Alaska Exports Up 30.4% Through October 2010
Governor Sean Parnell has announced that the value of Alaska exports through October 2010 increased by 30.4 percent to more than $3.8 billion compared to the same period in 2009.
“Alaska’s resources are valuable and compete globally,” Governor Parnell said. “This 30 percent increase demonstrates that international markets recognize this value. And, international competition for our resources provides jobs for Alaskans.”
For January through October 2010, Alaska exports reflected double-digit increases in all of the top commodities:
- seafood
- minerals
- energy
- precious metals
- forest products
During that period, seafood export value was up 12 percent, to $1.7 billion, after a banner catch year in the state, especially the salmon industry which had its best season in 18 years.
Forest products exports grew in value by 38.4 percent, to $86.4 million.
Alaska’s mineral export value for those 10 months was up 63.6 percent, to $1.3 billion, primarily due to much higher world prices for zinc.
Alaska is home to the world’s largest zinc mine, Red Dog in Northwest Alaska. The value of Alaska’s precious metals exports, primarily gold, increased 59.9 percent to $177.5 million.
The rise in mineral export value also includes $39.2 million for Canadian copper passing through the Skagway Ore Terminal.
The partial-year numbers also showed that Alaska’s energy export value rose 36.3 percent, driven by higher prices for liquefied natural gas, to $344.6 million.
The source of the data is the U.S. Census Bureau. The value of Alaskan goods first warehoused in other states and then exported is not included.
For additional information about Alaska’s exports, contact International Trade Specialist Patricia Eckert at (907) 269-8118.
Topics: 2011, Alaska, America, business, economic development, economic growth, Economy, employment, energy, exports, fish, forest, gold, Governance, government, Governor Sean Parnell, industry, investment, jobs, minerals, mining, moniter, monitor, natural resources, news, oil, precious metals, Red Dog, salmon, seafood, Skagway Ore Terminal, society, U.S., U.S. Census Bureau, United States, zinc
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