Arkansas Exports Up 36 Percent So Far in 2012

Arkansas exports were up 36 percent in the first half of 2012 compared to the same period last year, according to data released Monday by the International Trade Administration.

Arkansas merchandise exports grew from $2.8 billion to $3.8 billion, a 36 percent increase. The 2012 growth topped the 7 percent national average for merchandise growth for the same period, the ITA reported.

"Exports are an increasingly important part of Arkansas' economic recovery as local businesses both big and small start to look beyond our borders to increase their customer base," said Francisco Sánchez, Under Secretary of Commerce for International Trade, in a news release.

Arkansas export sales were up in many countries, including Indonesia (up 228 percent), Germany (178 percent), Brazil (170 percent), France (116 percent) and Hong Kong (110 percent), in key merchandise export categories such as transportation equipment, chemicals, food and kindred products, machinery manufactures and agricultural products.


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