small business goes global: georgia’s international trade services may 21, 2015
TRANSCRIPT
SMALL BUSINESS GOES GLOBAL:GEORGIA’S INTERNATIONAL TRADE SERVICES
May 21, 2015
GEORGIA’S GLOBAL CONNECTIVITY
Top 10 Trading Partners China Germany Canada Mexico South Korea Japan UK India France Brazil
RECORD INTERNATIONAL TRADE IN 2014
RECORD EXPORTS IN 2014
2014 by the numbers$39.4 billion total Georgia exports
5th consecutive record-setting year
36% export increase since 2010
211 unique export destinations
11th leading exporting state in the U.S.
200,000+ jobs supported by exports
Canada (16.5%)
China (7.8%)
Mexico (7.6%)
United Kingdom (4.2%)
Singapore (3.6%)
Brazil (3.5%)
Japan (3.5%)
Germany (3.4%)
South Korea (3.2%)
Australia (2.2%)
All other (44.5%)
GEORGIA’S TOP EXPORT MARKETS
• Aircraft
• Passenger motor vehicles
• Chemical woodpulp
• Poultry
• Turbojets and gas turbines
LEADING EXPORTS FROM GEORGIA
Top 5 products exported:
Benefits for Businesses
• Increased sales: lower production costs
• Lower costs: increased profits
• Diverse markets: reduce risks
• New markets: expand product life cycle
• Competitive awareness: new global market intelligence
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%)
WHY EXPORT?
Helping keep Georgia globally competitive by assisting exportersGeorgia.org/Trade
Dawn TownsendDivision Director, International [email protected] Region: Central west GA
Kathy OxfordSenior International Trade [email protected] Specialty: Life Sciences Regions: Eastern & Coastal GA
Taube PonceSenior International Trade [email protected] Specialty: Aerospace, Defense & SecurityRegion: Metro Atlanta
Alice CarsonSenior International Trade [email protected] Specialty: Building, Construction & Mining Region: North GA
Shehzin JafarInternational Trade [email protected] Specialty: Food & AgricultureRegion: South GA
Danielle PascualInternational Trade Promotions [email protected]
Priya VermaAssc. International Trade [email protected]
Mary WatersDeputy Commissioner, International [email protected]
GEORGIA’S INTERNATIONAL TRADE DIVISION
New toExport
Infrequent Exporters
Experienced
Agricultural Companies
Manufacturers
Assembly Operations
Research and Development
Distribution
Headquarters Operations
WHO DO WE HELP?
GLOBAL INSIGHT
USEAC Partner Resources
Export Education
Market Intelligence
GLOBAL CONNECTIONS
International Trade Events
Incoming International Buyers
In-Country Matching
HOW DO WE HELP?
GEORGIA’S INTERNATIONAL REPRESENTATIVES
Understand Your International Assets
• Companies exporting/importing in your community?
• Where are their target markets?
• Local trade expertise?
• International suppliers and the link to FDI
TRADE RESOURCES IN YOUR COMMUNITY
Increase Your Trade Outreach
• Stay informed of pending trade policy• Do you know the difference between TPP and TTIP?
• Trade Opportunity Alerts
• Georgia Export Directory: www.georgiaexportdirectory.com
• Event and webinar alerts: www.export.gov
• Upcoming international events
TRADE RESOURCES FOR YOUR COMMUNITY
SEUS CP 2015: JUNE 28-30, 2015
Target Industries: Advanced Manufacturing; Value Added Foods; Aerospace and Defense; Wind and Alternative Energy; BioTechLocation: Prince Edward Island, CanadaContact: Dawn Townsend, 404-962-4059, [email protected]
SINGAPORE INBOUND TRADE MISSION: JULY 14, 2015Target Industries: Value-added agriculture food productsLocation: Atlanta, GA Contact: Shehzin Jafar, 404-962-4036, [email protected]
SUSTA COLOMBIA OUTBOUND TRADE MISSION 2015: JULY 20-23, 2015Target Industries: Value-added agriculture food productsLocation: Bogota, ColombiaContact: Shehzin Jafar, 404-962-4036, [email protected]
UPCOMING EVENTS
DEFENSE & SECURITY EQUIPMENT INTERNATIONAL: SEPTEMBER 15-18, 2015Target Industries: Products and services for the defense and security sectorsLocation: London, EnglandContact: Taube Ponce, 404-962-4118, [email protected]
MEDICA 2015: NOVEMBER 16-19, 2015Target Industries: Medical devices and technologiesLocation: Düsseldorf, GermanyContact: Kathy Oxford, 404-962-4118, [email protected]
EXPORT GEORGIA: BEGINS AUGUST 28, 2015 Target Businesses: Businesses seeking to grow their exportsLocation: Lawrenceville, GeorgiaContact: Rick Martin, 470-578-2530, [email protected] Info: www.exportga.com
UPCOMING EVENTS
Mary Waters, Deputy Commissioner, International Trade
Georgia Department of Economic Development
75 Fifth Street NW, Suite 1200
Atlanta, Georgia 30308
T: 404-962-4120
Georgia.org/Trade
THANK YOU FOR KEEPING GEORGIA ON YOUR MIND