While national exports are down 5 percent from this time last year, Kentucky’s products are up 11 percent through the first quarter of 2015. The gains pushed Kentucky into the No. 3 spot nationally for year-over-year export growth.
According to the U.S. Census Bureau, aside from Missouri no other state bordering Kentucky placed in the top 10.
“While other parts of the country are seeing a decline in exports, Kentucky is shipping products around the world more than ever,” said Secretary Larry Hayes of the Kentucky Cabinet for Economic Development. “This is another strong sign that Kentucky’s economy is strong and continues to grow.”
During the first quarter, Kentucky exported more than $7 billion in products, up from $6.4 billion during the same time last year. Top trade partners include Canada, the United Kingdom, Mexico and France. Exports to Eastern Europe rose significantly. Kentucky exports to Belgium were up 116 percent and to Russia nearly 2,400 percent.
Aerospace continues to be Kentucky’s largest export, but the beginning of 2015 was particularly strong for motor vehicles and parts (up 28 percent), chemicals (up 66 percent) and engines, turbines and power equipment (up 47 percent). The export of cattle was up 3,400 percent.
From Kentucky Cabinet for Economic Development