Exports

Utah exports up 37 percent

WASHINGTON - The International Trade Administration recently announced new data that show Utah merchandise exports increased 37 percent in 2011 compared to 2010, growing from $13.8 billion to $18.9 billion. This percentage growth topped the 16 percent national average for merchandise export growth for the same period.

Texas rice farmer Ray Stoesser stands outside his rice elevator Tuesday, Feb. 7, 2012, in Dayton, Texas. In the past month Iraq decided to no longer buy rice from U.S. farmers, dumping yet another problem on farmers already struggling with drought, excessive heat, rising production costs and dropping global prices. (AP Photo/Pat Sullivan)

Farmers furious after Iraq stops buying U.S. rice

DAYTON, Texas -- U.S. rice farmers are fuming over a decision by Iraq to stop buying American rice. Instead it is buying cheaper grains from elsewhere.

Low demand for gasoline at home leads U.S. refineries to export more

Faced with sluggish sales at home, American refineries are shipping gasoline, diesel and other petroleum products abroad in record amounts, turning the country into a net exporter of fuel.

Herbert to lead Utah trade mission to Canada

SALT LAKE CITY - Gov. Gary R. Herbert will lead a trade mission to Canada from November 1-3, 2011. Canada has been Utah's 2nd largest trading partner for the past six years, with exports to Canada in 2010 reached $1.2 billion dollars.

Forum brings 5 Arab ambassadors to SLC

SALT LAKE CITY - The ambassadors of five Arab nations will visit Salt Lake City on July 15 at the Little America Hotel. They will be visiting in support of the 2011 Ambassador's Forum of the National U.S.-Arab Chamber of Commerce's (NUSACC), which will focus on the topic "Business Opportunities in the Arab World in a Time of Transition."

(Standard-Examiner file photo) Fishermen (from left) John Toner, Dewey Moffet and Walker Mackay, of Mackay Marine Brine Shrimp, harvest brine shrimp eggs from Great Salt Lake in 2005.

Utah's exports are booming

Business in Utah has an increasingly international flavor.

Exports from the Beehive State have doubled in the past five years, and early indications this year show the upward climb is continuing.

"We are a great exporting state," Lew Cramer, president of the World Trade Center Utah, said of the rise. Officials from other states and areas of the country are asking why, he said.

Utah only state to double exports over the last five years

SALT LAKE CITY - With both Gov. Gary Herbert and President Barack Obama calling for a doubling of exports in the next five years, it is especially significant that Utah was the only state where exports doubled in the past five years. In 2010 Utah shipped $13.57 Billion in merchandise exports to international markets.

Some states will have to double exports just to return to where they were before the recession started. Utah, however, does not have that problem. The State is positioned to grow exports significantly.

"Utah sits in a unique position among states.

US says China must clarify rare earth exports

HONOLULU -- Secretary of State Hillary Rodham Clinton on Wednesday called on China to clarify its policy on the export of exotic metals key to the global high-tech industry.

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