State businesses breaks export record in 2005 with 36% growth

ORIGINALLY WRITTEN
Kansas businesses totaled a record $6.72 billion in exports in 2005, the Kansas Department of Commerce announced last week.

 The 2005 export total shattered the previous record of $5.1 billion set in 2000 and marked a 36 percent increase from the 2004 total of $4.9 billion.

The 2005 upsurge also marks the third consecutive year the state has seen an increase in export totals. Kansas exports have increased $2.9 billion-or 77 percent-since 1997.

 ”This is great news for our state,” said Gov. Kathleen Sebelius, who last year led a State trade mission to China to further develop trade opportunities. “Setting a new record for exports in 2005 shows that Kansas businesses are succeeding in their efforts to expand and tap new overseas markets. “

 The report also shows China as having become the third-leading buyer of Kansas goods, trailing only Canada and Mexico.

China last year purchased more than $313 million in Kansas goods and services, which marks an 80 percent increase since 2003.

 In addition, the state’s aircraft and spacecraft industry last year totaled an all-time high of $1.8 billion in exports, marking a 63 percent increase from 2004 and an 87 percent increase from 2003.

“Our aerospace industry in 2005 surpassed even our most optimistic predictions,” said Commerce Secretary Howard Fricke.

“Following the worldwide decline in the industry after Sept. 11, 2001, our Kansas aircraft and aerospace producers have clearly rebounded and are now enjoying historic export sales.”

More from article archives
Partly Nonsense
ORIGINALLY WRITTEN JOEL KLAASSEN “Old Timer.” I really never associated that moniker...
Read More