Oklahoma exports hit new record at $6.9 billion

Oklahoma exports grew 5 percent in 2013. Canada and Mexico remained the state’s largest export destinations, although Egypt, Russia and Israel had the highest growth rates from 2012, the federal Commerce Department said.
by Paul Monies Published: February 11, 2014
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Exports from Oklahoma grew five percent last year as the state set a new record, the federal government said Tuesday.

The Commerce Department’s International Trade Administration said Oklahoma exports reached $6.9 billion, up from $6.6 billion in 2012.

By the numbers

The state’s largest market for exports was Canada. Oklahoma posted exports of $1.9 billion to Canada in 2013, almost 28 percent of the state’s total. Canada was followed by Mexico ($613 million), China ($428 million), Japan ($341 million) and Germany ($291 million).

Exports to Egypt grew the most last year, with sales up 191 percent. Other top markets for growth were Russia (58 percent), Israel (55 percent), Saudi Arabia (43 percent) and Germany (40 percent). Top categories include machinery, transportation equipment, fabricated metal products, computer and electronic products and chemicals.

“The export numbers show how innovative Oklahoma businesses are working to expand their global market share while helping meet worldwide demand for high quality, U.S. goods,” said Marcus Verner, director of the U.S. Commercial Service in Oklahoma City. “If you’re not exporting, you’re missing out on the 95 percent of world consumers who live outside the United States.”

State hit record in ’13

U.S. exports of goods and services reached $2.3 trillion in 2013, the International Trade Administration said. Those exports supported 10 million U.S. jobs.

Oklahoma was one of 16 states setting new records for exports in 2013. Ten other states saw export growth last year, while 24 states had lower exports than 2012.


by Paul Monies
Energy Reporter
Paul Monies is an energy reporter for The Oklahoman. He has worked at newspapers in Texas and Missouri and most recently was a data journalist for USA Today in the Washington D.C. area. Monies also spent nine years as a business reporter and...
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Information

Oklahoma companies interested in exporting should contact the U.S. Commercial Service’s Oklahoma City office at 608-5302 or visit the website, www.trade.gov.

If you’re not exporting, you’re missing out on the 95 percent of world consumers who live outside the United States.”

Marcus Verner,
Director of the

U.S. Commercial Service in

Oklahoma City

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