International trade’s role in state
The importance of international trade to the state's economy has never been so evident as in the recently compiled trade statistics for the year 2000.
Last year, Kansas exports totaled $5.1 billion in manufactured and food products. Agricultural products lead the way, with aircraft following close behind.
Japan is the leading destination for Kansas exports.
In recognition of the significant impact exports have on Kansas income and employment, a number of international events are taking place this year to advance Kansas' business connections around the world.
In honor of World Trade Week, May 14-18, the Wichita World Trade Council will feature a conference with Japan as a selected country theme, and the Kansas City International Trade Club is planning events around "Market Opportunities in Big Emerging Markets."
I would encourage those in the Kansas business community with global market potential to look at the great insights and contacts that can be generated at these events.
To take advantage of international market conditions, two Kansas trade missions are being arranged to promote Kansas products in Mexico and Europe.
Staff from the Kansas Department of Commerce and Housing will lead a trade mission in May to Mexico.
In June, the state also will host a "Kansas Pavilion" at the Paris Air Show. Our presence at the largest air show in the world will advance the state's prominence in aircraft manufacturing and assembly to global audience.
Later this year, the global business community will focus its attention on Wichita as the state prepares to host the 33rd annual Joint Meeting of the Midwest-U.S. Japan Association and Japan Midwest-U.S. Association.
Scheduled for Sept. 9-11, the conference will attract hundreds of business executives from Japan and from member states in the Midwest.
As the host state, Kansas has unique opportunity to reaffirm Japan's number one ranking in Kansas export markets and to broaden our visibility to international visitors.
We live in a global economy. Events happening all around the world impact our lives in Kansas. Now is a good time to develop stronger trade relations and aggressively seek new markets. International business is our hope for a solid economic future.
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