[lbi_inline_note timestamp=”11:58am on April 28, 2015″]PHOTO: In MFB-Global folder. 2014 graphics can be used. [/lbi_inline_note]
International trade is an important element of the Capital Region economy, and the strong petrochemical presence helps make it an attractive location for international companies.
Total merchandise exports in 2013: $6.3 billion
Rank among largest U.S. export markets: 45th
Total export value in 2012: $14.56 billion
Rank among 100 largest U.S. Metro Areas: No. 23
Rank among 100 largest U.S. Metro Areas in exports intensity: No. 1
SOURCE: “Export Nation 2013,” The Brookings Institute and JPMorgan Chase
Top export markets:
Canada, $689 million, 11% of total
Mexico, $650.7 million, 10.4%
China, $601.6 million, 9.6%
Brazil, $572.2 million, 9.1%
Netherlands, $510.4 million, 8.2%
Top goods export sectors in 2013:
By value and share of metro exports
Chemicals, Value withheld
Petroleum and coal products, $1.5 billion, 23.7%
Manufacturing, $111 million, 1.8%
Primary metal manufacturing, $95 million, 1.5%
Agriculture, forestry, fishing and hunting, Value withheld
Source: U.S. Department of Commerce International Trade Administration
International companies with a presence in the Capital Region include:
REPEAT SAME AS LAST TIME, EXCEPT WITH THE FOLLOWING CHANGES:
ADD:
Methanex – Canada
Drax – United Kingdom
Louis Dreyfus – France
SNF Flopam – France
REMOVE:
Big River Industries – Ireland
Source: Baton Rouge Area Chamber
