For the third straight year, Foreign Trade Zone No. 62 at the Port of Brownsville ranks second in the nation for the value of exports. The figures come from the U.S. Foreign-Trade Zones Board’s annual report to Congress released Dec. 12.
The port’s FTZ reported more than $3.5 billion in exported goods in 2017. Additionally, FTZ No. 62 ranks 18th nationally for the value of imports totaling more than $3.6 billion. The Port of Brownsville FTZ has consistently seen placement in the top five nationally since 2012, even earning the number one spot in the nation in 2012 and 2013. The port’s FTZ has ranked second in the list for three straight years now.
“The Port of Brownsville continues to maintain a standard of excellence as the leading economic engine in the Rio Grande Valley,” said John Reed, Brownsville Navigation District chairman. “The zone’s steady growth in cargo movement provides greater job opportunities to our region, driving our economy forward.”
FTZ No. 62 is administered by the Port of Brownsville and includes magnet sites at FINSA Industrial Park at Los Indios and NAFTA Industrial Park in Brownsville. It also includes Brownsville-South Padre Island Air Cargo Complex, Port of Harlingen, Valley International Airport Industrial Park and the Port of Brownsville.
“Our customers and port tenants both contribute to the FTZ’s overall success,” said Tony Rodriguez, director of Cargo Services and FTZ Administrator for the port. “They are essential to the port’s continued economic expansion.”