Archived: Increase Exports
Supplemental Information
January 2017 Supplemental Report (click here)
Why is this a priority?
Exports drive many of the most important sectors in our economy, such as aerospace, agriculture and medical devices. Exports also directly support many high-paying jobs and indirectly help support many other jobs throughout the economy.
How are we doing?
Washington's exports declined 8.6%, from $78.8 billion in 2015 to $72.0 billion in 2016. This decline was due in part to a reduction in Boeing plane orders, a strengthening dollar, and reduced oil prices.
What are we working on?
- Deliver on current programs and services, including Export WA, Export Assistance Program, Small Business Development Centers, Export Finance Assistance Center, and the Export Resource Center.
- Promote exports through trade missions and foreign trade offices
- Increase marketing of current tax incentives
- Providing vouchers for small businesses through the State Trade and Export Promotion Program.
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