Home to several of the world’s strongest economies, Western Europe is an important partner in trade and foreign investment for Texas.
Texas’ world-class infrastructure supports a large influx of goods from the ten West European countries. Texas’ 32 foreign trade zones support an annual combined value of over $26.9 billion in West European commodities. In 2018, Texas exported $37.7 billion in goods to Western Europe.
Since January 2011, more than half of FDI projects into Texas originated from Western Europe, according to FDI data. In fact, the United Kingdom, Germany and France are among the top five countries for foreign direct investment projects in Texas. As a result, these countries also rank first, second and fifth for share of Texas’ private industry employment at foreign-owned firms.
Texas and Western Europe share several industry strengths, including aerospace and aviation, chemical products, information technology and manufacturing. These shared industry strengths have been strengthened by major West European company investments in Texas, such as Germany-based Siemens Intelligent Transportation Systems, Netherlands-based Shell Petroleum, UK-based BP America and more. Texas’ state-of-the-art airports also provide direct transportation to Western European cities, like London, Amsterdam, Frankfurt and Paris.
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Central Texas: Greater Austin Region