2024-12-22 20:19:58
Author: Council for South Texas Economic Progress / 2023-07-26 20:10 / Source: Council for South Texas Economic Progress

Waterborne Trade in Rio South Texas

MISSION,Texas,Aug. 3,2022 -- The pandemic shook the global economy and yet the United States maintained its trading prowess,according to the United Nations Conference on Trade and Development on Ocean Trade.

In the United States,the State of Texas leads in international trade with its 29 ports of entry,the most of any state. The region of Rio South Texas,located at the Gulf of Mexico and the Heart of the North American Supply Chain,strongly contributes to the nation's and the state's global trade success. In Rio South Texas,the Port of Brownsville serves as our region's key waterborne connection to markets in North America and the world,via barge service on the U.S. Intracoastal and Inland Waterway System as well as ship service on the high seas via the M-10 and M-69 Maritime Highways. Furthermore,the Port boasts established trade routes across the Atlantic as well as the Pacific (via the Panama Canal). These routes serve manufacturing industries in Rio South Texas and beyond.

The Port of Brownsville is also a true multi-modal hub,providing interstate access,freight rail services,pipeline infrastructure,and proximity to air cargo providers. To further facilitate international trade,the Port of Brownsville operates Foreign Trade Zone No. 62 (FTZ 62),with sites at the Port,two airports (BRO and VIA),as well as to three surrounding industrial parks. FTZ 62 is ranked #2 in the U.S. for the value of exports at $3.6 billion per year across a variety of products.

Products like petroleum,lumber,steel,and metals rank among the Port's top commodities and,thanks to its global connections,millions of tons of products are moved efficiently to and from Brownsville. And these volumes are expected to grow in the future! The Port of Brownsville's main channel depth is currently 42 feet (12.8 meters),but recently a project has been launched to deepen to 52 feet (15.8 meters). This will make the Port of Brownsville one of the deepest on the Gulf of Mexico.

Exporting and importing from and to Rio South Texas is no problem via the globally connected Port of Brownsville. If you are looking to manufacture in North America for North America,look at what Rio South Texas has to offer. Our team at COSTEP would be glad to assist you,so please visit us at www.costep.orgor follow us at @COSTEP to learn more.

Contact: Matt Ruszczak,+1.956.682.6371,info@costep.org

Tags: Banking/Financial Service Maritime/Shipbuilding Oil/Energy Transportation Utilities

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