North Carolina’s export industry continues to grow
North Carolina exports increased 2.7 percent during the first half of 2014, growing from $14.9 billion to $15.3 billion, the U.S. Commerce Department reported Friday, according to the Winston-Salem Journal.
According to the department’s International Trade Administration, North Carolina’s merchandise export sales outpaced the 2013 figures for the same period to many destinations, including South Africa (up 147.2 percent), Dominican Republic (38.7 percent), Belgium (29.9 percent), Hong Kong (27.6 percent), Saudi Arabia (26.9 percent), Mexico (18.9 percent) and Japan (6.1 percent).
Key merchandise export categories include chemicals, machinery, transportation equipment, computer and electrical products, and textiles. Other export categories with high growth include electrical equipment, appliances and components, food products and wood products.
The N.C. Commerce Department works with companies to enter world markets and develop export opportunities. Services that international trade experts provide include conducting market research, establishing best market prospects, identifying customers and partners, and other value-added services.