Port Houston Shares Channel Region Monthly Trade & Market Report

Trade activity across the Houston Ship Channel region showed strength across several key sectors, with energy exports driving regional tonnage growth and Port Houston seeing gains in steel and container imports.

Crude oil exports through the Houston Ship Channel are up 40% this year, contributing to a 22% increase in overall regional exports. Houston accounts for 31% of U.S. waterborne exports of crude oil and refined products and more than 21% of total U.S. waterborne exports by tonnage.

At Port Houston facilities, steel emerged as a standout in August, with total tonnage increasing 49% year over year to 529,085 tons, driven primarily by imports.

Loaded container imports increased 5% year to date, with machinery and electronics, retail consumer goods, furniture, automotive products, and apparel among the categories posting gains. The activity reflects seasonal demand and some front-loading as businesses prepare for the upcoming holiday season.

Key Takeaways

• Crude oil exports are up 40% this year. Houston accounts for 31% of U.S. waterborne exports of crude oil and refined products and more than 21% of total U.S. waterborne exports by tonnage.
• Steel activity was the standout in August