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Exports jump by 54 percent in first quarter

Export sales by Idaho companies rose by more than 8.5 percent in the first quarter of 2010 from the previous period, to $1.22 billion for January to March. Nationally, exports for the same period were nearly flat, at less than 1 percent growth.

Idaho exports jumped by more than 54 percent from the first quarter of 2009.

The top Idaho export category continues to be semiconductors, but exports of aircraft, office machinery, vegetables and seeds, precious metals and paper products remained strong.

“Idaho’s export results for the first quarter of 2010 show positive signs the economy is improving,” Damien Bard, administrator of the International Business Division of the Idaho Department of Commerce, said in a release. “Exports in Idaho and across the United States still are a key piece to helping drive the U.S. economy.”

The top export destinations for Idaho goods during the first quarter of 2010 were: Canada, Singapore, Taiwan, China and Korea. Idaho companies export products to more than 115 countries.

Products ranging from integrated circuits to agricultural machinery to wood and forest products are exported from Idaho. Idaho maintains trade offices in Taiwan, Mexico and China.


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