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Studying the Border to Do Business Better

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“Navarro, who owns Bonanza Foods & Provisions Inc. in the L.A. community of Vernon, is among numerous Hispanic business owners who hope to jump-start cross-border commerce. He was part of a small delegation that recently traveled to a Mexican symposium attended by companies from the states of Jalisco, Colima and Nayarit.

Trade between California and Mexico accounted for $16.2 billion in exports and $24.2 billion in imports through the state’s three customs districts in 2005, according to the Los Angeles County Economic Development Corp. That represented 12 percent of total exports and 8 percent of total imports through those districts. The figures understate California’s commerce with Mexico because a significant fraction of this flow of goods travels through Texas border crossings and therefore isn’t counted as foreign trade with California.”

Posted on: October 12th, 2006
Curation from Tomás
Filed Under: 1. Hispanic News, Business
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