Business Digest

The U.S. Department of Commerce has named Texas the top exporting state in the nation for the seventh year in a row based on 2008 export data. Texas exports increased more than 14 percent over the last year totaling $192.14 billion approximately $23.92 billion more than 2007.
Maintaining our rank as the nations top exporting state is proof positive that Texas has sound policies in place to cushion it from the effects of an economic downturn" said Gov. Perry.
By maintaining low taxes and reasonable and predictable regulations business in Texas can continue to flourish ensuring our ongoing position as a top exporting state and competitor in the global marketplace." Texas top export recipients in 2008 were Mexico Canada China the Netherlands and Brazil which respectively imported $62.08 billion $19.2 billion $8.4 billion $7.06 and $5.96 billion billion in Texas-manufactured goods and services.
Texas top exporting industries in 2008 were chemicals computers and electronics machinery petroleum and coal and transportation equipment which posted increased exports of 9.5 percent 5.1 percent 9.3 percent 72 percent and 2.74 percent respectively.