Gov. Beshear: Ky. exports growing
FRANKFORT, Ky. -- Kentucky Gov. Steve Beshear announced Tuesday Kentucky ranks second in the nation for export growth in the first half of 2013.
With more than $12.1 billion in exports so far, Kentucky's exports are up 12.6 percent from last year's mid-point total of $10.8 billion. The state's growth significantly outpaces the national average of 1 percent for the first half of 2013 and trails only New Hampshire.
The state has made the goal of increasing exports a key component of our economic development strategy, Beshear said. According to the release, companies in the Commonwealth have exported to 192 countries so far this year. The top destinations include Canada ($3.9 billion, up 8.2 percent), Mexico ($895 million, up 4.4 percent) and the United Kingdom ($830 million, up 17.9 percent). Kentucky's top export categories include motor vehicles, aerospace products and parts, pharmaceuticals and medicines, basic chemicals, glass and glass products.