Congressman Charles W. Boustany, Jr., M.D., issued the following statement after the U.S. Department of Commerce’s International Trade Administration (ITA) recently announced Louisiana merchandise exports increased five percent over the last year, growing from $27.0 billion to $28.4 billion.
Key merchandise export categories include petroleum products, agricultural products, chemicals, food and kindred products, and machinery manufactures.
“As the United States continues to face economic challenges, its national exports have remained strong with Louisiana ranking seventh among the fifty states in total exports. With over 95% of the world’s consumers living outside the United States, exports are a driver of U.S. economic growth. As the desire for Pelican State goods continue to grow, South Louisiana’s maritime industry and ports are vital to the movement of these goods and will benefit from increased activity.
“I continue to be encouraged by the determination and success of Louisiana businesses to promote our unique state products on a global scale.”
Source: boustany, August 21, 2012; Image: portno