International trade at Texas ports falls sharply

International trade at Texas ports falls sharply

Looks like the Corona virus has still crippled international trade.

Most ports across Texas saw steep declines in imports from Mexico and other countries as the coronavirus continues to impact international trade.

Trade at the Port of El Paso plunged 49%, from $39 billion to $20 billion through the first six months of 2020 when compared to the same period in 2019, according to WorldCity analysis of U.S. Census Bureau data.

Port Laredo’s trade fell 23% to $90 billion through the first six months of the year, while trade at the Port of Houston fell 20% to $64 billion.

Port Laredo ranked fourth for total trade among the nation’s roughly 450 airports, seaports and border crossings, according to WorldCity. The Port of Los Angeles ranked first.

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