pharr International Bridge in Texas ranked No. 30 among U.S. trade partners in August. It had ranked No. 30 for the same month last year.

Pharr International Bridge in Texas’s top three exports by value in August were (1) LNG, other petroleum gases, (2) Gasoline, other fuels, and (3) Motor vehicle parts. Its top three imports, also by value, were (1) TVs, computer monitors, (2) Avocados, dates, figs, pineapples, etc., and (3) Insulated wire, cable. By tonnage, Pharr International Bridge in Texas’s top three exports were (1) Electrical boards, panels and switches, (2) Insulated wire, cable, and (3) Navigational equipment. Its top three imports, also by tonnage, were (1) Electric motor, generator parts, (2) Electrical boards, panels and switches, and (3) Power supplies, transformers.

Top Trading Countries

RankCountryYTD
1Mexico$27 billion
2China$216.2 million
3South Korea$118 million
4Japan$67.7 million
5Canada$26.6 million
6Israel$24.4 million
7Malaysia$24.4 million
8Germany$22.7 million
9Taiwan$16.5 million
10Italy$13.8 million

Overall Rank

EXPORT to Excel: YTD | Month | Annual
EXPORT to Excel: YTD | Month | Annual
EXPORT to Excel: YTD | Month | Annual
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Top Exports

RankCommodityYTD
1LNG, other petroleum gases$3.5 billion
2Gasoline, other fuels$565.7 million
3Motor vehicle parts$406.3 million
4Insulated wire, cable$318.1 million
5Computer chips$279.3 million
6Electrical supplies <1000V$265.3 million
7Pork$256.3 million
8Cotton$174.6 million
9Compressors and pumps$157.2 million
10Parts for electrical supplies$145.8 million

Pharr International Bridge in Texas’s trade increases 32.25 percent through August

Pharr International Bridge in Texas’s trade with the world rose 32.25 percent, from $20.88 billion to $27.61 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.

Pharr International Bridge in Texas ranked No. 30 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. 31. It finished No. 30 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 Pharr International Bridge in Texas’s top trade partners were No. 1 Mexico, No. 2 China, No. 3 South Korea, No. 4 Japan and No. 5 Canada. Through the same period of the previous year, the top trade partners were held by Mexico, China, South Korea, Japan and Indonesia, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Mexico rose 37.07 percent to $23.66 billion.
    Exports rose 52.8 percent to $9.66 billion. Imports rose 27.97 percent to $13.99 billion.
  • Trade with No. 2 China fell 45.78 percent to $190.21 million.
    Exports rose 151.56 percent to $505,311. Imports fell 45.89 percent to $189.71 million.
  • Trade with No. 3 South Korea fell 9.97 percent to $99.45 million.
    Exports fell 84.73 percent to $6,700. Imports fell 9.94 percent to $99.45 million.
  • Trade with No. 4 Japan fell 21.71 percent to $64.63 million.
    Exports rose 381.54 percent to $435,266. Imports fell 22.16 percent to $64.19 million.
  • Trade with No. 5 Canada rose 165.45 percent to $24.81 million.
    Exports fell 78.01 percent to $15,650. Imports rose 167.32 percent to $24.8 million.

Pharr International Bridge in Texas’s top five trading partners through August accounted for 99.2 percent of its trade with the world.

Pharr International Bridge in Texas had trade surpluses with 10 countries and deficits with 77 through August. That compares with four surpluses and 75 deficits for the same period one year earlier. The top three surpluses through August of this year were with Hong Kong, $229,076; Nicaragua, $207,433; and The Netherlands, $178,145. The top three deficits through August of this year were with Mexico, $4.33 billion; China, $189.2 million; and South Korea, $99.44 million.

Through August its top exports were LNG, other petroleum gases; Gasoline, other fuels; Motor vehicle parts; Insulated wire, cable; and Computer chips, in that order. Those accounted for 45.93 percent of its total outbound trade. The Port’s top imports were TVs, computer monitors; Avocados, dates, figs, pineapples, etc.; Strawberries, blueberries, etc.; Electrical boards, panels and switches; and Insulated wire, cable, accounting for 32.09 percent of all inbound shipments.

Looking more closely at Pharr International Bridge in Texas’s exports:

  • LNG, other petroleum gases rose 116.39 percent compared to last year to $3.49 billion.
  • Gasoline, other fuels rose 130.7 percent compared to last year to $565.7 million.
  • Motor vehicle parts rose 26.39 percent compared to last year to $406.35 million.
  • Insulated wire, cable rose 36.7 percent compared to last year to $318.12 million.
  • Computer chips rose 49.24 percent compared to last year to $279.27 million.

On the import side:

  • TVs, computer monitors rose 40.1 percent compared to last year to $1.84 billion.
  • Avocados, dates, figs, pineapples, etc. rose 16.09 percent compared to last year to $1.23 billion.
  • Strawberries, blueberries, etc. rose 39 percent compared to last year to $819.91 million.
  • Electrical boards, panels and switches rose 20.28 percent compared to last year to $719.66 million.
  • Insulated wire, cable rose 46.13 percent compared to last year to $710.68 million.

Last year Pharr International Bridge in Texas posted total trade with the world of $33.05 billion. The Port’s deficit was $10.09 billion. Exports totaled $11.48 billion and imports came to $21.57 billion.