Alaska's export market: Alaska Trends, an outline of significant statewide statistics, is provided by the University of Alaska Center for Economic Development.

AuthorAinsworth, Joel
PositionAlaska Trends

Asian markets continue to dominate Alaska's foreign trade, averaging 69.1 percent of the market share since 2006. Over the past four years, the Chinese appetite for Alaska commodities has grown, surpassing South Korea for second largest receiver of Alaska exports. In 2006, China represented 11.6 percent of Alaska's export market by 2009, it accounted for approximately 20 percent.

The chart illustrates the proportional market share of Alaska's top 10 export countries for 2009. The statistics for U.S. exports are gathered and published by the U.S. Census Bureau. Rather than being collected through surveys, exporters are required under U.S. law to submit their trade data electronically, making it unique in U.S. Census data-collection methods.

In 2009, Alaska accounted for 0.3 percent of total U.S. exports; the primary export commodities are seafood, minerals, energy, precious metals and forest products. While natural resources have traditionally dominated Alaska's export market, there have recently been gains in other sectors, such as electronic integrated circuitry. Valued at under $1 million in 2006, integrated circuitry exports jumped to $20 million by 2009, accounting for a 0.6 percent share of Alaska's total exports.

ALASKA TRENDS Indicator Units Period GENERAL Personal Income--Alaska US$ 1st Q10 Personal Income--United States US$ 1st Q10 Consumer Prices--Anchorage 1982-1984 = 100 2nd H09 Consumer Prices--United States 1982-1984 = 100 2nd H09 Bankruptcies Alaska Total Number Filed June Anchorage Total Number Filed June FairbanksTotal Number Filed June EMPLOYMENT Alaska Thousands June Anchorage & Mat-Su Thousands June Fairbanks Thousands June Southeast Thousands June Gulf Coast Thousands June Sectoral Distribution--Alaska Total Nonfarm Thousands June Goods Producing Thousands June Services Providing Thousands June Mining and Logging Thousands June Mining Thousands June Oil & Gas Thousands June Construction Thousands June Manufacturing Thousands June Seafood Processing Thousands June Trade/Transportation/Utilities Thousands June WholesaleTrade Thousands June Retail Trade Thousands June Food & Beverage Stores Thousands June General Merchandise Stores Thousands June Trans/Warehouse/Utilities Thousands June Air Transportation Thousands June Truck Transportation Thousands June Information Thousands June Telecommunications Thousands June Financial Activities Thousands June Professional & Business Svcs Thousands June Educational & Health Services...

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