Alaska exports show third quarter increase

Posted: Sunday, December 31, 2000

ANCHORAGE (AP) -- Alaska exported $2 billion worth of goods during the first nine months of the year. That's 2.6 percent higher than the same period in 1999.

State officials call the increase slow and steady when compared to the 31 percent jump in exports in 1999 over the previous year -- a surge that was credited to the rebounding Asian economy.

The Japan market accounts for more than half of Alaska's total exports, officials said. It continues to be stable, increasing 1.2 percent.

Korea and Canada are the number two and three export markets for Alaska. Both showed sharp increases through the third quarter of 2000, increasing 13.5 percent and 20.6 percent respectively.

Alaska's fourth largest trading partner, the Peoples Republic of China, was stable at $83.6 million thorough the third quarter.

Seafood continues to be Alaskas largest export sector, accounting for more than 40 percent of the state's total exports. Through the third quarter, seafood exports totaled nearly $850 million.

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