Which Country Is The Top Importer Of Texas Exports?

What are the top 5 countries Texas exports to?

Texas Depends on World Markets

The state’s largest market was Mexico. Texas exported $109.7 billion in goods to Mexico in 2018, representing 35 percent of the state’s total goods exports. Mexico was followed by Canada ($27.5 billion), China ($16.6 billion), Korea ($13.1 billion), and Japan ($12.1 billion).

What country does Texas trade with the most for exports?

Top 25 Countries Based on 2020 Dollar Value

Rank Country 2018 % Share
Total Texas Exports and % Share of U.S. Total 19.0
Total, Top 25 Countries and % Share of State Total 85.6
1 Mexico 34.8
2 Canada 8.7

Which 3 countries are Texas top export partners?

Mexico is Texaslargest export destination by far, followed by Canada; together, these nations accounted for nearly 42 percent of Texas exports in 2019 (Exhibit 4). Destinations outside North America have led Texas export growth in recent years, however — most notably South Korea, the United Kingdom and India.

What are the top imports of Texas?

Top Five Texas Imports

You might be interested:  FAQ: What Is A Dba Texas?
Commodities World Total Mexico
Crude oil from petroleum & bituminous minerals $34,558,579,043 $7,370,000,431
Electric apparatus for line telephony, etc.; Parts $31,400,090,073 $7,160,037,791
Electric machinery, etc.; Sound Equipment; TV Equipment; Parts $64,192,662,359 $22,654,788,907

What is the main industry in Texas?

Some of the major industries in the state of Texas include petroleum and natural gas, farming, steel, banking, and tourism.

What goods does Texas produce?

Texas is the top producer of cotton, hay, sheep, goats, mohair and horses. Some of the state’s top crops also vegetables, citrus, corn, wheat, peanuts, pecans, sorghum and rice. Texas is one of the leading exporters of agricultural commodities.

What does Texas export to Mexico?

Texas‘ largest exports to both Mexico and Canada include oil, natural gas, petrochemicals and motor vehicle parts. Eighty percent of Texas‘ dairy exports, and 84 percent of our poultry exports, go to Mexico.

Does Texas export oil?

More than 40% of U.S. natural gas exports come from Texas. Texas produces more natural gas and oil than any other U.S. state, and its operators, unlike those in North Dakota or Alaska, are not used to dealing with frigid temperatures.

What does Houston import and export?

Its top three imports, also by value, were (1) Gasoline, other fuels, (2) Oil, and (3) Passenger vehicles. By tonnage, Port of Houston’s top three exports were (1) Gasoline, other fuels, (2) LNG, other petroleum gases, and (3) Oil.

What does Houston export?

In 2019, the Houston region saw notable growth in exports of mineral fuels, oil and refined products — the leading commodity group exported through the Houston-Galveston Customs District, according to the GHP.

You might be interested:  Readers ask: How Far Away Is Texas?

What are some of Texas’s biggest exports and imports?

Top 10

  • Crude petroleum oils: US$43.5 billion (15.6% of total Texan exports)
  • Miscellaneous petroleum oils: $18.3 billion (6.6%)
  • Light petroleum oils: $17 billion (6.1%)
  • Integrated circuits (processors/controllers): $10.5 billion (3.8%)
  • Liquified propane: $9.4 billion (3.4%)

In what ways does trade impact the state of Texas?

Trade Creates & Supports Jobs in Texas

Imports support jobs and keep costs low, helping Texas businesses compete and saving Texas families real dollars at the cash register. faster annually than plants that do not export. Exporting plants also are less likely to go out of business.

Leave a Reply

Your email address will not be published. Required fields are marked *