|1||Gasoline, other fuels||$19.68 B|
|3||Petroleum gases, other gaseous hydrocarbons||$9.23 B|
|5||Cyclic hydrocarbons||$2.33 B|
|6||Acyclic hydrocarbons||$2.21 B|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$2.01 B|
|8||Polymers of vinyl chloride||$1.03 B|
|9||Parts for heavy machinery||$964.66 M|
|10||Acetic acids, vinyl acetates, etc.||$959.93 M|
|2||Gasoline, other fuels||$6.48 B|
|3||Motor vehicles for transporting people||$2.95 B|
|4||Seamless iron tubes and pipes||$2.59 B|
|5||Iron and steel pipes and tubing||$1.3 B|
|6||Taps, cocks and valves for pipes, tanks||$1.16 B|
|7||Cyclic hydrocarbons||$1.02 B|
|8||Aluminum, unwrought||$868.25 M|
|9||Value added to a returned import||$835.41 M|
|10||Misc. raw materials for industrial manufacturing||$813.69 M|
Port of Houston’s trade increases 22.83 percent through November
Port of Houston’s trade with the world rose 22.83 percent, from $119.81 billion to $147.16 billion through the first 11 months of 2018 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 $3.86 trillion, with exports at $1.53 trillion and imports at $2.33 trillion. The nation’s total trade increased 8.64 percent compared to the same period last year. Exports rose 8.46 percent and imports rose 8.77 percent.
Port of Houston ranked No. 6 for total trade among the nation’s roughly 450 airports, seaports and border crossings through November of 2018. During the same period of 2017 it ranked No. 7. It finished No. 7 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; Port Laredo; Chicago O’Hare International Airport; John F. Kennedy International Airport and Port of Newark.
Through November Port of Houston’s top trade parters 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, Germany and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 26.53 percent to $15.58 billion.
Exports rose 36.68 percent to $9.2 billion. Imports rose 14.3 percent to $6.38 billion.
- Trade with No. 2 China rose 14.42 percent to $13.63 billion.
Exports rose 4.18 percent to $4.33 billion. Imports rose 19.92 percent to $9.3 billion.
- Trade with No. 3 Brazil rose 6.36 percent to $8.85 billion.
Exports rose 8.9 percent to $6.04 billion. Imports rose 1.29 percent to $2.81 billion.
- Trade with No. 4 Germany rose 3.38 percent to $6.6 billion.
Exports rose 9.14 percent to $1.68 billion. Imports rose 1.55 percent to $4.92 billion.
- Trade with No. 5 The Netherlands rose 21.7 percent to $6.52 billion.
Exports rose 25.96 percent to $5.26 billion. Imports rose 6.57 percent to $1.25 billion.
Port of Houston’s top five trading partners through November accounted for 34.78 percent of its trade with the world.
Port of Houston had trade surpluses with 146 countries and deficits with 66 through November. That compares with 152 surpluses and 62 deficits for the same period one year earlier. The top three surpluses through November of this year were with The Netherlands, $4.01 billion; Japan, $3.67 billion; and Brazil, $3.23 billion. The top three deficits through November of this year were with China, $4.96 billion; Germany, $3.24 billion; and Italy, $1.78 billion.
Through November it’s top exports were Gasoline, other fuels; Oil; Petroleum gases, other gaseous hydrocarbons; Plastics; and Cyclic hydrocarbons, in that order. Those accounted for 55.13 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 36.64 percent of all inbound shipments.
Looking more closely at Port of Houston’s exports:
- Gasoline, other fuels rose 20.33 percent compared to last year to $19.68 billion.
- Oil rose 307.75 percent compared to last year to $10.43 billion.
- Petroleum gases, other gaseous hydrocarbons rose 26.34 percent compared to last year to $9.23 billion.
- Plastics rose 43.8 percent compared to last year to $4 billion.
- Cyclic hydrocarbons rose 19.45 percent compared to last year to $2.33 billion.
On the import side:
- Oil rose 17.61 percent compared to last year to $10.24 billion.
- Gasoline, other fuels rose 53.82 percent compared to last year to $6.48 billion.
- Motor vehicles for transporting people rose 9.81 percent compared to last year to $2.95 billion.
- Seamless iron tubes and pipes rose 26.48 percent compared to last year to $2.59 billion.
- Iron and steel pipes and tubing fell 21.13 percent compared to last year to $1.3 billion.
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, Germany, Iceland, Norway and The Netherlands. Exports totaled $63.32 billion and imports came to $49.76 billion.