There is good news on one economic front – export sales. Once again two key exports were agricultural products and food and food ingredients.
Kansas companies exported $12.5 billion worth of merchandise exports in 2013, a 6.5% increase over exports in 2012, according to data from the International Trade Administration. And the good news was repeated across the U.S., with the nation setting an all-time record for exports of U.S. goods and services.
For the country, exports reached $2.3 trillion in 2013 and supporting nearly 10 million American jobs.
"U.S. exporters continue to pursue new avenues to world customers, offering some of the most advanced and cutting edge products and services in the marketplace today," said Ken Hyatt, Acting Under Secretary of Commerce for International Trade.
Kansas's merchandise export sales in 2013 outpaced the 2012 figures in many top destinations, including: Peru (+239 percent); Venezuela (+199 percent); Hong Kong (+95 percent); Brazil (+91 percent); and Taiwan (+51 percent). Key merchandise export categories include: agricultural products; food and kindred products; transportation equipment; machinery manufactures; and chemicals.
"Kansas exporters continue to ramp up their sales by selling to markets around the world with quality, made-in-the-USA products," said A.J. Anderson, Director of the U.S. Commercial Service in Wichita. "By selling internationally, many of these exporters are better able to weather changes in the economy while building their global competitiveness. We'd like to assist with your exporting efforts."
With more than 100 offices across the United States and in American Embassies and Consulates in more than 70 countries, ITA's U.S. Commercial Service connects U.S. companies with international buyers. In 2013, ITA helped U.S. businesses facilitate nearly 15,000 export successes. Companies interested in exporting should contact their local office in Wichita at 316-263-4067 or visit the U.S. Commercial Service website.
For more information about the impact of exports on individual states, including fact sheets for all 50 states, please visit the Trade Policy & Analysis web page.