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Expanding your business to the U.S.Sydney and Melbourne
September 9-10, 2014
Aaron BrickmanDeputy Executive DirectorSelectUSA
SelectUSA.gov© International Trade Administration 2014
About SelectUSA
Housed in the U.S. Department of Commerce, SelectUSA’s mission is to promote and facilitate business investment in the United States. It is housed in the U.S. Department of Commerce and represented by the Commercial Service at U.S. Embassies and Consulates across 72 worldwide markets.
SelectUSA is geographically neutral and represents the entire United States. It uphold the U.S. open investment policy and performs uniquely federal functions.
Our Clients: Companies (investors) U.S. States, Regions, and Cities
Current Personnel & Teams• Investment Policy and Promotion• Communications and Outreach• Operations and Planning
2© International Trade Administration 2014
U.S. Open Investment Policy
Upheld by administrations throughout U.S. history.
Core obligation in bilateral investment treaties (BITs).
Ensures investors and investments receive treatment no less favorable than a country affords to its own investors and investments.
SelectUSA.gov© International Trade Administration 2014
“The United States reaffirms our open investment policy, a commitment to treat all
investors in a fair and equitable manner under the law.”
- Statement by the President of the United States, June 20, 2011
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Australian FDI in the United States
4SelectUSA.gov© International Trade Administration 2014
$51.7 B
85,000
$76,000
$3.2 B
Stock FDI in 2013
Employed in 2011
Avg Wage in 2011
U.S. Exports in 2011
SelectUSA Can Help
Key SelectUSA Services Offered to Companies:
Information and Counseling: We provide subject-matter expertise to companies on business investment in the United States.
Connections: We assist companies with industry information, analysis, and points of contact and connect them with U.S. cities and states.
Ombudsman Assistance: We help companies with questions or concerns about U.S. federal rules and regulations.
SelectUSA.gov© International Trade Administration 20145
• Lufthansa Technik, recently announced plans to break ground on a new aviation maintenance, repair and overhaul facility, which will service short-haul and medium-haul aircraft. The investment is expected to create up to 400 permanent jobs.
• With the support of Vice President Biden, the White House National Economic Council, and the President’s Task Force on Puerto Rico, the SelectUSA team at the U.S. Department of Commerce worked with the Puerto Rico team to offer Lufthansa information and assistance from across federal agencies and departments that not only assisted in making their decision but demonstrated why the United States is the top destination for foreign direct investment.
Washington, DC – April 10: Penny Pritzker, Alejandro Garcia Padilla, August Wilhelm Henningsen, and Peter Ammon attend a signing ceremony for an agreement to create a new Lufthansa Aviation Facility in Puerto Rico at German Ambassador Residence on April 10, 2014 in Washington, DC.
SelectUSA Case Study:
Lufthansa
SelectUSA.gov6
© International Trade Administration 2014
Frulact, a Portugal-based producer of fruit-based preparations for international food companies, announced their first investment in the United States.
The approximately 200,000-square-foot fruit preparation and processing plant is slated to open in late 2014 with approximately 100 employees at full production.
SelectUSA assisted Frulact and the Southern Idaho Economic Development Organization (SIEDO) through providing information and counseling on U.S. regulations, capital transfer/availability, discussing potential challenges, and connection to the Commercial Service in Lisbon as a local resource.
SelectUSA Case Study:
Frulact
7© International Trade Administration 2014 SelectUSA.gov
SelectUSA Can Help
© International Trade Administration 2014 SelectUSA.gov
Nature of Investing in the United States: State, Local & Regional EDOs
Regional LocalState
© International Trade Administration 2014 SelectUSA.gov 32
Announcing…
The 2015 SelectUSA Investment Summit
March 23-24, 2015, at the Gaylord National Resort and Convention Center in National Harbor, Maryland near Washington, DC.
Learn about the U.S. investment climate and connect with service providers and U.S. states and regions.
Sign up for alerts! http://selectusa.commerce.gov/selectusa-investment-summit
SelectUSA.gov10
© International Trade Administration 2014
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We are your partner for success!How can we help you?
SelectUSA.gov© International Trade Administration 2014
A Colombian company learns about doing business in Mississippi.
