|1||Gasoline, other fuels||$17.65 B|
|3||Petroleum gases, other gaseous hydrocarbons||$8.18 B|
|5||Cyclic hydrocarbons||$2.1 B|
|6||Acyclic hydrocarbons||$2.05 B|
|7||Ethers, ether-alcohols, alcohol peroxides etc.||$1.84 B|
|8||Polymers of vinyl chloride||$947.13 M|
|9||Parts for heavy machinery||$889.1 M|
|10||Acetic acids, vinyl acetates, etc.||$873.14 M|
|2||Gasoline, other fuels||$6.11 B|
|3||Motor vehicles for transporting people||$2.68 B|
|4||Seamless iron tubes and pipes||$2.41 B|
|5||Iron and steel pipes and tubing||$1.21 B|
|6||Taps, cocks and valves for pipes, tanks||$1.05 B|
|7||Cyclic hydrocarbons||$954.1 M|
|8||Aluminum, unwrought||$809.83 M|
|9||Misc. raw materials for industrial manufacturing||$739.25 M|
|10||Value added to a returned import||$734.27 M|
Port of Houston’s trade increases 23.43 percent through October
Port of Houston’s trade with the world rose 23.43 percent, from $108.14 billion to $133.48 billion through the first 10 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Port of Houston ranked No. 6 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October 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 October 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 29.53 percent to $14.11 billion.
Exports rose 40.91 percent to $8.35 billion. Imports rose 15.97 percent to $5.76 billion.
- Trade with No. 2 China rose 16.8 percent to $12.59 billion.
Exports rose 8.04 percent to $4.14 billion. Imports rose 21.64 percent to $8.45 billion.
- Trade with No. 3 Brazil rose 7.12 percent to $8.1 billion.
Exports rose 9.36 percent to $5.51 billion. Imports rose 2.62 percent to $2.59 billion.
- Trade with No. 4 Germany rose 4.15 percent to $6.06 billion.
Exports rose 10.77 percent to $1.55 billion. Imports rose 2.05 percent to $4.52 billion.
- Trade with No. 5 The Netherlands rose 22.37 percent to $6.02 billion.
Exports rose 25.27 percent to $4.86 billion. Imports rose 11.57 percent to $1.16 billion.
Port of Houston’s top five trading partners through October accounted for 35.13 percent of its trade with the world.
Port of Houston had trade surpluses with 144 countries and deficits with 67 through October. That compares with 150 surpluses and 61 deficits for the same period one year earlier. The top three surpluses through October of this year were with The Netherlands, $3.7 billion; Brazil, $2.93 billion; and Japan, $2.93 billion. The top three deficits through October of this year were with China, $4.31 billion; Germany, $2.97 billion; and Italy, $1.6 billion.
Through October it’s top exports were Gasoline, other fuels; Oil; Petroleum gases, other gaseous hydrocarbons; Plastics; and Cyclic hydrocarbons, in that order. Those accounted for 54.37 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 36.85 percent of all inbound shipments.
Looking more closely at Port of Houston’s exports:
- Gasoline, other fuels rose 19.58 percent compared to last year to $17.65 billion.
- Oil rose 336.15 percent compared to last year to $8.92 billion.
- Petroleum gases, other gaseous hydrocarbons rose 26.9 percent compared to last year to $8.18 billion.
- Plastics rose 41.39 percent compared to last year to $3.63 billion.
- Cyclic hydrocarbons rose 22.15 percent compared to last year to $2.1 billion.
On the import side:
- Oil rose 19.48 percent compared to last year to $9.34 billion.
- Gasoline, other fuels rose 56.52 percent compared to last year to $6.11 billion.
- Motor vehicles for transporting people rose 12.85 percent compared to last year to $2.68 billion.
- Seamless iron tubes and pipes rose 32.57 percent compared to last year to $2.41 billion.
- Iron and steel pipes and tubing fell 20.99 percent compared to last year to $1.21 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.