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Import/Export Price Indexes

Texas: Price Movements of Top Nonenergy Exports and Other Highlights

May 2023

scenery in Texas

Texas remained the top exporting state in 2022, with a total export trade dollar value rising to $485.6 billion, 29.0 percent higher than 2021. Export prices for chemical manufacturing, the largest nonenergy export from Texas, advanced in April. The export price indexes for transportation equipment manufacturing and machinery manufacturing rose over the same period and prices for computer and electronic product manufacturing decreased in April.

Top Six Texas Nonenergy Exports by Trade Dollar Value, 2022

  • The combined value of exports from Texas represented 23.5 percent of the 2022 U.S. total export trade dollar value.
  • Texas accounted for 22.1 percent of the total U.S. export trade dollar value for chemical manufacturing in 2022, ranking first among U.S. states in exports for the industry.
  • The top 6 nonenergy exports from Texas accounted for 79.8 percent of the total trade dollar value of Texas nonenergy exports in 2022.

U.S. Export Price Indexes: Chemical Manufacturing

  • The price index for chemical manufacturing exports increased 0.1 percent in April.
  • A 0.5-percent rise in prices for soap, cleaning compound, and toilet preparation manufacturing contributed to the monthly increase in prices for chemical manufacturing.
  • Export chemical manufacturing prices declined 6.4 percent over the past year.

U.S. Export Price Indexes: Computer and Electronic Product Manufacturing

  • Computer and electronic product manufacturing export prices edged down 0.1 percent in April.
  • Export computer and electronic product manufacturing prices decreased 1.6 percent for the 12 months ended April 2023.
  • The 12-month decrease in the price index for computer and electronic product manufacturing was led by a 5.0-percent decrease in computer and peripheral equipment manufacturing prices.

U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • Transportation equipment manufacturing export prices advanced 0.1 percent in April.
  • The index for export transportation equipment manufacturing prices increased 4.2 percent for the 12 months ended April 2023.
  • The 12-month increase in prices for export transportation equipment manufacturing was driven by a 6.7-percent increase in prices for aerospace product and parts manufacturing.

U.S. Export Price Indexes: Machinery Manufacturing

  • Export machinery manufacturing prices rose 0.4 percent in April.
  • Prices for export machinery manufacturing advanced 5.5 percent over the past year.
  • A 7.4-percent increase in commercial and service industry machinery manufacturing export prices contributed to the 12-month rise in machinery manufacturing prices.


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Last Modified Date: May 24, 2023