Inc. magazine revealed that Terra Exports, a global import and export trading company, is No. 4,260 on this year’s 41st annual Inc. 5000 list—a prestigious ranking of U.S. fastest-growing private companies. This is the company’s fifth appearance on the Inc. 5000 list. Terra Exports ranked No. 4,260 in 2022, No. 1,086 in 2021, No. 1,899 in 2020, No. 1,587 in 2019 and No. 923 in 2017. Only four percent of companies have made the list five times.
A working paper from the U.S. Department of Agriculture Office of the Chief Economist on the impacts of COVID-19 on agriculture estimated reduced agricultural trade between five to 10 percent at the aggregate sector level. While the past few years have presented unprecedented hardship, Terra Exports credits its team’s flexibility, ingenuity and determination to embrace change and—more often than not—view each “obstacle” as a solution.
“At this stage of our company’s development, our growth is entirely due to the team's vision and ambition,” said Nils Goldschmidt, CEO. “Leadership is here to provide the tools, but the real work and sustained success stem from each of our team members who are out there making things happen every single day. The next five years—now under the umbrella of our parent company GrubMarket—will further set the stage for additional growth and focus on what we do best. We're now focusing on further developing our current competitive advantages as an organization."
The most significant growth driver within Terra Exports’ domestic sales division is its Avolicious & Puglies avocado labels. Given global logistics challenges stemming from international and export divisions, its private labels have been critical.