State trade fact sheets - Arkansas
- 47 Canadian-owned businesses employ 4,293 workers in Arkansas
- Canada is the #1 customer for most states,
- Over 76% of U.S. imports from Canada are goods that are used in the production of other goods
- Arkansas exported $222 million in agricultural goods to Canada in 2020
Lanxess Southern Brine Plant Photo: Standard Lithium
Cutting Edge Technology Powers the Future of Lithium Extraction
In 2020, Vancouver-based Standard Lithium, an innovative technology and lithium development company, broke ground on a flagship project in the prolific and productive Smackover brine region of southern Arkansas. The first-of-its-kind in the world Direct Lithium Extraction plant is installed at the Company’s project partner LANXESS’ South Plant facility near El Dorado, Arkansas. The direct extraction process, known as “LiSTR”has the potential to vastly reduce the recovery time of extracting lithium from brine to just several hours from as long as a year for conventional evaporation pond processing. The process may also prove to be much more environmentally friendly with a significantly smaller footprint as compared to the conventional evaporation pond processes. Standard Lithium’s cutting-edge investment will benefit the community, the region and the state of Arkansas.
Timber! Structurlam to Build Wal-Mart Campus Facilities with Arkansas Lumber
British Columbia-based Structurlam Mass Timber Corporation, the leading mass timber manufacturer in North America, is expanding its operations into the United States, with a plant in Conway, set to open in mid-2021. The Canadian-based company, in which Walmart has made an investment, will spend $90 million to purchase, retrofit and equip a former steel plant and create 130 new jobs, and will source softwood lumber from Arkansas-grown Southern Pine trees. Wal-Mart, the world’s largest retailer, plans to use more than 1.1 million cubic feet of Arkansas-grown and Arkansas-produced mass timber in its new Home Office campus in Bentonville, Arkansas, making it the largest campus project in the U.S. using mass timber.
Canada and the U.S.: There for Each Other
In 2020, Canada and the U.S. again worked together as the COVID-19 pandemic took hold across the world. Canada and the U.S. preserved supply chains across the border, deeming trucking essential. Canada and the U.S. traded important inputs for the production of personal protective equipment and medical equipment, maintaining a thriving bilateral trade in finished goods. Soon after the outbreak, the Canadian Institutes of Health Research began awarding grants to joint research projects proposed by Canadian and U.S. institutions to try and find an end to the virus.
No matter our shared challenges and as we have done in times of crisis, Canada and the U.S. will continue to support one another as friends, partners and allies.
Arkansas exports $1.1 billion in goods to Canada annually
Arkansas exports to Canada by industry
- Agriculture: 19%
- Chemicals: 9%
- Equipment & machinery: 26%
- Forest products: 7%
- Minerals & metals: 13%
- Plastics & rubbers: 9%
- Transportation: 14%
- Other: 3%
Arkansas imports $757 million in goods from Canada annually
Arkansas imports from Canada by industry
- Agriculture: 12%
- Chemicals: 8%
- Equipment & machinery: 23%
- Forest products: 6%
- Minerals & metals: 28%
- Plastics & rubbers: 6%
- Transportation: 3%
- Other: 14%
Top Arkansas goods exports to Canada
- Plastics & plastic articles: $94 million
- Cereals: $79 million
- Iron & steel tubes, pipes & sheets: $74 million
- Motor vehicle parts: $72 million
- Paper & paperboard: $62 million
- Railway trains & rolling stock: $60 million
- Heating, cooling & refrigeration equipment: $44 million
- Electric motors & generators: $41 million
- Perfumes, essential oils & toiletries: $33 million
- Meat, fish & seafood preparations: $32 million
Top Arkansas goods imports from Canada
- Aluminum & aluminum articles: $123 million
- Zinc & zinc articles: $41 million
- Plastics & plastic articles: $40 million
- Inorganic chemicals: $32 million
- Electric motors & generators: $26 million
- Beverages & alcohol: $25 million
- Agricultural machinery: $23 million
- Paper & paperboard: $23 million
- Iron & steel alloys & semi-finished products: $20 million
- Heating, cooling & refrigeration equipment: $17 million
Arkansas exports $161 million in services to Canada annually
Top Arkansas services exports to Canada
- Travel Services: $62 million
- Business & Professional Services: $40 million
- Financial Services: $20 million
- Royalties: $13 million
- Equipment Installation & Maintenance: $11 million
For more information on Arkansasâ€™ trade with Canada, please contact our trade team in Dallas.
- Unless otherwise mentioned, all figures are based on 2020 data in U.S. dollars.
- U.S. Census Bureau: goods trade, Canadaâ€™s export ranking (2/2021 release).
- The Trade Partnership: 2019 services exports (estimated, 2/2021 release).
- Dun + Bradstreet: Canadian-owned businesses (3/2021 release).
- Figures may not add up due to rounding.
- Date Modified: