State Government International Trade Resources in South Carolina

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State Government International Trade Resources in
South Carolina
SCRA Grotto Workshop, Charleston, S.C. July 8,
2009
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2008 South Carolina Export Facts

• 19.8 billion to 193 countries up 19.65
• Ranked 18th among the states
• 3rd in the Southeast. SE average was 13.41
• and U.S. average was 11.84.
• 2nd largest exporting state to Germany.
• Germany was top market over 4.78 billion.
• Leading growth market - Saudi Arabia at 405. 
• Leading product export - vehicles 6.6
  billion. 
• 9 of manufacturing jobs supported by exports.
• 14th in total jobs linked to manufactured
  exports

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South Carolina Exports Two Decades of Steady
Growth
19.8
2008
8.6
2000
4.3
1992
1.7
Exports rose 19.65 2007-2008
1987
Total Exports from SCUS Billions
Source U.S. Department of Commerce
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Top 12 South CarolinaExport Markets in 2008

• Germany
• Canada
• Mexico
• U.K.
• China
• France
• Australia
• Belgium
• Japan
• Brazil
• United Arab Emirates
• Saudi Arabia

Source GTIS.com / U.S. Department of Commerce
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Top 10 Fastest Growing SC Export Markets in 2008

• Saudi Arabia (405)
• Taiwan (173)
• UAE (88)
• France (50)
• Brazil (35)

• Chile (35)
• Germany (27)
• China (27)
• U.K. (26)
• Mexico (25)
• of the top 20 markets

Source GTIS.com / U.S. Department of Commerce
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Top 10 Product Categories of S.C. Exports in 2008

• Vehicles
• 2) Machinery
• 3) Rubber
• 4) Plastics
• 5) Electrical Machinery
• 6) Paper/Paperboard
• 7) Organic Chemicals
• 8) Optical/Medical Instruments
• 9) Iron and Steel
• 10) Woodpulp, etc.

Source GTIS.com / U.S. Department of Commerce
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What Can Exporting Do For S.C. Companies?

• Exports are more important than ever!
• Diversifies client base for greater success in
  tough economic times
• Identifies new emerging markets for products
• Helps smaller companies grow be more
  competitive
• Help companies enjoy greater economies of scale
• Can take advantage of FTAs with places such as
  Chile, Australia, Canada, Mexico, Singapore,
  Jordan, Israel, and Central America. FTAs are
  pending for Colombia, Panama, Korea, Oman, and
  Peru.

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Exporting Benefits Communities Exporting
Companies

• Higher Productivity Rates (40)
• Higher Paying Jobs (13-18)
• Higher Skilled Jobs
• Better Benefits (37)
• Increased Tax Dollars
• Greater Economic Stability
• Growth of SMEs

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What Are S.C.s Export Advantages?

• S.C. is home to the Port of Charleston
• Recently ranked 1 in North America for
  customer satisfaction by the readers of World
  Trade Magazine
• Freight moves faster Charleston boasts an
  average of 41.5 moves / hour per dockside
  container crane, vs industry standard of 25 to
  30.
• Average 20-minute turn time for truckers
• Deep water, ability to handle post-Panamax
  ships
• Terminals close to open sea
• Turns cargo and ships faster than any port in
  the U.S.
• Low inland freight costs Charleston is easily
  accessible from anywhere in S.C. by truck.
• S.C. is home to several major banks and freight
  forwarders who have extensive export experience.
• The Ports proximity to S.C. exporters
  importers allows them to be more cost
  competitive.

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Locations of S.C. Exporters Importers
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Key Port Facts

• Port industry-leading productivity Average 41
  moves/hour/ crane and average trucker turn time
  of less than 20 minutes.
• Reliably high performance for your vehicles and
  containers.
• Charleston is big-ship-ready. Already handling
  deep draft post-Panamax vessels. Able to handle
  8,000 TEU ships today.
• Charleston has labor and management with great
  experience in handling vehicles between ships,
  rail, and trucks.
• Easy interstate highway access from all
  terminals.
• Port offers competing rail access from CSX and
  Norfolk Southern including double-stack
  containers, boxcars, flatcars, and stacked car
  carriers.
• Able to offer customized services.

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SCDOC Trade and Investment Missions

• Promote South Carolina exports
• Help companies find the right
• overseas market for their products
• Provide customized, one-on-one meetings for
  company representatives with buyers,
  distributors, or representatives in the target
  country
• Provide networking opportunities for delegates,
  both in the target country and within SC

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Register Now For 2009-2010 Trade Missions!
UAE Dubai Abu Dhabi COMPLETED Eastern
Europe - TradeWinds Europe Warsaw, Poland
April 20-24, 2009 COMPLETED Latin America
Colombia Panama August 15-23,
2009 REGISTRATION UNDERWAY
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Register Now For 2009-2010 Trade Missions!
South Korea Seoul Busan November 2009
REGISTRATION UNDERWAY Chile Peru Santiago
Lima 1st Q 2010 Italy Turkey Milan
Istanbul 2nd Q 2010 Mexico Mexico City 3rd Q
2010 Singapore, Malaysia Vietnam - Kuala
Lumpur Ho Chi Minh City 4th Q 2010
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South Carolinas exports market continues to
present great opportunity for business in our
state. With a world-class port in Charleston and
an extensive rail and interstate highway system,
businesses in South Carolina have an immediate
price advantage over their competitors to the
west.

• Joe E. Taylor, Jr.
• Secretary of Commerce

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SCcommerce.com
For more information Clarke Thompson South
Carolina Department of Commerce Telephone (803)
737-0438 Email cthompson_at_sccommerce.com
A member of the S.C. International Trade Coalition