Statistics

Annual Report: No.13 Russia- Imports, exports, up double digits

July 6th, 2006

Although oil imports are the trade driver with Russia, business leaders see export opportunities, too.

Oil imports fueled double-digit growth in trade between Russia and Houston in 2005 and helped push the energy-producing nation to the No.13 spot on Houston’s Top Trade Partner list, up from 18 a year earlier.

Crude and refined oil accounted for more than half of Russia’s cargo into the Houston Customs District. Imports of refined oil dominated, valuing $1.2 billion in 2005, a gain of 61 percent over 2004. Crude oil imports hit $503 million, a 2 percent increase in dollar value.

Houston remained one of the top Customs districts for goods coming from and going to Russia in 2005, but fell to third place – from second – behind the New Orleans Customs District, which moved up a notch. The New Orleans district encompasses the Louisiana Offshore Oil Port in Port Fourchon, Louisiana.

Houston’s exports to Russia grew 11 percent, led by a 21 percent jump in exports of machinery parts, a 460 percent hike in special purpose motor vehicles and a 24 percent gain in moving and grading machinery and pile drivers. In addition, more than $20 million in electric generating sets and rotary converters went to Russia. None were shipped in 2004.

Because of uncertain political conditions, Russia can be a tricky market. Marathon Oil recently decided to sell its exploration and production assets in Siberia. But Halliburton recently nabbed an oil exploration and production services contract. And KEM-TRON Technologies long has sold chemicals and equipment to Russia’s energy sector.

Annual Statistics: Houston moves up to No. 4 ranked Customs district (02/13/2007)

Houston likely to be No. 4 Customs district for 2006 (01/25/2007)

Houston exports see notable increase in third quarter (12/11/2006)

Semi-annual report: Houston growth at faster clip than most (09/08/2006)

Here comes China! Imports rise 85%, catapault it to No. 3 overall (07/07/2006)

Annual Report: No. 21 Angola- Mutual benefits (07/06/2006)

Annual Report: No. 20 Japan- Houston woos and wins Japan (07/06/2006)

Annual Report: N0. 19 Norway- Symbiotic relationship (07/06/2006)

Annual Report: No. 18 Kuwait- Embracing Mideast opportunities (07/06/2006)

Annual Report: No. 2 Venezuela - Beyond the politicians (07/06/2006)

Annual Report: No. 17 Italy- From leather to nuts (07/06/2006)

Annual Report: No. 16 France- Outpaced by oil-rich nations (07/06/2006)

Annual Report: No. 3 Nigeria - Oil lubricates market (07/06/2006)

Annual Report: No. 15 Colombia- Coffee perks up trade (07/06/2006)

Annual Report: No. 14 Belgium- Scoring with petrochemicals (07/06/2006)

Annual Report: No.13 Russia- Imports, exports, up double digits (07/06/2006)

Annual Report: No. 4 China - Trade skyrockets (07/06/2006)

Annual Report: No. 12 South Korea- Fine-tuning a trade balance (07/06/2006)

Annual Report: No. 11 Iraq- Rebuilding Iraq thanks to oil (07/06/2006)

Annual Report: No. 5 United Kingdom - Setting a fast pace in trade (07/06/2006)

Annual Report: No. 10 Algeria- Algeria ties its fortunes to oil (07/06/2006)

Annual Report: No. 6 Germany - Cars add to spark-fired trade (07/06/2006)

Annual Report: No. 9 The Netherlands- Getting a line to Europe (07/06/2006)

Annual Report: No. 7 Saudi Arabia (07/06/2006)

Annual Report: No. 8 Brazil- New U.S. gateway for Brazil (06/14/2006)

1Q: China, Algeria, Colombia lead way as trade increases 14% (06/02/2006)

Houston is the nation's fastest growing Customs district for 2005, with a 30 percent gain in total import and export value (03/15/2006)

Houston's trade surges
No surprise - it's all about the price of oil (01/01/2006)