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Nebraska’s Exports Strong, But Concentrated

By Nathan Kauffman and John McCoy
June 30, 2017

Nebraska’s export-based industries recently have been on solid footing, though exports are also highly concentrated among a few trading partners and one major industry. More than two-thirds of Nebraska’s exports are destined for just five countries; Mexico and Canada account for nearly half. Moreover, food exports have accounted for a large majority of Nebraska’s products sent overseas. The economies of Nebraska’s major trading partners have been relatively stable, and food exports recently have been on the rise. These factors should support Nebraska’s future exports, but increased diversification among destinations or products could also offer some protection against country-specific or industry-specific shocks.

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Speeches by Nathan Kauffman

For the latest Economic Outlook speeches by Nathan Kauffman, Omaha Branch Executive and Economist, please refer to regional research speeches