Q&A
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Thank You
SelectUSA.gov© International Trade Administration 2014
Aaron BrickmanDeputy Executive DirectorSelectUSAU.S. Department of CommerceTel: [email protected] SelectUSA.gov
@SelectUSA & #SelectUSA on Twitter
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Appendix:Additional Data and
Information
SelectUSA.gov© International Trade Administration 2014
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Global FDI Trends
20 largest country recipients by FDI stock in 2012; Currency displayed at current market value.Source: UN Conference on Trade and Development
The United States remainsthe largest recipient of FDI
in the world.
Unite
d State
s
Hong K
ong SAR
Unite
d Kingdom
Fran
ce
Belg
ium
China
Germ
any
Braz
il
Singa
pore
Switz
erlan
d
Can
ada
Spain
Austr
alia
Neth
erlan
ds
Russi
an Fe
deration
Swed
en
Briti
sh Virg
in Islan
ds
Italy
Mex
ico
Irela
nd$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000In USD
Millions
$3.9 Trillion
SelectUSA.gov© International Trade Administration 2014
U.S. FDI TrendsTop 15 FDI Stock Positions, 2013
SelectUSA.gov© International Trade Administration 2014
5% | $137.3b
5% | $140.1b
4% | $117.1b
2% | $52.1b
1% | $38.4b
1% | $34.3b
Largest Sources of FDI in the United States by 2013 Stock Position
Rank Market% of total stock
(2.76 trillion) Million USD1 United Kingdom 19.55% 540,4892 Japan 12.45% 344,1433 Canada 10.15% 280,5364 Germany 10.07% 278,2835 France 8.65% 238,9776 Switzerland 5.07% 140,1427 Netherlands 4.97% 137,3338 Ireland 4.24% 117,0909 Spain 1.88% 52,085
10 Australia 1.87% 51,70911 Sweden 1.76% 48,58212 Norway 1.48% 40,98613 Italy 1.39% 38,44514 Belgium 1.24% 34,26015 Mexico 1.19% 32,878
10% | $280.5b
12% | $344.1b
2% | $51.7b
1% | $32.9b
20% | $540.5b
10% | $278.3b
9% | $239.0b
2% | $ 48.6b
1% | $ 41.0.b
Source: Department of Commerce, Bureau of Economic Analysis – FDI Position by Ultimate Beneficiary Owner
U.S. FDI TrendsTop 15 FDI Growth Markets, 2013
Note: Figures denote 5 year compound annual growth rate (2009-2013) of the stock FDI position and the total stock of FDI in the United StatesSource: Department of Commerce, Bureau of Economic Analysis – FDI by Ultimate Beneficiary Owner
SelectUSA.gov© International Trade Administration 2014
36.6% | $202m
29.1% | $41.0b
14.7% | $48.6b
41.54% | $8.0b
29.34% | $11.0b
24.11% | $1.5b
21.72% | $31.5b
19.6% | $14.9b
15.6% | $5.2b
14.6% | $2.0b
14.3% | $3.6b
34.6% | $23.8b
20.8% | $140.1b
18.9% | $2.0m
15.2% | $21.2b
36.6% | $202m
29.1% | $41.0b
14.7% | $48.6b
41.54% | $8.0b
29.34% | $11.0b
24.11% | $1.5b
21.72% | $31.5b
19.6% | $14.9b
15.6% | $5.2b
14.6% | $2.0b
14.3% | $3.6b
34.6% | $23.8b
20.8% | $140.1b
18.9% | $2.0m
15.2% | $21.2b
36.6% | $202.0m
29.1% | $41.0b
14.6% | $48.6b
41.5% | $8.0b
29.3% | $11.0b
24.1% | $1.5b
21.7% | $31.5b
19.6% | $14.9b
15.6% | $5.2b
14.6% | $2.0b
14.3% | $3.6b
34.6% | $23.8b
20.8% | $140.1b
18.9% | $2.0m
15.3% | $21.2b
Fastest Growing Sources of FDI in the United States by Compound Annual Growth Rate (CAGR) 2009-2013
Rank Market 2013 Stock million USD CAGR
1 China 8,023 41.54%2 Hungary 202 36.61%3 Luxembourg 23,823 34.56%4 India 11,040 29.34%5 Norway 40,986 29.11%6 Malaysia 1,540 24.11%7 Korea, Republic of 31,520 21.72%8 Switzerland 140,142 20.83%9 Brazil 14,852 19.55%
10 Malta 2 18.92%11 Venezuela 5,190 15.62%12 United Arab Emirates 21,204 15.25%13 Sweden 48,582 14.64%14 Colombia 2,022 14.63%15 South Africa 3,647 14.31%
FDI in the United States by Industry, 2012
1%
