SANPETE COUNTY — In the last five years, a new business has exploded in Utah. The Beehive State is exporting enormous amounts of hay to China and raking in tens of millions of dollars a year in the process. A number of questions have arisen from the boon.
What are the main exports of Utah?
Made-in-America Manufacturing Exports from Utah and Jobs
Other top manufacturing exports are computer & electronic products ($1.6 billion), chemicals ($1.2 billion), food & kindred products ($1 billion), and transportation equipment ($884 million).
Does Utah export hay to China?
Observation 5: The percentage (by value) of Utah’s hay that was sold to China was 19% in 2020. Using the previous answer, note that 19%/29% = 66% of Utah’s 2020 hay exports went to China.
Which state exports the most to China?
Leading U.S. states exporting to China 2020, based on total value of goods exports. In 2020, Texas was the leading state in terms of value of exported goods to China. Goods worth approximately 16.9 billion U.S. dollars were exported from Texas to China in 2020.
What is Utah’s biggest import?
Below are Utah’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2020.
- Gold (unwrought): $3 billion (19% of Utah’s total imports)
- Silver, unwrought: $701 million (4.5%)
- Artificial joints, parts, accessories: $563 million (3.6%)
What is Utah’s biggest industry?
Utah’s Top Industries
- Aerospace and Defense- The U.S. Commercial Service is committed to helping your company reach new heights with their up to date market research in a rapidly changing market.
- Health Technology-
- IT-
- Sporting Goods-
- Natural Products-
- Renewable Resources-
- Travel and Tourism-
Is Utah a rich state?
For the 15th year in a row, Utah has again been ranked top of the U.S. for its economic forecast. As it has for the last 14 years, Utah is again the No. 1 state in the nation for its economic outlook, according to the American Legislative Exchange Council’s new “Rich States, Poor States” report released Monday.
Does the US ship hay to China?
U.S. alfalfa exports to China continue to climb, reaching 1.29 million metric tons (worth $417 million) in 2016. China is by far the largest foreign market for U.S. alfalfa hay, accounting for nearly half of the total U.S. exports in 2016.
Who produces the most hay in the world?
US Leads. The United States is the leading hay export country, followed by Australia, Spain, Canada and Italy (Figure 4).
Does China grow alfalfa?
China’s rapid transition toward larger-scale commercial dairy production, with enhanced feed and cost management as well as quality and safety control, and its limited resources for high-quality alfalfa production are key factors for the dramatic increase in its alfalfa imports, from 19 601 metric tons in 2008 to 1.38
Who is China’s biggest customer?
United States
China is the largest trading partner of many countries. The following tables are based on 2016 data as shown on the CIA World Factbook.
List of largest trading partners of China.
| Rank | 1 |
|---|---|
| Country / Territory | United States |
| Total trade | 583.3 |
| China exports | 429.7 |
| China imports | 153.9 |
What is the #1 export from the U.S. to China?
Exports to China benefit nearly all US states and industries. China was a top-five goods export destination for 45 states in 2020. The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles.
What does the U.S. depend on China for?
U.S. direct investment in China is led by manufacturing, wholesale trade, and finance and insurance. China’s FDI in the United States (stock) was $38.0 billion in 2020, down 4.2 percent from 2019. China’s reported direct investment in the U.S. is led by wholesale trade, manufacturing, and information services.
What does Utah sell to the UK?
Top exports from Utah to the UK 2019
| Top Utah goods exports to the UK | US$ |
|---|---|
| Nonferrous metal products | $8.5 billion |
| Plastics products | $26 million |
| Aerospace products and parts | $25 million |
| Navigational and measurement instruments | $24 million |
What is Utah known for?
The state is known for its skiing, with the mountains near Salt Lake City collecting an average of 500 inches of snow per year, as well as for the Sundance Film Festival, one of the world’s premiere independent film festivals, staged each January in Park City.
What are some special products made in Utah?
- Amano Chocolate. Chocolate, candy and snacks Vegan premium dark chocolates.
- Amour Spreads. Honey, jams and jellies.
- Apple Beer. Gourmet soda produced in Utah for more than 50 years.
- Aspen Mills Bread Co.
- Aunty’s Jams.
- Beartooth Bites.
- Beehive Cheese Co.
- Big Daddy Hill’s BBQ Sauce.
Why is Utah so wealthy?
According to the Bureau of Economic Analysis the gross stated product of Utah in 2021 was 220 billion. The per capita personal income was $52,204 in 2020. Major industries of Utah include: coal mining, cattle ranching, salt production, and government services.
What is the highest paying job in Utah?
Detailed List Of Highest Paying Jobs In Utah
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Owner/operator | $179,484 |
| 2 | Consultant And Sales Representative | $164,289 |
| 3 | Vice President Of Operations And Engineering | $152,366 |
| 4 | Vice President, Product Management | $145,763 |
What is the most common job in Utah?
Detailed List Of The Most Common Jobs In Salt Lake City, UT
| Rank | Job Title | Count |
|---|---|---|
| 1 | Customer Service Representative | 5,175 |
| 2 | Cashier | 3,022 |
| 3 | Driver | 2,171 |
| 4 | Truck Driver | 1,813 |
How many billionaires are in the Utah?
Billionaires are ranked by net worth as of March 31. Forbes lists 6 billionaires in Utah.
Which is poorest state in USA?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).