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Port of Brownsville Powers Regional Economic Growth
Serving diverse industries, the Port of Brownsville is a hub for international trade vital to the economies of the Rio Grande Valley and northern Mexico. Throughout fiscal year 2024, 28 million tons of cargo were transported via the port. Image courtesy of The Port of Brownsville
Texas Border Business
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As a strategic gateway for international trade, the Port of Brownsville is key to the economies of the Rio Grande Valley and northern Mexico.
Brownsville Navigation District Chairman Esteban Guerra. Courtesy image
Brownsville Navigation District Chairman Esteban Guerra, Port Director and CEO William Dietrich, and Director of Business Development & Marketing Guillermo Rico represented the port at RioPlex’s Texas Port to the Stars Foreign Direct Investment (FDI) Summit, held April 10 in Houston.
RioPlex is a binational initiative aimed at consolidating sustainable economic development between the Rio Grande Valley and northern Tamaulipas.
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During the summit, Chairman Guerra was named to the RioPlex Board of Directors. In his remarks to an audience of prominent business and industry leaders, he underscored the port’s critical role in transforming the economic future of the region.
“In 2023 alone, the port’s economic impact study for the state of Texas reached a record breaking $12 billion, a 400% increase from 2019,” said BND Chairman Guerra. “This is a direct reflection of our growing capacity, our strategic importance, and our commitment to driving sustainable growth with future generations in mind. As the largest land-owning public port authority in the United States, with over 40,000 acres, we are supporting economic growth for the benefit of our communities.”
As a member of the Board of Directors, Chairman Guerra will contribute to developing strategies that enhance regional infrastructure and economic growth, reinforcing the port’s role as a vital trade hub.
The Port of Brownsville is the grantee for Foreign Trade Zone No. 62 which has ranked top three in the nation for 12 consecutive years for the value of exports. In 2023, FTZ No. 62 recorded a combined value of imports and exports totaling $10.2 billion.
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The port’s handling of diverse commodities including steel, aluminum, petroleum products, wind energy components, and bulk agricultural goods, have made it a key player in North American trade and supply chains. In 2024, the port saw a record 28 million tons of cargo, according to unaudited reports. This represents an increase of 10 million tons compared to 2023.
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