2014 Port of Laredo Hub Page - Texas A&M University · BROWNSVILLE DEL RIO EAGLE PASS LAREDO ROMA...
6
Glenn Hegar Texas Comptroller of Public Accounts PORT OF ENTRY Texas’ location and diverse economy offer unique trade opportunities and make it a critical gateway to global business. Our state boasts 29 OFFICIAL PORTS of entry facilitating nearly $650 BILLION in international trade in 2015. Trade through Texas supports an estimated 1.6 MILLION TEXAS JOBS and adds $224.3 BILLION to GSP annually. Ports of entry play a crucial role in making Texas the world’s 10TH LARGEST ECONOMY. They affect every part of our state, from our largest cities to rural counties. As the state’s chief financial officer, I hope highlighting their benefits will emphasize their importance to strong, diverse and growing regional economies. AUTOMOTIVE PARTS, AUTOMOBILES & PETROLEUM PRODUCTS Top imports from Mexico: Top exports to Mexico: AIR LAND WATER $300 $200 $100 0 56.4% 11.3% 32.3% IN BILLIONS TOTAL TEXAS TRADE IN 2015 0 $50 $100 $150 $200 2015 2014 2013 TRADE WITH MEXICO OVERALL TRADE Source: Texas Centers for Border Economic and Enterprise Development THE WORLD TRADE BRIDGE IS USED BY MORE THAN 12,000 COMMERCIAL VEHICLES DAILY. LAREDO BRIDGE SYSTEM Laredo’s border crossings include five bridges between the U.S. and Mexico. Four of these are city-owned vehicular bridges. The fifth is a railroad bridge owned and operated by Kansas City Southern Railway Company, though the city controls southbound operations, employing 182 people and collecting $60 million in tolls. In addition to bridge employees, the U.S. Customs and Border Patrol employs 1,950 customs field officers and 1,770 Border Patrol agents. 32% 363,000 $52 BILLION OF ALL INTERNATIONAL TRADE IN TEXAS JOBS IN TEXAS GROSS DOMESTIC PRODUCT Source: Laredo Bridge System City of Laredo Mexico provides the bulk of trade passing through Laredo. Source: Texas Centers for Border Economic and Enterprise Development IN BILLIONS LAREDO Two million trucks or about 51 percent of all truck traffic crossing into Texas from Mexico. More than 3,600 trains hauling some 400,000 rail cars. 3.5 million pedestrians and 5.2 million personal vehicles. NUEVO LAREDO Source: U.S. Census Bureau Laredo’s five border crossings accounted for $204 BILLION – 32 percent – of all international trade in Texas in 2015. They represent the largest commercial crossing from Mexico into Texas, as trains, commercial trucks and even pedestrians transport goods across its bridges. Our analysis found that Laredo’s inland port creates some 363,000 net Texas jobs and contributes $52 BILLION to the state’s gross domestic product. LAREDO BRIDGE SYSTEM BY THE NUMBERS LAREDO ABOUT LAREDO MOTOR VEHICLES AND AUTOMOTIVE PARTS IN 2015: Laredo’s border crossings account for:
Transcript of 2014 Port of Laredo Hub Page - Texas A&M University · BROWNSVILLE DEL RIO EAGLE PASS LAREDO ROMA...
Glenn HegarTexas Comptroller of Public Accounts
PORT OF ENTRY
Texas’ location and diverse economy offer unique trade opportunities and make it a critical gateway to global business. Our state boasts 29 OFFICIAL PORTS of entry facilitating nearly $650 BILLION in international trade in 2015. Trade through Texas supports an estimated 1.6 MILLION TEXAS JOBS and adds $224.3 BILLION to GSP annually.
Ports of entry play a crucial role in making Texas the world’s 10TH LARGEST ECONOMY. They affect every part of our state, from our largest cities to rural counties. As the state’s chief financial officer, I hope highlighting their benefits will emphasize their importance to strong, diverse and growing regional economies.
AUTOMOTIVE PARTS, AUTOMOBILES & PETROLEUM PRODUCTS
Top imports from Mexico: Top exports to Mexico:
AIR LAND WATER
$300
$200
$100
0
56.4%
11.3%
32.3%
IN B
ILLI
ON
S
TOTAL TEXAS TRADE IN 2015
0
$50
$100
$150
$200
201520142013
TRADE WITH MEXICO OVERALL TRADE
Source: Texas Centers for Border Economic and Enterprise Development
THE WORLD TRADE BRIDGE IS USED BY MORE THAN
12,000 COMMERCIAL VEHICLES DAILY.
