Houston Stays Top in Brazil Container Trade

Press Release
Thursday, May 09, 2013
Photo credit Port of Houston

The Port of Houston maintains its position as Brazil's largest U.S. seaborne trade partner by value and weight, newly
compiled statistics show.


From 2010 to 2012, the Port of Houston Authority (PHA) handled a total of 311,314 twenty-foot equivalent units of trade with Brazil. In 2012, PHA's market share was 17 percent of the total trade with Brazil, according to statistics compiled from the Journal of Commerce's PIERS data.

Brazil is South America's largest economy and has shown potential forfurther growth. Houston's trade with Brazil has increased due to U.S. manufactured goods, such as synthetic resins, being exported out of Houston. Further trade growth could be expected, based on planned expansion projects in Houston that will increase ethylene production for export.

Machine parts, motor cars, plastic resins, coffee and granite are among Brazil's main imports and exports with the Port of Houston Authority.

In addition, Brazil is Texas' fourth-largest export market. The Port of Houston's economic activity helps keep Texas the nation's top exporting state. For the past 11 years, Texas has outpaced the rest of the nation in exports. In 2012, Texas exports totaled $265 billion, up by 5.4 percent from 2011, according to annual trade data from the U.S. Department of Commerce.
 

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ABS' Tikka Elected Foreign Member of NAE

ABS, a provider of classification services to the global marine and offshore industries, announced the election of ABS Europe and Africa Division President Dr.

Ellicott Takes On Rohr-Idreco Line in Latin America

Ellicott Dredges LLC & Rohr-Idreco Dredge Systems, which are owned by Ellicott Dredge Enterprises, LLC, has  announced that Ellicott's Latin American Sales Manager,

Beacon Finland Appoints Rio Marine for US Support

Beacon Finland, a maritime-related firm engaged in naval architecture, marine engineering and equipment, has appointed Rio Marine to service its JAK-ATB coupling systems in the U.

Ports

US Corn, Wheat Supplies to Rise as Exports Wane

U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to cuts to already weak demand for U.S. supplies on the export market,

Containers to Be Weighed Before Departure

In a new measure aiming to minimize the number of shipping accidents, packed containers intended to be carried on international sea voyages must be weighed before being loaded, starting July 1, 2016.

Saudi Arabia, Bahrain Ban Iranian Ships From Ports

Saudi Arabia and Bahrain have banned Iranian-flagged vessels from entering their waters and imposed other shipping restrictions, according to ship insurers citing local reports,

Logistics

US Corn, Wheat Supplies to Rise as Exports Wane

U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to cuts to already weak demand for U.S. supplies on the export market,

Containers to Be Weighed Before Departure

In a new measure aiming to minimize the number of shipping accidents, packed containers intended to be carried on international sea voyages must be weighed before being loaded, starting July 1, 2016.

Saudi Arabia, Bahrain Ban Iranian Ships From Ports

Saudi Arabia and Bahrain have banned Iranian-flagged vessels from entering their waters and imposed other shipping restrictions, according to ship insurers citing local reports,

 
 
Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0874 sec (11 req/sec)