USMCA

Last year, U.S. trade with Mexico and Canada reached nearly $1.4 trillion and supported 12 million American jobs in manufacturing, agriculture, technology, and the service sector in all 50 states. According to the Office of the Trade Representative, Texas was the largest state exporter of Made-In-America goods, setting a record of $315.9 billion in total exports. Trade numbers also show that Texas exported approximately $248.1 billion of manufactured products. Census data from 2016 estimated that 866,000 jobs were supported through the export of manufactured goods. Small and medium-sized firms generated 39.3 percent of Texas’ total exports of goods in 2016, a strong indicator that free trade is not only critical for our national economy but has a direct positive impact in our local communities.
The San Antonio-New Braunfels area top export partners in 2018 are Canada and Mexico, with a value of $6 billion and $2 billion in trade, respectively. Approximately 35 percent or $109.7 billion of the state’s total exports of goods go to Mexico, making our southern neighbor the state’s largest trade partner. USMCA delivers an agreement that will create more jobs, modernize trade in the digital age and foster innovation throughout many industries. SAMA’s leadership has helped to facilitate the growth of the manufacturing industry through advocacy on behalf of the business community throughout the greater San Antonio area and was actively involved in a call to action campaign targeting local congressional leaders to pass the USMCA. SAMA applauds the ratification and official signing of USMCA. Thank You to all of our members who joined and supported our advocacy efforts to assure that North American free trade continues to create an environment that allows for our industry to compete and thrive in the global economy.