BEA: Texas Export Trade Up 34% In 2021
2 Feb 2022
November 2021 export trade data, released in January by the Bureau of Economic Analysis (BEA), shows Texas’s export trade for the month soared 48% compared with November 2020, while year-to-date trade was up 34%. For the entire United States, both monthly and year-to-date export trade increased 23%.
The raw numbers for Texas are even more impressive. November 2021 international trade totaled $34.9 billion, up from $23.6 billion a year earlier, and year-to-date output reached $339.8 billion, compared with $253 billion for the same period in 2020.