No. 1  Port in the Nation

The Port of Laredo is the number 1 port in the nation among more than 450 airports, seaports, and border crossings with $320 billion in total trade with the world in 2023  according to the U.S. Census Bureau data analyzed by WorldCity.

  • Approximately 5,546,575 trucks crossed the border in 2022 north and southbound
  • Home to 251* freight forwarders, 656 trucking/transportation companies, and 120* U.S. Customs Brokers
  • 1 Rail Bridge and 4 vehicle bridges: 2 for commercial, 3 for private vehicles
  • Goods shipped through Laredo travel to more than 60 countries

* Numbers reflect ALFA & LLUSCBA members only

Port Laredo’s trade was down 0.34 percent in December from last December

Trade at Port Laredo for December decreased 0.34 percent from the same month one year ago and was down 6.91 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.

Breaking it down, exports increased 0.05 percent compared to the same month in the previous year and were down 7.82 percent from the previous month. Imports decreased -0.52 percent compared to the same month in the previous year and declined 6.35 percent when compared to the previous month.

In 2023, Port Laredo’s trade was up 7.20 percent

In 2023, trade at Port Laredo was valued at $319.91 billion, an increase of 7.20 percent through December.

Exports totaled $123.18 billion, up 6.55 percent while imports were valued at $196.73 billion, up 7.61 percent.

The deficit at Port Laredo was $73.54 billion.

Port Laredo’s trade with top trade partner Mexico increased 7.39 percent

Port Laredo’s top five trade partners accounted for 98.95 percent of its total trade through December. By way of comparison, the United States’ top five trade partners accounted for 51.1 percent.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Mexico rose 7.39 percent to $312.26 billion.
    Exports rose 6.51 percent to $123.09 billion. Imports rose 7.98 percent to $189.17 billion.
  • Trade with No. 2 China rose 10.55 percent to $1.81 billion.
    Exports fell 64.78 percent to $69,001. Imports rose 10.56 percent to $1.81 billion.
  • Trade with No. 3 France rose 40.86 percent to $1.22 billion.
    Exports rose 196.59 percent to $24,869. Imports rose 40.86 percent to $1.22 billion.
  • Trade with No. 4 Nicaragua rose 10.23 percent to $670.2 million.
    Exports rose 3869 percent to $20.6 million. Imports rose 6.93 percent to $649.6 million.
  • Trade with No. 5 Japan fell 50.26 percent to $583.07 million.
    Exports rose 1100 percent to $240,360. Imports fell 50.28 percent to $582.83 million.

Port Laredo had trade surpluses with 22 countries and deficits with 129 through December. That compares with 29 surpluses and 115 deficits for the same period one year earlier. The top three surpluses through December of this year were with Panama, $43.61 million; Costa Rica, $1.37 million; and Andorra, $1.16 million.The top three deficits through December of this year were with Mexico, $66.08 billion; China, $1.81 billion; and France, $1.22 billion.

At this time a year ago, the top five trade partners were Mexico, China, Japan, France and Nicaragua.

By tonnage, the top five trade partners year-to-date are Mexico, Latvia, Moldova, Nigeria and Oman.

At this time a year ago, the top five by tonnage were Mexico, Turks and Caicos Islands, Guyana, Serbia and Latvia.

EXPORTS

The most valuable Port Laredo export, Motor vehicle parts, increased 21.5 percent

Port Laredo’s top five exports accounted for 21.07 percent of all its exports through December. By way of comparison, the United States’ top five exports accounted for 23.47 percent.

Here’s a closer look at the top five, by value:

  • Motor vehicle parts rose 21.5 percent compared to last year to $15.38 billion.
  • Gasoline and other fuels fell 14.57 percent compared to last year to $3.77 billion.
  • Diesel engines fell 30.88 percent compared to last year to $3.07 billion.
  • Passenger vehicles rose 70.27 percent compared to last year to $1.93 billion.
  • Cell phones and related equipment rose 10.94 percent compared to last year to $1.81 billion.

