Texas is one of the United States’ leading destinations for foreign-owned companies, more than 1,745 of which employ more than 678,000 workers across Texas, spanning all business sectors and locations in the state. Texas has led the nation in exports for 22 consecutive years, with $444 billion in goods in 2023, and led the nation in tech exports for the last eleven years. Thirty-four Foreign Trade Zones across the state allow companies to move goods internationally without formal customs entry, and the Office of the Governor’s Texas Exports Assistance Program helps companies expand into international markets and export their goods and services.
For two decades, Texas has been the leading US destination for FDI expenditures. About 660,500 jobs in the state are directly supported by majority foreign-owned affiliates, and more than 1,900 foreign corporations have ongoing operations. Top industry sectors by projects in Texas include software & IT services, business services, industrial equipment, renewable energy, and transportation & warehousing. Much of this activity is naturally concentrated in the largest metropolitan areas, but notable investment is also occurring elsewhere.
Dr. Ray Perryman
Source: Perryman Group
Domestic and international travel from Texas is very accessible, with a range of flight options from esteemed airports.