agricultural exports: a world of opportunities georgia agriculture forecast | 2013
TRANSCRIPT
AGRICULTURAL EXPORTS:A WORLD OF OPPORTUNITIES
Georgia Agriculture Forecast | 2013
BENEFITS OF EXPORTING
BETTER COMPANIES
HIGHER WAGES
MORE JOBS
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
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) Poultry (#1)Minerals/ores (#1) Pecans (#1)Aluminum (#1) Textile Floor Coverings (#1)Acrylic Polymers (#2) 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
(Ag defined as HS Chapters 1-24)
6-Year Total% Change
06 - 11 Total $11.93 B 129% Canada $2.14 B 92% China $957 M -44% Mexico $810 M 214% Hong Kong $745 M 971% Japan $381 M -42% Russia $337 M 57% Trinidad & Tobago $284 M 127% Venezuela $256 M 675% Dominican Republic $225 M 69% Vietnam $219 M 2543% Cuba $199 M 0% Jamaica $194 M 83% Taiwan $189 M 199% Indonesia $183 M 474% Turkey $176 M -4% United Arab Emirates $173 M 481% Philippines $171 M 175% Angola $155 M 2275% South Korea $146 M 102% Morocco $146 M 7611% United Kingdom $137 M 80%
GEORGIA AGRICULTURAL EXPORTS 2006–2011
(Ag defined as HS Chapters 1-24)
Edible Meat / Offal 39%
Animal Feed / Waste 11%
Nuts (ground) / Oil Seed / Oleginous Fruits
9%
Misc. Edible Prepara-
tions6%
Cereals/ Flour / Bread
4%
All Other 31%
WHO DO WE HELP?
New toExport
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
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
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!
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
TRADE PROMOTION EVENTSGulfood, 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 OUTUnited Kingdom, March 2013Singapore, April 2013Taiwan, April 2013China, August 2013 Visit www.georgia.org for more opportunities!
South GA: Kathy [email protected]
Small Business AdministrationSandro [email protected]
GEORGIA’S FOOD & AGRICULTURE TRADE TEAM
Small Business Development CenterDimitris [email protected]
North GA: Shehzin [email protected]
Export Promotion Georgia Department of Economic Development
Export Import Bank of the U.S.Susan [email protected]
Export Finance
Export Consulting & Loan Packaging
Kathe Falls, Director, International Trade Global CommerceGeorgia Department of Economic Development
75 Fifth Street NW, Suite 1200
Atlanta, Georgia 30308
T: 404-962-4122
www.georgia.org
THANK YOU FOR KEEPING GEORGIA ON YOUR MIND!