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TRENDS IN INTERNATIONAL TRADE IN THE SOUTHEASTERN U.S.
KATHE FALLS
DIVISION DIRECTOR, INTERNATIONAL TRADE, GDECD
October 2013
GEORGIA INTERNATIONAL SNAPSHOT
Home to 70+ International Governments • 25 Career Consulates • 52 Honorary Consulates • 12+ Trade and Investment Agencies
World-Class Infrastructure • World’s busiest and most efficient passenger airport • U.S.’s fourth largest and fastest-growing deep-water port • Extensive surface transportation network 3,000 internationally-owned business operations from 60 countries
WHY EXPORT?
Benefits for Communities • More jobs: twice as many as domestic trade • Employees make higher wages (13-18%) • Companies grow faster (20%) • Companies are less likely to go out of
business (9%)
Benefits for Businesses • Increase sales: lower production costs • Lower costs: increased profits • Diverse markets: reduce risks • New markets: expand product life cycle • Competitive awareness: new global market
intelligence • Staff: diversifies management experience
2012 RECORD YEAR FOR GEORGIA EXPORTS $35.9 BILLION
0
5
10
15
20
25
30
35
40
2007 2008 2009 2010 2011 2012
Billi
ons
• 12th leading exporting state
• 62% of Georgia’s exports were to countries covered
by GDEcD’S International Reps
• Georgia firms exported to 233 countries and
territories
• #1 Exporter of the following:
o Poultry
o Chemical wood pulp
o Cotton
o Kraft paper and
paperboard
o Carpet
o Kaolin
o Peanuts
2012 BANNER YEAR FOR GEORGIA IMPORTS $72.4 BILLION
• 9th leading importing state
• 80% of Georgia’s imports are from
countries covered by GDEcD’s
International Reps
• Imported goods from 207 countries
and territories
0
10
20
30
40
50
60
70
80
2008 2009 2010 2011 2012
Billi
ons
SOUTHEASTERN UNITED STATES (SEUS)
Alabama Georgia Florida
Mississippi North Carolina South Carolina
Tennessee
2012 EXPORTS BY INDIVIDUAL STATE
2012 Ranking State Total Exports 2012 % Change from 2011
6 Florida 66,201,800,100
↑1.96
12 Georgia 36,067,246,541
↑3.73
14 Tennessee 31,139,656,598
↑3.84
15 North Carolina 28,832,674,500
↑6.76
17 South Carolina 25,110,306,961
↑1.69
21 Alabama 19,572,398,339
↑9.46
30 Mississippi 11,786,805,196
↑7.82
5 YEAR EXPORT ANALYSIS
0
200,000,000,000
400,000,000,000
600,000,000,000
800,000,000,000
1,000,000,000,000
1,200,000,000,000
1,400,000,000,000
1,600,000,000,000
1,800,000,000,000
2008 2009 2010 2011 2012
● U.S. Exports ● SEUS Exports
The SEUS region accounted for 14% of all U.S. exports in 2012.
SEUS TOP EXPORT MARKETS, 5 YEAR COMPARISON Market 5 Year Total % Change ‘08-’12
World $929,331,363,255 26% Canada $151,487,921,221 28% Mexico $64,881,134,100 38% China $59,230,134,242 98%
Germany $51,500,272,067 -14% Brazil $41,659,419,663 13%
Switzerland $32,820,885,150 16% Japan $29,897,794,871 -6%
United Kingdom $28,810,818,655 231% Venezuela $23,380,081,819 24% Colombia $20,456,249,607 -5%
SEUS TOP EXPORTS 2008 2009 2010 2011 2012
Computer Equipment
6.2%
Pharmaceuticals & Medicine
6.4%
Computer Equipment
5.5%
Motor Vehicles 6.0%
Motor Vehicles 9.6%
Motor Vehicles 5.7%
Computer Equipment
6.1%
Motor Vehicles 5.3%
Computer Equipment
5.1%
Aerospace Products & Parts
6.8%
Pharmaceuticals & Medicine
4.4%
Motor Vehicles 4.9%
Pharmaceuticals & Medicine
5.0%
Motor Vehicle Parts 4.7%
Basic Chemicals 4.4%
Motor Vehicle Parts 4.2%
Aerospace Products & Parts
4.5%
Motor Vehicle Parts 4.4%
Pharmaceuticals & Medicine
4.1%
Nonferrous Metal 4.3%
Basic Chemicals 4.0%
Basic Chemicals 3.9%
Basic Chemicals 4.1%
Aerospace Products & Parts
3.9%
Computer Equipment
4.3%
2012 IMPORTS BY INDIVIDUAL STATE
2012 Ranking State Total Imports 2012 % Change from 2011
9 Georgia 72,452,332,472
↑7.70
10 Florida 71,216,128,374 ↑8.99
12 Tennessee 61,481,946,071 ↑11.35
13 North Carolina 49,561,951,141 ↑3.53
16 South Carolina 35,566,657,807 ↑5.09
25 Mississippi 20,666,098,036 ↑0.96
27 Alabama 18,338,290,404 ↑5.14
5 YEAR IMPORT ANALYSIS
0
500,000,000,000
1,000,000,000,000
1,500,000,000,000
2,000,000,000,000
2,500,000,000,000
2008 2009 2010 2011 2012
● U.S. Imports ● SEUS Imports
The SEUS region accounted for 14.5% of all U.S. imports in 2012.
