Coming Events and Announcements:
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World Trade Week Honors Middle East & Arab Gulf States May 15, 2008 - ‘World Trade Week Honors Middle East & Arab Gulf States’ will be held at the Olive Tree Banquet Hall, 2949 N. Rock Road, Wichita. Additional information will be forthcoming. For more information, please contact World Trade Council of Wichita, (316) 978-3176, Fax (316) 978-3698, wtc.ciba@wichita.edu , http://www.wtc.wichita.edu/ .
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Doing Business in Monterrey and Guadalajara May 19, 2008 - 'Doing Business in Monterrey and Guadalajara’ will be the topic of the breakfast series sponsored by the International Trade Council of Greater Kansas City. For more information contact the International Trade Council of Greater Kansas City (816) 235-6654, info@itckc.org , www.itckc.org . |
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Doing Business in Chile June 4, 2008 - ’Doing Business in Chile’ will be the topic of the breakfast series sponsored by the International Trade Council of Greater Kansas City. For more information contact the International Trade Council of Greater Kansas City (816) 235-6654, info@itckc.org , www.itckc.org . |
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Trade Finance Seminar June 18, 2008 - ’Trade Finance' will be the topic of a seminar sponsored by the International Trade Council of Greater Kansas City. For more informationcontact the International Trade Council of Greater Kansas City (816) 235-6654, info@itckc.org, www.itckc.org. |
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Kansas International Trade Resource Directory Are you looking for a resource that will assist you in your business outside of the United States? The Kansas International Trade Resource Directory can help you find the proper service provider. If you have any questions or have any corrections to the database, please contact Larry Childs, Int'l Trade Rep. at (785) 296-5263 or lchilds@kansascommerce.com.
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Feature Story:
Kansas posts record-setting $10.25 billion in exports for 2007
Kansas totaled a record $10.25 billion in exports in 2007, marking the third straight year Kansas has achieved an all-time high and the fourth straight year of overall export growth, officials announced today.
The 2007 total was an 18.8 percent increase from the previous year’s total of $8.6 billion. Kansas exports have increased nearly 139 percent since 1999, which translates to an average annual increase of $660 million.
The Aircraft and Cereals industries –– the state’s first- and third-largest industries, respectively –– saw the largest increase in exports in 2007, with the Aircraft industry increasing its exports by $520 million (21 percent) and the Cereals industry increasing its exports by $521 million (193 percent). The Industrial Machinery industry, the state’s second-largest sector, saw exports grow $70 million (5 percent). These three industries together account for nearly half of Kansas’ 2007 exports.
“These are certainly exciting numbers,” said Kansas Department of Commerce Secretary David Kerr. “There’s no question that Kansas businesses are succeeding in their efforts to reach new international markets. With consumers worldwide buying Kansas products, we’re seeing new jobs created and a state economy that’s stronger than ever.”
Additional points of interest regarding Kansas exports in 2007 include the following:
- Nine of the state’s 10 largest industries saw increased exports in 2007. Vehicles was the only industry that saw a decrease.
- Canada was the largest market for Kansas products, accounting for 23 percent of the state’s total exports. The top three markets (Canada, Mexico and Germany) accounted for 38 percent of total exports.
- Shipments to Western Europe –– led by the United Kingdom, Germany and France –– increased 21 percent since 2006, continuing a recent trend of increased Kansas exports to that region. Germany alone saw an increase of $229 million (59 percent).
- Beef exports to Japan and Korea grew 15 percent despite continued BSE-related bans on U.S. beef throughout Asia. Despite this increase, beef exports are still down 30 percent from pre-ban levels.
The full report is available online here.
For more information, contact Joe Monaco, Public Information Officer with the Kansas Department of Commerce, at (785) 296-3760 or jmonaco@kansascommerce.com.
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