Wednesday, November 23, 2011

Trade and Oregon

From the Office of the US Trade Representative:

Exports Support Jobs for Oregon Workers
Export-supported jobs linked to manufacturing account for an estimated 5.2 percent of Oregon's total private-sector employment. Nearly one-quarter (23.5 percent) of all manufacturing workers in Oregon depend on exports for their jobs (2009 data latest available).
Exports Sustain Thousands of Oregon Businesses
A total of 4,918 companies exported goods from Oregon locations in 2008. Of those, 4,384 companies, or 89 percent, were small and medium-sized enterprises (SMEs), with fewer than 500 employees.
SMEs generated close to one-third (32 percent) of Oregon's total exports of merchandise in 2008.
Foreign Investment Creates Jobs in Oregon
In 2008, foreign-controlled companies employed 46,900 Oregon workers. Major sources of foreign investment in Oregon in 2008 included Germany, the United Kingdom, Japan, and Canada.
Foreign investment in Oregon was responsible for 3.2 percent of the state's total private-industry employment in 2008.
Oregon Depends on World Markets
Oregon's export shipments of merchandise in 2010 totaled $17.7 billion.
The state's largest market was China. Oregon posted merchandise exports of $4.0 billion to China in 2010, 23 percent of the state’s total merchandise exports. China was followed by Malaysia ($2.7 billion), Canada ($2.4 billion), Japan ($1.4 billion), and Korea ($937 million).
The state's largest merchandise export category is computers and electronic products, which accounted for $7.8 billion of Oregon's total merchandise exports in 2010. Other top merchandise exports are agricultural products ($2.3 billion), machinery manufactures ($1.5 billion), chemicals manufactures ($1.4 billion), and transportation equipment ($827 million).
Oregon's Metropolitan Exports
In 2009, the metropolitan area of Salem exported $325 million in merchandise. Other major metropolitan areas in Oregon that exported in 2009 included Eugene-Springfield ($314 million) and Corvallis ($241 million). A major metropolitan area exporter that included some counties of Oregon was Portland-Vancouver-Beaverton (including some counties in Washington as well) which exported $15.5 billion in merchandise in 2009.

*Data updated June 2011, by the Office of Trade and Industry Information, International Trade Administration, U.S. Department of Commerce.

Now, keep in mind this is from a source that is charged with promoting trade, but most of the facts are straightforward. Now you know.

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