Port Arthur, TxDistrict in Texas, state of United States
Exports (2019): $30.6B, Rnk 16/43
Top Destination (2019): $3.81B, Canada
Top Export (2019): $16.2B, Petroleum oils, oils from bituminous minerals,...
Imports (2019): $10.6B, Rnk 35/43
Top Origin (2019): $2.75B, Mexico
Top Import (2019): $8.65B, Petroleum oils, oils from bituminous minerals,...
Economic Complexity (2019): -0.45, Rnk 39 / 43
Overview: This page contains the latest international trade data for Port Arthur, TX, including export and import data.
Exports: In 2019, United States' Port Arthur, Tx exported $30.6B, making it the 16th largest exporter out of the 43 exporters in United States. In 2019 the top exports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($16.2B), Light petroleum distillates nes ($5.26B), Petroleum spirit for motor vehicles ($3.17B), Natural gas, liquefied ($1.8B), and Propane, liquefied ($1.4B).
Imports: In 2019, United States' Port Arthur, Tx imported $10.6B, making it the 35th largest importer out of the 43 importers in United States. In 2019 top imports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($8.65B), Light petroleum distillates nes ($1.01B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($274M), Parts of hydraulic/pneumatic/other power engines ($180M), and Aluminium unwrought, not alloyed ($78.5M).
Economic Complexity: In 2019, the highest complexity exports of Port Arthur, Tx according to the product complexity index (PCI) are Cyclic Hydrocarbons (0.78), Armored vehicles (0.55), Acyclic Hydrocarbons (0.49), Ethers (0.28), and Specialized Vehicles (0.079). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): Canada, $3.81B
Top Product (2019): Petroleum oils, oils from bituminous minerals,..., $16.2B
In 2019 the top export destinations of Port Arthur, Tx were Canada ($3.81B), Mexico ($3.12B), South Korea ($2.07B), Chile ($1.79B), and Netherlands ($1.77B).
In 2019 the top exports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($16.2B), Light petroleum distillates nes ($5.26B), Petroleum spirit for motor vehicles ($3.17B), Natural gas, liquefied ($1.8B), and Propane, liquefied ($1.4B).
Top Origin (2019): Mexico, $2.75B
Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $8.65B
In 2019 the top import origins of Port Arthur, Tx were Mexico ($2.75B), Saudi Arabia ($2.36B), Canada ($2.14B), Russia ($787M), and Iraq ($541M).
In 2019 the top imports of Port Arthur, Tx were Petroleum oils, oils from bituminous minerals,... ($8.65B), Light petroleum distillates nes ($1.01B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($274M), Parts of hydraulic/pneumatic/other power engines ($180M), and Aluminium unwrought, not alloyed ($78.5M).
Fastest Growing Import Origins (July 2019 - July 2020)
This section shows differences between total trade from Port Arthur, TX throughout time.
This section shows forecasts for total exports and imports from Port Arthur, TX. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
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 (0.026), Sulfuric Acid (0.021), Sulfate Chemical Woodpulp (0.02), Epoxides (0.02), and Wheat (0.018).
The highest complexity exports of Port Arthur, Tx according to the product complexity index (PCI) are Cyclic Hydrocarbons (0.78), Armored vehicles (0.55), Acyclic Hydrocarbons (0.49), Ethers (0.28), and Specialized Vehicles (0.079). 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 (15.6), Petroleum Coke (15.2), Crude Petroleum (10.6), and Armored vehicles (9.89).
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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