Posts Tagged “Mexcian produce exports”
Mexican fresh fruit and vegetable exports to the U.S. could increase by 32 percent over the next seven years.
South Texas is expected to grow at an even faster rate with the Mexican produce exports, according to a study by economists at Texas A&M University’s Center for North American Studies.
As many as 569,650 truckloads of Mexican fresh produce could be exported to the U.S. by 2023. Of that amount, Texas could claim 298,542 of those truckloads, a 41 percent increase.
During the past seven years, and imports at the Mexico – Texas border are up 41 percent, making the projected 32 percent growth rate in the next seven years quite possible.
There is a rapid growth in Mexican exports through Texas, with a lot of cold storage facilities going up near the Pharr/Hidalgo Bridge. Millions of dollars have been spent in the last few years on new cold storage facilities and most are operating a full capacity.
In fact, some observers believe the 32 percent estimated increase for Texas may be low because of the high cost of labor in the U.S. plus the costly and increasing rules and regulations not fouind in Mexico.
The A&M study also found that the growth in Mexican produce exports to the U.S. could produce 7,700 jobs in Texas and contribute $815 million to the state’s economy.
The Texas International Produce Association changed to its current name several years ago to reflect the importance of imports to Texas-based produce companies. The result has certainly been a positive economic impact in the Lower Rio Grand Valley of Texas. A number of South Texas growers are some of the largest importers of Mexican grown produce.
This allows many Texas produce shippers keep their operations running the year around with greater volume than relying exclusively on Texas-grown fruits and vegetables.
Texas is expected to account for 52.4 percent of all U.S. produce imports from Mexico by 2023. In 2015, 48.6 percent of all imports came through the Lone Star State.
Mexican produce through South Texas – grossing about $1900 to Atlanta; $2000 to Chicago.