Tagged: World Trade Center St. Louis

Missouri companies exported $14.1 billion worth of goods and services last year, according to new data from the World Trade Center St. Louis and the World Institute for Strategic Economic Research.

That's a record level of exports, officials say - $500 million higher than the previous record, which was set in 2007. The state's biggest customers were Canada, Mexico and China, with China's consumption of goods like copper scrap, fan parts, and semiconductor devices growing another 18 percent in 2011.

Nixon to deliver State of the State Speech tonight

Missouri Gov. Jay Nixon is expected to stress his job-creation efforts as he delivers his annual State of the State address to lawmakers.

Tonight's speech is to coincide with the release of Nixon's proposed budget for the 2013 fiscal year. Nixon's budget director has said Missouri may face a gap of about $500 million between projected expenses and revenues in the budget year that starts July 1.

Canada, Mexico and China are the top customers for Missouri goods in an export market that jumped 36 percent in 2010, the St. Louis Business Journal reports.

The data reflecting the jump is from the World Trade Center St. Louis.

Tim Nowak, executive director at the World Trade Center, says the growth was driven primarily by industrial products and manufactured goods.