October 1, 2012

Cover Story

What Doesn’t Kill You…

Almost anything can affect the success of a business. Economics, location ...Read More

Featured Articles

Around Utah

Players

Sections

Spotlight
Kelle Stephens: A Focus on Dixie’s Future

Spotlight
Dan England: Moving Full Speed Ahead

Features
Healthcare Heroes

Features
Mission Critical

Focus
Crossing Borders

Editor's Note
Utah Needs More Women in STEM Fields

Industry Outlook
Women-Owned Business

Special Report
The 2012 Election

Legal Briefs
How Open Should Government Be?

Money Talk
Cash In

Economic Insight
Moment of Truth

Lessons Learned
Road Warriors

TechKnowledge
Ready Cash

EntrepreneurEdge
A Grand Exit

Business Trends
Through the Roof

Executive Living
Delicious Dates

Article

Crossing Borders

A Look at Utah’s Export Growth

October 1, 2012


Utah Export Stats Mid-Year 2012   
Total Exports Jan - June 2012
$9,708,309,374
Percent Change over 2011
14.02%
Source: World Trade Center Utah

Utah ranked No. 6 overall in the 2010 report “Export Focus for Manufacturing and Services.” (Kauffman Foundation)

Direct export-supported jobs linked to manufacturing in Utah account for an estimated 93,000 jobs for Utah families. (U.S. International Trade Administration and U.S. Bureau of the Census)

Utah averaged the following growth in export commodities from 2006 to 2010: Electric machinery, which includes integrated and printed circuits, grew at 63%
Aerospace grew at 18%
Industrial machinery, including computers, grew 12%
Source: WISERTRADE

Utah’s exports are showing a 31% increase over the previous record set in 2009. (GOED)

Top 25 Commodities Based on 2011 Dollar Value
(Values in Millions of Dollars)             
                    Rank    Description       2011 Value

  1. Gold, Nonmonetary      11,839
  2. Electronic Integrated Circuits    1,297  
  3. Molybdenum Ores and Concentrates    358     
  4. Food Preparations        347     
  5. Civilian Aircraft, Engines and Parts        211     
  6. Safety Airbags 204     
  7. Precious Metal Waste and Scrap          186     
  8. X-ray Equipment          150     
  9. Transistors        119     
  10. Medical Needles, Catheters, etc.          116     
  11. Beauty and Skin Care Products            112     
  12. Safety Fuses     109     
  13. Machine Tools and Parts          107     
  14. Semimanufactured Silver           98       
  15. X-ray Tubes     82       
  16. Graphite or Carbon      80       
  17. Motor Vehicles Parts and Accessories 71       
  18. Unwrought Silver          70       
  19. Medical, Dental, Surgical Instruments    66       
  20. Digital Processing Units 56       
  21. Alkaloids          55       
  22. Sports Parts and Equipment      54       
  23. Dental Hygiene 46       
  24. Zirconium         40       
  25. Prepared Explosives     39

Source: U.S. Department of Commerce, U.S. Census Bureau

Top 5 Commodities
Mid-Year 2012
Primary Metals $6,165,739,174                     
Computer & Electronics $1,063,617,132                   
Chemicals         $406,398,523            
Food & Kindred Products        $403,089,571
Transportation Equipment         $385,220,916
Source: World Trade Center Utah

In 2010, Utah shipped $13.57 billion in merchandise exports to international markets. (GOED)                                             

Page 12
Utah Business Social
UB Events View All
2014 Fast 50 EventUtah Business Event
Aug 28, 2014
Utah Business magazine along with presenting sponsors Kirton McConkie, CBIZ, MHM, LLC and Newmark...
Community Events View All
The 3 Percent Road Show
Jul 31, 2014
The Mad Men era may be decades behind us, but not much has changed in the advertising industry as...
Day of Hope Car Show
Aug 2, 2014
3rd Annual fundraiser to benefit 1,600 child victims of crime helped by the award winning Childre...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel