According to a recent report from the Center for North American Studies, CNAS, at Texas A&M University, fresh produce imports from Mexico are expected to grow substantially in the coming years.
Luis Ribera, Ph.D., CNAS director, Bryan-College Station: “Produce imports from Mexico will continue to increase over the next several years, and much of this growth will be seen through land ports in Texas.” Ribera, Texas A&M AgriLife Extension Service economist in the Department of Agricultural Economics in Texas A&M College of Agriculture and Life Sciences, Bryan-College Station, was one of the report’s authors.
Ribera said that based on conservative assumptions, US fresh produce imports from Mexico will increase by approximately 29.2% over 2022 levels. Using economic multipliers for each sector of the US economy, these fresh produce imports from Mexico will increase business activity and provide a total economic impact of over $53 billion by 2030.
“Our ability to import fruits and vegetables from other countries, as well as our ability to export them, is beneficial to consumers and the economy,” Ribera said. “Consumers can get the products they want when they want them, and the two-way trade serves to bolster both the Texas and US economies. These imports also benefit our economy and create new jobs, especially in border states like Texas. Really, US consumers are the main beneficiaries.”
Source: agrilifetoday.tamu.edu