Clinton/Gore '96

State by State Information

North Carolina a



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


export graph jobs graph

*
North Carolina recorded goods exports totaling $11.3 billion in 1995, up 31 percent ($2.7 billion) from 1993. During 1995 North Carolina was the 15th largest state exporter of goods.
*
North Carolina’s jobs supported by goods exports grew an estimated 19 percent (23,374 jobs) since 1993. Export-related jobs pay 13 to 16 percent higher than the national average.
*
In 1991, the latest year available, North Carolina exports accounted for 17.5 percent of its manufacturing output and represented 15.2 percent of its total manufacturing employment.
*
North Carolina’s exports of manufactured products were up by 34 percent between 1993 and 1995 (from $7.8 billion in 1993 to $10.5 billion in 1995).
*
The five largest manufacturing sectors in terms of North Carolina exports were: Industrial Machinery and Computers ($1.9 billion of exports in 1995), Chemical Products ($1.5 billion), Electronic and Electric Equipment ($1.2 billion), Apparel Products ($1.2 billion), and Textile Mill Products ($979.0 million). These five sectors accounted for 60 percent of the state’s total exports in 1995.
*
Among North Carolina’s fastest growing manufactured exports (in billions) were:
Sector 19931995Change
Apparel Products$0.6$1.288%
Industrial Machinery and Computers$1.2$1.958%
Textile Mills Products$0.7$1.049%
Chemical Products$1.1$1.543%

*
North Carolina is the country’s 13th largest agricultural exporting state, shipping $1.1 billion in agricultural exports abroad or 2.4% of the U.S. total in 1994 (latest year available for Department of Agriculture state export data). The largest export category, tobacco, accounted for over half of North Carolina’s agricultural exports in 1994. Given the 22 percent increase in total U.S. agriculture exports in 1995, agriculture exports from North Carolina in 1995 will likely range between $1.2 billion and $1.4 billion.
*
Total exports from North Carolina to NAFTA countries increased by 40 percent between 1993 (pre-NAFTA) and 1995 (from $3.0 billion in 1993 to $4.2 billion in 1995). During 1995, Canada was North Carolina’s largest export market, while Mexico was North Carolina’s third largest export market. Exports to Canada were up by 34 percent ($867 million), from $2.6 billion in 1993 to $3.4 billion in 1995. North Carolina’s exports to Mexico were up by 81 percent ($323.2 million), from $397.8 million in 1993 to $721.0 million in 1995.
*
During 1995, Japan was North Carolina’s second largest export market. Total exports from North Carolina to Japan were up 6 percent ($44.6 million), from $742.9 million in 1993 to $787.5 million in 1995.
*
Total exports from North Carolina to the European Union were up 21 percent ($425 million), from $2.0 billion in 1993 to $2.4 billion in 1995.




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