At this time a year ago, the top five exports were Motor vehicle parts; Diesel engines; Gasoline, other fuels; Plastics; and Corn.

By tonnage the top five exports year-to-date are Braids, tassels; Magnesite; Drawing, measuring instruments, parts; Swimwear, track suits, skit suits, knit or crochet; and LNG, other petroleum gases.

At this time a year ago, the top five by tonnage were Antimony, including waste and scrap; Misc. plastic plates, sheets, and film; Fish, fresh or chilled; Misc. central heat boilers, parts; and Saddles, harness, traces, leads, etc..

IMPORTS

The most valuable Port Laredo import, Motor vehicle parts, increased 13.68 percent

Port Laredo’s top five imports accounted for 34.25 percent of all its imports through December. By way of comparison, the United States’ top five imports accounted for 22.28 percent.

Here’s a closer look at the top five, by value:

  • Motor vehicle parts rose 13.68 percent compared to last year to $25.47 billion.
  • Passenger vehicles rose 9.7 percent compared to last year to $16.19 billion.
  • Tractors rose 10.12 percent compared to last year to $11.52 billion.
  • Commercial vehicles rose 28.83 percent compared to last year to $8.14 billion.
  • Computers fell 20.02 percent compared to last year to $6.05 billion.

At this time a year ago, the top five imports were Motor vehicle parts; Passenger vehicles; Tractors; Computers; and Commercial vehicles.

By tonnage the top five imports year-to-date are Bismuth, including waste and scrap; Plastic floor and wall coverings; Frozen fish; Wire, rods for soldering; and Misc. leather products.

At this time a year ago, the top five by tonnage were Magnesite; Survey equipment; Babies’ garments, accessories, knit or crocheted; Oils from coal tar; and Wind musical instruments.

PORT MARKET SHARE

By value, Port Laredo was responsible for 6.27 percent of U.S. trade in 2023, ranking No. 1 among all ports and No. 1 among all border crossings.

Last year Port Laredo posted total trade with the world of $298.42 billion. The Port’s deficit was $67.2 billion. Exports totaled $115.61 billion and imports came to $182.81 billion.

More likely to devise novel products and processes 92%
Greater employee productivity 52%
Better response to customer needs 53%

International Bridges

Bridge 1- Gateway to the Americas Bridge Non-commercial and Pedestrian

Bridge 2- Lincoln-Juarez International Bridge Non-commercial

Bridge 3- Columbia Solidarity Bridge Non-commercial and Commercial

Bridge 4- World Trade Bridge Commercial

Between the World Trade Bridge and Columbia, about 14,000 commercial trucks cross the bridges each day.  This is only about 40% of the capacity of these bridges.

Rail Service

International rail service is provided by Union Pacific and Kansas City Southern.

Union Pacific provides Intermodal3 service within 8 miles of most industrial parks as well as service to Dallas and the Midwest.

Kansas City Southern Railroad (KCSR) interchanges with Burlington Northern Santa Fe (BNSF) and Union Pacific Railroad (UPRR) and owns the Laredo International Railroad Bridge and Kansas Southern de Mexico (KCSM) that has interchange service at Laredo and Brownsville, Texas.  KCSM serves the Ports of Veracruz, Tampico, Lazaro Cardenas, Bulkmatic Transload Service at Monterrey, Mexico, and will serve a Plastic, Steel, and Industrial product tans-loading center in Toluca.

In 2023, 305,447 rail cars crossed through the Port of Laredo from Mexico.

Air Cargo

The Laredo International Airport is a USMCA gateway for air cargo.  In 2022, 741,533,415 pounds of air cargo landed via the Port of Laredo.  FedEx and UPS.

There are 30+ Air Cargo charter operators that offer on-demand service from Laredo including Northern Air Cargo, USA Jet, USA TSM, Kalita Charters, IFL, Everts Air, Freight Runners, and many others

For CBP Border Wait Times visit http://apps.cbp.gov/bwt/

Laredo Trade Numbers Statistics from the Trade Numbers Magazine.

Click on the image below to visit the Trade Numbers Webpage.