Clinton/Gore '96

State by State Information

Arkansas



OPENING NEW MARKETS
TO CREATE JOBS FOR U.S. WORKERS


export graph jobs graph

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Arkansas recorded goods exports totaling nearly $2.0 billion in 1995, up 59 percent ($721 million) from 1993. During 1995, Arkansas was the 37th largest state exporter of goods in the United States.
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Arkansas’ jobs supported by goods exports grew an estimated 44 percent (7,628 jobs) since 1993. Export-related jobs pay 13 to 16 percent higher than the national average.
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In 1991, the latest year available, Arkansas’ exports accounted for 16.0 percent of its manufacturing output and represented 14.7 percent of its total manufacturing employment.
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Arkansas’ exports of manufactured products were up by 60 percent between 1993 and 1995 (from $1.2 billion in 1993 to $1.9 billion in 1995).
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The five largest manufacturing sectors in terms of Arkansas’ exports were: Food Products ($736.6 million of exports in 1995), Chemical Products ($260.4 million), Industrial Machinery and Computers ($179.2 million), Electronic and Electric Equipment ($159.4 million), and Transportation Equipment ($109.3 million). These five sectors accounted for nearly 74 percent of the state’s total exports in 1995.
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Among Arkansas' fastest growing manufactured exports (in millions) were:
Sector 19931995Change
Food Products$320.8$736.6130%
Electronic and Electric Equipment$111.9$159.4 42%
Chemical Products$190.4$ 260.437%
Industrial Machinery and Computers$142.3$179.226%

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Arkansas is the country’s 10th largest agricultural exporting state, shipping $1.2 billion in agricultural exports abroad or 2.8% of the U.S. total in 1994 (latest year available for Department of Agriculture state export data). The four largest export categories, Rice, Soybeans, Poultry, and Cotton, accounted for 84 percent of Arkansas’ agricultural exports in 1994. Given the 22 percent increase in total U.S. agriculture exports in 1995, agriculture exports from the state of Arkansas in 1995 will likely range between $1.4 billion and 1.5 billion.
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Total exports from Arkansas to NAFTA countries increased by 24 percent between 1993 (pre-NAFTA) and 1995 (from $582.9 million in 1993 to $719.8 million in 1995). During 1995, Canada was Arkansas’ largest export market, while Mexico was Arkansas’ sixth largest export market. Exports to Canada were up by 28 percent ($143 million), to $650.0 million in 1995. Arkansas’ exports to Mexico were down by 8 percent ($6 million), to $69.8 million in 1995.
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During 1995, Japan was Arkansas’ third largest export market. Total exports from Arkansas to Japan were up 25 percent ($28 million), to $143.0 million in 1995.
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Total exports from Arkansas to the European Union were up 42 percent ($81 million), to $271.6 million in 1995.




Paid for by Clinton/Gore ’96 General Committee, Inc.