Orange County World Trade Week Breakfast and Forum May 14, 2015 Jim Mayfield, Director U.S. Export Assistance Center Irvine, CA.

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Presentation transcript:

Orange County World Trade Week Breakfast and Forum May 14, 2015 Jim Mayfield, Director U.S. Export Assistance Center Irvine, CA

Export Ecosystem

The Philippines 6.3% Kenya6.0% India5.5% (11 of top 20 fastest growing markets are in the Pacific Rim - Bloomberg)

Local Export Picture CA Merchandise Exports in 2014 $175 Billion LA-LB-OC MSA in 2013: $76.3 Billion* + 1.7% (*2013 – latest available) 46% of CA total 2013 MSA EXPORTS SPLIT LA $600 M OC $1.9 B Source: U.S. Census Data; Commerce TSE

Top 5 OC Export Markets Source: U.S. Census and Cal State Fullerton (2014 estimates)

Key Export Sectors for OC Computer & Electronic Products Transportation Equipment Machinery & Electrical Appliances Misc Manufactured Items (consumables) Bio/Lifesciences – captured in several categories SERVICES: Education, Tourism, Design, etc.

Source: Department of Commerce TSE

Estimates only

Key Export Growth Drivers for OC Free Trade Agreements, TPP Changing Demographics in the Pacific Rim Emerging Consumers Demand for California Lifestyle eCommerce is here!

Consumers - What are they buying 20 markets in the Pac Rim