WKU Public Radio News Staff
Wed November 27, 2013
Kentucky Vehicle Exports up 43 Percent in 2013
Vehicle exports from Kentucky were up 43 percent through the first nine months of the year, setting a state record.
Governor Steve Beshear said the state exported more than $3 billion worth of vehicles between January and September and will likely top $4 billion by year's end. That, he said, translates into more jobs and a stronger economy for Kentucky.
The previous record for vehicle exports was $2.7 billion set last year.
Beshear said a significant part of the growth is the result of exports to Saudi Arabia, which now is the second largest buyer of Kentucky-made automobiles.
Canada remains the top consumer of vehicles produced in Kentucky.
Exports of all Kentucky products also are on a record pace, having reached $18.4 billion as of September.