Wisconsin exports up 2.6% to start 2018

Increasing shipments to Canada, UK and Germany lead growth

wisconsin exports

Last updated on July 2nd, 2019 at 09:08 pm

Wisconsin companies exported nearly $5.46 billion in goods and services during the first quarter of the year, an increase of 2.6 percent, according to new data from the U.S. Census Bureau.

Exports in January were up 3.5 percent compared to 2017. February was down 6.6 percent but March rebounded with a 10.2 percent increase.

Canada remained the top destination for Wisconsin exports with $1.73 billion in shipments during the first quarter, an increase of $78.9 million or 4.8 percent.

Other top gainers among the top 10 export destinations included the United Kingdom, up $61.6 million or 38.5 percent; Germany, up $51.6 million or 33.8 percent; and South Korea, up $43 million or 36.6 percent.

Exports to Mexico were down 3.3 percent or $26.8 million. Japan saw a $20.7 million decrease, down 10.1 percent, and exports to China were down 1.8 percent or $6.6 million.

Read more economic data reports at the BizTracker page.

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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