Port Arthur, Tx

Overview: In January 2021 Port Arthur, TX exported $490M and imported $598M, resulting in a negative trade balance of $107M. Between January 2020 and January 2021 the exports of Port Arthur, TX have decreased by $-58.1M (-10.6%) from $548M to $490M, while imports decreased by $-119M (-16.6%) from $717M to $598M.

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 Canada ($159M), Mexico ($57.8M), Peru ($51M), Chile ($39.6M), and Haiti ($30.5M), and imported mostly from Canada ($185M), Saudi Arabia ($172M), Russia ($118M), Mexico ($45.8M), 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%).