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O FFICE OF T HE G OVERNOR E CONOMIC D EVELOPMENT & T OURISM

O FFICE OF T HE G OVERNOR E CONOMIC D EVELOPMENT & T OURISM. 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.

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O FFICE OF T HE G OVERNOR E CONOMIC D EVELOPMENT & T OURISM

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  1. OFFICE OF THE GOVERNOR ECONOMIC DEVELOPMENT & TOURISM

  2. 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

  3. 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

  4. 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 Texas. Wide Open For Business

  5. 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)

  6. 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.

  7. 2007 Exports from Texas to Eastern Europe

  8. 2007 Exports from Texas to Eastern Europe Export Growth numbers are in thousands ($ USD)

  9. Top exporting states to Eastern Europe Top Exporting States to Eastern Europe numbers are in thousands ($ USD)

  10. 2007 Exports from Texas to Western Europe

  11. 2007 Exports from Texas to Western Europe Export Growth numbers are in thousands ($ USD)

  12. Top exporting states toWestern Europe Top Exporting States to Western Europe numbers are in thousands ($ USD)

  13. 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.

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

  15. Texas FDI by Country

  16. Texas FDI by Industry

  17. 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%. Texas. Wide Open for Business

  18. Some of the world’s 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) Texas. Wide Open For Business

  19. Trade Activities Trade Missions Reverse Missions International Trade Shows Export Counseling Export Seminars Texas. Wide Open For Business

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