A new annual record for Alabama export was set in 2023. Germany was the top destination for export with $5.1 billion – up with 17%. Overall, transportation equipment, which include motor vehicles, auto parts, ships and aerospace products, remained Alabama’s No. 1 export category. |
Governor Kay Ivey announced last month that Alabama companies exported goods and services worth over $27.4 billion in 2023, setting a new annual record for the second consecutive year and underscoring the resilience of the state’s economy. The value of last year’s exports rose 6% from the previous year’s total of $25.5 billion, according to data from the Alabama Department of Commerce. Compared to 2020, when international trade was disrupted by the pandemic, the value of Alabama’s exports has jumped almost 43%. Last year’s record export activity was driven by rising overseas shipments of Alabama-made vehicles, aerospace parts, minerals and metals, Commerce data indicate. “Exporting acts as a fundamental economic pillar that supports growth in Alabama, sparking both new investment and job creation here at home,” Governor Ivey said. Read Made in Alabama’s Report |