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 2.88 percent in March from last March

Trade at Port Laredo for March decreased 2.88 percent from the same month one year ago and was up 2.7 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.

Breaking it down, exports decreased 4.63 percent compared to the same month in the previous year and were down 1.34 percent from the previous month. Imports decreased -1.79 percent compared to the same month in the previous year and grew 5.29 percent when compared to the previous month.

Year-to-date, Port Laredo’s trade up 2.72 percent

On a year-to-date basis, trade at Port Laredo was valued at $79.91 billion, an increase of 2.72 percent through March.

Exports totaled $31.07 billion, up 2.16 percent while imports were valued at $48.85 billion, up 3.07 percent.

The deficit at Port Laredo was $17.78 billion.

Port Laredo’s trade with top trade partner Mexico has increased 2.77 percent YTD

Port Laredo’s top five trade partners accounted for 98.92 percent of its total trade through March. By comparison, the United States’ top five trade partners accounted for 50.23 percent.

Taking a closer look at its leading trade partners:
  • Trade with No. 1 Mexico rose 2.77 percent to $77.95 billion.
    Exports rose 2.03 percent to $31.02 billion. Imports rose 3.27 percent to $46.93 billion.
  • Trade with No. 2 China rose 6.36 percent to $445.12 million.
    Exports rose 48.11 percent to $30,391. Imports rose 6.36 percent to $445.09 million.
  • Trade with No. 3 France rose 0.99 percent to $320.79 million.
    There were no exports. Imports rose 0.99 percent to $320.79 million.
  • Trade with No. 4 Nicaragua rose 31.03 percent to $201.93 million.
    Exports rose 689582 percent to $34.13 million. Imports rose 8.89 percent to $167.8 million.
  • Trade with No. 5 Japan fell 25.89 percent to $132.98 million.
    Exports rose 53901 percent to $2.55 million. Imports fell 27.31 percent to $130.43 million.

Port Laredo had trade surpluses with 15 countries and deficits with 97 through March. That compares with 16 surpluses and 99 deficits for the same period one year earlier. The top three surpluses through March of this year were with Moldova, $2.04 million; Panama, $608,703; and Ecuador, $558,519.The top three deficits through March of this year were with Mexico, $15.92 billion; China, $445.06 million; and France, $320.79 million.

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

By tonnage, the top five trade partners year-to-date are Mexico, Lithuania, Norway, Kenya and Liechtenstein.

At this time a year ago, the top five by tonnage were Mexico, Latvia, Moldova, Nigeria, and Oman.

EXPORTS
The most valuable Port Laredo export, Motor vehicle parts, has decreased 2.65 percent YTD

Port Laredo’s top five exports accounted for 21.35 percent of all its exports through March. By comparison, the United States’ top five exports accounted for 23.28 percent.

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

  • Motor vehicle parts fell 2.65 percent compared to last year to $3.76 billion.
  • Gasoline, and other fuels fell 6.79 percent compared to last year to $917.02 million.
  • Diesel engines fell 1.63 percent compared to last year to $795.21 million.
  • Electric storage batteries rose 457.53 percent compared to last year to $581.81 million.
  • Passenger vehicles rose 74.32 percent compared to last year to $581.33 million.

A year ago, the top five exports were Motor vehicle parts; Gasoline, and other fuels; Diesel engines; Passenger vehicles; and Cell phones, and related equipment.

By tonnage the top five exports year-to-date are Fats from cows, sheep, or goats; Gas masks, breathing apparatus; Woven fabric of synthetic yarn, etc.; Malt extract, less than 40% cocoa; and Firearm parts and accessories.

A year ago, the top five by tonnage were Cereal straw and husks; Motor vehicle parts; Cotton; Molasses from sugar; and Optical microscope, parts.

IMPORTS
The most valuable Port Laredo import, Motor vehicle parts, has increased 8.25 percent YTD

Port Laredo’s top five imports accounted for 33.8 percent of all its imports through March. By comparison, the United States’ top five imports accounted for 21.84 percent.

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

  • Motor vehicle parts rose 8.25 percent compared to last year to $6.61 billion.
  • Passenger vehicles fell 3.62 percent compared to last year to $3.1 billion.
  • Tractors fell 9.02 percent compared to last year to $2.55 billion.
  • Commercial vehicles rose 36.01 percent compared to last year to $2.45 billion.
  • Computers rose 14.37 percent compared to last year to $1.8 billion.

A year ago, the top five imports were Motor vehicle parts; Passenger vehicles; Tractors; Commercial vehicles; and Computers.

By tonnage the top five imports year-to-date are Fats from cows, sheep, or goats; Gas masks, breathing apparatus; Woven fabric of synthetic yarn, etc.; Malt extract, less than 40% cocoa; and Firearm parts and accessories.

A year ago, the top five by tonnage were Cereal straw and husks; Motor vehicle parts; Cotton; Molasses from sugar; and Optical microscope, parts.

PORT MARKET SHARE

By value, Port Laredo was responsible for 6.33 percent of U.S. trade through March, ranking No. 1 among all ports and No. 1 among all border crossings.

Last year Port Laredo posted total trade with the world of $319.91 billion. The Port’s deficit was $73.54 billion. Exports totaled $123.18 billion and imports came to $196.73 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.