by Hans D. Stroo on September 17, 2014
Washington has the most trade dependent economy of any state. Exports accounted for more than 30% of new jobs created in the state over the past 30 years.
Values on the maps and lists below come from the US Census Bureau USA Trade data tool. All data reflects total value of goods exported for which Washington State was the point of production: January 1st – July 31st, 2014. In these first seven months of 2014, foreign markets imported $50.7 billion worth of goods produced in Washington State.
1. China Leads the Way
China is by far the single largest consumer of exports from Washington State. So far in 2014, China consumed $10 billion of Washington goods. Chinese markets received 20 percent of the total exports generated by Washington ($50 billion). The aerospace industry produced 53 percent of Washington goods bought by China.
WASHINGTON #1 IN TOTAL EXPORTS TO CHINA
Washington State ranked #1 among all states for total value of goods exported to China – about $10 billion! Since Washington ranks 13th for populations size, our performance for per capita exports to China is even more impressive.
As a region, Asia is the dominant destination for Washington exports:
- Asia, $28.7 billion, 56.7 percent
- Europe, $10 billion, 19.7 percent
- North America, $7.2 billion, 14.2 percent
- South/Central America $2.3 billion, 4.5 percent
- Africa, $1.33 billion, 2.6 percent
- Oceania, $1.15 billion, 2.2 percent
2. WASHINGTON SELLS IN EUROPE TOO
European countries were the destination for almost 20 percent of Washington exports in 2014 to date. About 5 percent of Washington’s exports end up in the United Kingdom, the single largest European importer of Washington goods. As in every other region, Washington aircrafts dominate.
Europe’s Most Imported WA Goods:
- Aircrafts, $7.6 billion, 76 percent
- Nuclear Reactors, $409 million, 4 percent
- Medical and Optic Equipment, $381 million, 3.8 percent
- Electric Machinery (Audio-Visual), $356 million, 3.5 percent
- Fish, Crustaceans, and Aquatic Invertebrates, $150 million, 1.5 percent
3. OUT OF WASHINGTON, INTO AFRICA
The African market for Washington State exports is very concentrated in a few countries. As in all other regions, aerospace dominates.
Four countries are destination for about 90% of WA exports. These countries have a combined population of 160.7 million, which is just 14.4 percent of Africa’s 1.1 billion population.
- Kenya, $588.9 million, 44 percent
- Ethiopia, $389.8 million, 26 percent
- Angola, $186.8 million, 14 percent
- Equatorial Guinea, $112.4 million, 8.4 percent
4. WA’S TOP 20 PRODUCT EXPORTS
- Aircrafts, $26.55 billion
- Petroleum, $2.93 billion
- Vegetable Oil, $2.89 billion
- Cereals, $2.65 billion
- Nuclear Reactors, $1.81 billion
- Vehicles, $1.47 billion
- Electric Machinery (Audio-Visual), $1.28 billion
- Medical and Optic Equipment, $1.98 billion
- Wood & Wood Products, $1.17 billion
- Edible Fruits and Nuts, $966 million
- Prepared Veggies & Fruits, $580 million
- Paper and Paperboard, $558 million
- Inorganic Chemicals, Rare Earth Metals, and Radioactive Compounds, $523 million
- Fish, Crustaceans, and Aquatic Invertebrates, $484 million
- Aluminum, $449 million
- Iron and Steel, $425 million
- Precious Jewels and Stones, $332 million
- Dairy Products and Eggs, $310 million
- Plastics, $273 million
- Toys, Games, and Sports Equipment, $263 million
5. TOP 20 DESTINATIONS FOR WASHINGTON PRODUCTS
- China, $9.96 billion, 20 percent
- Canada, $5.51 billion, 11 percent
- Japan, $4.21 billion, 8.6 percent
- United Kingdom, $2.12 billion, 4.3 percent
- South Korea, $2.04 billion, 4 percent
- U.A.E., $1.78 billion
- Mexico, $1.69 billion
- Germany, 1.57 billion
- Taiwan, $1.47 billion
- Russia, $1.39 billion
- Indonesia, $1.24 billion
- India, $1.18 billion
- Turkey, $1.08 billion
- Thailand, $952 million
- Qatar, $943 million
- Singapore, $908 million
- Hong Kong, $846 million
- Australia, $741 million
- Philippines, $678 million
- Malaysia, $599 million
6. ASIA
* Data obtained from US Census Bureau, State Export Data, Origin of Movement Series, HS., using USA TRADE data tool. Uploaded from site on September 16th, 2014.