How To Rank The Import Industry In Georgia

Transcription

1 Georgia Global Trade Summary Data released February 5, 2015 For the fifth consecutive year, Georgia exports reached a record level. Georgia companies exported nearly $39.4 billion in goods and services to 227 countries and territories in, representing an increase of 4.9% over the previous year. Georgia remains the 11 th largest exporting state in the nation. Georgia imports also experienced a record level in with imports totaling nearly $83.7 billion in goods, an increase of 11.5% over In FY, GDEcD s International Trade division worked with approximately 1,100 companies in Georgia. Work with these companies resulted in 373 export deals valued at $86.2 million. During that time, GDEcD s international representatives provided significant assistance to 78 International Trade s key clients. Georgia Exports was the fifth consecutive record year for Georgia exports, and the total value of goods exported - nearly $39.4 billion - represents the most Georgia has ever exported in a single year. The state s exports of $39,365,292,410 were up 4.9% ($1.8 billion) from The state remains the 11 th largest exporting state based on dollar value of exports. Since the announcement of the National Export Initiative in January 2010, Georgia exports have grown from $28,898,749,200 (2010) to $39,365,292,410 (), an increase of 36.2%. Rank (2013 ranking, if different) Georgia s Top Export Markets Country 2013 World $39,365,292,140 $37,516,582, Canada 6,489,225,882 6,335,936, China 3,082,331,944 3,725,973, Mexico 2,977,795,598 2,583,326, United Kingdom 1,640,941,422 1,515,315, (6) Singapore 1,406,056,548 1,320,600, (7) Brazil 1,393,268,030 1,165,319, (5) Japan 1,373,586,587 1,474,071, Germany 1,333,742,642 1,094,485, South Korea 1,245,487, ,192, (11) Australia 864,243, ,534, Among Georgia s top 10 export destinations, the largest increases were to South Korea (54%), Germany (22%), Brazil (20%), Mexico (15%) and Australia (12%). Georgia s top 10 export countries accounted for 55 its total exports; the top five countries alone accounted for 39%. Georgia has international representation in eight of these top 10 markets. Georgia exports to countries covered by GDEcD International Representatives (Brazil, Canada, Chile, China, Colombia, Europe, Israel, Japan, South Korea, Mexico, and the United Kingdom & Ireland) totaled $24.1 billion, accounting for 61 Georgia s total exports. Over the past five years, the largest increases in exports from Georgia were to South Korea (98%), Singapore (77%), the UK (66%), Brazil (64%) and Mexico (53%).

2 Georgia Exports by Continent Australia/New Zealand (3%) Africa (4%) South America (7%) Europe (23%) North America, incl caribbean (29%) Asia (34%) Billions Georgia s Top Export Industries Georgia s top 10 industry sectors accounted for 72 the state s exports; Georgia s top five industry sectors alone accounted for 53%. Rank (2013 rank, if different) 2 Digit HS Code Description 2013 Note: Service sector export data is not available at the state l evel. All Commodity Chapters $39,365,292,140 $37,516,582, Aircraft/Spacecraft 7,051,037,977 6,507,037, Machinery 5,726,683,876 5,450,728, Vehicles/Not Railway 3,453,242,836 3,161,557, Electrical Machinery 2,730,361,246 2,476,603, (6) 48 Paper/Paperboard 1,854,972,431 1,755,402, (5) 47 Woodpulp/Etc. 1,836,673,406 1,803,347, Optic/Med Instr 1,689,596,758 1,685,963, (9) 02 Meat 1,318,558,521 1,297,121, (8) 39 Plastic 1,289,072,461 1,322,703, Misc. Chemical Products 1,287,676,369 1,067,753,

3 Georgia s Top 20 Exports by 4 Digit HS Code. Bolded items indicate where Georgia led the nation in the export of these items. Rank HS Code Description Civilian Aircraft, Engines, And Parts Motor Cars And Other Motor Vehicles Designed To Transport People (Other Than Public-Transport Type), Including Station Wagons And Racing Cars Chemical Woodpulp, Soda Or Sulfate, Other Than Dissolving Grades Meat And Edible Offal Of Poultry (Chickens, Ducks, Geese, Turkeys And Guineas), Fresh, Chilled Or Frozen Turbojets, Turbopropellers And Other Gas Turbines, And Parts Thereof Kraft Paper And Paperboard, Uncoated, Nesoi, In Rolls Or Sheets Instruments And Appliances Used In Medical, Surgical, Dental Or Veterinary Sciences (Including Electro-Medical And Sight-Testing); Parts Etc. Thereof Aircraft, Powered (For Example, Helicopters, Airplanes); Spacecraft (Including Satellites) And Spacecraft Launch Vehicles Insecticides, Rodenticides, Fungicides, Herbicides, Antisprouting Products Etc., Packaged For Retail Sale Or As Preparations Or Articles Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi- Diesel Engines) Cotton, Not Carded Or Combed Carpets And Other Textile Floor Coverings, Tufted, Whether Or Not Made-Up Kaolin And Other Kaolinic Clays, Whether Or Not Calcined Parts And Accessories For Tractors, Public-Transport Passenger Vehicles, Motor Cars, Goods Transport Motor Vehicles And Special Purpose Motor Vehicles Electric Generating Sets And Rotary Converters Chemical Woodpulp, Dissolving Grades Tractors (Other Than Works Trucks Of Heading 8709) Paper And Paperboard, Coated On One Or Both Sides With Kaolin (China Clay) Or Other Inorganic Substances (With No Other Coating), In Rolls Or Sheets Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers, Machines For Transcribing And Processing Coded Data, Nesoi Soybean Oilcake And Other Solid Residues Resulting From The Extraction Of Soy Bean Oil, Whether Or Not Ground Or In The Form Of Pellets

