Business

Texas Exports Top $265 Billion In 2012

The Commerce Department says both Texas and the U.S. as a whole set new records for annual exports last year.

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Texas merchandise exports rose to $265 billion in 2012, up 6% from 2011. The state was one of 29 that set new records for exports last year, bringing nationwide export sales to $2.2 trillion.

Rebecca Blank is deputy secretary of commerce.

“The growth of exports in Texas reflects in part the national growth, but also reflects the real mix of strong products and strong markets that Texas exports to.”

Texas’ leading export categories were petroleum products, chemicals, and computer and electronic products — all of which are in growing demand around the world. The state benefitted from rising sales to oil exporting nations. Exports to Saudi Arabia rose almost 30% year-over-year, while sales to Venezuela nearly doubled.

 

 

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media's coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments across Greater Houston. Before taking up his current post, Andrew spent five years as Houston Public Media's business reporter, covering the oil...

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