Alabama exports primed for rebound in 2021 after pandemic challenges
By Jerry Underwood February 15, 2021
The Port of Mobile, Alabama’s only deepwater port, moves about 54 million tons of cargo per year. It s a key component of the state s logistics infrastructure. (APM Terminals)
In an unparalleled and unpredictable year of 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 to new government trade figures.
At the same time, a number of Alabama’s export categories experienced growth in 2020. Additionally, in spite of the global downturn, Alabama’s export total last year is more than 10% higher than the figure for 2010.