Tackle Trade World - May 2023

DBW...
TExaS
d O i n G B u S i n E S S w i T H . . .
TEXAS
Everything’s bigger in Texas – the fish, the fishing and the
business opportunities too!
A
lthough Texas is about 2.8
times bigger than the United
Kingdom, the population of
the UK is 42.6 million more
than the Lone Star State,
which became the 28th state
of the union in 1845.
Texas is the second-largest
state in the US regarding both
land area and population size
behind Alaska and California
respectively. It lies in the
south-central part of the
country sharing its borders
with Oklahoma, New Mexico,
Louisiana and Arkansas. Texas
also shares its border with the
Mexican states of Tamaulipas,
Chihuahua, Coahuila, and
Nuevo Leon. The state capital
of Texas is Austin. Houston is
the state’s most populous city
and the fourth most populous
in the whole of the US.
The economy of the State
of Texas is the second largest
by GDP in the USA after
that of California. It has a
gross state product of $2.4
trillion. In 2022, Texas led
the nation with the most
companies in the Fortune
500 with 53 in total. As of
2021, Texas grossed more than
$300 billion a year in exports
– more than the exports of
California ($175 billion)
and New York ($100 billion)
combined.
Texas is ranked as the
ninth largest economy among
nations of the world by GDP,
ahead of Canada, South
Korea, Russia, and Australia.
The economy of Texas
includes agriculture, oil
and petroleum, tourism and
entertainment. Texas has the
largest number of cattle in
the whole country, numbering
more than 16 million, while
the state is the country’s
leader in producing goat
and sheep products, and it
is also the leader in cotton
production, which is the
leading crop product and the
second most valuable farm
output in Texas. Agriculture
is the second largest industry
in Texas and approximately
one out of seven people
rely on agriculture for their
livelihood.
It is estimated that
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