OLYMPIA, Wash. - Washington's exports climbed 21 percent in 2011, hitting a record high of $64.6 -billion dollars in 2011.
The aerospace industry accounted for half of all the exports coming from Washington. Agriculture made up about 15 to 20 percent. Most Washington goods go to China, and there's been a big demand increase coming from Europe.
Over the next five years, Gregoire expects the state export initiative to increase the number of Washington state companies exporting by 30 percent and help 5,000 Washington businesses achieve $600 million in new export sales.
"Increasing the export of American products and services to global markets can help revive the fortunes of U.S. companies, spur future economic growth and support jobs in the U.S.," said U.S. Commerce Secretary Gary Locke. "I applaud Governor Gregoire and Washington state for partnering with us on the National Export Initiative, and look forward to working with the state."
Experts say Washington should meet Gregoire's goal of increasing the state's exports by 30 percent in five years a bit early.
Some big areas for growth include high tech equipment, especially in the medical industry... dealing with imaging and diagnostics.