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NEWS
Strain Statement on Increase of Louisiana Exports
March 2, 2015
Baton Rouge, La. (March 2, 2015) — A recent report by the World Trade Center of New Orleans says Louisiana’s exports have increased by 2.76 percent in 2014 compared to 2013. Agricultural products showed an increase by 14.15 percent in 2014 compared to a decrease of 20.28 percent from the previous year. Oilseeds and grains made up the largest percentage of exports of agricultural products totaling $17.7 billion.
“An increase in exports shows an increase in demand for Louisiana and American products. One in three acres of grains produced in the United States are currently exported through Louisiana ports which supports our overall prices and economy by providing original dollars and a positive balance of trade in agriculture. The majority of agricultural products are exported from one of Louisiana’s five ports which is vital to our economy,” said Louisiana Department of Agriculture and Forestry Commissioner Mike Strain, D.V.M.
Strain added that in 2013, much of the grain stayed in the United States which is part of the reason agricultural exports were down.