Arizona-Mexico trade relationship continues to boost border economies

Category: Border Crossing
Published: 2019-12-02
Arizona-Mexico trade relationship continues to boost border economies

ARIZONA – Mexico is Arizona’s top trading partner, accounting for about 30% of the state’s exports to foreign markets, according to an extensive ongoing study by the Eller College of Management at the University of Arizona.

With that in mind, it’s no wonder that business leaders, trade experts and economists agree the cross-border relationship is of the utmost importance to Arizona when it comes to trade, manufacturing, education, safety, tourism and more.

The organization works to improve economic prosperity and quality of life for Arizonans through close public and private collaboration with Mexico.

“If 60 years of work with the Arizona-Mexico Commission has taught us anything, it’s that we achieve so much more when we work together,” said Gov. Doug Ducey.

Ducey has been instrumental in enhancing the AMC’s effectiveness throughout his tenure as governor, calling the relationship between Arizona and the Mexican state of Sonora an “ethnocultural entity that precedes even the existence of both Mexico and the United States”.

According to the AMC, visitors from Mexico contribute more than US$7 million a day to Arizona’s economy by shopping in stores, eating at restaurants, staying in hotels and spending money at businesses in the state.

Source: Chamber Business News