Missouri exports are up 18 percent in the first quarter of 2011. That’s according to data released Thursday by the World Trade Center Saint Louis.
The total dollar value of Missouri exports in Q1 was $3.4 billion, compared to $2.9 billion in 2010.
Tim Nowak is the Director of the World Trade Center. He says Asian markets continue to show the biggest growth potential for Missouri.
“Some of the highest growth that we’re seeing, double-digit growth is in Singapore, Indonesia, Korea, China,” says Nowak.
Missouri’s exports grew by 35 percent last year, and the state’s governor is visiting several businesses today to spread the news.
Governor Jay Nixon stopped at Volpi Foods this morning, a family-owned business on The Hill in St. Louis, which exports dry-cured Italian meats to several countries.
Canada, Mexico and China are the top customers for Missouri goods in an export market that jumped 36 percent in 2010, the St. Louis Business Journal reports.
The data reflecting the jump is from the World Trade Center St. Louis.
Tim Nowak, executive director at the World Trade Center, says the growth was driven primarily by industrial products and manufactured goods.
St. Louis Public Radio is a service of the University of Missouri-St. Louis.