Overview This page contains the latest international trade data for Texas. In July 2022 Texas was the number 1 in total exports and the number 2 in total imports in United States.

Exports In 2021, United States' Texas exported $375B, making it the 1st largest exporter out of the 53 exporters in United States. In 2021 the top exports of Texas were Petroleum oils, oils from bituminous minerals,... ($62.5B), Petroleum spirit for motor vehicles ($28.9B), Light petroleum distillates nes ($24B), Propane, liquefied ($18.6B), and Electronic integrated circuits: processors and controllers,... ($11.2B).

Imports In 2021, United States' Texas imported $313B, making it the 2nd largest importer out of the 53 importers in United States. In 2021 top imports of Texas were Petroleum oils, oils from bituminous minerals,... ($24.1B), Units of automatic data processing machines:... ($15.1B), Communication apparatus (excluding telephone sets or... ($11.6B), Telephones for cellular networks or for... ($11.1B), and Light petroleum distillates nes ($8.89B).

Economic Complexity In 2020, the highest complexity exports of Texas according to the product complexity index (PCI) are Nitrile Compounds (1.08), Halogenated Hydrocarbons (0.94), Pig and Poultry Fat (0.73), Antiknock (0.63), and Acyclic Hydrocarbons (0.48). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2021): Mexico, $123B

Top Product (2021): Petroleum oils, oils from bituminous minerals,..., $62.5B

In 2021 the top export destinations of Texas were Mexico ($123B), Canada ($28.9B), China ($21.1B), South Korea ($18.6B), and Brazil ($14.6B).

In 2021 the top exports of Texas were Petroleum oils, oils from bituminous minerals,... ($62.5B), Petroleum spirit for motor vehicles ($28.9B), Light petroleum distillates nes ($24B), Propane, liquefied ($18.6B), and Electronic integrated circuits: processors and controllers,... ($11.2B).

Exports Dynamics

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Fastest Growing Exports Destination (Jul 2021 - Jul 2022)

Rapidly Declining Export Origins (Jul 2021 - Jul 2022)

Yearly Imports

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Top Origin (2021): Mexico, $108B

Top Import (2021): Petroleum oils, oils from bituminous minerals,..., $24.1B

In 2021 the top import origins of Texas were Mexico ($108B), China ($34.7B), Japan ($21.4B), Canada ($21.3B), and Vietnam ($14.7B).

In 2021 the top imports of Texas were Petroleum oils, oils from bituminous minerals,... ($24.1B), Units of automatic data processing machines:... ($15.1B), Communication apparatus (excluding telephone sets or... ($11.6B), Telephones for cellular networks or for... ($11.1B), and Light petroleum distillates nes ($8.89B).

Imports Dynamics

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Fastest Growing Import Origins (Jul 2021 - Jul 2022)

Rapidly Declining Import Origins (Jul 2021 - Jul 2022)

Economic Complexity

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Economic Complexity of Texas

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Economic Complexity (2021): 0.26

Texas ranks 29th out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Texas already has a comparative advantage, are led by Photographic Chemicals (0.18), Artificial Filament Tow (0.18), Developed Exposed Photographic Material (0.18), Halides (0.18), and Photo Lab Equipment (0.17).

Most Complex Products by PCI

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The highest complexity exports of Texas according to the product complexity index (PCI) are Nitrile Compounds (1.08), Halogenated Hydrocarbons (0.94), Pig and Poultry Fat (0.73), Antiknock (0.63), and Acyclic Hydrocarbons (0.48). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Sorghum (41.1), Pig and Poultry Fat (23.7), Nitrile Compounds (9.9), Ethers (9.8), and Acyclic Hydrocarbons (8.2).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Texas is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Texas. These are products that tend to be co-exported with the products that Texas exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.