|2||Gasoline, other fuels||$2.82 B|
|3||Petroleum gases, other gaseous hydrocarbons||$1.17 B|
|5||Cyclic hydrocarbons||$393.2 M|
|6||Acyclic hydrocarbons||$392.65 M|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$277.2 M|
|8||Acetic acids, vinyl acetates, etc.||$185.03 M|
|9||Plasma, vaccines, blood||$180.08 M|
|10||Polymers of vinyl chloride||$156.01 M|
|2||Gasoline, other fuels||$752.13 M|
|3||Motor vehicles for transporting people||$497.55 M|
|4||Seamless iron tubes and pipes||$432.11 M|
|5||Iron and steel pipes and tubing||$317.71 M|
|6||Taps, cocks and valves for pipes, tanks||$205.82 M|
|7||Aluminum, unwrought||$165.95 M|
|8||Cyclic hydrocarbons||$143.56 M|
|9||Misc. raw materials for industrial manufacturing||$136.87 M|
|10||Furniture, parts||$130.86 M|
Port of Houston’s trade increases 6.67 percent through February
Port of Houston’s trade with the world rose 6.67 percent, from $23.09 billion to $24.63 billion through the first two 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.
Port of Houston ranked No. 6 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February 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; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Port of Houston’s top trade parters were No. 1 Mexico, No. 2 China, No. 3 Germany, No. 4 Brazil and No. 5 The Netherlands . Through the same period of the previous year, the top trade partners were held by China, Mexico, Brazil, The Netherlands and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico fell 4.92 percent to $2.26 billion.
Exports fell 4.84 percent to $1.24 billion. Imports fell 5.02 percent to $1.01 billion.
- Trade with No. 2 China fell 18.16 percent to $2.03 billion.
Exports fell 46.07 percent to $514.1 million. Imports fell 0.77 percent to $1.52 billion.
- Trade with No. 3 Germany rose 26.84 percent to $1.37 billion.
Exports rose 92.92 percent to $510.65 million. Imports rose 5.46 percent to $862.98 million.
- Trade with No. 4 Brazil fell 14.63 percent to $1.3 billion.
Exports fell 18.74 percent to $836.54 million. Imports fell 6.08 percent to $464.52 million.
- Trade with No. 5 The Netherlands rose 14.46 percent to $1.25 billion.
Exports rose 18.61 percent to $1.07 billion. Imports fell 4.64 percent to $186.04 million.
Port of Houston’s top five trading partners through February accounted for 33.36 percent of its trade with the world.
Port of Houston had trade surpluses with 136 countries and deficits with 52 through February. That compares with 120 surpluses and 68 deficits for the same period one year earlier. The top three surpluses through February of this year were with The Netherlands, $879.25 million; Japan, $629.57 million; and Taiwan, $489.85 million. The top three deficits through February of this year were with China, $1 billion; Germany, $352.33 million; and Slovakia, $207.18 million.
Through February it’s top exports were Oil; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Plastics; and Cyclic hydrocarbons, in that order. Those accounted for 57.73 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 33.05 percent of all inbound shipments.
Looking more closely at Port of Houston’s exports:
- Oil rose 178.6 percent compared to last year to $3.17 billion.
- Gasoline, other fuels fell 4.45 percent compared to last year to $2.82 billion.
- Petroleum gases, other gaseous hydrocarbons fell 24.07 percent compared to last year to $1.17 billion.
- Plastics rose 30.17 percent compared to last year to $815.89 million.
- Cyclic hydrocarbons rose 19.57 percent compared to last year to $393.2 million.
On the import side:
- Oil fell 25.24 percent compared to last year to $1.35 billion.
- Gasoline, other fuels fell 10.83 percent compared to last year to $752.13 million.
- Motor vehicles for transporting people rose 22.44 percent compared to last year to $497.55 million.
- Seamless iron tubes and pipes fell 10.26 percent compared to last year to $432.11 million.
- Iron and steel pipes and tubing fell 1.86 percent compared to last year to $317.71 million.
Last year Port of Houston posted total trade with the world of $113.08 billion. The Port’s surplus was $13.55 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $63.32 billion and imports came to $49.76 billion.