Tuskegee University, Alabama exporters claim ‘Trade Excellence Awards’
MONTGOMERY, Alabama — Governor Kay Ivey today recognized six Alabama companies for success in selling their goods and services in markets across the globe, helping to sustain robust export activities that create jobs and spark economic growth across the state. In addition, Governor Ivey presented Tuskegee University with a 2023 Governor’s Trade Excellence Award for…
Rising Alabama exports put 2022 on course for record year
Alabama exports are bouncing back from global trade frictions and disruptions caused by the COVID-19 pandemic, which combined to interrupt years of momentum that lifted overseas shipments of Alabama-made goods. While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure…
Motor vehicles power growth for Alabama’s export machine
Alabama-built vehicles are blazing a trail in the global economy, ranking as the state’s top export product and serving as a brand ambassador that landed in 73 foreign countries in 2021. More than $7.7 billion in Alabama vehicle exports were recorded in 2021, topping the total from pre-pandemic 2019 by over $1 billion, according to…
Governor Ivey honors 7 Alabama companies for exporting success
MONTGOMERY, Alabama — Governor Kay Ivey today recognized seven Alabama companies for success in selling their goods and services in markets across the globe, helping to sustain robust export activities that create jobs and spark economic growth across the state. In addition, Governor Ivey recognized William Cummins, executive state director of the Alabama Small Business…
Alabama exports regain momentum with 22% increase in 2021
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Alabama’s exports in 2021 surged more than 20% in value compared to the previous year, surpassing pre-pandemic levels and indicating the underlying resilience of the state’s economy. New federal government figures show that Alabama’s exports of goods and services totaled nearly $20.9 billion last year, above…
Commerce taps Christina Stimpson to lead international trade efforts
MONTGOMERY, Alabama — The Alabama Department of Commerce announced today that Christina Stimpson, an international business professional with experience in export promotion, foreign direct investment strategy and business recruitment, will take the helm of the department’s Office of International Trade later this month. Stimpson comes to Commerce from the Mobile Area Chamber of Commerce, where…
Commerce’s Lockhart retires after 24 years of helping Alabama firms go global
MONTGOMERY, Alabama — Hilda Lockhart, the international business expert who helped countless Alabama companies explore new markets and opportunities in every corner of the globe, is retiring from her position at the Alabama Department of Commerce. For the past 24 years, Lockhart has served as director of Commerce’s Office of International Trade, which is responsible…
Alabama exports primed for rebound in 2021 after pandemic challenges
In an unparalleled and unpredictable year of turbulence in global trade, Alabama’s exports of goods and services in 2020 totaled $17.13 billion. Reflecting the declines in export volumes recorded by nearly all states as well as the nation, Alabama’s total exports registered an overall decline of 17.6% in 2020 compared to the prior year, according…
Amid trade friction, Alabama exports approach record total in 2018
Despite global trade tensions, the value of Alabama exports topped $21 billion in 2018 on increased shipments of chemicals, paper products and aerospace parts to overseas markets, figures from the U.S. Commerce Department indicate. Still, U.S. trade disputes with China and other countries that are Alabama’s top export destinations took a toll on shipments from…
Commerce wins President’s ‘E’ Award for supporting Alabama exports
WASHINGTON, D.C. – U.S. Secretary of Commerce Wilbur Ross today presented the Alabama Department of Commerce with the President’s “E” Award for Export Service, the highest recognition an organization can receive for contributing to the expansion of U.S. exports. At a ceremony in the nation’s capital, Secretary Ross said the Alabama Department of Commerce has…