SALES OF KY PRODUCTS AND SERVICES SHOW THE SECOND HIGHEST GROWTH IN THE COUNTRY PDF Print
Sunday, 16 February 2014 00:00

Steve Beshear announced that 2013 sales of Kentucky products and services reached. $25.3 billion dollars, setting a new all-time annual record.  This shows a more than 14% growth since 2012 and the second highest in the country.

Governor Beshear stated, “As a result of our hard work, demand for Kentucky products is growing at a rapid pace and other states are struggling to keep up.”

Leading Kentucky’s export growth is aerospace products, followed by motor vehicles and parts and synthetic rubber and resin.  In 2013, the Commonwealth exported to 198 nations. Kentucky’s top trading partner once again is Canada, with $7.7 billion in products and services.

To further expand trade opportunities, Gov. Beshear will lead a Kentucky Export Initiative (KEI) trade mission to the United Kingdom in May. Exports with the United Kingdom were up more than 20 percent in 2013 with bilateral trade between Kentucky and the UK topping $3 billion.

 

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