Exporting in Kansas reached the second highest level on record in 2011, rising to $11.57 billion, according to data released today by the Kansas Department of Commerce. Exports increased by more than 16 percent from 2010. Since 1999, the state’s export activity has increased 170 percent, an average annual increase of $560 million over the past 13 years.
“This is great news for Kansas businesses that are active in international markets and for the state’s economy as a whole,” said Kansas Commerce Secretary Pat George. “The 2011 total shows that the upward trend for exports continues. Companies of all sizes and in all types of industries are successfully engaged in exporting. The state also is doing a better job of promoting the potential of foreign markets.”
The top 10 industry sectors were up from 2010 by an average of 18 percent. The largest gains were seen in cereals (101 percent), pharmaceutical products (54 percent) and meats (36 percent). The top 10 industries accounted for 75.5 percent of the state’s exports. The largest sector, aircraft sales, had $2.12 billion in exports, which was essentially flat (a .42 percent decline) from 2010.
Like last year, Canada, Mexico, Japan and China were the state’s top four export markets, in that order. Nigeria rounded out the top five, supplanting the United Kingdom in this year’s rankings. When looking at the five-state region that includes Colorado, Missouri, Nebraska and Oklahoma, the export value for Kansas this year was above the five-state region average of $9.32 million.
Other Kansas export facts:
• Canada continues to be Kansas’ largest export market, accounting for 22.1 percent of total exports. The top two markets (Canada and Mexico) accounted for 36.1 percent of the total.
• The top ten markets accounted for 70.1 percent of total exports.
• The top three regions: North America (37 percent), Asia/Pacific (23 percent) and Europe (21 percent) account for 81 percent of total exports.
• Of the 97 product classifications exported from Kansas in 2011, 62 had an increase in sales from 2010, while 35 saw a decrease.
For a complete list of nations receiving Kansas exports, and a list of products exported, go to KansasCommerce.com/trade.
The Department is coordinating participation in the Farnborough Airshow, July 9-13, 2012, in Farnborough, England. The state will host the “Kansas Pavilion” of prime exhibition space.
In addition, the Department is hosting a trade networking event March 14 in Seneca (Nemaha County) in northeast Kansas. The event is open to business owners or economic development professionals that are interested in learning more about doing business in foreign markets.
For information about these programs and events, go to KansasCommerce.com/trade.