What are we Exporting?

Typically, one-third of the State’s manufactured exports are machinery related. Oklahoma’s largest export sales in 2007 were in Liquid Pumps; Liquid Elevators; and Parts (HS 8413), totaling almost $253 million in sales and accounting for over 5% of all State exports. This was down from its 6.6% share in 2006. Still, Oklahoma ranked as the nation’s 7th largest exporter of liquid pumps.

Oklahoma sends most of its liquid pumps to Canada and Russia. Canada is the destination for a third of all exports of these products. In addition, Oklahoma accounted for an impressive 66% of all U.S. Liquid Pump exports to Russia.

The State’s second greatest exported product was Tires, with export sales of $222 million. Ninety percent of this went to Canada. It is unknown to what extent the closing of Oklahoma City’s Dayton plant will affect tire exports in the years to come. Still, with Goodyear and Michelin remaining, Oklahoma was the nation’s fifth largest exporter of tires with growth from the previous year exceeding 10%.