|2||Gasoline, other fuels||$9.03 B|
|3||Petroleum gases, other gaseous hydrocarbons||$3.89 B|
|5||Acyclic hydrocarbons||$1.34 B|
|6||Cyclic hydrocarbons||$1.27 B|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$869.16 M|
|8||Polymers of vinyl chloride||$539.08 M|
|9||Acetic acids, vinyl acetates, etc.||$523.22 M|
|2||Gasoline, other fuels||$3.08 B|
|3||Motor vehicles for transporting people||$1.7 B|
|4||Seamless iron tubes and pipes||$1.27 B|
|5||Iron and steel pipes and tubing||$820.65 M|
|6||Taps, cocks and valves for pipes, tanks||$653.9 M|
|7||Aluminum, unwrought||$507.39 M|
|8||Misc. raw materials for industrial manufacturing||$484.54 M|
|9||Furniture, parts||$409.91 M|
|10||Value added to a returned import||$403.27 M|
Port of Houston’s trade increases 4.57 percent through June
Port of Houston’s trade with the world rose 4.57 percent, from $76.26 billion to $79.74 billion through the first six 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 $2.06 trillion, with exports at $823.61 billion and imports at $1.24 trillion. The nation’s total trade decreased 0.14 percent compared to the same period last year. Exports fell 0.75 percent and imports rose 0.28 percent.
Port of Houston ranked No. 6 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June 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 June Port of Houston’s top trade partners were No. 1 Mexico, No. 2 China, No. 3 Brazil, No. 4 Germany and No. 5 The Netherlands. Through the same period of the previous year, the top trade partners were held by Mexico, China, Brazil, The Netherlands and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 10.11 percent to $7.12 billion.
Exports fell 9.25 percent to $4.37 billion. Imports fell 11.45 percent to $2.75 billion.
- Trade with No. 2 China fell 21.7 percent to $5.95 billion.
Exports fell 51.57 percent to $1.46 billion. Imports fell 2.11 percent to $4.49 billion.
- Trade with No. 3 Brazil rose 7.77 percent to $4.72 billion.
Exports rose 11.87 percent to $3.34 billion. Imports fell 1.06 percent to $1.37 billion.
- Trade with No. 4 Germany rose 13.33 percent to $3.96 billion.
Exports rose 32.2 percent to $1.14 billion. Imports rose 7.11 percent to $2.81 billion.
- Trade with No. 5 The Netherlands rose 4.75 percent to $3.73 billion.
Exports rose 10.11 percent to $3.15 billion. Imports fell 17.11 percent to $581.67 million.
Port of Houston’s top five trading partners through June accounted for 31.94 percent of its trade with the world.
Port of Houston had trade surpluses with 146 countries and deficits with 54 through June. That compares with 136 surpluses and 71 deficits for the same period one year earlier. The top three surpluses through June of this year were with The Netherlands, $2.57 billion; Brazil, $1.97 billion; and Japan, $1.93 billion. The top three deficits through June of this year were with China, $3.03 billion; Germany, $1.67 billion; and Italy, $779.05 million.
Through June its top exports were Oil; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Plastics; and Acyclic hydrocarbons, in that order. Those accounted for 57.6 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 32.82 percent of all inbound shipments.
Looking more closely at Port of Houston’s exports:
- Oil rose 103.59 percent compared to last year to $9.68 billion.
- Gasoline, other fuels fell 11.58 percent compared to last year to $9.03 billion.
- Petroleum gases, other gaseous hydrocarbons fell 15.07 percent compared to last year to $3.89 billion.
- Plastics rose 34.21 percent compared to last year to $2.76 billion.
- Acyclic hydrocarbons rose 15.79 percent compared to last year to $1.34 billion.
On the import side:
- Oil fell 22.86 percent compared to last year to $4.09 billion.
- Gasoline, other fuels fell 8.52 percent compared to last year to $3.08 billion.
- Motor vehicles for transporting people rose 28.28 percent compared to last year to $1.7 billion.
- Seamless iron tubes and pipes fell 15.73 percent compared to last year to $1.27 billion.
- Iron and steel pipes and tubing fell 7.15 percent compared to last year to $820.65 million.
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.