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Among top Texas ‘ports,’ only two outperforming national average monthly, YTD

Here’s the measuring stick:

0.38 percent: 
Amount U.S. trade was off for the month of November, when compared to the previous December, according to U.S. data released last week. (Far better than the 29.84 percent decline in May.)

11.12 percent: 
Amount U.S. trade is off year-to-date.

Now let’s see how most of Texas’ leading border crossings, seaports and airports compare.

Port Laredo: (Outperform/Underperform) Overall trade was up 5.34 percent when compared to the previous November, far better than the national average, a 0.38 percent decline. On the year, Port Laredo trade is down 12.85 percent, slight underperforming the national average of an 11.12 percent decline. Rank among nation’s more than 450 airports, seaports and border crossings: No. 3. (Page open, with City of Laredo sponsorship. For more detailed information on Port Laredo trade, sign up for the Port Laredo Trade Talk newsletter by clicking here.)

Port of Houston: (Underperform/Underperform) The other Texas port among the nation's top 10 airports, seaports and border crossings, it saw a 10.22 percent decline in the value of its trade in November and its trade is off 20.53 percent for the year. National rank: No. 8.

Dallas-Fort Worth International Airport: (Underperform/Underperform) The state’s leading airport for international trade was off 17.67 percent in November, when compared to the same month a year ago, and 15.85 percent year-to-date. National rank: No. 26.

Ysleta Bridge: Trade over this bridge had previously been combined with a second bridge in El Paso but data from the two bridges began being counted separately in early 2020 so a comparison to 2019 is not possible. For the month of November, it ranked No. 22.

Pharr International Bridge: (Outperform/Underperform) Overall trade increased 6.96 percent when compared to the previous November but remains down 11.38 percent on the year, slightly underperforming the national average. National rank: No. 29. (Page open, with City of Pharr sponsorship.)

Port of Corpus Christi: (Underperform/Outperform) Bucking the trend, total trade is down 21.65 percent in November, up 8.41 percent for the first 11 months of the year. National rank: No. 30.

⭐Eagle Pass: (Outperform/Outperform) Up 6.70 percent in the month of November, down 7.84 percent through November. National rank: No. 31.

Brownsville: (Underperform/Outperform) Cameron County’s bridges were down 5.54 percent and 9.17 percent through November. National rank: No. 45.

⭐Port Freeport: (Outperform/Outperform) Total trade up 9.35 percent in November, compared to the same month in 2019, and off 4.13 percent for the first 11 months of the year. National rank: No. 54.

Port Arthur: (Outperform/Underperform) Total trade up 4.07 percent in November, off 40.77 percent through November. National rank: No. 56.

Houston International Airport: (Outperform/Underperform) Total trade down 32.96 percent in November, down 32.96 percent through the first 11 months of 2020. National rank: No. 68.

Trade Matters: Fruit, vegetable imports strong, food lines long 

One of the ironies of U.S. trade this year has been that imports of fruits and vegetables as well as kitchen appliances increased in the latter half of 2020, even as food lines seemed to proliferate around the country. WorldCity President Ken Roberts explains in a two-minute video.

Coming next month: Annual trade data

At ustradenumbers.com, you will find annual trade date for 2020 released in early February. In addition to 2020 data for the ports listed above, you will find the latest data for all other U.S. airports, seaports and border crossings as well as more than 200 countries and more than 1,800 specific export and import products.

Trade Trends: Experts on 2020 trade trends, Mexico, China

Register today for our Trade Trends webinar just days after the release of the 2020 annual trade statistics.

The free webinar is from 11 a.m. to noon est., Tuesday, Feb. 9. You will get a rundown on the top trends in U.S. trade for 2020 and a look into 2021, led by WorldCity President Ken Roberts, a regular contributor at Forbes.com and former two-term member of the Federal Reserve’s Trade and Transportation Advisory Panel. 

There are also two additional highly qualified  speakers on U.S. trade with Mexico and China:

Kelly Ann Shaw, partner at Hogan Lovells is former head of the White House Office of International Economic Affairs, with a key role in the U.S.-Mexico-Canada Agreement,  and the Phase 1 China agreement. Ms. Shaw also served as Assistant General Council for the United States Trade Representative and Deputy Director for the National Economic Council. She also served as a lead lawyer, negotiator, and adviser in other important international negotiations, including the Trans-Pacific Partnership.
Edward Alden, a senior fellow at the Council on Foreign Relations, with a specialty in trade, China and competitiveness. He is the author of the book Failure to Adjust: How Americans Got Left Behind in the Global Economy. He has appeared on or been interviewed by the BBC, CNN, Fox News, MSNBC, NPR, and PBS NewsHour. His work has been published in Foreign Affairs, Foreign Policy, Fortune, the Los Angeles Times, New York Times, Toronto Globe and Mail, Wall Street Journal, and Washington Post.

TradeNumbers: Download Port Laredo, Houston International Airport, Pharr, Eagle Pass, Cameron County TradeNumbers

Soon, we will be hard at work on the 2021 TradeNumbers publications for Port Laredo and Pharr but if you don’t have a copy of the 2020 version of those or Eagle Pass, Cameron Country or Houston International Airport, you could. PDF download is free. Printed versions are moderately priced.

Click here to download a free PDF of this and many other publications. 

Broaden your horizons, your friends’ horizons

Forward this to a friend or two. Let them sign up to receive this monthly Trade Talks newsletter. You can visit there yourself and sign up for our U.S. Trade Talk, South Florida Trade Talk or Port Laredo Trade Talk.

To learn more about WorldCity’s products and services, visit here. To learn about sponsoring this monthly newsletter, contact us at info@ustradenumbers.com.

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