Among Texas’ strongest partners for trade and investment in the Middle East and Africa are Israel, Saudi Arabia, Turkey and the United Arab Emirates (UAE). Texas exports to both the UAE and Saudi Arabia exceed $5.5 billion, while imports from the latter exceed $8.1 billion annually. Top commodities traded include industrial machinery, aircraft and spacecraft parts and mineral fuel and oil. Direct flights to Istanbul and Dubai connect Texas business travelers seamlessly to the Middle East.
Texas’ business advantages, combined with shared industry expertise in aviation and aerospace, petrochemicals and information technology, make the state fertile ground for investment from the Middle East and Africa. Major companies currently operating in Texas include Israel-based aerospace company Elbit Systems and Alon USA Energy and Dubai-based GAC Energy and Marine Services.In April 2017, , in partnership with ExxonMobil, as the site of a multi-billion dollar petrochemical plant – a project expected to create over 600 direct jobs and as many as 3,500 indirect jobs.
Links to More Information about Texas Communities for International Business
Central Texas: Greater Austin Region