LAREDO BRIDGE SYSTEM
Laredo’s border crossings include five bridges between the U.S. and Mexico. Four of these are city-owned vehicular bridges. The fifth is a railroad bridge owned and operated by Kansas City Southern Railway Company, though the city controls southbound operations, employing 182 people and collecting $60 million in tolls. In addition to bridge employees, the U.S. Customs and Border Patrol employs 1,950 customs field officers and 1,770 Border Patrol agents.
32%363,000$52 BILLION
OF ALL INTERNATIONAL
TRADE IN TEXAS
JOBS
IN TEXAS GROSS DOMESTIC PRODUCT
Source: Laredo Bridge System City of Laredo
Mexico provides the bulk of trade passing through Laredo.
Source: Texas Centers for Border Economic and Enterprise
Development
IN B
ILLI
ON
S
LAREDO
Two million trucks or about 51 percent of all truck traffic crossing into Texas from Mexico.
More than 3,600 trains hauling some 400,000 rail cars.
3.5 million pedestrians and 5.2 million personal vehicles.
N U E V O L A R E D O
Source: U.S. Census Bureau
Laredo’s five border crossings accounted for $204 BILLION – 32 percent – of all international trade in Texas in 2015. They represent the largest commercial crossing from Mexico into Texas, as trains, commercial trucks and even pedestrians transport goods across its bridges.
Our analysis found that Laredo’s inland port creates some 363,000 net Texas jobs and contributes $52 BILLION to the state’s gross domestic product.
LAREDO BRIDGE SYSTEM BY THE NUMBERS
L A R E D O
ABOUT LAREDOMOTOR VEHICLES AND AUTOMOTIVE PARTS
IN 2015:
Laredo’s border crossings account for:
BROWNSVILLE
DEL RIO
EAGLE PASS
LAREDO
ROMA
RIO GRANDE CITY
HILDAGO
EDINBURG AIRPORT
PROGRESO
VALLEY INTERNATIONAL AIRPORT, HARLINGEN
To see a complete list, plus more in-depth regional data, visit: LAREDO IS ONE OF 29 OFFICIAL TEXAS PORTS OF ENTRY.
Glenn Hegar Texas Comptroller of Public Accounts 96-1791-2 (2/17)
comptroller.texas.gov/economy/economic-data/
LAREDO IS THE LARGEST COMMERCIAL CROSSING FROM MEXICO INTO TEXAS.
As the largest commercial crossing from Mexico into Texas, Laredo allows millions of commercial vehicles to transport goods between our state and Mexico. It also serves as a key piece of the Texas land port network, which in 2015 accounted for $204 BILLION in trade from 2 million trucks and more than 3,600 trains.
Trucks, trains and pedestrians use Laredo’s bridges, creating healthy growth in trade that boosts the local economy and stimulates industries from retail to warehousing, and has helped build Texas into the nation’s largest exporter — and the world’s 10TH LARGEST ECONOMY.
CONCLUSION
Source: Texas Centers for Border Economic and Enterprise Development
0
$50
$100
$150
$200
$250
EXPORTSIMPORTS
2014201220102008200620042002
Laredo border crossings are part of the larger Laredo Customs District. The district accounted for $284 billion in trade in 2015, making it the third-largest U.S. customs district by value, behind Los Angeles and New York.
LAREDO CUSTOMS DISTRICT
Source: U.S. Census Bureau
IN B
ILLI
ON
S
LAREDO IS ONE OF 11 LAND PORTS OF
ENTRY ALONG TEXAS’ 1,254-MILE BORDER
WITH MEXICO.
COMMERCIAL TRUCK TRAFFIC
Laredo’s commercial cross-border truck traffic has increased steadily.
2014-2015:
LAREDO BORDER CROSSING ACTIVITY
2015 NORTHBOUND BORDER CROSSINGS
5.3%17.8%
SOUTHBOUND TRAFFIC • NORTHBOUND TRAFFIC
UNITED STATESMEXICO
0
$10
$20
$30
PEDESTRIANSPERSONALVEHICLES
COMMERCIALTRUCKS
0
$10
$20
$30
PEDESTRIANSPERSONALVEHICLES
COMMERCIALTRUCKS 0
5
10
15
20
25
30
35
PEDESTRIANSPERSONALVEHICLES
COMMERCIALTRUCKS
Pedestrians
Personal Vehicles
Commercial Trucks
LAREDOPedestrians
Personal Vehicles
Commercial Trucks
OTHER TEXAS BORDER CROSSINGS
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
OTHER TEXAS BORDER CROSSINGS
LAREDO
COMMERCIAL TRUCKS
Nearly 11 million pedestrians, cars and trucks crossed into Laredo from Mexico in 2015. Northbound truck traffic jumped by 27.1 percent from 2010 to 2015, while traffic from other vehicles rose by 8.2 percent and pedestrian traffic fell by 2 percent.
