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 kfalls@georgia.org

Kathy Oxford Senior International Trade Manager koxford@georgia.org Specialty: Life Sciences Regions: Southern and coastal GA

Taube Ponce Senior International Trade Manager tponce@georgia.org Specialty: Chemicals, Defense & Aerospace Region: Metro Atlanta

Alice Carson Senior International Trade Manager acarson@georgia.org Specialty: Building products & Mining Regions: Northwest and central GA

Ryan Thornton Senior International Trade Manager rthornton@georgia.org Specialty: Information and communication technology Regions: Northeast and central east GA

Dawn Townsend Senior International Trade Manager dtownsend@georgia.org Specialty: Environmental Regions: Central west GA

Jonathan Lupo Special Projects & Trade Policy Coordinator jlupo@georgia.org

Holly Skorich International Trade Manager hskorich@georgia.org Specialty: Agribusiness Regions: South/middle GA

Shehzin Jafar International Trade Manager sjafar@georgia.org Specialty: Agriculture Region: Southwest GA

Danielle Pascual Trade Promotions Coordinator dpascual@georgia.org

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