According to U.S. Secretary of Commerce Penny Pritzker for every $1 billion in exports nearly 5,000 jobs are supported across our nation.
With more than 95% of the world’s potential consumers residing outside our borders, exports will continue to be an important driver of the local and national economy,” Pritzer said last week as the Comerce Department released export figures for last year.
In 2013 exports hit $2.3 trillion.
U.S. merchandise exports to countries that the United States has trade agreements with continued to be strong. This included record exports to: Canada (+2.7%); Mexico (+4.7%); Colombia (+13.8%); Panama (+9.6%); Peru (+7.6%); and Jordan (+18.2%).
To see which states exported the most visit IndustryWeek.