Port Arthur, Tx

District in Texas, State of United States

2019
Economic
Complexity
: -0.66, Rank 39 of 39

Jan 2021
Trade
Exports | Imports
: $2.29B | $658M, 16 of 43 | 38 of 42

Jan 2021
Country
Destination | Origin
: South Korea | Canada , $292M  | $185M

Jan 2021
Product
Exports | Imports
: Petroleum Gas | Crude Petroleum , $1.04B  | $518M

Overview: This page contains the latest international trade data for Port Arthur, TX, including export and import data.

Exports: In 2020, United States' Port Arthur, Tx exported $20B, making it the 21st largest exporter out of the 43 exporters in United States. In 2020 the top exports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($6.47B), Natural gas, liquefied ($4.93B), Light petroleum distillates nes ($3.08B), Petroleum spirit for motor vehicles ($2.92B), and Propane, liquefied ($1.07B).

Imports: In 2020, United States' Port Arthur, Tx imported $6.68B, making it the 39th largest importer out of the 43 importers in United States. In 2020 top imports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($5.42B), Light petroleum distillates nes ($472M), Parts of hydraulic/pneumatic/other power engines ($209M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($202M), and Petroleum spirit for motor vehicles ($52.1M).

Economic Complexity: In 2019, the highest complexity exports of Port Arthur, Tx according to the product complexity index (PCI) are Cyclic Hydrocarbons (0.67), Acyclic Hydrocarbons (0.44), Ethers (0.11), Specialized Vehicles (-0.15), and Fuel Wood (-0.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between Port Arthur, TX's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

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Yearly Exports

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Top Destination (2020): Mexico, $2.16B

Top Product (2020): Petroleum oils, oils from bituminous minerals,..., $6.47B

In 2020 the top export destinations of Port Arthur, Tx were Mexico ($2.16B), Canada ($1.68B), South Korea ($1.54B), China ($1.18B), and India ($1.12B).

In 2020 the top exports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($6.47B), Natural gas, liquefied ($4.93B), Light petroleum distillates nes ($3.08B), Petroleum spirit for motor vehicles ($2.92B), and Propane, liquefied ($1.07B).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Top Origin (2020): Saudi Arabia, $1.98B

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., $5.42B

In 2020 the top import origins of Port Arthur, Tx were Saudi Arabia ($1.98B), Mexico ($1.56B), Canada ($1.4B), Russia ($579M), and Brazil ($384M).

In 2020 the top imports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($5.42B), Light petroleum distillates nes ($472M), Parts of hydraulic/pneumatic/other power engines ($209M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($202M), and Petroleum spirit for motor vehicles ($52.1M).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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Port Arthur, Tx ranks 39th out of the 43 districts in United States according to ECI.

Estimated using exports data.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Port Arthur, Tx already has a comparative advantage, are led by Coal Briquettes (0.028), Sulfuric Acid (0.022), Sulfate Chemical Woodpulp (0.02), Wheat (0.019), and Planes, Helicopters, and/or Spacecraft (0.019).

Most Complex Products by PCI

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The highest complexity exports of Port Arthur, Tx according to the product complexity index (PCI) are Cyclic Hydrocarbons (0.67), Acyclic Hydrocarbons (0.44), Ethers (0.11), Specialized Vehicles (-0.15), and Fuel Wood (-0.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Alcohol > 80% ABV (20.4), Ethers (16.2), Petroleum Coke (13.5), Crude Petroleum (9.78), and Acyclic Alcohols (7.26).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Port Arthur, Tx is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Port Arthur, Tx. These are products that tend to be co-exported with the products that Port Arthur, Tx exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.