Port Lavaca, Tx

Overview: In January 2021 Port Lavaca, TX exported $69.7M and imported $8.66M, resulting in a positive trade balance of $61M. Between January 2020 and January 2021 the exports of Port Lavaca, TX have decreased by $-14.3M (-17%) from $84M to $69.7M, while imports increased by $3.8M (78.2%) from $4.86M to $8.66M.

Trade: In January 2021, the top exports of Port Lavaca, 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 Lavaca, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).

Destinations: In January 2021, Port Lavaca, TX exported mostly to South Korea ($13.6M), Taiwan ($13.2M), Mexico ($11.2M), Brazil ($6.1M), and India ($6.05M), and imported mostly from Trinidad and Tobago ($8.64M), Italy ($24.8k), China ($0), and Japan ($0).

Growth: In January 2021, the decrease in Port Lavaca, 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 increase in Port Lavaca, TX's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).