Port Arthur, TxDistrict 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.
Overview: In January 2021 Port Arthur, TX exported $2.29B and imported $658M, resulting in a positive trade balance of $1.64B. Between January 2020 and January 2021 the exports of Port Arthur, TX have decreased by $-345M (-13.1%) from $2.64B to $2.29B, while imports decreased by $-186M (-22.1%) from $844M to $658M.
Trade: In January 2021, the top exports of Port Arthur, TX were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Port Arthur, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Port Arthur, TX exported mostly to South Korea ($292M), Mexico ($221M), Japan ($206M), China ($178M), and Canada ($178M), and imported mostly from Canada ($185M), Saudi Arabia ($172M), Russia ($118M), Mexico ($97.5M), and Brazil ($32.4M).
Growth: In January 2021, the decrease in Port Arthur, TX's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the decrease in Port Arthur, TX's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).
EXPORT GROWTH (January 2020 - January 2021): $-345M, (-13.1%)
IMPORT GROWTH (January 2020 - January 2021): $-186M, (-22.1%)
This section shows exports and imports data at subnational level for Port Arthur, TX. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Port Arthur, TX over time.
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.
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).
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).
Fastest Growing Import Origins (Jan 2020 - Jan 2021)
Rapidly Declining Import Origins (Jan 2020 - Jan 2021)
Port Arthur, Tx ranks 39th out of the 43 districts in United States according to ECI.
Estimated using exports data.
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).
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.
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.
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.
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