#1- Exporter: Texas maintains its position as the nation’s #1 exporter—a title the state has held for 17 consecutive years. In 2018, Texas exported $315 billion in goods to destinations all over the world with Mexico, Canada, China, South Korea, Japan, Brazil and Netherlands as its top trading partners.
#2- Home to World-Leading Companies: Behind Texas' strong economy are 49 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. See which Fortune 500 companies have their headquarters here.
#3- 14 Million Productive Workers: Texas has the second largest civilian workforce in America—14 million Texans. Our top-notch schools feed a strong pipeline of talent into the state and out-of-state workers continue to flock to Texas to take advantage of diverse job opportunities and quality of life amenities.
#4- According to Forbes -The $1.8 trillion Texas economy is the second biggest in the U.S., behind only California. Texas ranks third for current economic climate and first for its growth prospects, thanks to strong employment and income growth forecasts over the next five years. #5- 380 Airports serve Texas travelers The state's two largest airports, Dallas-Fort Worth International (DFW)and George Bush Intercontinental in Houston (IAH), are major domestic and international hubs. DFW was ranked the 2019 Global Airport of the Year by Air Transport World and is the fourth largest airport in America. #6- 10,539 miles of freight rail, more than any state. Dynamic Transportation Network: Texas has more miles of public roads (over 313,220) and freight rail (10,539) than any other state.
#7- Ports Built for Global Trade: •16 seaports, including 11 deep water ports with channels at least 30 feet deep, Texas ranks as the top U.S.The largest Gulf Coast container port, the Port of Houston, has led the nation in waterborne foreign trade for 19 consecutive years. The Port of Corpus Christi, the Port of Brownsville and the Port of Port Arthur also consistently rank in the top ten in the U.S.
#8- Game-Changing Incentives: Texas is home to one of the most competitive, deal-closing incentive programs in the nation—the Texas Enterprise Fund (TEF). Other powerful programs, including the Texas Enterprise Zone Program, the Skills Development Fund and additional incentives offered at the local level, help companies successfully relocate and expand in the Lone Star State without compromising their bottom line. Learn more about Texas’ available incentives and financing offerings here.