Tuesday, February 26th, 2013
The demand for merchandise flowing through Washington state has never been higher. According to the International Trade Administration, merchandise exports from the state reached an all time high of $75.5 billion last year, a 17% increase from 2011.
This includes merchandise made in Washington state as well as “pass through” commodities from other parts of the US that were shipped through our ports.
Sales of Washington state merchandise grew the fastest in Mexico, Brazil, India and the UAE, growing 109%, 104%, 93% and 84% respectively. Top exports included transportation equipment, agricultural products, electronics, manufactured food items and petroleum products. For the latest data on Washington state trade visit the International Trade Administration’s site.
The Trade Alliance and the Economic Development Council of Seattle and King County are taking a delegation to explore one of these markets – the UAE – next week. The group will be looking at opportunities in the UAE’s burgeoning aerospace and real estate spaces as well as conducting business development.
The UAE is a major customer of Washington state aircraft, transportation equipment, electronics – and food. The UAE – Dubai in specific – imported $1.45 million of Washington state apples between 2011-2012, making the Emirates our seventh largest apple customer.