Colorado Exports Set Record in 2013

DENVER – Thurs., Feb. 6, 2014 – Colorado’s exports of manufactured, agricultural and mineral products increased 6.3 percent in 2013 compared to 2012, growing from $8.2 billion to $8.6 billion. Colorado’s rate of growth topped the 2 percent national average for merchandise export growth for the same period. 

“Increasing the export of Colorado’s products and services to global markets has helped revive Colorado’s economy, spurred future economic growth and supported jobs in the state,” said Ken Lund, executive director of the Colorado Office of Economic Development and International Trade (OEDIT). “We congratulate Colorado businesses and entrepreneurs for their continued success in increasing the state’s exports to new record levels.” 

Key merchandise export categories for Colorado include industrial machinery, computer and electronic machinery, medical and surgical instruments, and fresh and frozen meat. Among Colorado’s top ten exports, aircraft & spacecraft (+62%), wood pulp (+63%) and raw hides (+19%) showed significant increases. Canada retains its position as Colorado’s top export market, reaching a record $2 billion, up 3 percent over 2012. Key exports to Canada include engine and motor parts, beef, petroleum and pork. Mexico retains its position as Colorado’s second largest export market, reaching $917 million in sales in 2012, an 8 percent increase. Mainland China remained third with $772 million in exports, a 14 percent increase. Japan moved up to fourth at $442 million, followed by Republic of Korea, Switzerland, the Netherlands and Malaysia.

OEDIT is responding to the needs of Colorado exporters with targeted programs and services to help sell products and services overseas. Please visit http://www.advancecolorado.com/international-business for more information.