4 Georgia Imports Georgia companies imported more than $83.7 billion in goods in, ranking Georgia seventh among U.S. states and first in the Southeast in dollar value of imports. The state s imports of $83,743,097,447 were up 11.5% ($8.6 billion) from Georgia s Top Import Markets Rank (2013 ranking, if different) Country 2013 World $83,743,097,447 $75,059,677, China 18,645,033,956 17,625,598, Germany 17,227,838,159 13,343,476, South Korea 6,223,599,839 6,176,077, Mexico 6,071,619,977 5,303,046, (6) Canada 5,014,588,881 4,105,976, (5) Japan 4,348,485,852 4,469,518, United Kingdom 2,109,201,198 1,894,293, India 1,844,437,118 1,608,486, France 1,621,511,885 1,543,128, Italy 1,491,335,938 1,258,078, Georgia s top 10 import markets accounted for 77 its total imports; the top five countries accounted for 64%. Among Georgia s top importer countries, the largest increase was from Germany (29.1%). *Among U.S. states, Georgia ranked first in dollar value of imports from Germany, third in imports from South Korea, fourth in imports from Chile and fifth in imports from India. Georgia Imports by Continent Australia/New Zealand (.5%) Africa (.9%) South America (2%) North America, incl Caribbean (15%) Europe (35%) Asia (47%) Billions

5 Rank (2013 rank, if different) 2 Digit HS Code Georgia s Top Import Industries Description 2013 All Commodity Chapters $83,743,097,447 $75,059,677, Vehicles, Non Railway 18,135,909,626 14,942,839, Machinery 12,683,221,993 12,502,571, Electrical Machinery 8,707,768,282 8,375,348, Pharmaceutical Products 5,293,389,421 4,268,870, Furniture; Bedding 3,704,042,076 3,387,927, Optical, Photographic 2,814,042,095 2,770,136, (8) 61 Articles Of Apparel, Knitted Or Crocheted 2,655,436,126 2,217,942, (7) 39 Plastics 2,552,614,459 2,273,182, Special Classification Provisions, Nesoi 1,772,952,520 1,491,925, (13) 62 Articles Of Apparel And Clothing Accessories, Not Knitted Or Crocheted Note: Service sector export data is not available at the state level. 1,659,115,293 1,246,766, Georgia s top 10 import industries (two-digit HS code) accounted for 72 the state s total imports; the top five industries accounted for 58%. Georgia s Top 20 Imports by 4 Digit HS Code. Bolded items indicate where Georgia led the nation in the import of these items. Rank HS Code Description 1 Motor Cars And Other Motor Vehicles Designed To Transport People (Other 8703 Than Public-Transport Type), Including Station Wagons And Racing Cars 2 Medicaments (Except Vaccines Etc., Bandages Or Pharmaceuticals), Of 3004 Products (Mixed Or Not) For Therapeutic Etc. Uses, In Dosage Or Retail Sale Form 3 Parts And Accessories For Tractors, Public-Transport Passenger Vehicles, 8708 Motor Cars, Goods Transport Motor Vehicles And Special Purpose Motor Vehicles 4 Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical 8471 Readers, Machines For Transcribing And Processing Coded Data, Nesoi 5 Lamps And Lighting Fittings And Parts Thereof Nesoi; Illuminated Signs Etc With A Fixed Light Source And Parts Thereof Nesoi Turbojets, Turbopropellers And Other Gas Turbines, And Parts Thereof Television Receivers, Including Video Monitors And Video Projectors 8 Electrical Apparatus For Line Telephony Or Line Telegraphy, Including Such 8517 Apparatus For Carrier-Current Or Digital Line Systems; Parts Thereof 9 Self-Propelled Bulldozers, Angledozers, Graders, Levelers, Scrapers, Mechanical 8429 Shovels, Excavators, Shovel Loaders, Tamping Machines And Road Rollers Seats (Other Than Barber, Dental And Similar Chairs), Whether Or Not

