| Iowa
Companies Enjoy Export Growth
 As
total U.S. exports fall, Iowa companies experienced a two
percent growth in exports in 2002. Iowa’s export of
manufactured goods and value-added food products rose to
nearly $4.7 billion, up from $4.6 billion in 2001.
“Iowa
companies are increasing their exporting by building the
long-term relationships necessary to succeed in the global
marketplace,” says Mike Blouin, Director of the Iowa
Department of Economic Development. “There is a great
awareness that not all their customers are just down the
street anymore. Yet those customers must still feel they
know the company, even if they are located across the ocean.”
Iowa’s
top ten customers in 2002 were Canada, Japan, Mexico, Germany,
France, United Kingdom, Australia, Korea, Belgium and China.
Together, they accounted for 78 percent of Iowa’s
exports. Iowa increased exports to Korea, France, Mexico
and Canada.
Iowa’s
top ten exporting industries ending 2002 were:
- Machinery
- Vehicles
(not rail)
- Meat
- Electrical
Machinery
- Optics,
Medical Instruments
- Pharmaceutical
Products
- Food
Waste; Animal Feed
- Cereals
- Iron
and Steel
- Rubber
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