The 100 largest metropolitan areas generated a total of more than $1 trillion worth in exports in 2008, according to the Export Nation report from the Brookings Institution. Did you know that Austin’s rate of exports increased 16 percent per year between 2003 and 2008, ranking it the tenth fastest-growing exporter in the U.S. and 26th overall?
Computer and electronic products were listed as the primary industry for export growth in the Austin-Round Rock region, likely due in large part to Round Rock-based Dell Inc. That sector experienced an average 42 percent increase in exports per year in the five years included in the study. Tech industry exporting from Austin, much of which went to China, totaled about $10.2 billion in 2008.
For more information, read Exports from metropolitan areas key to economic future, Brookings Institution says Austin Business Journal, 7-26-10).
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