This timeline depicts Texas' imports and exports of goods from January 2017 to January 2025. In January 2025, the value of Texas' imports amounted to about 32.5 billion U.S. dollars; its exports valued around 37.7 billion U.S. dollars that month.
In 2024, Texas exported oil and gas with a total value of approximately *** billion U.S. dollars to China. *********** were the leading product category of exports from Texas to China that year.
In 2024, Texas remained the leading state in terms of value of exported goods to China. Goods worth approximately **** billion U.S. dollars were exported from Texas to China in 2024. This figure represents a decrease of **** percent over 2023 levels.
In 2024, the state of Texas exported goods internationally worth around 455 billion U.S. dollars. The second-highest state was California which exported goods worth around 183 billion U.S. dollars.
California is the richest state of the United States. The state’s trade volume is currently about 58 billion U.S. dollars, with imports making about 75 percent of this value. Compared to Texas, the second-largest state after itself, California exported less goods to the rest of the world over this period. California’s economic contribution California’s economic output places the state at the top in the United States. Measured by GDP, California contributed 3.2 trillion U.S. dollars to the U.S. economy, 50 percent more than that of Texas. On a per capita basis, California’s GDP corresponds to almost 83 thousand U.S. dollars in real terms. Tech companies and wages in California California is the home to technology powerhouses of the United States. The world’s highest capping tech companies such as Apple and Google were founded and headquartered in California. According to a 2023 study, Silicon Valley was also the leading hub that offered the highest wages to tech workers. On average, a tech employee earned around 142 thousand dollars working for a Silicon Valley company.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Credit report of Chief Texas Companies contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
With over 60 billion U.S. dollars of chemical exports in 2022, Texas reported the highest export value among all U.S. states. Louisiana came in second that year with 13.17 billion U.S. dollars, with these top two states accounting for over half of the total chemical exports in the country. Other significant states in terms of export values included New Jersey, California, and Illinois. Overview of the U.S. chemical industry The chemical industry in the United States is a significant sector that generates billions of dollars in revenue annually. In 2021, chemical shipments from the United States were worth 769 billion U.S. dollars while the industry's total revenue was valued at 492.4 billion U.S. dollars that year. Although this figure represents a reduction compared to its maximum total revenue of 818.2 billion U.S. dollars, recorded in 2015, the United States is still home to several of the world's leading chemical companies. As such, the value of the United States' chemical exports has increased from around 76.8 billion U.S. dollars in 2001 to approximately 233 billion U.S. dollars in 2021.
The global chemical industry and its key players The global chemical industry is a lucrative sector that generates billions of dollars in revenue annually. In 2021, the chemical industry's total worldwide revenue stood at 4.73 trillion U.S. dollars. China leads the world in chemical exports, with exports amounting to over 106 billion U.S. dollars in 2021, followed by the United States with exports worth over 56 billion U.S. dollars that year. China is also the largest consumer of chemicals, with a consumption value of 1.76 trillion euros in 2021. In comparison, the United States' chemical consumption amounted to around 412 billion euros in the same year.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Credit report of Kidney And Primary Care Of Texas contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
https://www.industryselect.com/licensehttps://www.industryselect.com/license
The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.
