Courtney: Export Growth Shows that when Connecticut Exports, Connecticut Wins
WASHINGTON—Citing state export data released today from the U.S. Department of Commerce showing a more than 3 percent increase in exports from 2012 to 2013, Congressman Joe Courtney (CT-2) released the following statement:
“The impressive report released today by the Department of Commerce shows that efforts by Connecticut’s private sector, with support from effective Connecticut company trade missions, is yielding tangible results and increasing export growth in our state,” Courtney said. “The numbers demonstrate that when Connecticut companies strike out into the global marketplace, the result is increased demand for Connecticut goods and services. Trade missions like the one I led to Toronto this weekend in conjunction with Anne Evans from the U.S Department of Commerce’s Export Assistance Center are a critical tool for Connecticut businesses as they strive to increase their international reach.
“As a small state geographically, the need to export is critical,” said Courtney. “The good news is that the results speak for themselves – investing in exports is a winning strategy for our businesses and our economy.”
Anne Evans, District Director for the U.S. Department of Commerce International Trade Administration: “The data demonstrates that the Connecticut businesses I work with every day are expanding their reach in the global economy. I thank Congressman Courtney for his commitment and leadership in our efforts to increase international demand for top-quality Connecticut goods, and in turn, strengthen our economy here at home.”
Congressman Courtney has coordinated several trade missions for Connecticut companies in recent years, to Australia, Israel, the United Kingdom, Belgium, and most recently, Toronto, Canada. Trade missions are funded by companies under Connecticut’s District Export Council.
In 2013, Connecticut was one of sixteen states to achieve record export levels, increasing from $16 billion in 2012 to $16.5 billion in 2013 – an increase of 3.1 percent. For the fourth consecutive year, overall U.S. exports set a new record, reaching $2.3 trillion in 2013. To view the Connecticut report, click here.