SMALL BUSINESS GOES GLOBAL: GEORGIA’S INTERNATIONAL TRADE SERVICES May 21, 2015.
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Transcript of SMALL BUSINESS GOES GLOBAL: GEORGIA’S INTERNATIONAL TRADE SERVICES May 21, 2015.
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SMALL BUSINESS GOES GLOBAL:GEORGIA’S INTERNATIONAL TRADE SERVICES
May 21, 2015
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GEORGIA’S GLOBAL CONNECTIVITY
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Top 10 Trading Partners China Germany Canada Mexico South Korea Japan UK India France Brazil
RECORD INTERNATIONAL TRADE IN 2014
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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
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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
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• Aircraft
• Passenger motor vehicles
• Chemical woodpulp
• Poultry
• Turbojets and gas turbines
LEADING EXPORTS FROM GEORGIA
Top 5 products exported:
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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?
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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?
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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
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New toExport
Infrequent Exporters
Experienced
Agricultural Companies
Manufacturers
Assembly Operations
Research and Development
Distribution
Headquarters Operations
WHO DO WE HELP?
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GLOBAL INSIGHT
USEAC Partner Resources
Export Education
Market Intelligence
GLOBAL CONNECTIONS
International Trade Events
Incoming International Buyers
In-Country Matching
HOW DO WE HELP?
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GEORGIA’S INTERNATIONAL REPRESENTATIVES
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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
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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
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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
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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
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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