- With Over $47 Billion in Products Shipped Globally
- Canada remains Kentucky’s top export destination; aerospace products and motor vehicles saw increase in 2024
Gov. Andy Beshear announced Kentucky once again set an all-time record for products shipped globally, with $47.7 billion in exports in 2024. The commonwealth broke the record set in 2023 with an 18.7% increase over the previous year.
“The global demand for Kentucky-made products, made by hard-working Kentuckians right here in the commonwealth, has never been higher,” said Gov. Beshear. “For a second consecutive year we have set a new state record for exports, and that wouldn’t be possible without quality companies relying on Kentucky’s hard-working and talented workforce. The commonwealth’s commitment to developing partnerships all over the globe is critical for our long-term economic success. Now more than ever, the rest of the world is realizing that you just can’t beat a Kentucky-made product.”
According to data recently made available by the U.S. Census Bureau, Foreign Trade Division and WISERTrade, Canada once again led the way as Kentucky’s top export destination, with over $9.3 billion in products. The United Kingdom (more than $4.9 billion), France (over $4.7 billion), China (more than $4.3 billion) and Mexico (over $4.1 billion) remain in the top five destinations for Kentucky-made products. Other top trade partners included Brazil, Netherlands, Malaysia, Germany and Singapore.
Aerospace products and parts remained Kentucky’s top export in 2024. The industry shipped more than $18.9 billion in products out of the United States, representing a nearly 41.8% increase over the previous year.
Motor vehicles and pharmaceuticals/medicines remain among Kentucky’s leading exports. Motor vehicles saw $4.4 billion in products distributed and an 18% increase over the previous year, while $3.7 billion worth of pharmaceuticals were shipped globally. Motor vehicle parts (nearly $2 billion) and engines, turbines and power transmission equipment (over $1.7 billion) round out the top five products categories shipped from the commonwealth.
For more information on Kentucky exports, visit kyexports.com.
Information on Kentucky’s economic development efforts and programs is available at CED.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.