Hidalgo, Pharr, TX

Overview In September 2024 Hidalgo, Pharr, TX exported $1.21B and imported $2.59B, resulting in a negative trade balance of $1.38B. Between September 2023 and September 2024 the exports of Hidalgo, Pharr, TX have decreased by $-178M (-12.9%) from $1.38B to $1.21B, while imports increased by $101M (4.06%) from $2.49B to $2.59B.

Trade In September 2024, the top exports of Hidalgo, Pharr, TX were Refined Petroleum ($155M), Petroleum Gas ($122M), Pig Meat ($52.3M), Insulated Wire ($47.2M), and Motor vehicles; parts and accessories (8701... ($42.7M). In September 2024 the top imports of Hidalgo, Pharr, TX were Video Displays ($179M), Tropical Fruits ($178M), Insulated Wire ($175M), Medical Instruments ($116M), and Motor-working Tools ($107M).

Destinations In September 2024, Hidalgo, Pharr, TX exported mostly to Mexico ($1.2B), Guatemala ($1.22M), United Kingdom ($604k), China ($91.6k), and Netherlands ($86.6k), and imported mostly from Mexico ($2.43B), Japan ($51.6M), China ($35.9M), Malaysia ($23.1M), and Vietnam ($6.38M).

Growth In September 2024, the decrease in Hidalgo, Pharr, TX's year-by-year exports was explained primarily by an decrease in exports to Mexico ($-178M or -12.9%), Costa Rica ($-981k or -98.5%), and Saudi Arabia ($-400k or -100%), and product exports decrease in Refined Petroleum ($-89.6M or -36.6%), Excavation Machinery ($-51.1M or -80.4%), and Petroleum Gas ($-30.7M or -20.1%). In September 2024, the increase in Hidalgo, Pharr, TX's year-by-year imports was explained primarily by an increase in imports from Mexico ($61.1M or 2.58%), Malaysia ($21.2M or 1.08k%), and Japan ($10.5M or 25.7%), and product imports increase in Insulated Wire ($53.4M or 43.8%), Motor-working Tools ($45.6M or 74.1%), and Electrical Transformers ($41.9M or 183%).