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New Data Shows New Orleans - Metairie is a leading Metropolitan area for Exports

New Orleans Area Merchandise Exports Increased 23 Percent to a Record High in 2013

WASHINGTON – The U.S. Department of Commerce’s International Trade Administration (ITA) today announced new export data that shows merchandise exports from the New Orleans-Metairie metropolitan area totaled a record $30 billion, an increase of 23 percent or $5.7 billion from 2012 to 2013. This growth helped New Orleans to remain a top metropolitan area for exports in 2013.

“The Department of Commerce is dedicated to assisting U.S. firms meet the needs of global consumers while strengthening our economy and supporting jobs throughout the New Orleans metropolitan area and our nation,” said Under Secretary of Commerce for International Trade Stefan M. Selig. “U.S. companies of all sizes are exploring the possible benefits of exporting, and looking beyond our borders to expand their customer base. More than 95 percent of potential consumers live outside the United States and crave the world-class products offered by American businesses.”

According to international trade figures released today by ITA, 156 U.S. metropolitan areas exported more than $1 billion in merchandise in 2013. New Orleans-Metairie is one of 33 metropolitan areas with merchandise exports worth more than $10 billion. Thirty-three of the top 50 metropolitan areas for exports registered positive growth between 2012 and 2013 – with 26 reaching record export levels.

Key merchandise export categories for the New Orleans-Metairie metropolitan area in 2013 included petroleum and coal products, crops, processed foods, chemicals, and beverages and tobacco products. China, Singapore, Mexico, France, and the Netherlands were the leading destinations for New Orleans exports.

“Big export sales means more revenue which translate into economic growth and jobs for Louisiana,” said Donald van de Werken, Director of the U.S. Commercial Service in New Orleans. “There is a great potential for more exporting—particularly among smaller businesses that have yet to explore their full export potential.”

The Department of Commerce’s International Trade Administration works with American businesses of all sizes to identify export opportunities for their products and services to bolster President Obama’s National Export Initiative (NEI). A focus of the NEI is helping metropolitan areas identify regional strengths in order to increase their exports, boost the local economy, and create jobs for American workers.

For more information on exporting, contact the U.S. Commercial Service Export Assistance Center in New Orleans at (504)589-6546 or visit http://www.export.gov/louisiana/.

For more information on the impact of Metropolitan Statistical Areas on U.S. exports, including fact sheets for the top 50 exporting MSAs in 2013, visit http://www.trade.gov/mas/ian/metroreport/index.asp.

 

 

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