Even with COVID-19, exports are booming from the Lone Star State.
In 2020, Texas once again led the U.S. in exports, as it has every year since 2001, according to Census Bureau data. Last year, Texas’s $279.3 billion worth of exports was greater than the combined worth of the three next largest exporting states: California, New York and Louisiana.
The U.S. Census Bureau ranked Texas as the top exporting state for the 19th consecutive year in 2020. Texas also led the nation in tech exports for the eighth year in a row, with $44.8 billion in exports. California’s $37.5 billion worth of tech exports ranked second.
High tech exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
Additionally, in 2019, Texas overtook Louisiana in becoming the number one state in maritime commerce by tonnage, with Port Houston becoming the tonnage leader among U.S. ports at the same time.
It seems that beating California is pretty much Houston's gig.
Join the newsletter to receive the latest updates in your inbox.