Kelly Hancock
Acting Texas Comptroller of Public Accounts
Kelly Hancock
Acting Texas Comptroller of Public Accounts
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Kelly Hancock
Acting Texas Comptroller of Public Accounts
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economy

Port of Entry: George Bush Intercontinental Airport (IAH)Impact to the Texas Economy, 2024

Texas ports of entry accounted for more than $1 trillion in international trade in 2024.1 Texas has 32 official ports of entry that serve as critical gateways to global trade. Each port — whether an airport, land port or seaport — serves many domestic and international economic activities across multiple industries. Each port also plays a distinctive role in the state’s transportation network and contributes to state and local economies.

Of Texas’ total international trade, $86.9 billion in goods, or 8.2 percent, traveled through airports or intermodal ports, with IAH accounting for 24.2 percent of the airport and intermodal trade, or about $21.1 billion (Exhibit 1).

Economic Contribution of Trade

Based on the Comptroller’s estimate, trade through IAH in 2024 resulted in 51,000 net jobs and contributed $5.8 billion to Texas’ gross domestic product (GDP) (Exhibit 1).

Exhibit 1
Estimated Contribution of Trade Through IAH to the Texas Economy, 2024
CategoryValue
Total direct trade value $21.1 billion
Gross domestic product $5.8 billion
Total employment 50,952

Notes: “Gross domestic product” refers to the total value of all final goods and services produced in Texas; “Total employment” refers to both direct and indirect employment.

Sources: U.S. Census Bureau: Economic Indicators Division, USA Trade Online; Regional Economic Models Inc. model for Texas; Texas Comptroller of Public Accounts analysis.

IAH Trade

Shipping activity through IAH accounted for $21.1 billion in trade in 2024 — an increase of 191.6 percent, or $13.8 billion, since 2003 (Exhibit 2).

Exhibit 2 Export and Import Values, IAH, 2003-2024 (in billions)

Data for Exhibit 2
Export and Import Values, IAH, 2003-2024 (in billions)
Year Exports Imports Total
2003 $4.4 $2.8 $7.2
2004 $4.5 $3.3 $7.8
2005 $5.9 $3.6 $9.5
2006 $7.5 $3.9 $11.4
2007 $8.3 $4.6 $12.8
2008 $8.5 $5.3 $13.8
2009 $7.3 $5.5 $12.9
2010 $8.6 $7.8 $16.4
2011 $10.4 $9.9 $20.4
2012 $10.0 $8.5 $18.5
2013 $9.6 $7.6 $17.2
2014 $10.1 $8.7 $18.8
2015 $9.3 $5.9 $15.3
2016 $8.8 $5.6 $14.4
2017 $8.5 $5.5 $14.0
2018 $8.6 $5.6 $14.2
2019 $9.3 $6.0 $15.3
2020 $6.5 $3.6 $10.1
2021 $6.7 $5.2 $11.9
2022 $8.7 $5.7 $14.4
2023 $9.8 $7.2 $17.0
2024 $11.4 $9.6 $21.1

Source: U.S. Census Bureau: Economic Indicators Division, USA Trade Online.

The top export commodities by value from IAH in 2024 were machinery and mechanical appliances ($4.3 billion), followed by aircraft and spacecraft equipment ($2 billion) and electric machinery and equipment ($1.6 billion). These commodities accounted for 68.6 percent of the port’s total exports. Top imports to the port included machinery and mechanical appliances ($4.4 billion), electrical machinery and equipment ($1.7 billion), and special classification provisions ($1.1 billion) (Exhibit 3).

Exhibit 3
Top Five Export Commodities, IAH, 2024
Commodity Value (in millions)
Machinery and Mechanical Appliances $4,279.3
Aircraft and Spacecraft Equipment $2,007.5
Electric Machinery and Equipment $1,566.8
Optical and Photographic Instruments $1,236.2
Pharmaceutical Products $393.8
Total All Commodities $11,444.9
Top Five Import Commodities, IAH, 2024
Commodity Import Value (in millions)
Machinery and Mechanical Appliances $4,409.3
Electric Machinery and Equipment $1,695.7
Special Classification Provisions $1,094.6
Optical and Photographic Instruments $694.3
Aircraft and Spacecraft Equipment $305.5
Total All Commodities $9,609.3

Source: U.S. Census Bureau: Economic Indicators Division, USA Trade Online.

The value of exports from IAH to its top five recipient countries was $5.1 billion in 2024, or 40.1 percent of its total. The United Kingdom was the leading destination for exported goods, receiving 10.6 percent of all exported commodities from the port (Exhibit 4).

Exhibit 4
Share of Exports from IAH to Destination Country, 2024
Data for Exhibit 4
Share of Exports from IAH to Destination Country, 2024
Country Exports Value (in billions) Share
United Kingdom $1.2 11%
Brazil $1.0 9%
Saudi Arabia $0.8 7%
United Arab Emirates $0.8 7%
Netherlands %0.8 7%
Other $6.8 60%
Total $11.4

Source: U.S. Census Bureau: Economic Indicators Division, USA Trade Online.

IAH ’s top five import trading partners accounted for 53.1 percent of its $9.6 billion in imports in 2024, with Taiwan comprising over a quarter of all imports (Exhibit 5).

Exhibit 5
Share of Imports to IAH by Country of Origin, 2024
Data for Exhibit 5
Share of Imports to IAH by Country of Origin, 2024
Country Imports Value (in billions) Share
Taiwan $2.5 25.5%
Germany $0.9 9.2%
United Kingdom $0.9 9.0%
Vietnam $0.5 5.3%
Japan $0.4 4.2%
Other $4.5 46.8%
Total $9.6

Source: U.S. Census Bureau: Economic Indicators Division, USA Trade Online.

Passenger and Cargo Trends

IAH has seen a steady increase in both total aircraft movements and number of passengers between 2022 and 2024, with increases of 11.8 and 18.2 percent, respectively (Exhibit 6).2

Exhibit 6
IAH Operations, 2022 to 2024
Year Total Cargo (metric tons) Aircraft Movements (landing and takeoff) Passengers
2022 542,071 399,805 40,979,422
2023 523,595 422,003 46,192,499
2024 541,834 447,092 48,448,545

Note: Arriving and departing passengers, as well as direct transit passengers, are each counted once.

Source: IAH — Traffic Statistics.

Endnotes

  1. U.S. Census Bureau: USA Trade Online — U.S. Import and Export Merchandise trade statistics.
  2. IAH — Traffic Statistics.