Kentucky Exports Reach New Record in 2014

Feb 11, 2015

Credit Credit volvob12b / Flickr (Creative Commons License)

Kentucky officials say the state exported another record amount of its products around the world in 2014.

Gov. Steve Beshear said Tuesday that a state-record $27.5 billion of products were shipped globally last year. It's the fourth straight year Kentucky has surpassed the previous mark.

The new record represents a 9 percent growth in exports since 2013. By comparison, the average export growth rate nationwide was just over 2 percent. In 2013, Kentucky's exports totaled $25.3 billion.

Beshear's office says leading Kentucky's export growth is in the aerospace sector. Last year, the state shipped $7.8 billion in aerospace parts and products, up 38 percent from 2013.

Kentucky's other top exports include motor vehicles, parts and bodies and trailers, synthetic rubber and resin and pharmaceuticals.

Canada was Kentucky's top trading partner last year.