Rising Alabama exports put 2022 on course for record year

While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure that already eclipses the annual record of $21.7 billion, set in 2017.

That’s good news for Alabama businesses that export their products to an international customer base because it suggests the strong recovery made during 2021 is accelerating.

“Alabama is full of next-level innovation taking place in key industries, and we’re ready to bring what’s happening inside our factories and laboratories, and within our entrepreneurial ecosystem to the world,” said Greg Canfield, Secretary of the Alabama Department of Commerce.

Trade data indicate that the value of Alabama exports through the first 11 months of 2022 were tracking 23% higher than in the same period in the previous year. Shipments of Alabama-made goods went to 194 countries in 2022.

Source : madeinalabama.com / For more details

Leave a Reply

Your email address will not be published. Required fields are marked *