Dover Metropolitan Area logged record number of exports in 2014

DBT Staff Report

Washington, D.C. — Goods exported from Dover totaled $94 million last year, according to a report released by the U.S. Department of Commerce. The International Trade Administration’s 2014 Metropolitan Area Export Overview showed that the city’s goods exports increased $37 million, an increase of $37 million or 66.5 percent from 2013 to 2014.

“More and more Delaware companies are participating in the global economy,” said David Mathe, export trade director for the State of Delaware. “In concert with our local and federal partners, we are actively assisting them in marketing their products to the 96% of the world’s consumer market outside of the United States.”

U.S. metropolitan area goods exports exceeded $1.44 trillion in 2014, up $36 billion from 2013, and accounting for 89 percent of total U.S. goods exports last year, according to the report. For the first time ever, 161 metropolitan areas tallied merchandise exports worth more than $1 billion in 2014.

 Dover Metropolitan Area Export Highlights for 2014 include:

• Second consecutive year of increased exports.
• One of 139 metro areas to achieve record goods export levels.
• Nearly 44 percent of goods exports went to markets where the United States has trade agreements.
• Key merchandise export categories included transportation equipment; primary metal manufactures; plastics and rubber products; processed foods; and textile mills.
• The European Union, NAFTA, and Asia regions were leading destinations for goods exports.

“Whether it is creating a link with one of our new overseas representatives to leading trade missions to targeted countries or providing one on one counseling, the Global Delaware team is uniquely positioned to facilitate Delaware companies’ entry, expansion  and success in the global market,” said Mathe.