Port Laredo
Dashboard
Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
Current RankAmong U.S. airports, seaports, border crossings
Rank 2023
Port Laredo’s trade down 2.88 percent in March from last March
Trade at Port Laredo for the month of March decreased 2.88 percent from the same month one year ago and was up 2.7 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.
Breaking it down, exports decreased 4.63 percent compared to the same month in the previous year and were down 1.34 percent from the previous month. Imports decreased -1.79 percent compared to the same month in the previous year and grew 5.29 percent when compared to the previous month.
Port Laredo Trade Same Month, Year over Year
Trade Snapshot
Year-to-date, Port Laredo’s trade up 2.72 percent
On a year-to-date basis, trade at Port Laredo was valued at $79.91 billion, an increase of 2.72 percent through March.
Exports totaled $31.07 billion, up 2.16 percent while imports were valued at $48.85 billion, up 3.07 percent.
The deficit at Port Laredo was $17.78 billion.
As the chart at top in the middle shows, through March, 38.88 percent of that trade at Port Laredo was an export and 61.12 percent was an import. The national average is 40.17 percent for exports and 59.83 percent for imports for the same 3 months of the year. Port Laredo ranked No. 1 by value among all of the nation’s 450-plus airports, seaports and border crossings. Ranking it just against other border crossings, it ranked No. 1 by value and No. 35 by tonnage.
Port Laredo Month-by-Month View
Here you can see the totals for exports and imports for each of the last 12 months. You can scroll over any month’s exports or imports to see the total. You can also expand or shrink the timeline to see more or fewer months.
Trade Partners
Market Share
Port Laredo World Map
Port Laredo’s trade with top trade partner Mexico has increased 2.77 percent YTD
Port Laredo’s top five trade partners accounted for 98.92 percent of its total trade through March. By way of comparison, the United States' top five trade partners accounted for 50.23 percent.
Top Trading Countries
Rank | Country | YTD |
---|---|---|
1 | Mexico | $77.95 B |
2 | China | $445.12 M |
3 | France | $320.79 M |
4 | Nicaragua | $201.93 M |
5 | Japan | $132.98 M |
6 | South Korea | $123.8 M |
7 | Thailand | $114.27 M |
8 | Taiwan | $63.83 M |
9 | Malaysia | $53.5 M |
10 | Canada | $53.01 M |
Taking a closer look at its leading trade partners:
Exports rose 2.03 percent to $31.02 billion. Imports rose 3.27 percent to $46.93 billion.
Exports rose 48.11 percent to $30,391. Imports rose 6.36 percent to $445.09 million.
There were no exports. Imports rose 0.99 percent to $320.79 million.
Exports rose 689582 percent to $34.13 million. Imports rose 8.89 percent to $167.8 million.
Exports rose 53901 percent to $2.55 million. Imports fell 27.31 percent to $130.43 million.
Port Laredo had trade surpluses with 15 countries and deficits with 97 through March. That compares with 16 surpluses and 99 deficits for the same period one year earlier. The top three surpluses through March of this year were with Moldova, $2.04 million; Panama, $608,703; and Ecuador, $558,519.The top three deficits through March of this year were with Mexico, $15.92 billion; China, $445.06 million; and France, $320.79 million.
At this time a year ago, the top five trade partners were Mexico, China, France, Nicaragua and Japan.
By tonnage, the top five trade partners year-to-date are Mexico, Lithuania, Norway, Kenya and Liechtenstein.
At this time a year ago, the top five by tonnage were Mexico, Latvia, Moldova, Nigeria and Oman.
Exports
Market Share
The most valuable Port Laredo export, Motor vehicle parts, has decreased 2.65 percent YTD
Port Laredo’s top five exports accounted for 21.35 percent of all its exports through March. By way of comparison, the United States’ top five exports accounted for 23.28 percent.
Top Exports
Rank | Commodity | YTD |
---|---|---|
1 | Motor vehicle parts | $3.76 B |
2 | Gasoline, other fuels | $917.02 M |
3 | Diesel engines | $795.21 M |
4 | Electric storage batteries | $581.81 M |
5 | Passenger vehicles | $581.33 M |
6 | Cell phones, related equipment | $483.45 M |
7 | Motor vehicle engines | $404.39 M |
8 | Corn | $402.09 M |
9 | Civilian aircraft, parts | $398.1 M |
10 | Plastics | $396.87 M |
Here’s a closer look at the top five, by value:
- Motor vehicle parts fell 2.65 percent compared to last year to $3.76 billion.
- Gasoline, other fuels fell 6.79 percent compared to last year to $917.02 million.
- Diesel engines fell 1.63 percent compared to last year to $795.21 million.
- Electric storage batteries rose 457.53 percent compared to last year to $581.81 million.
- Passenger vehicles rose 74.32 percent compared to last year to $581.33 million.
At this time a year ago, the top five exports were Motor vehicle parts; Gasoline, other fuels; Diesel engines; Passenger vehicles; and Cell phones, related equipment.
By tonnage the top five exports year-to-date are Wires, ropes, stranded; Knives, blades; Personal toiletries for shaving, etc.; Nickel waste, scrap; and Non-electric industrial, lab furnaces, ovens, parts.
At this time a year ago, the top five by tonnage were Rapeseed, colza or mustard oil; Motorboats and yachts; Woven jute fabrics; Other preserved fruits, nuts; and Speedometers and tachometers.
Imports
Market Share
The most valuable Port Laredo import, Motor vehicle parts, has increased 8.25 percent YTD
Port Laredo’s top five imports accounted for 33.8 percent of all its imports through March. By way of comparison, the United States’ top five imports accounted for 21.84 percent.
Top Imports
Rank | Commodity | YTD |
---|---|---|
1 | Motor vehicle parts | $6.61 B |
2 | Passenger vehicles | $3.1 B |
3 | Tractors | $2.55 B |
4 | Commercial vehicles | $2.45 B |
5 | Computers | $1.8 B |
6 | Insulated wire, cable | $1.49 B |
7 | Cell phones, related equipment | $1.35 B |
8 | Air-conditioning machines | $1.33 B |
9 | Electrical boards, panels and switches | $1.07 B |
10 | Seats, excluding barber, dental | $1 B |
Here’s a closer look at the top five, by value:
- Motor vehicle parts rose 8.25 percent compared to last year to $6.61 billion.
- Passenger vehicles fell 3.62 percent compared to last year to $3.1 billion.
- Tractors fell 9.02 percent compared to last year to $2.55 billion.
- Commercial vehicles rose 36.01 percent compared to last year to $2.45 billion.
- Computers rose 14.37 percent compared to last year to $1.8 billion.
At this time a year ago, the top five imports were Motor vehicle parts; Passenger vehicles; Tractors; Commercial vehicles; and Computers.
By tonnage the top five imports year-to-date are Sausages, similar meat products; Time recorders, parking meters; Special yarns, felt; Ice cream and other edible ice; and Hand sieves, riddles.
At this time a year ago, the top five by tonnage were Rapeseed, colza or mustard oil; Motorboats and yachts; Woven jute fabrics; Other preserved fruits, nuts; and Speedometers and tachometers.
Port
Market Share
By value, Port Laredo was responsible for 6.33 percent of U.S. trade through March, ranking No. 1 among all ports and No. 1 among all border crossings.
Last year Port Laredo, posted total trade with the world of $319.91 billion. The Port’s deficit was $73.54 billion. Exports totaled $123.18 billion and imports came to $196.73 billion.