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

People & Company News

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

TT Club Reports Robust Financial Results for 2015

TT Club has announced its financial results for the year ended December 31, 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year.   Knud Pontoppidan,

Ports

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

Gender Identity Spat Sinks Spending Bill

The rancorous political debate over sexual identity unexpectedly prompted the Republican-controlled House of Representatives to rejected an energy and water spending

Asia-N.Europe Box Freight Rates Soar 37 pct

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 37 percent to $720 per 20-foot container (TEU) in the week ending on Friday,

Logistics

Higher Capesize Demand Pushes up Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday buoyed by higher demand for capesize vessels.

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.0942 sec (11 req/sec)