Third-Ranked Port Laredo Hobbled In 2020, Bouncing Back Strong In 2021

Third-Ranked Port Laredo Hobbled In 2020, Bouncing Back Strong In 2021

Port Laredo does more trade with one country -- in this case, Mexico -- than any other airport, ... [+] seaport or border crossing in the United States. The pandemic struck hard in the spring of 2020 in Port Laredo, which had been the nation's second-ranked port after the Port of Los Angeles for years. Through May, when U. S. trade bottomed out, Port Laredo's trade had fallen more than any of the more than 450 U. S. airports, seaports and border crossings, more than $225. 6 billion. The percentage decline was 23. 33%, more than any other port in the nation's top 20 and 71% more than the national average. It slipped from No. 2 to No. 4. This is the third in a series of columns I am writing focused on the nation's top "ports" "” airports, seaports or border crossings "” and how they are faring compared not only to last year, in the midst of the pandemic, but previous, more normal years. These columns will include a look at top trade partners, top exports and top imports for each "” and some of the factors influencing the results. In addition to Port Laredo, I will include