This appeared on Asia Matters for America.
US states exported $413 billion worth of merchandise to Asia in 2011, according to preliminary data released by the Commerce Department. We broke down the exports to four major Asian destinations – Japan, Korea, Australia and the ten countries of the Association of Southeast Asian Nations (ASEAN) – to show which states are gaining the most from trade with Asia. Explore more in this interactive data graphic:
California is the top exporting state to Japan, Korea and Australia, with combined exports of $25.2 billion in 2011. Computer and electronic products are the state’s leading exports to the three destinations, yet over the last five years the value of these exports has declined, by as much as a third to Korea. However, the state has increased its exports of manufactured food items – by more than double in the last five years to Korea and Australia – and more modest growth in the lucrative chemicals trade.
Texas is the leading state exporter to ASEAN, with $12.7 billion in 2011. The state’s leading export sector to ASEAN is computer and electronic products, with $3.1 billion in 2011, down from a high of $5.3 billion in 2003. Agricultural products, which make up about 5% of Texas trade with ASEAN, have grown five-fold in the last five years, making it the state’s fastest growing export sector to ASEAN. Other growth industries include chemicals and products of petroleum and coal.
The West Coast is well represented in exports to Asia. Washington is one of the top four states for all four destinations, while Oregon is the fourth largest exporter to ASEAN, even though its state economy ranks number 25 in the nation.
Illinois exports more to Australia, at $3.7 billion, than to any of the other three destinations, nearly equaling California’s exports to that country. Exports to Australia are very different than to the other destinations. For example, Wisconsin is the ninth largest exporter to Australia, led by $431 million in machinery sales that have increased 50% in the last five years. South Carolina is the tenth largest exporter to Australia, led by $318 million in transportation equipment and $210 million in plastics and rubber products, which have grown nearly five-fold in five years.
Other top exporting states include Louisiana exports to Korea and Japan (the fourth leading states for each country) and New York exports to Korea, Japan and Australia (fifth leading state for each).