Over the past decade leading up to 2024, the value of exported goods from Louisiana to China has increased by 158 percent. Out of the leading ten U.S. states-exporters to China, Indiana experienced the highest growth in the value of exported goods to China in this timeframe. In 2024, Texas was the U.S.'s largest export state to China, with a 108.3 percent export value growth over the past decade.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
https://www.globaldata.com/privacy-policy/https://www.globaldata.com/privacy-policy/
Freeport LNG (FLNG) is undertaking the construction of an LNG Plant and Export Terminal on the site of FLNG's existing import terminal in Texas, the US.The project involves the construction of an export terminal with a capacity of 2 billion cubic feet per day (BCFD) of gas. It includes the construction of a liquefaction plant, storage tanks, conveyor, loading facility, four liquefaction trains with a capacity of 4.4 million tonnes of LNG per annum (MTPA) each i.e, total 13.2MTPA and pipeline transportation facility. The fourth liquefaction train with a nominal production capacity of 5.1 million tonnes/year.FLNG appointed CH-IV International to work on the pre-FEED study and selected Chart Industries as the technology provider for the reliability, efficiency and overall performance of liquefaction process. Chart has been appointed to provide detailed process design and equipment specifications and to supply the critical cryogenic equipment such as the cold boxes for the liquefaction trains.FLNG appointed Air Products and Chemicals, Inc. (APCI) as the liquefaction technology provider for its experience and overall performance of its proprietary cryogenic liquefaction process (C3MR).The project will be financed by Macquarie Bank. Macquarie Bank and FLNG plan will jointly market half of the export plant’s capacity, and the other half will be offered to FLNG’s existing import customers Dow Chemical and ConocoPhillips.Chicago Bridge and Iron (CB&I) and Zachry Corporation have been appointed as FEED contractors on the project.FLNG filed two applications with the Department of Energy (DOE), each for 511 Bcf/year, in December 2010 and 2011 respectively and received approval from DOE to export LNG to Free Trade Agreement countries in February 2011 and 2012 respectively.In December 2010, FLNG submitted a pre-filing request with Federal Energy Regulatory Commission (FERC) to begin the environmental review of the liquefaction project and in December 2011, FLNG completed and filed drafts of all resource reports for FERC application, including the draft technical Resource Report 13 (FERC FEED). A formal FERC application pursuant to Section 3 of the Natural Gas Act was filed in August 2012.On February 10, 2011, FLNG secured approval to export LNG from this facility to FTA countries.In May 2011, DOE granted the first authorization to export LNG to non-FTA countries for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana, at a rate of up to 2.2BCFD.The project received approval from DOE for exporting the product to the countries with which free Trade agreement were signed.In July 2012, FLNG signed 20-year LTAs with Osaka Gas and Chubu Electric for train I production (2.2 mtpa each), and in February 2013, a 20-year LTA was signed with BP for train II output (4.4 mtpa).In May 2013, DOE conditionally authorized FLNG export application from the FLNG Terminal on Quintana Island, Texas, to countries that do not have a free trade agreement (FTA) with the US.In September 2013, FLNG signed offtake agreements with Toshiba Corporation and SK E&S (2.2 mtpa each) for train III.In December 2013, CB&I and Zachry Industrial, Inc. were awarded the EPC contract for the construction of first two trains. In December 2013, IFM Investors entered into an agreement with FLNG to invest approximately US$1,300 million of equity funding for the project. The investment will provide equity required for the development of Train II.On February 27, 2014, Osaka Gas and Chubu Electric entered into an agreement with FLNG to invest approximately US$1,200 million of equity funding for the project. The investment will provide equity required for the development of Train I.In April 2014, project secured final environmental impact statement (FEIS) from the U.S. Federal Energy Regulatory Commission.In July 2014, FLNG secured FERC approvals for the project.On September 10, 2014, GE Oil & Gas secured a contract from FLNG to provide technology and capital for the project. It will also supply the main refrigeration compressors, variable-speed drive electric motors and other electrical equipment for two customized LNG liquefaction trains.On October 20, 2014, project secured approval from FERC to go ahead with the construction works.On November 10, 2014, construction works initiated with groundbreaking ceremony for the first two trains.On November 25, 2014, FLNG secured US$11,000 million for the Train I and Train II in debt and equity financing transactions. For Train I: US$4,369 million was secured in debt financing by Japan Bank for International Cooperation (JBIC), The Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, Mitsubishi UFJ Trust and Banking Corporation, and ING Bank N.V., Tokyo Branch insured by Nippon Export and Investment Insurance (NEXI). US$1,240 million was secured in equity financing by Osaka Gas Co., Ltd. (Osaka Gas) and Chubu Electric Power Co., Inc. (Chubu Electric).For Train II: US$4,025 million was secured in debt financing by a syndicate of 25 commercial banks under a 7-year mini-perm construction facility. US$1,300 million was secured in equity financing by IFM Investors.FLNG has signed Liquefaction Tolling