Transcript LA Customs District - 2015 - Irvine Chamber Economic Development

SBA
Export Outreach Team
Annual Meeting
October 18, 2016
America’s Gateway to the Pacific Rim
Busan, South Korea
United States
Yokohama, Japan
Shanghai, China
Mexico
Kaohsiung, Taiwan
Manzanillo
Lazaro Cardenas
Quetzal, Guatemala
Acajutla, El Salvador
Vung Tau, Vietnam
Punta Manzanillo, Panama
Australia
Valparaiso,
Chile
Sydney
Auckland
Melbourne
Balboa, Panama
Tauranga
New Zealand
Southern California
Cargo Gateway Strengths
 The Number # 1 U.S. Customs District Gateway;
 Record Year in 2014 with $ 128 Billion in Exports
 Huge & Diverse Local Consumer Market
 Low Transport Cost Between Port & Airport
 Proximity of Airport & Ports
 Intense Price Competition between Shipping Lines
 Low Export Rates
 Huge number of specialized service companies
& talented professionals with linguistic skills and
international cultural understanding
 Largest concentration of Manufacturing in the U.S.
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Southern California
Cargo Gateway Strengths
 Most numerous & frequent sailings to &
from Asia, Australia & the West Coast of
Latin America
 16 Container Shipping Lines
 13 Container Terminals; 80 + Sailings per
Week
 Greatest number of overseas Ports of Call
 Equipment availability
 Greatest number of logistics & distribution
centers in the U.S.
 Largest Foreign Trade Zone in the U.S.
 100 trains per day to & from LA/LB Ports
 Unrivalled Rail & Intermodal Capabilities
What Makes the Southern California Region
A Strategic Platform for Trade ?
POPULATION: Mega-Region of 22 million
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10 million in Los Angeles County
17.5 million five-county LA Metro Region
140 languages from around the world
97 Consulates
LA Metro Region’s GDP: $826.8 Billion
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Ranked 18th largest economy in the World
Larger GDP than Saudi Arabia or Switzerland
MANFACTURING, LABOR & INTELLECTUAL
CAPITAL: Priceless
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#1 Manufacturing Capital of the US
14,000-strong longshore workforce
3 World-class research institutions:
 UCLA, USC, CalTech
 Most PhD’s in the US
 Most Patents in the US
RESOURCES: Substantial
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1.8 billion sq.ft. of warehouse/distribution space w/in
80 miles
Nation’s Largest Clean Truck Fleet
Busiest origin/destination airport (LAX)
 $4.1 billion investment in infrastructure
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Top 20 Markets (LA Customs District - 2015)
1. China
2. Japan
3. Korea
4. Taiwan
5. Vietnam
6. Germany
7. Thailand
8. Hong Kong
9. India
10.Australia
$ 159 billion
$ 39 billion
$ 24 billion
$ 16 billion
$ 14 billion
$ 12 billion
$ 11 billion
$ 10 billion
$ 10 billion
$ 8 billion
11. Malaysia
12. Indonesia
13. U.K.
14. Singapore
15. Philippines
16. Italy
17. Netherlands
18. Switzerland
19. France
20. Mexico
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8 billion
7 billion
7 billion
7 billion
5 billion
4 billion
3 billion
3 billion
3 billion
3 billion
Top 20 imports (LA Customs District - 2015)
1. Motor vehicles
2. Computers
3. Oil
4. Cell phones & parts
5. TV’s & Monitors
6. Printers & parts
7. Leather shoes
8. Motor vehicle parts
9. Toys
10.Computer chips
11. Sweaters
12. Furniture & parts
13. Computer parts
14. Rubber tires
15. Travel goods
16. Diamonds
17. Shoes
18. Rubber shoes
19. Seats
20. Semi Conductors
Top 20 EXPORTS (LA Customs District 2015)
1. Civilian Aircraft & Parts
2. Diamonds
3. Cell Phones & Parts
4. Gold
5. Motor vehicles
6. Computers
7. Computer chips
8. Medical instruments
9. Cotton
10.Motor vehicle parts
11. Frozen beef
12. Prepared foods, beverages
13. Almonds & Nuts
14. Semi-conductor
15. Centrifuges & parts
16. Paper
17. Hides
18. Military aircraft parts
19. Valves & pipes
20. Iron Scrap
Benefits of Our LA/Long Beach Ports
ECONOMIC IMPACTS
A Regional
Economic
Engine
Employment
• 940 Los Angeles Harbor Department employees
• 10,000-15,000 Longshore and terminal jobs
(LA/LB)
• 192,000 jobs (about one in 11) in LA/LB
• Direct/indirect jobs generated by LA/LB
• 1 million across Southern California
• 1.2 million jobs statewide
• 3.1 million jobs across the U.S.
Value of Trade to the Economy
• $89.2 billion throughout California
• $222.3 billion throughout the U.S.
State and Local Tax Revenue
• $6.1 billion throughout California (CY 2014)
• $16.7 billion throughout the U.S. (CY 2014)
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TRADE & THE SOUTHERN CALIFORNIA
GATEWAY: Emerging Opportunities
FREE TRADE AGREEMENTS
Growth Markets in the Pacific Rim & S. E. Asia
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The Trans Pacific Partnership (TPP)
The ASEAN Economic Community
West Coast of Latin America
Trade Growth with Europe (TTIP)
PACIFIC RIM & S.E. ASIA
• ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN)
– 10 COUNTRIES
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BRUNEI
CAMBODIA
INDONESIA
LAOS
MALAYSIA
MYANMAR
PHILIPPINES
SINGAPORE
THAILAND
VIETNAM
– $ 2.5 TRILLION ECONOMY
– 650 MILLION POPULATION
• ASEAN ECONOMIC COMMUNITY
TRANSATLANTIC TRADE & INVESTMENT PARTNERSHIP (TTIP)
• E.U. POPULATION – 508 MILLION
– TTIP – 11% OF GLOBAL POPULATION
– $ 18 TRILLION ECONOMY
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TWO OF MOST MODERN AND DEVELOPED ECONOMIES
PROJECTED IMPACT ON US ECONOMY - $ 88 BILLION
CALIFORNIA EXPORTS TO E.U. - $ 25 BILLION (2012)
PROJECTED IMPACT ON CALIFORNIA – 26% GROWTH
3rd LARGEST TRADING PARTNER OF LA Customs District !
Los Angeles Offers One of the Most Extensive Transportation
Networks in the World
Key Facts:
• LA/LB ports are the
largest containershipping facility in the
U.S.
• LA’s Alameda Corridor
is the busiest
intermodal rail yard in
the nation: 100 trains
per day to 13 U.S.
markets
Chicago
Tokyo
London
L.A.
Shanghai
Mexico
City
Sydney
Santiago
• LAX has over 1,000
cargo flights each day
linking Los Angeles to
the World
LAX is the 13th busiest
airport in the world
Ground
transportation
network is farreaching
L.A. port complex
handles 44% of all
containerized imports
into the U.S.
L.A.’s rail yards move
goods efficiently from
West to East Coast
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www.latradeconnect.org
Thank
You!