6 Convertible Into Beds, And Parts Thereof 11 Furniture, Nesoi (Other Than Seats, Medical, Surgical, Dental Or Veterinary 9403 Furniture) And Parts Thereof New Pneumatic Tires, Of Rubber Toys Nesoi; Scale Models Etc.; Puzzles; Parts And Accessories Thereof Tractors (Other Than Works Trucks Of Heading 8709) 15 Insulated Wire, Cable And Other Insulated Electrical Conductors; Optical Fiber 8544 Cables, Of Individually Sheathed Fibers, With Conductors Etc. Or Not 16 Aircraft, Powered (For Example, Helicopters, Airplanes); Spacecraft (Including 8802 Satellites) And Spacecraft Launch Vehicles Parts Of Balloons, Dirigibles, Gliders, Airplanes, Other Aircraft, Spacecraft And Spacecraft Launch Vehicles Transmission Apparatus For Radiotelephony, Radiotelegraphy, Radiobroadcasting Or Tv; Tv Cameras; Still Image Video Cameras And Recrdrs;Digital Cameras Heterocyclic Compounds With Nitrogen Hetero-Atom(S) Only Babies' Garments And Clothing Accessories, Knitted Or Crocheted Georgia imports outpaced Georgia exports by approximately $44.4 billion.

7 Billions Rank (2013 ranking, if different) Georgia Trade Georgia Trade By Top Countries Country 2013 World $123,108,389,587 $112,576,260, China 21,727,365,900 21,351,572, Germany 18,561,580,801 14,437,961, Canada 11,503,814,763 10,441,912, Mexico 9,049,415,575 7,886,373, Korea, South 7,469,086,925 6,983,269, Japan 5,722,072,439 5,943,590, United Kingdom 3,750,142,620 3,409,608, India 2,278,850,998 2,138,388, France 2,142,926,458 2,029,656, (11) Brazil 2,130,969,091 1,783,030, Georgia top 10 countries accounted for 69 total trade; the top five alone accounted for 55 total trade. Georgia has international representation in nine of these top 10 markets. Georgia Trade by Continent

8 Rank (2013 rank, if different) 2 Digit HS Code Georgia s Top Export and Import Industry Sectors in Description 2013 All Commodity Chapters $123,108,389,587 $112,576,260, Vehicles, Other Than Railway 21,589,152,462 18,104,397, Machinery 18,409,905,869 17,953,299, Electrical Machinery 11,438,129,528 10,851,951, Aircraft, Spacecraft 8,481,795,426 7,554,935, Pharmaceutical Products 5,689,960,341 4,648,047, Optical, Photographic, 4,503,638,853 4,456,100, (8) 94 Furniture; Bedding, 3,890,915,019 3,548,245, (7) 39 Plastics And Articles Thereof 3,841,686,920 3,595,885, Articles Of Apparel And Clothing Accessories, Knitted Or Crocheted 2,690,282,764 2,271,676, Paper And Paperboard 2,439,115,177 2,262,176, These top 10 industry sectors accounted for 67 total trade; the top five alone accounted for 53%. Georgia s Top 20 Exports & Imports by 4 Digit HS Code. Bolded items indicate where Georgia led the nation in the export of these items. Rank 4 digit HS Code Description Motor Cars And Other Motor Vehicles Designed To Transport People (Other Than Public-Transport Type), Including Station Wagons And Racing Cars Civilian Aircraft, Engines, And Parts Medicaments (Except Vaccines Etc., Bandages Or Pharmaceuticals), Of Products (Mixed Or Not) For Therapeutic Etc. Uses, In Dosage Or Retail Sale Form Parts And Accessories For Tractors, Public-Transport Passenger Vehicles, Motor Cars, Goods Transport Motor Vehicles And Special Purpose Motor Vehicles Turbojets, Turbopropellers And Other Gas Turbines, And Parts Thereof Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers, Machines For Transcribing And Processing Coded Data, Nesoi Self-Propelled Bulldozers, Angledozers, Graders, Levelers, Scrapers, Mechanical Shovels, Excavators, Shovel Loaders, Tamping Machines And Road Rollers Electrical Apparatus For Line Telephony Or Line Telegraphy, Including Such Apparatus For Carrier-Current Or Digital Line Systems; Parts Thereof Aircraft, Powered (For Example, Helicopters, Airplanes); Spacecraft (Including Satellites) And Spacecraft Launch Vehicles Tractors (Other Than Works Trucks Of Heading 8709) Lamps And Lighting Fittings And Parts Thereof Nesoi; Illuminated Signs Etc. With A Fixed Light Source And Parts Thereof Nesoi Instruments And Appliances Used In Medical, Surgical, Dental Or Veterinary Sciences (Including Electro-Medical And Sight-Testing); Parts Etc. Thereof Chemical Woodpulp, Soda Or Sulfate, Other Than Dissolving Grades Television Receivers, Including Video Monitors And Video Projectors Meat And Edible Offal Of Poultry (Chickens, Ducks, Geese, Turkeys And Guineas), Fresh, Chilled Or Frozen New Pneumatic Tires, Of Rubber Insulated Wire, Cable And Other Insulated Electrical Conductors; Optical Fiber Cables,

9 Of Individually Sheathed Fibers, With Conductors Etc. Or Not Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines) Furniture, Nesoi (Other Than Seats, Medical, Surgical, Dental Or Veterinary Furniture) And Parts Thereof Seats (Other Than Barber, Dental And Similar Chairs), Whether Or Not Convertible Into Beds, And Parts Thereof