Fact Friday: Texas Ranks Number 1!

Fact Friday:  
          

Texas Ranks Number One in Exports for 11th Consecutive Year!

Texas is ranked as the number one EXPORTING state for the 11th year in a row,  according to statistics for 2012 released by the U. S. Department of Commerce.

Texas exports for 2012 totaled $265 billion,  a 5.4 percent increase from the $251 billion recorded in 2011.  The state's top export recipients were Mexico ($94.8 billion), Canada ($23.7 billion), China ($10.0 billion) and the Netherlands ($9.5 billion) which imported Texas manufactured goods, respectively.

The leading exporting industries in Texas in 2012 were petroleum and coal products, chemicals, computer and electronic products, non-electrical machinery and transportation equipment.  The Port of Houston is home to the largest petrochemical complex in the nation, and many of the other top goods move across Port of Houston Authority docks.

 

Texas Economy hits highest point in Two Years!

Report: Texas economy hits highest point in two years


Published: April 14, 2011

The Texas economy is performing better now than anytime in the last two years, Comerica Bank reported this week.

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A FEW INTERESTING FACTS -- TEXAS
FROM  THE  FREE TRADE ALLIANCE IN SAN ANTONIO TX



For the 8th consecutive year, Texas has been ranked the No. 1 export state in the United States. Texas' exports totaled more than $163 billion for 2009, with top export recipients being Mexico, Canada, China, the Netherlands, and Korea.

These countries imported $56 billion, $13.7 billion, $8.9 billion, $6 billion, and $5.3 billion in Texas manufactured goods, respectively. Texas' top exporting industries in 2009 were computers and electronics, chemicals, machinery, petroleum and coal, and transportation equipment.

According to a recent study and announced by Governor Perry, San Antonio and six other metropolitan areas in Texas are expected to be among the first to emerge from the recession.