Source: Texas Centers for Border Economic and Enterprise Development Source: Texas Centers for Border Economic and Enterprise Development
IN M
ILLI
ON
S
LAREDO CUSTOMS DISTRICT INCLUDES:
Port of Laredo, Texas
MAJOR TRADE AND FREIGHT CORRIDOR No. 1 Inland Port on U.S.– Mexico Border
No. 3 Largest U.S. Customs District
No. 5 Customs District for Exports in the U.S.
No. 7 Customs District for Imports in the U.S.
No. 1 Railroad Interchange on U.S.—Mexico
Border.
PO
RT
RA
NK
ING
S
♦ NAFTA Gateway for Air Cargo
♦ Serviced by two Class I Railroads—UP & KCS
♦ 11,000+ Coml. Truck & 1,200+ Railcar Crossings
♦ Bridge Expansion Project—7 Additional Lanes
♦ 40+ Million sq.ft. of Logistics Space
LOG
IST
ICA
L
INF
RA
ST
RU
CT
UR
E
EA
GLE
FOR
D
SH
ALE
The UTSA impact study forecasts the Eagle Ford Shale as one
of the most significant U.S. oil & gas discoveries which will
generate over $90 Billion in capital investment and over
116,000 plus full &me jobs for Laredo, Webb County and
South Texas by the year 2021.
INFORMATION
COMPILED BY:
Telephone: (956) 722-0563
Toll Free: 1-800-820-0564
Fax: (956) 722-6247
Email: [email protected]
616 Leal St.
P.O. Box 2682
Laredo, Texas 78044-2682
Website: www.ldfonline.org
TRADE STATISTICS LA
RE
DO
TR
AD
E T
RE
ND
S
TO
P 5
CO
MM
OD
ITIE
S
EX
PO
RT
ED
AT
TH
E L
AR
ED
O
CU
ST
OM
S D
IST
RIC
T T
OT
AL
VA
LUE
IN
$B
ILLI
ON
S*
**
2010 2011 2012 2013
Total U.S.-Mexico Trade (Bill.)***
$393.3 $461.1 $494.0 $506.50
Trucks—North* [Empty & Loaded]
1,585,675 1,707,210 1,780,699 1,846,282
Trucks—South* [Empty & Loaded]
1,595,888 1,541,911 1,603,862 1,658,063
Rail (loaded)* [North/South]
458,559 510,389 518,560 534,811
Air Cargo (GLW lbs.)** 419,323,814 457,594,516 461,813,288 398,752,468
Commodity** 2011 2012 2013
Motor Vehicle Parts $10.7 $12.2 $12.5
Gasoline, other fuels $2.4 $2.6 $3.0
Landline, Cellular phone equipment
$3.4 $2.8 $2.9
Motor Vehicles for Trans-porting People
$2.5 $2.8 $2.5
Internal Combustion pis-ton engines
*not in top ranking
*not in top ranking
$2.0
City 2011 2012 2013
Laredo $149.4 $168.8 $180.1
El Paso $61.2 $66.8 $68.2
Otay Mesa $34.3 $35.8 $37.0
Hidalgo $25.5 $26.8 $28.4
Nogales $22.5 $24.1 $28.1
Commodity** 2011 2012 2013
Motor Vehicle Parts $11.1 $13.3 $14.6
Commercial Vehicles *not in top
ranking *not in top
rank $12.0
Landline, Cellular phone equipment
$7.9 $8.1 $8.5
Motor Vehicles for Trans-porting People
$6.4 $8.2 $8.2
Tractors $4.1 $4.6 $5.2
*Data from the Texas Center at TAMIU
**Data from the Laredo InternaBonal Airport
***Data from the U.S. Trade Number—World City Magazine
****Data Compiled by Laredo Development FoundaBon
**In 2011 & 2012 the Top 5 CommodiBes changed in ranking
and 2013 reflects the current ranking.
TO
P 5
CO
MM
OD
ITIE
S
IMP
OR
TE
D A
T T
HE
LA
RE
DO
CU
ST
OM
S D
IST
RIC
T T
OT
AL
VA
LUE
IN
$B
ILLI
ON
S*
**
T
OP
5 I
N U
.S.
ME
XIC
O T
RA
DE
TO
TA
L IM
PO
RT
S &
EX
PO
RT
S
TO
TA
L V
ALU
E I
N $
BIL
LIO
NS
*
INFORMATION COMPILED BY THE LAREDO DEVELOPMENT FOUNDATION
