Despite trade tensions, Oregon exports rebound with Asia dominating
In 2018, Oregon exported $22.3 billion in goods, a 1.8 percent increase from 2017.
April 09, 2019
- In 2018, Oregon exported $22.3 billion in goods, a 1.8 percent increase from 2017. It has now grown 15.2 percent over the last decade.
- Six of Oregon’s seven top export countries are in Asia (China, Japan, South Korea, Malaysia, Vietnam, and Taiwan). The second-largest trade partner in 2018 was Canada.
- Although trade tensions coated headlines between the US and China and Canada, Oregon exports to both countries grew the most out of any other in 2018.
- China received $4.7 billion in Oregon exports, a 20 percent jump from 2017. Only about one third of Oregon exports to China are subject to the proposed or enacted tariff increases. Items such as electrical and industrial machinery experienced the largest gains as a result of not being exposed to tariffs. Exports to Canada grew 35 percent from 2017, totaled $3.2 billion.
- The largest sector of Oregon exports is computer and electronic products, accounting for 33.8% of total outbound trade in 2018.
Source: US Department of Commerce, AJOT