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Colorado merchandise exports climb to new heights

Merchandise exports from Colorado totaled a record $4.2 billion during the first half of 2013 with large increases to several markets, the International Trade Administration reported.

The latest data reflects a 6 percent increase in merchandise exports from the state during the first half of 2013 compared to the same span in 2012. The dollar volume of exports climbed from $4 billion to $4.2 billion.

Export sales for the first half of 2013 outpaced the first half of 2012 in several markets with an 86 percent increase to Brazil, a 59 percent increase to Switzerland and 41 percent increase to Taiwan. The list of growing markets also included Malaysia with a 33 percent gain and Korea with a 24 percent gain.

Key merchandise export categories included chemicals, computers and electronic products, food and machinery.

“These export numbers show that for many Colorado  businesses, exporting is a key driver for business success,” said Paul Bergman, director of the U.S. Export Assistance Center in Denver.

Francisco Sanchez, under secretary of commerce for international trade, agreed. “This new export data from the first half of 2013 show states across the country have more businesses marketing their products abroad and creating thousands of jobs in their local communities,” Sanchez said. “This data confirms that our efforts to help American businesses compete globally are having an impact right here in Colorado.”

The Business Times has served as the definitive source for Grand Junction business news since 1994. The journal offers news, views and advice you can use twice each month in print with daily updates online at www.TheBusinessTimes.com
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