4th Quarter 2008

 

 

 

Chemicals and electronics both felt the impact of the Global Economic Crisis.

 

 

 

 

 

 
USB-drive exports bucked a very difficult quarter for electronics.

 

 

 

 

 

 

 

 

 

 

 

An oddity: some of the state's best markets were also among the most troubled.

Tennessee's Largest Export Sectors

 
Exports

Change over
Year

Change
over
Quarter
Transportation equipment
$1,005,880,509
-1.7%
-0.6%
Chemicals
$707,275,754
-19.5%
-26.1%
Computer & electronic products
$824,367,766
-15.1%
-8.4%
Misc. manufactured goods
$732,018,573
8.8%
6.5%
Nonelectrical machinery
$464,087,523
-2.6%
-9.1%
Agricultural products
$230,085,255
48.5%
9.8%


Greatest Export Growth and Decline
*

 
Value of Exports
Growth
%
Decline %
GREATEST GROWTH
USB flash disks
$28,948,199
66,420.1
Wood pulp, dissolving grades
$13,451,592
1,294.4
Medical needles, catheters, & parts
$36,265,852
400.5
Cellular phones
$16,476,501
275.1
Suspension shock absorbers
$26,310,878
223.2
GREATEST DECLINE
Polyethylene terephthalate
$13,512,417
 
-58.1
Tapeless DVRs
$3,436,860
 
-54.1
Terephthalic acid & its salts
$9,686,446
 
-53.9
TV or digital cameras & VCRs
$33,565,732
 
-53.2
Bleached paper or paperboard > 150mg
$15,463,910
 
-52.5

*among Tennessee's top 100 exported goods

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Fastest-Changing Export Destinations*

 
Value of
Exports
Growth
%
Decline
%
GREATEST GROWTH
Afghanistan
$8,182,700
840.1
Iraq
$29,672,612
229.6
Nigeria
$7,668,251
219.4
Bangladesh
$10,886,520
174.8
Lebanon
$18,033,887
134.8
GREATEST DECLINE
Macao
$485,270
 
-93.7
Luxembourg
$1,456,733
 
-80.7
Kenya
$777,854
 
-80.1
Bulgaria
$667,856
 
-77.2
Pakistan
$9,994,844
 
-55.9

*among countries averaging > $2m sales/quarter

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