Freeport, TX

Overview In January 2024 Freeport, TX exported $1.1B and imported $459M, resulting in a positive trade balance of $637M. Between January 2023 and January 2024 the exports of Freeport, TX have increased by $462M (72.9%) from $634M to $1.1B, while imports decreased by $-51.2M (-10%) from $510M to $459M.

Trade In January 2024, the top exports of Freeport, TX were Petroleum Gas ($579M), Cars ($193M), Crude Petroleum ($118M), Acyclic Hydrocarbons ($58.8M), and Refined Petroleum ($39.9M). In January 2024 the top imports of Freeport, TX were Crude Petroleum ($103M), Cranes ($54.8M), Large Construction Vehicles ($50.4M), Cars ($44.7M), and Refined Petroleum ($40M).

Destinations In January 2024, Freeport, TX exported mostly to Saudi Arabia ($92.7M), Japan ($84.9M), Indonesia ($74.5M), South Korea ($68.1M), and United Arab Emirates ($58.5M), and imported mostly from Brazil ($75.7M), Venezuela ($60.5M), Japan ($57.4M), Germany ($52.6M), and Colombia ($43.5M).

Growth In January 2024, the increase in Freeport, TX's year-by-year exports was explained primarily by an increase in exports to Indonesia ($42.1M or 85.8%), Mexico ($17M or 36.9%), and Bahrain ($3.69M or 124%), and product exports increase in Epoxides ($6.82M or 209%), Special purpose motor vehicles ($6.18M or 854%), and Motor vehicles; parts and accessories (8701... ($2.13M or 92.2%). In January 2024, the decrease in Freeport, TX's year-by-year imports was explained primarily by an decrease in imports from Romania ($-23.9M or -71.2%), China ($-21.6M or -69.2%), and India ($-2.07M or -42.6%), and product imports decrease in Steel Ingots ($-13.3M or -41.2%), Excavation Machinery ($-1.26M or -90.8%), and Stone Processing Machines ($-530k or -40.6%).