Port of Brownsville Foreign Trade Zone ranks second in U.S. for exports
The Foreign Trade Zone (FTZ) is a federally approved program that allows a shipper to import commodities from another country.
The Port of Brownsville foreign trade zone ranked 25th nationally, recording more than $2.5 billion of total import value last year.
In exports, the Port of Brownsville reported more than $2.8 billion—ranking second out 195 foreign trade zones in the nation.
"We provide both of those things, on the one hand we fuel the economy of the border,” said Port of Brownsville Port Director Eduardo Campirano. “On the second hand, we provide a lot of the feedstock necessary that turns around a produces a commodity that comes back across."
Being geographically closer to Mexico, and having the foreign trade zones established, this allows companies at the port to be competitive with other Mexican ports.
"The logistics companies here are very agile. We've figured out a way to move goods and services across the border very efficiently," Campirano said.