Missouri Exports Increase 36 Percent in 2010, Outpace National Average by 15 Percent
St. Louis Chinese American News
February 14, 2011
Missouri exports increased 36 percent in 2010 according to data released today by World Trade Center Saint Louis. In 2010, the total dollar value of Missouri exports was $12.9 billion, compared to $9.5 billion for 2009. Canada, Mexico and China, respectively, were the top international customers for Missouri companies.
"Missouri export growth in 2010 outpaced the national average by 15 percent," said Tim Nowak, executive director at the World Trade Center Saint Louis. "Given the recent work to establish an export hub in St. Louis, it is important to note that China is now the third largest buyer of Missouri products with 43 percent export growth last year, equating to almost $1 billion in sales."
"Missouri's strong export performance proves we are responding successfully to global opportunities by building on our economic strengths," said St. Louis County Executive Charlie A. Dooley. "Through efforts such as the Midwest-China Hub and the work of the World Trade Center, St. Louis County and Missouri are working collaboratively and strategically to compete in the world economy."
About the World Trade Center Saint Louis - World Trade Center Saint Louis combines local experts with government resources to enhance international trade, promote local economic development and ultimately foster peace and stability through trade. It also guides regional businesses to expand into foreign markets, hosting visiting trade delegations to St. Louis and promoting the region as a place for international trade relations and economic growth. The World Trade Center Saint Louis is a division of St. Louis County Economic Council.
For more information, visit www.worldtradecenter-stl.com.