SEUS TOP IMPORT MARKETS, 5 YEAR COMPARISON Market 5 Year Total % Change ‘08-’12
World $1,396,331,342,611 19%
China $290,837,487,398 30%
Mexico $121,710,442,251 23%
Germany $119,344,711,951 35%
Canada $107,439,911,664 -19%
Japan $86,502,498,768 72%
United Kingdom $51,519,829,926 -24%
France $45,098,563,395 -5%
Korea, South $43,880,658,241 101%
Brazil $33,235,587,516 72%
Italy $27,071,170,950 15%
SEUS TOP IMPORTS 2008 2009 2010 2011 2012
Computer Equipment 7.0%
Pharmaceuticals & Medicine
8.7%
Pharmaceuticals & Medicine
7.1%
Motor Vehicle Parts 5.9%
Motor Vehicle Parts 6.7%
Oil & Gas 6.3%
Computer Equipment 6.7%
Computer Equipment
6.0%
Pharmaceuticals & Medicine
5.7%
Motor Vehicles 5.7%
Pharmaceuticals & Medicine
6.1%
Apparel 5.4%
Motor Vehicle Parts 5.4%
Computer Equipment
5.7%
Computer Equipment 4.9%
Motor Vehicle Parts 5.2%
Oil & Gas 5.0%
Apparel 5.0%
Apparel 4.8%
Pharmaceuticals & Medicine
4.7%
Apparel 4.8%
Motor Vehicle Parts 4.6%
Oil & Gas 4.5%
Oil & Gas 4.7%
Apparel 4.5%
• Incoming Agricultural Delegation from Mexico, October 2013, Atlanta, GA
• SEUS-Japan November 2013, Biloxi, MS • MEDICA November 2013, Düsseldorf,
Germany *SOLD OUT • Domotex January 2014, Hannover,
Germany • Arab Health January 2014, Dubai, UAE • Gulfood February 2014, Dubai, UAE
UPCOMING EVENTS
• Trade Mission to Mobile World Congress February 2014, Barcelona, Spain
• Trade Mission to Israel March 2014, Tel Aviv, Israel
• Globe and Trade Mission to Canada March 2014, Vancouver, Canada
• Expomin April 2014, Santiago, Chile • Expo Seguridad April 2014, Mexico
City, Mexico
GEORGIA’S INTERNATIONAL TRADE TEAM Helping keep Georgia globally competitive by assisting exporters Georgia.org/trade 404-962-4122
Kathe Falls Division Director [email protected]
Kathy Oxford Senior International Trade Manager [email protected] Specialty: Life Sciences Regions: Southern and coastal GA
Taube Ponce Senior International Trade Manager [email protected] Specialty: Chemicals, Defense & Aerospace Region: Metro Atlanta
Alice Carson Senior International Trade Manager [email protected] Specialty: Building products & Mining Regions: Northwest and central GA
Ryan Thornton Senior International Trade Manager [email protected] Specialty: Information and communication technology Regions: Northeast and central east GA
Dawn Townsend Senior International Trade Manager [email protected] Specialty: Environmental Regions: Central west GA
Jonathan Lupo Special Projects & Trade Policy Coordinator [email protected]
Holly Skorich International Trade Manager [email protected] Specialty: Agribusiness Regions: South/middle GA
Shehzin Jafar International Trade Manager [email protected] Specialty: Agriculture Region: Southwest GA
Danielle Pascual Trade Promotions Coordinator [email protected]
