Top Exports From HoustonTotal Exports From Houston: $105,547,174,042
|Rank||Commodity||Total YTD Exports|
|1||Gasoline, other fuels||$34,112,062,839|
|3||Petroleum gases, other gaseous hydrocarbons||$3,599,268,182|
|4||Parts for heavy machinery||$3,470,188,815|
|6||Ethers, ether-alcohols, alcohol peroxides etc.||$2,240,826,788|
|8||Taps, cocks and valves for pipes, tanks||$1,586,435,249|
|9||Pumps for dispensing liquids||$1,299,211,756|
Top Imports To HoustonTotal Imports To Houston: $103,829,181,190
|Rank||Commodity||Total YTD Imports|
|2||Gasoline, other fuels||$11,802,654,595|
|3||Seamless iron tubes and pipes||$2,929,151,397|
|4||Motor vehicles for transporting people||$2,067,024,307|
|6||Iron and steel pipes and tubing||$1,687,695,108|
|8||Taps, cocks and valves for pipes, tanks||$1,423,176,330|
|9||Vegetable extracts, pectates, agar, etc.||$1,369,884,435|
|10||Imports of returned exports||$1,073,609,840|
Top Houston Trading PartnersTotal Houston trade: $209,376,355,232
Top US Trading PartnersTotal U.S. trade for all countries: $3,207,555,113,391
Houston’s trade decreases -9.58 percent through October
Houston’s trade with the world rose to $209.38 billion through the first 10 months of 2013, according to WorldCity analysis of the latest U.S. Census Bureau data. That’s a -9.58 percent decrease over the Customs district’s total trade during the same time period last year. The district’s exports increased 0.67 percent while imports dropped -18.06 percent.
Through October the district’s top trade partners were No. 1 Mexico, No. 2 Venezuela, No. 3 Brazil, No. 4 Saudi Arabia and No. 5 China. Through the first 10 months of the last year, top five spots were held by Mexico, Venezuela, Saudi Arabia, Brazil and China, respectively.
Taking a closer look at the leading trade partners with Houston:
- No.1 Mexico’s trade fell -12.12 percent to $22.52 billion.
Exports fell -5.24 percent to $10.78 billion. Imports fell -17.61 percent to $11.74 billion.
- No.2 Venezuela’s trade fell -26.65 percent to $12.91 billion.
Exports fell -16.28 percent to $4.34 billion. Imports fell -30.99 percent to $8.56 billion.
- No.3 Brazil’s trade fell -5.73 percent to $11.65 billion.
Exports rose 9.83 percent to $8.12 billion. Imports fell -28.94 percent to $3.52 billion.
- No.4 Saudi Arabia’s trade fell -15.28 percent to $11.37 billion.
Exports fell -4.33 percent to $2.42 billion. Imports fell -17.83 percent to $8.94 billion.
- No.5 China’s trade rose 1.47 percent to $10.77 billion.
Exports rose 17.10 percent to $3.31 billion. Imports fell -4.20 percent to $7.46 billion.
Houston’s top five trading partners through October accounted for 33.06 percent of its trade with the world. The U.S. average for the same period was 53.47 percent.
Houston had trade surpluses with 148 countries and deficits with 67 through October. That compares with 147 surpluses and 67 deficits for the same period one year earlier. The top three surpluses through October of this year were with Netherlands, $5.12 billion; Brazil, $4.6 billion; and Chile, $3.75 billion. The top three deficits were with Saudi Arabia ($6.52 billion), Venezuela ($4.22 billion) and Russia ($4.21 billion).
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.
Houston’s top five exports by value through October were gasoline, other fuels; cyclic hydrocarbons; petroleum gases, other gaseous hydrocarbons; parts for heavy machinery; and plastics, in that order. Those accounted for 45.30 percent of its total outbound trade. The value of the district’s top five imports, oil; gasoline, other fuels; seamless iron tubes and pipes; motor vehicles for transporting people; and computer chips, accounted for 60.58 percent of all inbound shipments.
Looking more closely at Houston exports:
- Gasoline, other fuels fell -1.32 percent compared to last year, to $34.11 billion.
- Cyclic hydrocarbons rose 11.87 percent compared to last year, to $3.9 billion.
- Petroleum gases, other gaseous hydrocarbons rose 58.71 percent compared to last year, to $3.6 billion.
- Parts for heavy machinery fell -14.02 percent compared to last year, to $3.47 billion.
- Plastics rose 18.60 percent compared to last year, to $2.73 billion.
On the import side:
- Oil fell -27.76 percent compared to last year, to $44.26 billion.
- Gasoline, other fuels rose 0.02 percent compared to last year, to $11.8 billion.
- Seamless iron tubes and pipes fell -26.24 percent compared to last year, to $2.93 billion.
- Motor vehicles for transporting people fell -12.59 percent compared to last year, to $2.07 billion.
- Computer chips fell -25.80 percent compared to last year, to $1.84 billion.
Last year the Houston district posted total trade with the world of $274.26 billion. The district’s deficit was $20.03 billion. At the end of the year, the region’s top five partners were Mexico, Venezuela, Saudi Arabia, Brazil and China. Exports totalled $127.12 billion and imports came to $147.15 billion.