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Economic impact study highlights Port of Corpus Christi’s role in Texas trade

Acting Texas Comptroller Kelly Hancock has released a study detailing the economic impact of the Port of Corpus Christi on the state’s economy. The study by the Texas Comptroller of Public Accounts reveals that Texas’ 32 official ports, along with two intermodal logistics facilities, facilitated $1 trillion in international trade in 2024. Seaports were responsible for 40.4% of this trade, with the Port of Corpus Christi contributing 21% or $88.6 billion.

The port’s activities added $113 billion to Texas’ gross domestic product and supported approximately 864,000 jobs both directly and indirectly. “Texas ports are more than points on a map; they’re economic engines for our state,” Hancock said during his Good for Texas Tour: Ports Edition visit. He emphasized that the Port of Corpus Christi exemplifies how innovation and infrastructure can bolster the economy and maintain global competitiveness.

In terms of exports, mineral fuels led with $80 billion, followed by organic chemicals at $1.2 billion and cereals at $619.5 million, making up 98.9% of total exports from the port. Imports included mineral fuels worth $4.8 billion, ores and slag at $301.6 million, and machinery and equipment valued at $275.6 million.

Further details about Texas ports can be found on the Comptroller’s website.

Information from this article can be found here.