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Old 10-01-2012, 03:44 PM
 
Location: Sugar Land
2,465 posts, read 5,487,900 times
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4. Houston-Sugar Land-Baytown, Tex.
  • Exports to China:$5.33 billion
  • Percent total exports to China: 5.1 percent
  • Total exports: $104.5 billion
  • Biggest export: Petroleum and coal products (33.7 percent)
  • Percent increase exports to China(2005-2011): 123 percent
In August, Global Trade Magazine ranked Houston as the second-largest city in the United States in terms of export volume, behind only New York. But the ITA notes that China was only the fourth-largest export market for the metropolitan area. Mexico was the largest beneficiary of Houston’s trade, receiving 16 percent of the area’s total exports, followed by Canada and Brazil, at 10.4 percent and 6.8 percent respectively. Nevertheless, total exports to China have grown nearly 123 percent between 2005 and 2011. Petroleum and coal products are the area’s largest export, comprising nearly $35.2 billion in 2011, or 33.7 percent of all trade. The U.S. has slowly begun to wean itself off foreign oil in recent years and has become a net exporter of oil in 2011 for the first time in decades. No region has benefited from this boom more than Houston, as exports of petroleum and coal products in terms of dollar value have grown 405 percent since 2005.


The 9 U.S. cities selling the most goods to China - Bottom Line
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Old 10-01-2012, 10:23 PM
 
Location: Texarkana
123 posts, read 342,456 times
Reputation: 62
Wow!
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Old 10-02-2012, 09:07 AM
 
16,666 posts, read 22,824,827 times
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Quote:
Originally Posted by ethanw View Post
4. Houston-Sugar Land-Baytown, Tex.
Petroleum and coal products are the area’s largest export, comprising nearly $35.2 billion in 2011, or 33.7 percent of all trade.
I'm having a hard time understanding how this is good
What's the point of "Drill here, pay less" if we sell our oil to China?
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Old 10-02-2012, 11:46 AM
 
Location: Pearland, TX
3,333 posts, read 8,725,649 times
Reputation: 2331
Quote:
Originally Posted by Dopo View Post
I'm having a hard time understanding how this is good
What's the point of "Drill here, pay less" if we sell our oil to China?
We don't sell crude to China We sell, among other things, fractionated "petroleum products" like plastics and petrochemicals so they can make all that cheap stuff we buy. Noway China buys crude from us because it'd cost a fortune to transport, same thing for natural gas. We are a net consumer of crude.

America’s exports to China:

1. Soybeans … $7.3 billion
2. Semiconductors … $6.5 billion
3. Civilian aircraft … $3.9 billion
4. Plastic materials … $3.1 billion
5. Other industrial machines … $2.8 billion
6. Copper … $2.4 billion
7. Pulpwood … $2.2 billion
8. Aluminum … $1.94 billion
9. Steelmaking materials … $1.91 billion
10. Organic chemicals … $1.8 billion


Ronnie

Last edited by HoustonRonnie; 10-02-2012 at 11:57 AM..
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Old 10-02-2012, 12:01 PM
 
16,666 posts, read 22,824,827 times
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Quote:
Originally Posted by HoustonRonnie View Post
We don't sell crude to China We sell, among other things, fractionated "petroleum products" like plastics and petrochemicals so they can make all that cheap stuff we buy.
Take a look at this

Gas, other fuels are top U.S. export - Dec. 2011

Quote:
For the first time, the top export of the United States, the world's biggest gas guzzler, is — wait for it — fuel.

Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. It will also be the first year in more than 60 that America has been a net exporter of these fuels.

There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home.
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Old 10-02-2012, 12:40 PM
 
Location: Pearland, TX
3,333 posts, read 8,725,649 times
Reputation: 2331
Quote:
Originally Posted by Dopo View Post
Take a look at this

Gas, other fuels are top U.S. export - Dec. 2011
That's refined product, not crude, and little, if any, is going to China (on the slow boat). You're mixing apples and oranges.

Ronnie
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Old 10-04-2012, 01:00 AM
 
16,666 posts, read 22,824,827 times
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Quote:
Originally Posted by HoustonRonnie View Post
That's refined product, not crude, and little, if any, is going to China (on the slow boat). You're mixing apples and oranges.

Ronnie
Last time I checked, gasoline is a refined product and is what we use as fuel for our cars
So I don't know what you mean with "mixing apples and oranges"

The gasoline that could be sold here in the US is being shipped to China.
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