Kansas exports last year slipped 11 percent from 2014
Kansas exports declined in 2015, according to the U.S. Bureau of Economic Analysis.
Kansas exported $10.7 billion worth of goods and services in 2015, including some products that in-state companies imported and then re-exported. In 2014, it exported $12 billion worth of goods and services, meaning the state saw an 11 percent decline in export sales.
Kansas excels at producing export goods, such as aircraft, machinery, electronics, grain and meat. But Kansas exporters, like all American exporters, have sustained slower sales because of the global slowdown, particularly in China, and the appreciation of the dollar against foreign currencies, which makes U.S. goods more expensive.
In part because of that slowdown, in 2015 Kansas imported more goods and services than it exported for the first time in several years, although still at a rate far below the U.S. as a whole.
This story was originally published February 5, 2016 at 10:36 AM with the headline "Kansas exports last year slipped 11 percent from 2014."