Transcript 6-Year Trend of Georgia`s Agricultural Exports

AGRICULTURAL EXPORTS:
A WORLD OF OPPORTUNITIES
Georgia Agriculture Forecast | 2013
BENEFITS OF EXPORTING
Twice as many jobs!
 20% faster growth
 9% less likely to go out of business
 20% higher wages
 187,500+ jobs for Georgians
Companies often discover:
 Reduced risks!
 Extended product life cycles
 Increased profits
 Enhanced knowledge of global
competition and innovations
BETTER COMPANIES
HIGHER WAGES
MORE JOBS
2011 RECORD YEAR FOR GEORGIA EXPORTS
 $34.7 billion; 141% increase over the past 10 years.
 National Rankings; 12th leading exporting state:
Wood Pulp (#1)
Minerals/ores (#1)
Aluminum (#1)
Acrylic Polymers (#2)
Poultry (#1)
Pecans (#1)
Textile Floor Coverings (#1)
Paper & Paperboard (#2)
 Overall Top Markets: Canada, China, Mexico, Singapore,
Japan, Germany.
 Top Ag Markets: Canada (17%), Hong Kong (11%),
Mexico (7%). Other countries less than 3% each.
 GDEcD and GDA combine export services, including
assistance from Georgia’s International Representatives.
GEORGIA’S INTERNATIONAL OFFICES
DID YOU KNOW…
 1 in 3 acres on U.S. farms is planted for export.
 39% of Port of Savannah exports were ag commodities:
wood pulp, food, and paper & paperboard. (FY’12)
 The Port of Savannah is the 2nd largest U.S container
port for exports.
 U.S. free trade agreement partners buy 45%+ of U.S.
exports.
 97% of U.S. exporters are small- to medium-sized
companies.
6-Year Trend of Georgia’s Agricultural Exports
(Ag defined as HS Chapters 1-24)
TOP AGRICULTURAL MARKETS BY TIERS
Total
Canada
China
Mexico
Hong Kong
Japan
Russia
Trinidad & Tobago
Venezuela
Dominican Republic
Vietnam
Cuba
Jamaica
Taiwan
Indonesia
Turkey
United Arab Emirates
Philippines
Angola
South Korea
Morocco
United Kingdom
6-Year Total
$11.93 B
$2.14 B
$957 M
$810 M
$745 M
$381 M
$337 M
$284 M
$256 M
$225 M
$219 M
$199 M
$194 M
$189 M
$183 M
$176 M
$173 M
$171 M
$155 M
$146 M
$146 M
$137 M
% Change
06 - 11
129%
92%
-44%
214%
971%
-42%
57%
127%
675%
69%
2543%
0%
83%
199%
474%
-4%
481%
175%
2275%
102%
7611%
80%
(Ag defined as HS Chapters 1-24)
GEORGIA AGRICULTURAL EXPORTS 2006–2011
All Other
31%
Edible Meat / Offal
39%
Cereals/ Flour /
Bread
4%
Misc. Edible
Preparations
6%
Animal Feed / Waste
11%
Nuts (ground) / Oil Seed
/ Oleginous Fruits
9%
(Ag defined as HS Chapters 1-24)
WHO DO WE HELP?
New to
Export
Infrequent
Exporters
Experienced
Agricultural Companies
Manufacturers
Assembly Operations
Research and Development
Distribution
Headquarters Operations
In FY’12, 84% of companies assisted by GDEcD Trade had 100 employees or less; 55%
had fewer than 20 employees. These companies were located in 128 Georgia counties.
EXPORT RESOURCES FOR AG COMPANIES
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U.S. Commercial Service*
U.S. Small Business Administration*
GA Department of Economic Development*
GA Department of Agriculture
Small Business Development Center*
Export-Import Bank*
Southern U.S. Trade Association (SUSTA)
U.S.D.A, including Foreign Agricultural
Service (FAS)
*Co-located
GDECD’S AWARD-WINNING EXPORT TEAM
E-Star Award for Excellence in Exporting
White House, May 2007
EXPORT RESOURCES
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Export Research and Target Market Information
Key Contacts Abroad (Rep/foreign buyer searches)
Trade Opportunities Alert
Trade Shows/Missions/Incoming Buyers
Grants for international marketing for qualified AG
companies
 Reduced participation fees for qualified companies
 Export Finance (Working capital loan guarantees/foreign buyer
credit insurance)
 Export Directory
Did you know…?
Most GDEcD Trade services are FREE!
TRADE PROMOTION EVENTS
GDEcD’s International Representatives Visit, March 2013
G.R.O.W. (Georgia Reaching Out Worldwide) Incoming Buyer Delegation,
July 2013, Savannah, GA. Georgia suppliers will attend country briefings and meet
with international buyers of transportation, food and agribusiness.
LINK, Directory of Georgia-based Export Trading and Export Management Companies.
Georgia Export Directory, Qualified Georgia companies listed for free or, for a small
fee, can upgrade to a more in-depth listing.
TRADE PROMOTION EVENTS
Gulfood, Feb. 2013, Dubai, UAE. World’s largest food, beverage and hospitality
trade show. SOLD OUT
CRFA, March 2013, Toronto, Canada. Canada’s leading foodservice and hospitality
event. SOLD OUT
World Biofuels, March 2013, Rotterdam, Netherlands. Top global biofuels event.
Seoul Food and Hotel, Seoul, Korea, May 2013. Asia’s premier food, hospitality,
food-processing and packaging trade show. SOLD OUT
SEUS-CP Halifax & Trade Mission to Toronto, July 2013. Matchmaking and
conference.
Trade Missions:
South Africa, February 2013 SOLD OUT
United Kingdom, March 2013
Singapore, April 2013
Taiwan, April 2013
China, August 2013
Visit www.georgia.org for more opportunities!
GEORGIA’S FOOD & AGRICULTURE TRADE TEAM
Export Promotion Georgia Department of Economic Development
South GA: Kathy Oxford
North GA: Shehzin Jafar
404-962-4119
[email protected]
404-962-4036
[email protected]
Export Finance
Small Business Administration
Sandro Murtas
404-897-6089
[email protected]
Export Consulting & Loan Packaging
Small Business Development Center
Dimitris Kloussiadis
678-985-6820
[email protected]
Export Import Bank of the U.S.
Susan Kintanar
404-897-6082
[email protected]
THANK YOU FOR KEEPING
GEORGIA ON YOUR MIND!
Kathe Falls, Director, International Trade
Global Commerce
Georgia Department of Economic Development
75 Fifth Street NW, Suite 1200
Atlanta, Georgia 30308
T: 404-962-4122
E: [email protected]
www.georgia.org