DENVER - Friday, August 9, 2013 -Colorado's exports of manufactured, agricultural and
mineral products increased 6 percent in the first half of 2012
compared to the same period in 2012, growing from $3.9 billion to $4.2
billion. At the current rate of growth, the state is projected to
reach over $8.6 billion in annual export sales revenue, which would be a
record high. Colorado's rate of growth topped the one percent
national average for merchandise export growth for the same period.
continue to help strengthen Colorado's economy," said Ken Lund,
executive director of the Colorado Office of Economic Development and
International Trade (OEDIT). "Selling more Colorado-made goods
in international markets means more jobs in Colorado. We commend the
hard work of our businesses and entrepreneurs and will continue to support
them as together we strive for even greater growth."
merchandise export categories for Colorado include computer and electronic
products, food and kindred products, machinery, and chemicals. Among
Colorado's top ten exports, electronics (+24%), civilian aircraft (+45%)
engines and motors (+1235%) and frozen beef (+33%) showed significant
retains its position as Colorado's top export market with first half 2013
exports to the market reaching $975 million, up 6 percent over 2012.
Key exports to Canada include beef, engine and motor parts, petroleum, pork
and medical devices. Mexico retains its position as Colorado's second
largest export market with $410 million in sales in the first half of 2013,
a 2 percent decline over 2012. Mainland China remained third with
$313 million in exports, decrease of 6 percent. Japan moved up to fourth at
$223 million, followed by Switzerland, the Netherlands, the Republic of
Korea, and Malaysia.
continues to respond to the needs of Colorado exporters with targeted
programs and services to help sell products and services overseas.
statistics have been gathered from the World Institute for Strategic and
Economic Research (WISER) from raw data supplied by the U.S. Census Bureau,
Foreign Trade Division and the Origin of Movement Series. The U.S.
Census Bureau data includes manufactured, agricultural and mineral products
and does not include services, which are not broken out by states.