Laredo, TX

Overview In September 2024 Laredo, TX exported $10.6B and imported $18.7B, resulting in a negative trade balance of $8.1B. Between September 2023 and September 2024 the exports of Laredo, TX have increased by $258M (2.5%) from $10.3B to $10.6B, while imports increased by $2B (12%) from $16.7B to $18.7B.

Trade In September 2024, the top exports of Laredo, TX were Motor vehicles; parts and accessories (8701... ($1.06B), Electric Batteries ($449M), Cars ($317M), Refined Petroleum ($299M), and Combustion Engines ($273M). In September 2024 the top imports of Laredo, TX were Motor vehicles; parts and accessories (8701... ($2.26B), Computers ($1.89B), Cars ($1.58B), Delivery Trucks ($1.02B), and Telephones ($870M).

Destinations In September 2024, Laredo, TX exported mostly to Mexico ($10.6B), Nicaragua ($10.6M), Japan ($1.12M), Guatemala ($1.02M), and Panama ($965k), and imported mostly from Mexico ($18B), China ($134M), France ($96.8M), Thailand ($67.8M), and Japan ($60.3M).

Growth In September 2024, the increase in Laredo, TX's year-by-year exports was explained primarily by an increase in exports to Mexico ($245M or 2.38%), Nicaragua ($10.6M or 308k%), and Panama ($820k or 567%), and product exports increase in Electric Batteries ($382M or 577%), Cars ($107M or 50.6%), and Delivery Trucks ($67.2M or 226%). In September 2024, the increase in Laredo, TX's year-by-year imports was explained primarily by an increase in imports from Mexico ($1.92B or 11.9%), Thailand ($29.9M or 78.8%), and Malaysia ($28.8M or 187%), and product imports increase in Computers ($1.36B or 254%), Telephones ($410M or 89.3%), and Delivery Trucks ($357M or 53.5%).