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South Carolina’s Exports Jump 21 Percent

[ 0 ] Mar. 27, 2012 | SBO Editor

Ranks first among U.S. states in auto and tire exports Germany, Canada and China top export markets.

Gov. Nikki Haley, the South Carolina Department of Commerce and the State Ports Authority announced the state’s 2011 exports totaled more than $24.6 billion in goods sold to 198 countries around the world. Figures represent a 21.4 percent increase over 2010 totals. In 2011, South Carolina’s 21.4 percent export growth ranked the state 14th in the U.S.

“This is great news for South Carolina. We will continue to work on improving and modernizing our ports system, which plays a key role in bringing companies from around the globe to our great state,” said Gov. Nikki Haley.

The state’s top 10 export industries last year were vehicles, machinery, rubber, electrical machinery, plastics, paper and paperboard, organic chemicals, optics and medical equipment, wood pulp and cotton yarn and fabric. Of the top product sectors, the three experiencing the largest percentage increase were vehicles at a 52 percent increase, cotton yarn and fabric at nearly a 50 percent increase and electrical machinery at nearly a 25 percent increase.

“South Carolinians know how to make things – and we ship them the world over. Both Germany and Canada remain very important trade partners for South Carolina, and China is increasingly becoming a strong market for goods made in our state,” said Secretary of Commerce Bobby Hitt.

South Carolina ranked first among U.S. states in tire exports, holding nearly 30% of the share of U.S. made exported tires.

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Category: Features