Number of the Day: $32 billion

March 4, 2011 | Number of The Day

New Jersey’s exports to the rest of the world rebounded in 2010 to $32 billion, up from $27 billion during the trough of the recession, according to the U.S. Department of Commerce.

Although still far below the high of $35.6 billion in 2008, the $32 billion value of New Jersey’s exports was still significantly higher than other years.

The state’s major export partners are Canada ($6.2 billion), the United Kingdom ($2.2 billion), South Korea ($1.6 billion), Mexico ($1.5 billion) and Japan ($1.4 billion). Among the products being exported are chemicals (which includes pharmaceuticals) at $7.8 billion or 24.4 percent; computers and electronics at $3.4 billion or 10.5 percent; primary metal manufacturing at $3 billion or 9.3 percent; and transportation at $2.7 billion or 8.4 percent.

New Jersey’s $32 billion compares favorably with its neighbors: Delaware ($4.9 billion) and more populous Pennsylvania ($34.8 billion) and New York ($67.6 billion).