Port of Morgan City, La.

Port of Morgan City, La.’s trade totaled $395.08 million for the month of April, $1.5 billion through April of 2020, and $5.46 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Trading Countries

RankPortYTD
1South Korea$397.11 M
2India$276.04 M
3China$130.93 M
4Canada$113 M
5Mexico$96.58 M
6Singapore$91.92 M
7Iraq$80.81 M
8Colombia$78.42 M
9Trinidad and Tobago$48.83 M
10Germany$45.96 M

Overall Rank

Port of Morgan City, La.’s trade decreases 33.44 percent through March

Port of Morgan City, La.’s trade with the world fell 33.44 percent, from $1.65 billion to $1.1 billion through the first three months of 2020 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 $964.77 billion, with exports at $395.69 billion and imports at $569.09 billion. The nation’s total trade decreased 4.16 percent compared to the same period last year. Exports fell 3.07 percent and imports fell 4.91 percent.

Port of Morgan City, La. ranked No. 95 for total trade among the nation’s roughly 450 airports, seaports and border crossings through March of 2020.

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 March Port of Morgan City, La.’s top trade partners were No. 1 South Korea, No. 2 India, No. 3 China, No. 4 Canada and No. 5 Mexico. Through the same period of the previous year, the top trade partners were held by South Korea, Iraq, Mexico, Kuwait and Saudi Arabia, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 South Korea fell 20.29 percent to $277.38 million.
    Exports fell 20.38 percent to $277.08 million. Imports rose 1873.37 percent to $296,005.
  • Trade with No. 2 India rose 127242 percent to $211.68 million.
    Exports totaled $211.47 million. Imports rose 26.73 percent to $210,673.
  • Trade with No. 3 China rose 896.56 percent to $126.44 million.
    Exports totaled $121.5 million. Imports fell 61.04 percent to $4.94 million.
  • Trade with No. 4 Canada rose 120.56 percent to $100.58 million.
    Exports totaled $2,800. Imports rose 120.55 percent to $100.58 million.
  • Trade with No. 5 Mexico fell 65.46 percent to $85.49 million.
    Exports fell 60.2 percent to $38.66 million. Imports fell 68.86 percent to $46.83 million.

Port of Morgan City, La.’s top five trading partners through March accounted for 72.82 percent of its trade with the world.

Port of Morgan City, La. had trade surpluses with 22 countries and deficits with 16 through March. That compares with 20 surpluses and 33 deficits for the same period one year earlier. The top three surpluses through March of this year were with South Korea, $276.79 million; India, $211.26 million; and China, $116.56 million. The top three deficits through March of this year were with Canada, $100.58 million; Iraq, $70.95 million; and Colombia, $50.73 million.

Through March its top exports were Oil; Parts for heavy machinery; Misc. iron or steel structures and parts; Value added to a returned import; and Pumps for dispensing liquids, in that order. Those accounted for 93.19 percent of its total outbound trade. The Port’s top imports were Oil; Value added to a returned import; Seamless iron tubes and pipes; Parts for heavy machinery; and Misc. knit fabrics, accounting for 97.41 percent of all inbound shipments.

Looking more closely at Port of Morgan City, La.’s exports:

  • Oil rose 70.05 percent compared to last year to $707.41 million.
  • Parts for heavy machinery fell 23.69 percent compared to last year to $20.15 million.
  • Misc. iron or steel structures and parts rose 93.47 percent compared to last year to $15.2 million.
  • Value added to a returned import rose 267.47 percent compared to last year to $9.97 million.
  • Pumps for dispensing liquids rose 152.47 percent compared to last year to $9.18 million.

On the import side:

  • Oil fell 71.81 percent compared to last year to $262.56 million.
  • Value added to a returned import fell 36.97 percent compared to last year to $7.72 million.
  • Seamless iron tubes and pipes fell 76.43 percent compared to last year to $2.13 million.
  • Parts for heavy machinery fell 95.08 percent compared to last year to $2.1 million.
  • Misc. knit fabrics rose 5.44 percent compared to last year to $1.38 million.

Last year Port of Morgan City, La. posted total trade with the world of $5.46 billion. The Port’s surplus was $341.2 million. Exports totaled $2.9 billion and imports came to $2.56 billion.