24%
11%
2%7%
41%
14%
FDI Position in Other Industries, 2012: 562.8 billion USD
Agriculture, forestry, fishing, and hunting
Mining
Utilities
Construction
Transportation and warehousing
Holding companies (nonbank)
Other services
27%
51%
7%
15%
FDI Position in Services, 2012: 721.1 billion USD
Depository institutions (banking)
Finance (except depository institu-tions) and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
4%4%
5%
7%
10%
12%
26%
32%
FDI Position in Manufacturing, 2012: 898.9 billion USD
Food
Electrical equipment, appliances, and com-ponents
Primary and fabricated metals
Computers and electronic products
Machinery
Transportation equipment
Chemicals
Other manufacturing
Source: U.S. Bureau of Economic Analysis SelectUSA.gov© International Trade Administration 2014
FDI in the United States by Industry, 2012
18%
14%
18%
50%
FDI Position in Wholesale Trade, 2012: 292.4 billion USD
Motor vehicles and motor ve-hicle parts and supplies
Electrical goods
Petroleum and petroleum products
Other
1%
24%
11%
2%7%
41%
14%
FDI Position in Other Industries, 2012: 562.8 billion USD
Agriculture, forestry, fishing, and hunting
Mining
Utilities
Construction
Transportation and warehousing
Holding companies (nonbank)
Other services
27%
51%
7%
15%
FDI Position in Services, 2012: 721.1 billion USD
Depository institutions (banking)
Finance (except depository insti-tutions) and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
4% 4%5%
7%
10%
12%
26%
32%
FDI Position in Manufacturing, 2012: 898.9 billion USD
Food
Electrical equipment, appliances, and components
Primary and fabricated metals
Computers and electronic products
Machinery
Transportation equipment
Chemicals
Other manufacturing
0% 1%
6%
13%
14%
24%
43%
FDI Position in Information, 2012: 123.8 billion USD
Data processing, hosting, and re-lated services
Broadcasting (except internet)
Motion picture and sound record-ing industries
Newspaper, periodical, book, and database publishers
Software publishers
Other Information
Telecommunications
45%
22%
12%
9%
5%4%
3% 0%
FDI Position in Retail Trade, 2012: 51.7 Billion USD
Food and beverage stores
Clothing and clothing accessories stores
Miscellaneous store retailers
Other retail trade
Health and personal care stores
Furniture and home furnishings stores
Nonstore retailers
Electronics and appliance stores
Source: U.S. Bureau of Economic Analysis
© International Trade Administration 2014 SelectUSA.gov18
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FDI Growth in the United States by Industry
Source: Department of Commerce, Bureau of Economic Analysis
FDI Growth in the United States by Major Industry Sectors(Compound annual growth rate in FDI position between 2008 and 2012 on a historical cost basis)
** “Information” includes “publishing industries, including newspaper, periodical, book, and database publishers.” FDI in publishing industries experienced -11.6 percent CAGR during 2008-12.
** Information
Wholesale trade
Manufacturing: Computers and Electronic Products
Primary and fabricated metals
Manufacturing: Fabricated Metal Products
Manufacturing: All Machinery
Manufacturing: Food
Manufacturing: Transportation Equipment
Manufacturing: All
Finance and Insurance
Retail Trade
Manufacturing: Chemicals
Professional, Scientific, and Technical Services
Depository institutions (banking)
Manufacturing: Petroleum and coal products
Manufacturing: Petroleum refining & extraction
-10% 0% 10% 20% 30% 40% 50% 60%
SelectUSA.gov© International Trade Administration 2014
