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Thursday, October 3, 2024

Memphis metro lag behind Charlotte-Concord-Gastonia in 2019

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The Memphis metro area exported $13.8 billion in 2019, less than exports from Charlotte-Concord-Gastonia in 2019, according to the International Trade Administration.

A study from the Brookings Institute found competition between areas within the United States increases exports, which in turn generates stronger sales and more jobs for American workers.

The Memphis metro area consists of eight counties.

The Charlotte-Concord-Gastonia metro area comprises 10 counties exporting $13.9 billion in 2019.

The metro area with the most exports was Houston-The Woodlands-Sugar Land with $129.7 billion exported.

The following table shows the value of total exports for other metros with export totals similar to Memphis.

Metro AreaTotal exported (in billions)Difference from Some-Other-Metro (in billions)
Phoenix-Mesa-Scottsdale, AZ$15.14$1.38
Greenville-Anderson-Mauldin, SC$14.51$0.76
Charlotte-Concord-Gastonia, NC-SC$13.86$0.11
Memphis, TN-MS-AR$13.75--
Washington-Arlington-Alexandria, DC-VA-MD-WV$13.44-$0.31
Salt Lake City, UT$13.27-$0.48
Austin-Round Rock, TX$12.51-$1.24

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