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Texas Ranked Top Exporting State for 10th Consecutive Year

Texas Business reports: Texas has been ranked the top exporting state in 2011 for the 10th year in a row, according to data released by the U.S. Department of Commerce.

Texas' exports in 2011 totaled more than $249.8 billion, up 20.7 percent from $206.9 billion in 2010, outperforming overall U.S. exports, which grew by 15.8 percent in 2011.

The state's top export recipients were Mexico, Canada, China, Brazil and the Netherlands, which respectively imported $86.6 billion, $21.9 billion, $10.9 billion, $9.9 billion and $9.0 billion in Texas-manufactured goods.

Texas' top exporting industries in 2011 were petroleum and coal products, chemicals, computer and electronic products, non-electrical machinery, and transportation equipment.

In 2011, Site Selection Magazine, DCI and Area Development Magazine each ranked Texas as the best business climate.

Additionally, Texas won Site Selection Magazine's 2010 Governor's Cup for the most new and expanded corporate facilities announced over the year.

According to USA Today, Texas has moved past New York as the nation's second largest.