Kentucky businesses are finding success in today’s global market. As exporting continues to grow, small businesses and large corporations alike are finding a growing demand for Kentucky-made products. This additional revenue source provides more security for business and more jobs for Kentuckians.
The Kentucky Export Initiative was formed to unite and streamline the efforts of Kentucky’s international trade partners. The goal is to increase Kentucky exports, which will lead to new jobs and create diversified markets for Kentucky products. In 2015, $27.6 billion in goods and services were sold abroad.
Last year, Kentucky’s top five export products were:
- 1. Aerospace products and parts, at $8.7 billion
- 2. Motor vehicles and parts, at $5 billion
- 3. Pharmaceuticals and medicines at $1.7 billion
- 4. Resin, rubber, fibers and filament, at $1.2 billion
- 5. Basic chemicals, at $987 million
Currently, the top export destinations for Kentucky companies are:
- 1. Canada
- 2. United Kingdom
- 3. Mexico
- 4. China
- 5. France
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