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North Carolina's export jumped to $14.8 billion

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Staff writer ▼ | August 14, 2013
North Carolina's export continues to grow. Merchandise exports jumped by 6% compared to this time last year up to $14.8 billion, according to the U.S. International Trade Administration.
North Carolina export
North Carolina exportNorth Carolina's export continues to grow. Merchandise exports jumped by 6% compared to this time last year up to $14.8 billion, according to the U.S. International Trade Administration.


"Our exports to India creeping up by a huge 86% and Europe continuing to be strong for us with France and Ireland up a lot as well, yeah, I would certainly call it a trend," said Jean Davis, the Director of International Trade for the state Commerce Department. She added that excluding a fall in 2008 during the recession, exports have been on the rise for the past decade.

The largest export categories include chemicals, machinery, transportation equipment, computer and electronic products, and textiles. Ms. Davis says one reason why chemicals tops the list is because the category includes pharmaceuticals.

Some of the countries contributing to North Carolina's jump in export sales for the first six months of 2013 are India (up 86%), France (up 67%), Ireland (up 62%), Saudi Arabia (up 44%) and China (up 12%).

"Clearly, around the world, as the middle class grows people need access to A, those raw materials and B, medicines for their health," said Ms. Davis.


 

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