Port of Entry: Laredo Economic Impact, 2015 - Texas Comptroller …

The border crossings at Laredo together form one of 11 land ports along Texas' 1,254 mile-long border with Mexico.3 Each border crossing enables the movement of people and goods between the neighboring countries through commercial, vehicular and pedestrian traffic.4 Laredo's land port consists of five bridges … See more

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PORT OF ENTRY LAREDO - Texas Comptroller Of Public …

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PORT OF ENTRY LAREDO Ports of entry within the state of Texas accounted for nearly $740 BILLION in international trade in 2018. Texas has 29 OFFICIAL PORTS of entry that serve as …

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Economic Outlook Report - Laredo Chamber

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Apr 21, 2022 · naged through this border crossing. Port Laredo operates 30% of the total U.S. world trade that transits through ports of entry in Texas and approximately 40% of total trade …

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Port Of Laredo Cargo Is Big Winner In Biden’s New I-27 Law

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Apr 2, 2024 · The number of trucks entering the Laredo land port of entry from Mexico in 2023 rose nearly 5% over 2022 to 2.8 million, the Bureau of Transportation Statistics noted. In 2023, …

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FAQs about Port of Entry: Laredo Economic Impact, 2015 - Texas Comptroller … Coupon?

How much does trade through the Laredo port of entry affect Texas?

How does Laredo affect trade?

Based on the Comptroller’s estimate, trade through the Laredo port of entry in 2018 affected about 474,400 net jobs in Texas, and about $72 billion in gross domestic product (GDP) is related to trade through this port of entry (Exhibit 1). 2 Laredo’s several border crossings form one of 11 land ports along Texas’ 1,254-mile border with Mexico. ...

How much traffic does Laredo port handle?

In 2018, the Laredo port of entry handled northbound border-crossing traffic of about 2.3 million trucks, more than 5 million cars (with nearly 11 million passengers) and more than 3.7 million pedestrians. Shipping activity through this port accounted for $234.7 billion in trade in 2018, 193 percent more than in 2003 ($80.1 billion) (Exhibit 3). ...

Is Laredo a good trade port?

Recent U.S. Census Bureau data shows that the city gained the No. 1 spot among the nation’s 450 international gateways for trade in February. The distinction comes after three years of the Port of Laredo falling down two places to third, and it was the first time since February 2020 that the city was the top trade port in the U.S. ...

How much money does Laredo Trade with Mexico?

The data suggests Laredo recorded $24.6 billion in two-way trade overall, and Mexico commerce represented a large majority of that trade. A total of $23.9 billion came via trade with the southern neighbor, signaling the huge ties that exist between Laredo and the Mexican economy. ...

Why is Port Laredo important?

Port Laredo offers a strategic rail connection, optimizing the transportation of goods and promoting competitiveness in the international market. Access an agile and reliable logistic network, shortening distances and maximizing speed in cross-border commercial exchange. Port #1 of entry to the U.S. by value of merchandise. ...