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Thayer Consulting 2016 All Rights Reserved Import Forum: Maine International Trade Center Joe Burnett, Thayer Consulting University of Southern Maine October 13, 2016

Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

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Page 1: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Import Forum: Maine International Trade Center

Joe Burnett, Thayer Consulting University of Southern Maine

October 13, 2016

Page 2: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Value of goods imported to US from world, USD

0

500

1,000

1,500

2,000

2,500

ANNUAL 2008 ANNUAL 2009 ANNUAL 2010 ANNUAL 2011 ANNUAL 2012 ANNUAL 2013 ANNUAL 2014 ANNUAL 2015

Billi

ons

Page 3: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Volume of US imports and overall economic output trends

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

0

500

1,000

1,500

2,000

2,500

2008 2009 2010 2011 2012 2013 2014 2015

Billi

ons

Value of goods imported to US from world (2008 - 2015) US GDP, $ billions

Page 4: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Value of goods imported to Maine from world (2008 - 2015)

0

1

2

3

4

5

6

ANNUAL 2008 ANNUAL 2009 ANNUAL 2010 ANNUAL 2011 ANNUAL 2012 ANNUAL 2013 ANNUAL 2014 ANNUAL 2015

Billi

ons

Page 5: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Value of goods imported to Maine from world vs. economic output (2008 - 2015)

49000

49500

50000

50500

51000

51500

0

1,000

2,000

3,000

4,000

5,000

6,000

2008 2009 2010 2011 2012 2013 2014 2015

Mill

ions

Value of goods imported to Maine from world (2008 - 2015) Maine Real Total GDP, millions $, annual

Page 6: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Imports to Maine by partner country, US dollar value

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2008 2009 2010 2011 2012 2013 2014 2015

Mill

ions

Canada China Germany Denmark Netherlands Italy

Belgium Thailand Vietnam United Kingdom Vietnam Mexico

Japan Bangladesh Philippines Russia Indonesia Malaysia

Page 7: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Imports to Maine by partner country (less Canada), US dollar value

0

500

1,000

1,500

2,000

2,500

2008 2009 2010 2011 2012 2013 2014 2015

Mill

ions

China Germany Denmark Netherlands Italy Belgium

Thailand Vietnam United Kingdom Vietnam Mexico Japan

Bangladesh Philippines Russia Indonesia Malaysia

Page 8: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

ME imports, by type, US dollar value

0

500

1,000

1,500

2,000

2,500

3,000

2008 2009 2010 2011 2012 2013 2014 2015

Mill

ions

Electrical energy Footwear Chemical woodpulp, soda/sulfite

Semiconductor devices Petroleum gases Oil

Crustcns Exports of imports; imports of exports Chemical woodpulp, not dissolving grades

Wood

Page 9: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

ME imports, by type (non-energy), US dollar value

0

100

200

300

400

500

600

700

800

900

1,000

2008 2009 2010 2011 2012 2013 2014 2015

Mill

ions

Footwear Chemical woodpulp, soda/sulfite Semiconductor devices

Crustcns Exports of imports; imports of exports Chemical woodpulp, not dissolving grades

Wood

Page 10: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 11: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Macro summary

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2008 2009 2010 2011 2012 2013 2014 2015

Mill

ions

ME imports, by sector, US dollar value

Non-energy imports Energy imports

0

500

1,000

1,500

2,000

2,500

Canada China United Kingdom

Germany Vietnam

Mill

ions

Top 5 largest ME import countries, 2015

Page 12: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 13: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 14: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

1st Tier: PERSONAL NETWORK.

2nd Tier: AGENT NETWORK

3rd Tier: INTERNET NETWORK

PR

EF

ER

EN

CE

/ P

RIO

RIT

Y

BR

EA

DT

H /

RE

AC

H

high low

high low

THAYER SOURCING PYRAMID

Thayer Sourcing Pyramid. Copyright 2016. Thayer Consulting

Page 15: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 16: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 17: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Leverage and enforcement

YOUR BRAND

Page 18: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 19: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 20: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

2006

Page 21: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

2008

Page 22: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 23: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Page 24: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

Shit happens

Page 25: Import Forum: Maine International Trade Center · Thayer Consulting 2016 All Rights Reserved Volume of US imports and overall economic output trends 0 2000 . 4000 . 6000 . 8000

Thayer Consulting 2016 All Rights Reserved

THANK YOU

QUESTIONS?