Colorado, a land locked state with a relatively small manufacturing base, has traditionally been a weak exporter. According to the Metro Denver Economic Development Corporation's report Toward a More Competitive Colorado, the state's ranking in per capita export dollars was 47th, the fourth lowest in the U.S. in 2008 and down from a ranking of 33rd in 2000.
However there are some signs of improvement. The Denver Post recently wrote about a modest recovery in Colorado exports this year and Slate did a business feature profiling the challenges faced by the innovative "clean tech" air conditioning manufacturer Coolerado, based in Denver, that is exporting highly efficient cooling systems to the Middle East and around the world.
Given the weak U.S. economy and the economic growth occurring in developing countries, increasing exports of goods and services is a potential pathway to success for companies in Colorado.
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