Everything In Texas Is Big—And Getting Bigger
Thursday, January 24, 2019
The Lone Star State has been the busiest exporter among U.S. states for 16 consecutive years, shipping out $264 billion in goods in 2017.
If Texas were a nation, it would rank as the 10th largest economy in the world based on GDP, ahead of Australia, Mexico, Spain, Russia and many others.
Texas maintains its position as the nation’s #1 exporter—a title the state has held for 16 consecutive years. In 2017, Texas exported $264 billion in goods to destinations all over the world with Mexico, Canada, China, Brazil and Korea as its top trading partners.
Behind Texas’ strong economy are 48 Fortune 500 companies, including ExxonMobil, AT&T, Sysco and American Airlines, more than 1,400 foreign companies such as Toyota, BAE Systems, Siemens and Shell Oil and 2.4 million small businesses.