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.
In 2024, Texas remained the leading state in terms of value of exported goods to China. Goods worth approximately 21.5 billion U.S. dollars were exported from Texas to China in 2024. This figure represents a decrease of 16.2 percent over 2023 levels.
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.
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.
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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.
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.
Texas is by far the largest oil-producing state in the United States. In 2024, Texas produced a total of over two billion barrels. In a distant second place is New Mexico, which produced 744.6 million barrels in the same year. Virginia is the smallest producing state in the country, at three thousand barrels. Macro perspective of U.S. oil production The U.S. oil production totaled some 19.4 million barrels of oil per day, or a total annual oil production of 827 million metric tons in 2023. As the largest oil producer in the U.S., it is not surprising that Texas is home to the most productive U.S. oil basin, the Permian. The Permian has routinely accounted for at least 50 percent of total onshore production. Regional distribution of U.S. oil production A total of 32 of the 50 U.S. states produce oil. There are five regional divisions for oil production in the U.S., known as the Petroleum Administration for Defense Districts (PADD). These five regional divisions of the allocation of fuels derived from petroleum products were established in the U.S. during the Second World War and they are still used today for data collection purposes. In line with the fact that Texas is by far the largest U.S. oil producing state, PADD 3 (Gulf Coast) is also the largest oil producing PADD, as it also includes the federal offshore region in the Gulf of Mexico. There are around 590 operational oil and gas rigs in the country as of February 2025.
California was the leading U.S. state in terms of the overall number of milk cows, with a total of over 1.7 million milk cows as of 2024. The total number of milk cows on farms in the United States shows that California holds a significant share of the total number of milk cows in the country. Unsurprisingly, California is also the leading milk producing state in the United States. Dairy industry in the U.S. According to the USDA, milk from U.S. farms is 90 percent water, with milk fat and skim solids making up the remaining 10 percent. Cow milk is a component of several dietary staples, such as cheese, butter, and yoghurt. Dairy is a very important industry in the United States, with this sector alone creating significant employment throughout the United States. The overall income of dairy farms in the U.S. amounted to about 51.3 billion U.S. dollars. Holtsein is the most popular breed of dairy cow farmed in the United States. Holstein have the highest milk production per cow in comparison to any other breed. Where is the U.S. positioned in the global dairy market? Topped only by the EU-27, the United States ranks as the second largest cow milk producer in the world, followed by India, Russia, and China. The United States also features among the top ten global milk exporters. The outlook for the future of the industry is also good, with milk production in the United States projected to steadily increase over the next years.
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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.