FTZ No. 62 continues to power economic progress in the Rio Grande Valley and bring value to the Port of Brownsville
BROWNSVILLE, Texas (May 5, 2020) — Foreign Trade Zone No. 62 at the Port of Brownsville reported a record-setting $8.9 billion in the combined value of exports and imports for 2019.
The total value of export shipments through FTZ No. 62 reached $4.3 billion in 2019, an increase from $3.8 billion the year before. In turn, the FTZ received $4.6 billion in imports. These numbers, the highest in the zone’s history, saw products in the petroleum industry and shipbuilding equipment bring the most value, supported by the steady transport of steel, aluminum and wind energy products.
With domestic exports and foreign imports valued in the billions, FTZ No. 62 continues to be a positive economic driver for communities throughout the R
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