Overview: In January 2021 Texas City, TX exported $420M and imported $281M, resulting in a positive trade balance of $140M. Between January 2020 and January 2021 the exports of Texas City, TX have decreased by $-295M (-41.3%) from $716M to $420M, while imports increased by $104M (58.9%) from $177M to $281M.
Trade: In January 2021, the top exports of Texas City, 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 Texas City, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Texas City, TX exported mostly to Mexico ($163M), Brazil ($105M), India ($40.8M), Colombia ($21.8M), and China ($21.6M), and imported mostly from Mexico ($226M), Russia ($48.3M), Taiwan ($2.58M), Brazil ($2.3M), and Japan ($1.37M).
Growth: In January 2021, the decrease in Texas City, TX's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 Texas City, 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%).