Port of Houston Top Trading Partners
Total trade: $119.81 billion
January – November 2017
Top U.S. Trading Partners
Total U.S. trade: $3.55 trillion
Port of Houston’s trade increases 15.65 percent through November
Port of Houston’s trade with the world rose 15.65 percent, from $103.6 billion to $119.81 billion through the first 11 months of 2017 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 $3.55 trillion, with exports at $1.41 trillion and imports at $2.14 trillion. The nation’s total trade increased 6.62 percent compared to the same period last year. Exports rose 6.27 percent and imports rose 6.86 percent.
Port of Houston ranked No. 7 for total trade among the nation’s roughly 450 airports, seaports and border crossings through November of 2017. During the same period of 2016 it ranked No. 8. It finished No. 8 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 five 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 five spots 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 26.69 percent to $12.31 billion.
Exports rose 26.57 percent to $6.73 billion. Imports rose 26.83 percent to $5.58 billion.
- Trade with No. 2 China rose 26.73 percent to $11.91 billion.
Exports rose 20.51 percent to $4.16 billion. Imports rose 30.34 percent to $7.75 billion.
- Trade with No. 3 Brazil rose 16.66 percent to $8.32 billion.
Exports rose 17.76 percent to $5.54 billion. Imports rose 14.53 percent to $2.77 billion.
- Trade with No. 4 Germany fell 0.5 percent to $6.39 billion.
Exports rose 8.47 percent to $1.54 billion. Imports fell 3.05 percent to $4.85 billion.
- Trade with No. 5 The Netherlands rose 5.6 percent to $5.36 billion.
Exports rose 2.22 percent to $4.18 billion. Imports rose 19.67 percent to $1.18 billion.
Port of Houston’s top five trading partners through November accounted for 36.96 percent of its trade with the world.
Port of Houston had trade surpluses with 152 countries and deficits with 62 through November. That compares with 151 surpluses and 58 deficits for the same period one year earlier. The top three surpluses through November of this year were with The Netherlands, $3 billion; Brazil, $2.77 billion; and Japan, $2.71 billion. The top three deficits through November of this year were with China, $3.59 billion; Germany, $3.3 billion; and Italy, $1.99 billion.
Top Exports from Port of Houston
Total Exports: $65.16 billion
|1||Gasoline, other fuels||$16,355,623,011|
|2||Petroleum gases, other gaseous hydrocarbons||$7,303,664,838|
|6||Ethers, ether-alcohols, alcohol peroxides etc.||$1,910,313,192|
|9||Polymers of vinyl chloride||$873,928,960|
|10||Parts for heavy machinery||$872,354,051|
January – November 2017
Top Imports from Port of Houston
Total Imports: $54.65 billion
|2||Gasoline, other fuels||$4,211,809,606|
|3||Motor vehicles for transporting people||$2,690,994,954|
|4||Seamless iron tubes and pipes||$2,047,078,270|
|5||Iron and steel pipes and tubing||$1,651,068,608|
|7||Taps, cocks and valves for pipes, tanks||$802,800,737|
|8||Exports returned, without change||$735,084,839|
Through November it’s top five exports by value November were Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Plastics; Oil; and Cyclic hydrocarbons, in that order. Those accounted for 47.5 percent of its total outbound trade. The value of the Port’s top five imports November were Oil; Gasoline, other fuels; Motor vehicles for transporting people; Seamless iron tubes and pipes; and Iron and steel pipes and tubing, accounted for 35.33 percent of all inbound shipments.
Looking more closely at Port of Houston’s exports:
- Gasoline, other fuels rose 25.48 percent compared to last year to $16.36 billion.
- Petroleum gases, other gaseous hydrocarbons rose 48.9 percent compared to last year to $7.3 billion.
- Plastics rose 3.06 percent compared to last year to $2.78 billion.
- Oil rose 175.99 percent compared to last year to $2.56 billion.
- Cyclic hydrocarbons fell 1.41 percent compared to last year to $1.95 billion.
On the import side:
- Oil rose 19.13 percent compared to last year to $8.71 billion.
- Gasoline, other fuels rose 16.82 percent compared to last year to $4.21 billion.
- Motor vehicles for transporting people fell 0.56 percent compared to last year to $2.69 billion.
- Seamless iron tubes and pipes rose 106.71 percent compared to last year to $2.05 billion.
- Iron and steel pipes and tubing rose 262.76 percent compared to last year to $1.65 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 region’s top five partners were Canada, Iceland, Germany, United Kingdom and The Netherlands. Exports totaled $63.32 billion and imports came to $49.76 billion.