hawaii exports, jobs, & foreign investment · hawaii exports, jobs, & foreign investment...

2

Click here to load reader

Upload: voliem

Post on 02-Nov-2018

212 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Hawaii Exports, Jobs, & Foreign Investment · Hawaii Exports, Jobs, & Foreign Investment Hawaii’s Metropolitan Exports • Urban Honolulu is the 240th largest metro area reporting

Department of Commerce | International Trade Administration

Hawaii Exports, Jobs, & Foreign Investment

Exports Support Jobs• Nationally, U.S. jobs

supported by exports reached an estimated 10.7 million in 2016, up 1.2 million from 2006.

3,232U.S. jobs supported

by goods exports from Hawaii in 2016

Jobs Supported by Total U.S. ExportsTotaled 10.7 Million Jobs in 2016, Nationwide

Hawaii Depends on World Markets• Exports from Hawaii

helped contribute to the $2.33 trillion of U.S. goods and services exports in 2017.

Hawaii goods exports in 2017$938 million

340

124 123 11979

Australia China Singapore Korea Japan

380

251

63

61

34

Transportation Equipment

Petroleum & Coal Products

Processed Foods

Waste & Scrap

Chemicals

Hawaii’s Top 5 Export Markets(Millions of U.S. Dollars)

Hawaii’s Top 5 Export Categories(Millions of U.S. Dollars)

Exports Sustain Hundreds of Hawaii Businesses• A total of 847 companies

exported from Hawaii locations in 2015.

720SMEs account for 85% of Hawaii

goods exporters

Number of small and medium-sized (SME)goods exporters in Hawaii in 2015

...and 69% of known Hawaii goods export value

82% of these jobs were supported by manufactured

goods exports

6.34.4

Goods

Services

SME Exporters

Exports from SMEs

Updated February 2018

Page 2: Hawaii Exports, Jobs, & Foreign Investment · Hawaii Exports, Jobs, & Foreign Investment Hawaii’s Metropolitan Exports • Urban Honolulu is the 240th largest metro area reporting

Department of Commerce | International Trade AdministrationUpdated February 2018

Hawaii Exports, Jobs, & Foreign Investment

Hawaii’s Metropolitan Exports• Urban Honolulu is the

240th largest metro area reporting exports nationwide.

Prepared by the Office of Trade and Economic Analysis, International Trade Administration, U.S. Department of Commerce.

For more resources please see www.trade.gov/mas/ian. Sources include resources from the U.S. Department of Commerce’s International Trade Administration, Bureau of the Census, and Bureau of Economic Analysis.

Free Trade Agreements• The U.S. currently has 14

free trade agreements in force with 20 countries.

• Hawaii’s exports to U.S. FTA partners totaled $615.8 million in 2017.

Since 2007, exports from Hawaii to FTA markets have

grown by 138%In 2017, exports to FTA markets accounted for 66% of Hawaii exports

302

68

17

6

2

Australia

Korea

Singapore

Panama

NAFTA

Top Dollar Growth, 2007-17(Millions of U.S. Dollars)

Metro Area 2016 GoodsExport Value

Share ofState Exports

Urban HonoluluKahului-Wailuku-Lahaina

$330 million$9 million

81.90%2.10%

Foreign Investment & Jobs in Hawaii• In 2015, foreign-owned

companies employed 37,500 Hawaii workers

7.2%Share of Hawaii private-industry employment at

foreign-owned firms

16,800

6,500

2,900

1,400

1,000

Japan

France

United Kingdom

Canada

Germany

Hawaii Employment in Foreign-Owned CompaniesNumber of Employees by Country of UBO

Current FTA Partners