U.S. Secretary of Commerce Penny Pritzker today announced new data that shows 26 states achieved records in goods exports in 2014, while eight additional states experienced growth in merchandise exports over 2013 levels. Total merchandise exports from all 50 states helped the U.S. achieve the fifth consecutive record-setting year of goods and services exports, which reached $2.35 trillion in 2014.
Secretary Pritzker praised today’s announcement stressing the fact exports are critical to economic growth and job creation in communities across the country. “With 95 percent of the world’s consumers living outside the United States, opening more markets to ‘Made in America’ goods and services is fundamental to our nation’s competitiveness, job creation, and the economic security of our families,” she said.
Strengthening partnerships with states and rural communities in support of exporters and investment attraction efforts is a key objective for the second phase of President Obama’s National Export Initiative – NEI/NEXT, which Secretary Pritzker launched in May 2014. Through NEI/NEXT, 20 federal agencies are advancing program and policy improvements to provide exporters more tailored assistance and information; streamline export reporting requirements; expand access to export financing; ensure market access and a level playing field; and collaborate with state and local organizations.
The 26 states that set new records for exports in 2014 include:
- Texas ($289.0 billion);
- California ($174.1 billion);
- Washington ($90.6 billion);
- Illinois ($68.2 billion);
- Louisiana ($65.1 billion);
- Ohio ($52.1 billion);
- Georgia ($39.4 billion);
- Indiana ($35.5 billion);
- Tennessee ($33.0 billion);
- North Carolina ($31.3 billion);
- South Carolina ($29.7 billion);
- Kentucky ($27.5 billion);