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

	Iowa recorded goods exports totaling $2.8 billion in 1995, up 26 percent ($566.7 million) from 1993. During 1995, Iowa was the 32nd largest state exporter of goods.
	Iowa’s jobs supported by goods exports grew an estimated 14 percent (4,404 jobs) since 1993. Export-related jobs pay 13 to 16 percent higher than the national average.
	In 1991, the latest year available, Iowa’s exports accounted for 14.6 percent of its manufacturing output and represented 14.9 percent of its total manufacturing employment.
	Iowa’s exports of manufactured products were up by 27 percent between 1993 and 1995 (from $2.0 billion in 1993 to $2.6 billion in 1995).
	The five largest manufacturing sectors in terms of Iowa’s exports were: Industrial Machinery and Computers ($793.1 million of exports in 1995), Electronic and Electric Equipment ($327.5 million), Food Products ($310.9 million), Transportation Equipment ($204.6 million), and Scientific and Measuring Instruments ($168.2 million). These five sectors accounted for over 65 percent of the state’s total exports in 1995.
	Among Iowa’s fastest growing manufactured exports (in millions) were: Sector 1993 1995 Change Industrial Machinery and Computers $463.4 $793.1 71% Food Products $219.6 $310.9 42% Chemical Products $114.3 $143.9 26% Rubber and Misc. Plastic Products $127.1 $142.6 12%
	Iowa is the country’s fifth largest agricultural exporting state, shipping $2.4 billion in agricultural exports abroad or 5.4% of the U.S. total in 1994 (latest year available for Department of Agriculture state export data). The largest export categories, soybean and feed grains, accounted for over 65 percent of Iowa’s agricultural exports in 1994. Given the 22 percent increase in total U.S. agriculture exports in 1995, agriculture exports from Iowa in 1995 will likely range between $2.7 billion and $2.9 billion.
	Total exports from Iowa to NAFTA countries increased by 20 percent between 1993 (pre-NAFTA) and 1995 (from $1.2 billion in 1993 to $1.4 billion in 1995). During 1995, Canada was Iowa’s largest export market, while Mexico was Iowa’s sixth largest export market. Exports to Canada were up by 21 percent ($231.1 million) from $1.1 billion in 1993 to $1.3 billion in 1995. Iowa’s exports to Mexico were up by 9 percent ($7.2 million), from $84.8 million in 1993 to $92.0 million in 1995.
	During 1995, Japan was Iowa’s second largest export market. Total exports from Iowa to Japan were up 64 percent ($58.2 million), from $91.0 million to $149.2 million in 1995.
	Total exports from Iowa to the European Union were up 23 percent ($0.2 million), from $411.7 million in 1993 to $505.8 million in 1995.

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