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Import/Export Price Indexes
Bureau of Labor Statistics > Import/Export Price Indexes > Home

Texas: Price Movements of Top Nonenergy Exports and Other Highlights

July 2024

Photo of the Alamo in Texas

Texas remained the top exporting state in 2023, with a total export trade dollar value of $444.6 billion, 8.8 percent lower than 2022. Export prices for chemical manufacturing, the largest nonenergy export industry from Texas, decreased in June. The export price index for computer and electronic product manufacturing also declined over the same period. Machinery manufacturing export prices advanced in June, and prices for export transportation equipment manufacturing were unchanged.

Top Six Texas Nonenergy Exports by Trade Dollar Value, 2023

  • The combined value of exports from Texas represented 22.0 percent of the 2023 U.S. total export trade dollar value.
  • Texas accounted for 20.7 percent of the total U.S. export trade dollar value for chemical manufacturing in 2023, ranking first among U.S. states in exports for the industry.
  • The top 6 nonenergy exports from Texas accounted for 80.6 percent of the total trade dollar value of Texas nonenergy exports in 2023.
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U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices decreased 0.4 percent in June.
  • The price index for chemical manufacturing exports declined 2.7 percent over the past year.
  • A 7.5-percent decrease in prices for pharmaceutical preparation manufacturing led the 12-month decline in prices for chemical manufacturing.
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U.S. Export Price Indexes: Computer and Electronic Product Manufacturing

  • Computer and electronic product manufacturing export prices fell 0.1 percent in June.
  • Despite the monthly decline, export computer and electronic product manufacturing prices increased 0.5 percent for the 12 months ended June 2024.
  • A 1.2-percent rise in prices for navigational, measuring, electromedical and control instruments drove the 12-month advance in the price index for computer and electronic product manufacturing.
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U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • The price index for export transportation equipment manufacturing was unchanged in June.
  • Transportation equipment manufacturing export prices rose 4.0 percent for the 12 months ended June 2024.
  • A 4.6-percent increase in prices for motor vehicle parts manufacturing led the 12-month advance in prices for transportation equipment manufacturing.
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U.S. Export Price Indexes: Machinery Manufacturing

  • The price index for export machinery manufacturing rose 0.1 percent in June.
  • Export machinery manufacturing prices increased 2.3 percent from June 2023 to June 2024.
  • A 2.8-percent advance in prices for agriculture, construction, and mining machinery manufacturing contributed to the 12-month rise in prices for machinery manufacturing.
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Southwest Information Office • BLSInfoDallas@bls.gov • https://www.bls.gov/regions/southwest/ • 972-850-4800 

 

Last Modified Date: July 19, 2024