U.S. merchandise exports for the first six months of 2013 increased by $8 billion from the same period last year, hitting a record of $781 billion, according to International Trade Administration (ITA)/U.S. Commerce Department data. Therein, 17 states set record highs for such exports during the period.
Texas served as the pace-setter, reaching a record of its own while also logging the largest growth in dollar terms when comparing the first halves of 2012 and 2013 (+$4.3 billion). The state’s electronic products industry drove the hot performance. Other big gainers included Washington, on the strength of transportation equipment, and New York, thanks to a boost from the primary metals industry. ITA statistics indicate that other states exceeding previous records during the first six months of 2013 included Georgia, Tennessee, Ohio, Pennsylvania and Wisconsin.
-Brian Shappell, CBA, CICP, NACM staff writer