Kansas’ exports to China climbed 30 percent in 2013
05/08/2014 10:23 AM
05/08/2014 4:19 PM
Kansas’ exports to China rose 30 percent in 2013 from 2012, hitting $1.6 billion, according to figures released by the US-China Business Council.
About half of those exports were soybeans, corn and other crops. Another 15 percent was processed food, and 8 percent was from beverages.
Transportation equipment, mostly aircraft, made up $102 million, or 6.4 percent of exports to China in 2013.
The state’s exports to China have quadrupled over the last 10 years, making it now the state’s second most important export market after Canada.
China is a key export market for the U.S. as a whole, as U.S. exports to China rose to $122 billion last year, more than quadrupling in the last decade, according to the U.S. Department of Commerce.
The U.S. continues to import far more from China: $440.4 billion in goods and services last year, nearly triple from 10 years ago.
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