Top Exports From El PasoTotal Exports From El Paso: $33,429,445,914
|Rank||Commodity||Total YTD Exports|
|4||Insulated wire, cable||$1,051,029,698|
|5||Electrical supplies, apparatus, less than 1000V||$926,027,497|
|6||Landline, cellular phone equipment||$853,569,822|
|7||Motor vehicles for transporting people||$714,198,734|
|8||Medical instruments for surgeons, dentists, vets||$677,351,370|
|9||Parts for cellular communications||$645,021,897|
|10||Motor vehicle parts||$623,362,703|
Top Imports To El PasoTotal Imports To El Paso: $43,938,777,223
|Rank||Commodity||Total YTD Imports|
|2||TVs, computer monitors||$3,107,063,885|
|3||Insulated wire, cable||$3,040,684,217|
|4||Landline, cellular phone equipment||$3,029,578,301|
|5||Motor vehicles for transporting people||$2,400,441,638|
|6||Medical instruments for surgeons, dentists, vets||$1,361,435,263|
|7||Seats, excluding barber, dental||$1,335,902,754|
|8||Motor vehicle parts||$1,205,657,996|
|10||Internal combustion piston engines, including airc||$780,804,033|
Top El Paso Trading PartnersTotal El Paso trade: $77,368,223,137
Top US Trading PartnersTotal U.S. trade for all countries: $3,207,555,113,391
El Paso’s trade increases 1.34 percent through October
El Paso’s trade with the world rose to $77.37 billion through the first 10 months of 2013, according to WorldCity analysis of the latest U.S. Census Bureau data. That’s a 1.34 percent increase over the Customs district’s total trade during the same time period last year. The district’s exports increased 3.33 percent while imports dropped -0.11 percent.
Through October the district’s top trade partners were No. 1 Mexico, No. 2 China, No. 3 Taiwan, No. 4 Thailand and No. 5 Germany. Through the first 10 months of the last year, top five spots were held by Mexico, China, Germany, Taiwan and Japan, respectively.
Taking a closer look at the leading trade partners with El Paso:
- No.1 Mexico’s trade rose 0.08 percent to $72.91 billion.
Exports rose 3.43 percent to $33.37 billion. Imports fell -2.59 percent to $39.53 billion.
- No.2 China’s trade rose 11.62 percent to $2.05 billion.
Exports fell -19.54 percent to $12.06 million. Imports rose 11.87 percent to $2.04 billion.
- No.3 Taiwan’s trade rose 105.72 percent to $384.98 million.
Exports fell -86.74 percent to $615,502. Imports rose 110.62 percent to $384.36 million.
- No.4 Thailand’s trade rose 292.50 percent to $296.63 million.
Exports fell -49.53 percent to $509,335. Imports rose 297.13 percent to $296.12 million.
- No.5 Germany’s trade rose 36.41 percent to $290.5 million.
Exports fell -80.94 percent to $1.93 million. Imports rose 42.26 percent to $288.57 million.
El Paso’s top five trading partners through October accounted for 98.14 percent of its trade with the world. The U.S. average for the same period was 53.47 percent.
El Paso had trade surpluses with 17 countries and deficits with 89 through October. That compares with 21 surpluses and 102 deficits for the same period one year earlier. The top three surpluses through October of this year were with United Arab Emirates, $2.4 million; Russia, $855,941; and Montserrat, $476,769. The top three deficits were with Mexico ($6.16 billion), China ($2.02 billion) and Taiwan ($383.75 million).
Meanwhile, total U.S. trade increased to $3.21 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.80 percent to $25.52 billion as imports dropped -0.24 percent to $7.72 billion. The nation’s top five trade districts so far this year, by value, are Los Angeles, New York City, Laredo, Houston and Detroit. The overall trade deficit was $585.17 billion, down compared to the same period of last year when the deficit was $618.4 billion.
El Paso’s top five exports by value through October were computer parts; computers; computer chips; insulated wire, cable; and electrical supplies, apparatus, less than 1000v, in that order. Those accounted for 38.13 percent of its total outbound trade. The value of the district’s top five imports, computers; tvs, computer monitors; insulated wire, cable; landline, cellular phone equipment; and motor vehicles for transporting people, accounted for 49.86 percent of all inbound shipments.
Looking more closely at El Paso exports:
- Computer parts rose 9.11 percent compared to last year, to $7.24 billion.
- Computers fell -1.03 percent compared to last year, to $2 billion.
- Computer chips rose 12.73 percent compared to last year, to $1.53 billion.
- Insulated wire, cable rose 2.95 percent compared to last year, to $1.05 billion.
- Electrical supplies, apparatus, less than 1000V rose 9.47 percent compared to last year, to $926.03 million.
On the import side:
- Computers fell -10.43 percent compared to last year, to $10.33 billion.
- TVs, computer monitors fell -19.38 percent compared to last year, to $3.11 billion.
- Insulated wire, cable fell -1.18 percent compared to last year, to $3.04 billion.
- Landline, cellular phone equipment rose 94.81 percent compared to last year, to $3.03 billion.
- Motor vehicles for transporting people rose 12.64 percent compared to last year, to $2.4 billion.
Last year the El Paso district posted total trade with the world of $90.31 billion. The district’s deficit was $13.69 billion. At the end of the year, the region’s top five partners were Mexico, China, Germany, Japan and Taiwan. Exports totalled $38.31 billion and imports came to $52 billion.