|2||Gasoline, other fuels||$15.73 B|
|3||Petroleum gases, other gaseous hydrocarbons||$6.25 B|
|5||Acyclic hydrocarbons||$2.26 B|
|6||Cyclic hydrocarbons||$2.03 B|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$1.59 B|
|8||Bombs, grenades, cartridges, parts||$887.84 M|
|9||Parts for heavy machinery||$879.42 M|
|10||Polymers of vinyl chloride||$872.88 M|
|2||Gasoline, other fuels||$5.54 B|
|3||Motor vehicles for transporting people||$2.61 B|
|4||Seamless iron tubes and pipes||$1.88 B|
|5||Iron and steel pipes and tubing||$1.13 B|
|6||Taps, cocks and valves for pipes, tanks||$1.05 B|
|7||Misc. raw materials for industrial manufacturing||$837.41 M|
|8||Value added to a returned import||$725.46 M|
|9||Aluminum, unwrought||$722.47 M|
|10||Furniture, parts||$708.79 M|
Port of Houston’s trade decreases 0.22 percent through October
Port of Houston’s trade with the world fell 0.22 percent, from $133.48 billion to $133.19 billion through the first 10 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 $3.47 trillion, with exports at $1.37 trillion and imports at $2.09 trillion. The nation’s total trade decreased 1.15 percent compared to the same period last year. Exports fell 1.23 percent and imports fell 1.1 percent.
Port of Houston ranked No. 6 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October 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 October Port of Houston’s top trade partners were No. 1 Mexico, No. 2 China, No. 3 Brazil, No. 4 South Korea and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by Mexico, China, Brazil, Germany and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 16.3 percent to $11.81 billion.
Exports fell 10.63 percent to $7.46 billion. Imports fell 24.51 percent to $4.35 billion.
- Trade with No. 2 China fell 19.33 percent to $10.15 billion.
Exports fell 44.63 percent to $2.29 billion. Imports fell 6.94 percent to $7.86 billion.
- Trade with No. 3 Brazil rose 6.92 percent to $8.66 billion.
Exports rose 13.28 percent to $6.25 billion. Imports fell 6.63 percent to $2.41 billion.
- Trade with No. 4 South Korea rose 18.6 percent to $6.77 billion.
Exports rose 41.38 percent to $4.1 billion. Imports fell 4.87 percent to $2.68 billion.
- Trade with No. 5 Germany rose 3.93 percent to $6.3 billion.
Exports rose 16.58 percent to $1.81 billion. Imports fell 0.41 percent to $4.5 billion.
Port of Houston’s top five trading partners through October accounted for 32.81 percent of its trade with the world.
Port of Houston had trade surpluses with 150 countries and deficits with 57 through October. That compares with 144 surpluses and 67 deficits for the same period one year earlier. The top three surpluses through October of this year were with The Netherlands, $4.17 billion; Brazil, $3.83 billion; and Japan, $3.11 billion. The top three deficits through October of this year were with China, $5.57 billion; Germany, $2.69 billion; and Russia, $1.42 billion.
Through October its top exports were Oil; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Plastics; and Acyclic hydrocarbons, in that order. Those accounted for 57.65 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Motor vehicles for transporting people; Seamless iron tubes and pipes; and Iron and steel pipes and tubing, accounting for 31.36 percent of all inbound shipments.
Looking more closely at Port of Houston’s exports:
- Oil rose 79.55 percent compared to last year to $16.02 billion.
- Gasoline, other fuels fell 10.91 percent compared to last year to $15.73 billion.
- Petroleum gases, other gaseous hydrocarbons fell 23.62 percent compared to last year to $6.25 billion.
- Plastics rose 31.59 percent compared to last year to $4.78 billion.
- Acyclic hydrocarbons rose 10.51 percent compared to last year to $2.26 billion.
On the import side:
- Oil fell 34.54 percent compared to last year to $6.12 billion.
- Gasoline, other fuels fell 9.26 percent compared to last year to $5.54 billion.
- Motor vehicles for transporting people fell 2.47 percent compared to last year to $2.61 billion.
- Seamless iron tubes and pipes fell 22.01 percent compared to last year to $1.88 billion.
- Iron and steel pipes and tubing fell 6.74 percent compared to last year to $1.13 billion.
Last year Port of Houston posted total trade with the world of $159.79 billion. The Port’s surplus was $20.63 billion. At the end of the year, the port’s top five trade partners were Mexico, China, Brazil, Germany and The Netherlands. Exports totaled $90.21 billion and imports came to $69.58 billion.