Washington Business Summer 2018 | Washington Business | Page 50

business backgrounder | economy The Roots of Washington’s Economy International trade fuels Washington’s economy. Andrew Lenderman Washington manufacturers and producers exported $77 billion in goods last year. About 90 percent of Washington’s wheat crop is exported to other countries, including several Asian markets. This wheat touches many Washington products and suppliers as it travels from the field to the Pacific Ocean. At A Glance Washington’s successful trade economy has been built over the course of generations, with careful work to build relationships with partners. An estimated 40 percent of Washington jobs are connected in some way to international trade. Washington exports totaled $77 billion last year. Just about everything you need to know about Washington trade starts with a tiny wheat plant in Whitman County, on Alex McGregor’s farm. Right now, it’s turning from bright green to late summer gold in the Eastern Washington sun. Pretty soon most of the Palouse will be covered with a strong summer crop, waving gently in the breeze. This fall, these hills will likely produce more than $2 billion worth of wheat and closely-related crops. Almost all of it will go international trading partners on nearly every continent. This quiet power is a big contrast to the other Washington, where the political class talks tariffs, China and Mexico. It’s an understatement to say the trade debate has the Evergreen State’s producers a little bit concerned. Forty percent of all jobs in the state are tied to trade. Our exports added up to $77 billion last year. It’s a big deal. “In the Pacific Northwest, we have always been extraordinarily trade dependent,” McGregor says. 50 association of washington business