Foreign Trade Zone No. 62 at the Port of Brownsville remains near the top in the nation for the value of exports. FTZ No. 62 ranks third in the country with more than $3.8 billion in exported commodities in 2018. This is an increase from the $3.5 billion reported in 2017.
The figures come from the U.S. Foreign-Trade Zones Board’s annual report to Congress released in late November.
Since 2012, FTZ No. 62 has consistently ranked in the top three for exports out of 293 FTZs nationwide. Additionally, it ranks number 21 in the nation for the value of imports totaling $3.9 billion. This is up from $3.6 billion in goods in 2017.
“Our consistent ranking among the top foreign trade zones in the country is the result of the Brownsville Navigation District’s commitment to enhance the port’s infrastructure to facilitate the movement of goods,” said John Reed, Brownsville Navigation District chairman. “This success positions the port to develop greater economic opportunities in the Rio Grande Valley.”
The Port of Brownsville administers FTZ No. 62. It includes magnet sites at FINSA Industrial Park at Los Indios, NAFTA Industrial Park in Brownsville, Brownsville-South Padre Island Air Cargo Complex, Port of Harlingen and Valley International Airport Industrial Park. These are all in addition to the facilities within the Port of Brownsville.