Texas Exports on the Decline Under Tariff Pressures

August 28, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--After pointing to improvements in the upstream energy sector, the Federal Reserve Bank of Dallas found that Texas was now facing some headwinds as tariffs disrupt its trade arteries. Texas was the largest exporter of goods among U.S. states last year, posting exports worth an estimated $455 billion. That marked an increase of 59% from 2014 levels. The Dallas Fed reported Tuesday that the three-month moving average to June on exports from Texas declined by 0.6%, while the rest of the country was flat. Exports to Mexico, the state's largest trading partner, declined by 1.9%.