Agreements with Osaka Gas and Chubu Electric for the first train, BP Energy Company for the second train and Toshiba Corporation and SK E&S for the third train.On March 26, 2015, a joint venture between CB&I, Chiyoda International Corporation, a U.S. based wholly-owned subsidiary of Chiyoda Corporation and Zachry Industrial Inc. was awarded the EPC contract worth US$2,000 million for the construction of Train III.On April 28, 2015, financial closure was secured for Train III, which includes US$3,692 million in debt financing and US$925 million of equity financing. The debt financing has been provided by 27 commercial banks and financial institutions under a seven-year mini-perm debt facility and the equity financing has been provided by Freeport LNG through mezzanine debt financing. The mandated lead arrangers were: ING Bank US$188 million; Bank of Tokyo and Mitsubishi UFJ US$188 million; HSBC US$190 million; Credit Suisse US$114 million; Crédit Agricole US$188 million; Royal Bank of Canada US$114 million; Standard Chartered US$114 million; BBVA US$114 million; Mizuho US$188 million; Lloyds Bank US$114 million; Société Générale US$188 million; Scotiabank US$188 million; Sumitomo Mitsui Banking Corporation US$188 million; Goldman Sachs US$114 million; Deutsche Bank US$188 million; Intesa Sanpaolo US$188 million; Natixis US$188 million; Bank of Montreal US$114 million; Santander US$114 million; Canadian Imperial Bank of Commerce US$114 million; Industrial Commercial Bank of China US$114 million; Bank of America Merrill Lynch US$114 million; Korea Development Bank US$112 million; National Australia Bank US$114 million; Barclays US$51 million; Mitsubishi Trust US$50 million; and Shinsei Bank US$50 million.Chadbourne & Parke LLP represented the lenders for Train III of the project. White & Case LLP has been appointed as legal advisor.In May 2015, construction works on Train III commenced.In June 2015, Honeywell Process Solutions secured the Automation Contract. The scope of the work includes designing, delivering and installing the automation, instrumentation, controls, and safety and security systems for the project.On September 8, 2016, Mammoet was awarded a supply contract for the project. The scope of the contract includes transporting a substantial number of pieces to two different sites located three miles apart. Mammoet is using two different methods of transport, by barge and over the road, depending on the various weights and sizes of the pieces, resulting in significant time savings.In June 2017, FLNG Liquefaction 4 LLC (FLIQ4), a wholly owned subsidiary of FLNG have filed a formal application with the FERC for authorization to site, construct, and operate a fourth liquefaction train.In July 2017, the front-end engineering and design for the proposed fourth liquefaction train were commenced.In March 2018, the FLNG secured the export permit for the fourth train by DOE.On June 26, 2018, FLNG signed a three-year contract with Trafigura PTE Ltd. to supply a half-million tons of liquefied natural gas each year.FLNG will commence supplying LNG to the company once construction is complete.FERC officials are expected to issue a final environmental assessment for the fourth train in November 2018 and a decision on the permit in January 2019.On September 5, 2018, FLIQ4 and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation jointly entered into a binding Heads of Agreement(HOA) for 2.2 million tons per annum (mtpa) of LNG. Under the HOA, SCOA has agreed to negotiate for a 20-year liquefaction tolling agreement (LTA). The LTA is expected to commence in 2023 upon the commencement of commercial operations of the fourth train (Train 4) of FLNG’s natural gas liquefaction and export facility.Construction activities on the three trains are underway. The first train is scheduled to complete on September 1, 2019, the second on January 2020 and third in May 2020. Read More
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
In 2024, Chinese exports of trade goods to the United States amounted to about 438.95 billion U.S. dollars; a significant increase from 1985 levels, when imports from China amounted to about 3.86 billion U.S. dollars. U.S. exports to China Compared to U.S. imports from China, the value of U.S. exports to China in 2020 amounted to 427.23billion U.S. dollars. China is the United States’ largest trading partner, while China was the United States third largest goods export market. Some of the leading exports to China in the agricultural sector included soybeans, cotton, and pork products. Texas was the leading state that exported to China in 2020 based on total value of goods exports, at 16.9 billion U.S. dollars. U.S. - China trade war The trade war between the United States and China is an economic conflict between two of the world’s largest national economies. It started in 2018 when U.S. President Donald Trump started putting tariffs and trade barriers on China, with the intent to get China to conform to Trump’s wishes. President Trump claimed that China has unfair trade businesses. As a result of this trade war, it has caused a lot of tension between the U.S. and China. Nearly half of American companies impacted by the U.S.-China trade tariffs said that the trade war increased their cost of manufacturing. The healthcare product industry has suffered the most from the trade war in regards to reduced profits.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
This timeline depicts Texas' imports and exports of goods from January 2017 to January 2025. In January 2025, the value of Texas' imports amounted to about 32.5 billion U.S. dollars; its exports valued around 37.7 billion U.S. dollars that month.