ohio polymer companies are exporting - are you?

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You’re not exporti ng polymer s? Your competition is © 2014 PolymerOhio, I

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Polymer industry companies are engaged in exporting their products. Ohio ranks in the top 10 exporting states over several metrics.

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  • 1. 2014 PolymerOhio, Inc.

2. Ohio is in the top 10! The United States exported $31,540,143,323 in plastics in 2013, a 46% increase over 2009 Ohio exported $2,038,462,948 in plastics in2013, a 48% increase over 2009 4th in $ exported 2014 PolymerOhio, Inc. 3. Ohio is in the top 10! The United States exported $152,255,091,379 in chemicals in 2013, a 31% increase over 2009 Ohio exported $6,734,420,689 in chemicals in 2013, a 52% increase over 2009 8th in $ exported 2014 PolymerOhio, Inc. 4. Ohio is in the top 10! Overall, the United States exported $1,578,851,422,749 in 2013, an increase of 50% over 2009 Ohio exported $50,548,837,194 in 2013, an increase of 48% over 2009 7th overall in $ exported 2014 PolymerOhio, Inc. 5. Ohio is in the top 10! Plastics and chemicals were ahead of the pace with increases of 48% and 52%! 2014 PolymerOhio, Inc. 6. Ohio plastics export increase 2009- 2013 vs US as a whole 45% 45% 46% 46% 47% 47% 48% 48% 49% UNITED STATES Ohio 2014 PolymerOhio, Inc. 7. Ohio chemical export increase 2009-2013 vs US as a whole 0% 10% 20% 30% 40% 50% 60% UNITED STATES Ohio 2014 PolymerOhio, Inc. 8. Whos importing polymers? Top 5 Plastic Importers: China Germany France $72,409,466 $19,894,818 China Plastic Import Value Rubber Import Value Germany $41,186,178* $17,444,293* *2012 data $8,315,019 $25,474,460 France Mexico $19,835,821* $6,320,162* Canada $15,362,124 $6,810,549 Italy $19,156,337* $5,318,130* $563,039,891 $217,061,171 Japan Top 5 Rubber Importers: China Germany France Canada Japan Mexico Italy 2014PolymerOhio,Inc. 9. Why You Should Export Increase sales and revenue Increase ability to compete domestically Diversify markets decrease dependence on any one market Prolonged product life cycle More than 70% of the worlds purchasing power is outside of the U.S. Ride out fluctuations in U.S. economy by being diversified in other countries Seasonal products can be manufactured and sold year- round to climates in southern hemisphere 2014 PolymerOhio, Inc. 10. Why You Should Export You are already competing internationally you can compete with international companies that are in your Ohio market by getting into theirs 2014 PolymerOhio, Inc. 11. Risks of Export Country Risks Credit Risk / Financial Risk Foreign Currency / Exchange Rate Risk IP Protection Geographical Remoteness Complex Documentation and Administration 2014 PolymerOhio, Inc. 12. Are You Ready to Export? Do you currently have a product or service? Do you have knowledge of your product and market? Is your current business profitable? Are you committed to export? Are you ready to commit money to exporting? Does your product need modification before export? Who is your end user? Do you know how to reach them? Have you received inquiries from other countries for your product? 2014 PolymerOhio, Inc. 13. Selecting Your Market Which countries are importing polymers? Is the economy growing or declining? Is there political unrest? What is the attitude of the government toward trade? What are the monetary/credit policies? What are the distribution methods? What legislation exists to affect your manufacturing or trading? 2014 PolymerOhio, Inc. 14. Available Resources PolymerOhio can connect your company to the vast array of resources available for companies that are either considering export or are already exporting their products. Contact PolymerOhio to find out more! www.PolymerOhio.org 1-614-776-5720 2014 PolymerOhio, Inc. 15. Find Us on the Web www.PolymerOhio.org Twitter: @PolymerOhio Facebook: https://www.facebook.com/polymer.ohio LinkedIn: https://www.linkedin.com/company/polymerohio