Kansas exports showed a respectable increase in 2010, rising to $9.93 billion, according to data released today by the Kansas Department of Commerce. Canada, Mexico, Japan, China and the United Kingdom were the top five export markets receiving Kansas products. While exports were down in 2008-2009 because of the global recession, since 1999, Kansas exports have increased 131 percent, an average annual increase of $469 million over the past 12 years.
“After two very difficult years for the world economy, our export numbers reflect a definite turnaround,” said Kansas Commerce Secretary Pat George, “The great news for Kansas is that our long-term export numbers have been trending ever higher, which shows that our products are more in demand and that our state is doing a better job of tapping into foreign markets.”
Aircraft, industrial machinery, meat products, cereals and electric machinery topped the list of most exported industrial sectors. The top 10 industrial sectors bounced back from the 2009 low by an average of 35 percent. The largest gains were seen in pharmaceutical products (110 percent); vehicles (63 percent); and raw hides and skins (61 percent). Aircraft sales continued to lag with a decline of 25 percent.
China continues to rise up the rankings, moving up one spot in 2010 to fourth with 5.3 percent of the export market. Exports to China totaled $527 million in sales, a 49 percent increase from the prior year’s sales. Raw hides and skins is the top export product category from Kansas for China.
“China has become an important market for Kansas,” said John Watson, Trade Development Division Director for the Department, “In 1997, China only ranked as the sixteenth largest export market. Kansas businesses are finding more markets for their products in China. There will continue to be strong growth potential in the China market.”
Other findings regarding key international markets and industry sectors in 2010:
--In 2010, the top 10 industries accounted for 74.5 percent of the state’s exports. These industries, on average, increased in export sales 35 percent compared to last year. Only aircraft had a decline (-25 percent).
--Despite the 25 percent decrease from 2009, aircraft remained the state’s largest export industry, with $2.14 billion in exports. That is a 125 percent increase from 2003, the low point in sales for the last decade.
--Top market Canada accounted for 25.5 percent of total exports. Canada and Mexico accounted for 38.4 percent of the total.
--The top ten markets accounted for 68 percent of total exports.
--The top three regions were North America (39 percent), Asia/Pacific (23 percent) and Europe (20 percent) accounting for 82 percent of total exports.
--Of the 94 product classifications exported from Kansas in 2010, 62 had an increase in sales from 2009, while 31 saw a decrease.
Complete rankings of 2010 Kansas exports by markets and product classifications can be found by going to KansasCommerce.com/trade. The links to the rankings are under the “Kansas Exports” heading.