KTVN Channel 2 - Reno Tahoe News Weather, Video - Report: Nevada Leads Nation in International Exports Increase

Report: Nevada Leads Nation in International Exports Increase

The Nevada Commission on Economic Development says the Silver State now leads the nation when it comes to increases in international exports.

The report says Nevada's companies raked in a record-breaking $1.098 billion in international exports during the first two months of 2009.

According to the NCED that's nearly a 23% increase over the same period last year translating to more than $204 million more than the year before.

The next best state was Mississippi who posted a 12% gain. Only four states and one territory showed increases with all other states experiencing decreases for the first two months of 2009.

Excluding precious metals exports which were up 65%, many of Nevada's major product sectors showed substantial growth over the same period of 2008, with most showing double-digit or greater increases. The most notable increases of Nevada's exports were in:

*         Electrical Machinery, up 11%

*         Aircraft parts, up 609%

*         Furniture and related products, up 50%

*         Base metals, up 244%

*         Edible preparations, up 99%

*         Beverages, up 11%

*         Nickel and items of nickel, up 154%

*         Articles of rubber, up 12%

*         Articles of stone, plaster and cement, up 716%

*         Articles of apparel, up 19%

As for the entire U.S., total exports in the first two months of 2009 were down 22.5%.