Texas Facts

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OFFICE OF THE GOVERNOR ECONOMIC DEVELOPMENT
TOURISM
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Texas. Wide Open For Business

• In the past 4 years, Texas
• Exports have increased
• over 19 percent
• Texas Exports in 2007
• 168 billion
• Texas Exports rose 72.7 billion from 2002-2007.
  That is 76.3 percent increase.
• Source All statistical data within presentation
• are drawn from the USDOC

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Texas. Wide Open For Business

• In 2007 Texas exported to 221
• foreign destinations. Largest markets
• Mexico
• 56 billion (33 percent)
• Canada
• 16.8 billion
• China
• 8.3 billion
• Other top markets included South Korea,
  Netherlands, Taiwan, Singapore, Brazil, Japan,
  and United Kingdom

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Texas. Wide Open For Business

• Texas Exports to Global Regions in 2007
• Asia 35 billion
• Europe 26 billion
• Latin America Carib. 19.5 billion
• Middle East 6.4 billion
• Africa 6.7 billion

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Texas. Wide Open For Business

• Chemical manufactures make up 20.8 percent of
  Texas' exports
• Leading Texas Export categories
• Computers electronic products (34 billion)
• Machinery manufactures (25 billion)
• Transportation equipment (16 billion)
• Petroleum and coal products (15 billion)
• Electronic Equipment., Appliances Parts (7
  billion)

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Texas. Wide Open For Business

• A total of 21,983 companies exported goods from
  Texas locations in 2006. Of those, 92 percent
  were small and medium-sized enterprises (SMEs)
  with fewer than 500 employees.
• SMEs generated 27 percent of Texas's total
  exports of merchandise in 2006.

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2007 Exports from Texas to Eastern Europe
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2007 Exports from Texas to Eastern Europe

• Export Growth
• numbers are in thousands ( USD)

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Top exporting states to Eastern Europe
Top Exporting States to Eastern Europe numbers
are in thousands ( USD)
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2007 Exports from Texas to Western Europe
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2007 Exports from Texas to Western Europe

• Export Growth
• numbers are in thousands ( USD)

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Top exporting states toWestern Europe

• Top Exporting States to Western Europe
• numbers are in thousands ( USD)

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Texas Foreign Direct Investment

• In 2006, majority-owned
• affiliates of foreign companies
• employed 344,600 workers in
• Texas. This is the third highest
• figure among the 50 states,
• trailing only California and New
• York.

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Texas. Wide Open For Business

• Major sources of Texas's foreign
• investment supported jobs in 2006 were the
• United Kingdom, the Netherlands, France,
• Canada, Germany and Japan.

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Texas FDI by Country
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Texas FDI by Industry
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Texas. Wide Open for Business

• Manufacturing accounts for the majority of Texas
  FDI, with Manufacturing estimated at almost
  40.4B or 46.
• Wholesale Trade is a distant second, with almost
  21.2B or 25.

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Texas. Wide Open For Business

• Some of the worlds top-ranked companies doing
• business in Texas include
• Toyota Motor (Japan), IKEA (Sweden)
• BP (UK), Samsung (South Korea)
• Royal Dutch Shell Group (The Netherlands),
• BASF (Germany)
• In April 2005, Texas was named the 2005-2006
  U.S. State of the Future. (Foreign Direct
  Investment magazine, April 2005)

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Texas. Wide Open For Business

• Trade Activities
• Trade Missions
• Reverse Missions
• International Trade Shows
• Export Counseling
• Export Seminars