REPORT SHOWS METRO CLEVELAND EXPORTS GROWING 4.9% CONTRIBUTING TO NATIONWIDE EXPORT GROWTH IN 2018
WASHINGTON – Today, Gilbert Kaplan, Under Secretary of Commerce for International Trade, announced the 2018 goods export data for the nation’s 392 Metropolitan Statistical Areas (MSA), highlighting that U.S. metro areas exported a significant $1.5 trillion in merchandise across the world last year. In fact, from 2017 to 2018, exports from MSAs increased $110.3 billion – or 8.1 percent, and 259 metropolitan areas reported positive export growth, with 94 reaching record-level exports. The Greater Cleveland MSA exports grew 4.9% in 2018 year over year compared to 2017.
“The Trump Administration is committed to addressing trade imbalances, breaking down trade barriers, and providing U.S. companies with new reach in foreign markets,” said Under Secretary Kaplan. “With this increase in exports over the last year and the continued work of the Commercial Service, it is a fruitful time for American businesses.”
In the Great Lakes region of the United States, metropolitan area goods exports totaled $206 billion, increasing 3 percent from 2017. Of the 68 metropolitan areas in this region, 46 metropolitan areas saw an increase from 2017, and 21 areas recorded record-high exports in 2018.
“The $206 billion of goods exported from the metropolitan areas of the Great Lakes region in 2018 indicate that local companies are realizing the benefits of global trade,” said U.S. Commercial Service Great Lakes Regional Director Mike Miller. “Companies seeking to grow their business through exporting have the beneficial services and expertise of our local trade specialists to help with expanding into international markets.”
For more information, please view The Metropolitan Export Series Database.