Home to two of the top market economies in the world—China and Japan—Asia Pacific is an incredibly important trade and investment partner for Texas.
With 32 foreign trade zones, Texas has the infrastructure to support a robust trade relationship with countries in Asia Pacific. In fact, China is Texas’ third-largest export destination, accounting for more than 5 percent of Texas exports in 2018. The state’s top-ranked export destinations also include the Republic of Korea (No. 4), Japan (No. 5), Taiwan (No. 9) and Singapore (No. 10). Leading commodities traded between the Lone Star State and Asia Pacific include industrial and electric machinery; oil and chemical products; and iron and steel. Texas is also home to world-class airports, which connect business travelers with direct flights to Auckland, Sydney, Beijing, Shanghai, Tokyo and Seoul.
Beyond their trade relationship, Texas and Asia Pacific share industry strengths in advanced technology and manufacturing, and petroleum refining and chemical products, among others. Major Asia Pacific companies with a presence in Texas include Korea-based Samsung, Taiwan-based Flextronics, and Japan-based Toyota Motors and Kubota Tractor, both of which maintain North American headquarters in Texas. According to the , of international employers in Texas, Japanese companies are among the top three sources of jobs, together with those from the United Kingdom and France.
Links to More Information about Texas Communities for International Business
Central Texas: Greater Austin Region