State ships products all over the world
FRANKFORT, Ky. (Oct. 15, 2014) — Kentucky exports all around the world, including steering wheels to China, rum to Russia and peanut butter to Saudi Arabia.
Kentucky’s exports are at an all-time high, and manufacturing is a big reason why.
Last year, the commonwealth exported a state-record $25.3 billion in goods and services to about 200 countries. So far this year, Kentucky’s exports are up nearly 10 percent. The U.S. average is about 3 percent.
Kentucky is home to more than 4,000 manufacturers, representing 220,000 jobs. Last year alone, more than 200 manufacturers announced new locations or expansions in the state. These projects are expected to create nearly 7,500 jobs and $2.2 billion in new investment.
“Manufacturing continues to drive Kentucky’s export success story,” said Gov. Steve Beshear. “Kentucky-made cars and trucks can be seen on the streets of Europe and Asia, and houseboats built on Lake Cumberland are cruising the waters of the Middle East. Kentucky’s products make the world better.”
In honor of October being National Manufacturing Month, the following are the top products Kentucky has exported so far this year:
- Aerospace products and parts ($4.9 billion)
- Motor vehicles and parts ($3.7 billion)
- Resins, synthetic rubbers and fibers ($943 million)
- Pharmaceuticals and medicines ($709 million)
- Basic chemicals ($513 million)
- Navigational, measuring, electromedical and control instruments ($373 million)
- Communications equipment ($298 million)
- General purpose machinery ($291 million)
- Plastics ($266 million)
- Iron and steel ($263 million)