portlodge.blogg.se - Us auto exports

Still, the state's fishermen face other problems at the moment. A notoriously dangerous industry, Alaska's commercial fishing industry claimed 31 lives a year on average in the 1980s, although those numbers have declined in recent years.

Fish as share of total state 2019 exports: 26.1%Īlaska shipped $1.3 billion worth of fish overseas in 2019, more than any other product in the state and equivalent to just over one-quarter of the state's total exports.

Car exports account for 32% of the value of all exports through the state that year. Alabama exported $6.7 billion worth of automobiles in 2019, an 85% increase from the previous year. In 1997, the assembly plant in Vance, Alabama, began producing Mercedes-Benz cars, and since then the auto industry has expanded in the state.Īlabama is now home to Honda, Hyundai, Mazda Toyota, and Mercedes-Benz vehicle assembly plants.

Automobiles as share of total state 2019 exports: 32.2%Īlabama’s highest-value export is cars and passenger vehicles.

2019 Automobiles export value: $6.7 billion.

View Gallery: Cars, trucks and diamonds are some of states' top-selling products Supermarkets reimagined: Why Whole Foods is trying out a 'dark store' The year's almost over: Here's what to do with your 401(k) and China, the total value of products shipped to China has likely declined considerably in recent months. However, due to the trade war between the U.S. The largest markets for American goods were Canada, Mexico, and China, as of 2018.

Similarly, Washington, home to many aerospace manufacturers, including a major Boeing assembly operation located outside of Seattle, exported more aircraft and aircraft parts last year than any other product.ĭestinations for U.S. automakers, exported $8.3 billion in automobile parts in 2019, more than any other product. For example, Michigan, home to the headquarters of the Big Three U.S. In other states, the top export represents the kinds of companies that operate in the state. Similarly, crude oil is the top export in North Dakota and Texas, states home to some of the largest proved reserves in the country. For example, coal is the top export in states like Pennsylvania and West Virginia, where coal mining has historically been a major economic sector.

In many states, the top exports are natural resources that underpin much of the overall economy. Census Bureau to determine the top export from each state. The top export in a given state can also reveal a great deal about the kind of industries that are at the core of a given state’s economy.Ģ4/7 Wall St. With the sole exception of Hawaii, each state exported at least $1 billion in goods and services in 2019. Still, on a state by state basis, exports can be a significant source of revenue. exports accounted for just 11.7% of GDP in 2019 – a fraction of the 30.6% global average.

economy is far less dependent on trade than most countries. Watch Video: How gold could save the economy from the pandemic