U.S. metropolitan areas see export increases

Data recently released by the U.S. Dept. of Commerce show that merchandise exported from 367 U.S. metropolitan statistical areas in 2001 totaled $1.31 trillion, while exports from non-metropolitan areas totaled an additional $174.9 billion.

Some 41% of U.S. metropolitan areas exported merchandise worth more than $25 billion.

The three largest metropolitan areas in the U.S. showed growth rates at or above the national rate: New York (up 23.5% from 2010); Houston (up 29.6%); and Los Angeles (up 16.9%).

“Much of the growth in these metropolitan areas was fueled by exports of transportation equipment, chemicals, computer and electronic products, petroleum and coal products, and primary metal manufacturing,” the Dept. of Commerce noted.

Trade with Mexico “increased substantially in 2011, with metropolitan area exports to Mexico increasing by 21.6 percent between 2010 and 2011, compared to a growth rate of only 16.0 percent for U.S. metropolitan areas exports over this period,” according to the Dept.

Advertisements

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: