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INTERNATIONAL BUSINESS FACTORS TO CONSIDERTrade – Exports/Imports

Global Operations

Foreign Direct Investment

Tourism

Education

Direct International Flights

INTERNATIONAL TRADE – BENEFIT TO COMMUNITIESINTERNATIONAL TRADE IS AN ECONOMIC DEVELOPMENT TOOL THAT CREATES JOBS, RETAINS JOBS AND HELPS COMPANIES AND COMMUNITIES COMPETE GLOBALLY

• Brings NEW Money Into Economy • Delivers Economic Growth and Jobs • Drives Competitiveness, Productivity, and

Innovation

COLORADO’S EXPORTS – THE GOOD NEWS• Exports from Colorado are up nearly

12% over last year at this time• Compared to the U.S. where growth

rate is 7%• Service Exports are up as well and

CO is among the nation’s strongest

COLORADO’S EXPORTS – THE BAD NEWS

Colorado ranks 37th in exporting out of all U.S. states and

territories

THE OPPORTUNITY?• 95% of global market is outside of the United States

• Only 1% of U.S. companies are exporting

• Out of those companies, 60% are exporting to only one market

JOBS CREATED BY COLORADO EXPORTS

U.S. Department of Commerce’s formula:

$165,000 of exports = 1 highly skilled job

COLORADO EXPORT PERFORMANCE

2010 2011 2012**

Products $6.7 Billion $7.37 Billion $7.93 Billion

Services** $6.0 Billion $6.6 Billion $7.1 Billion

Jobs** 76,900 84,600 91,090

# Companies Exporting 4,494

** Estimated

COLORADO’S TOP EXPORT PRODUCTS (2011)

SOURCE: WISER, CENSUS BUREAURank Description Industry 2011 2010-2011

1 Optic, Photo, Medical & Surgical Instruments

Bioscience $1.3 Billion 19.3%

2 Industrial Machinery, Including Computers

Technology $1.1 Billion 12.7%

3 Electric Machinery, Sound & TV Equipment

Technology $1.1 Billion 16.0%

4 Meat Agriculture $799 Million 22.1%

5 Photographic or Cinematography Goods

Technology $261 Million (14.0%)

6 Rawhides and Skins Agriculture $229 Million 21.3%

7 Aircraft, Spacecraft and Parts

Aerospace $216 Million (12.2%)

8 Plastics Manufacturing $184 Million 15.3%

9 Articles of Iron or Steel Infrastructure $172 Million 50.0%

10 Mineral Fuel, Oil, Mineral Wax

Natural Resources $159 Million (36.0%)

$7.37 Billion 9.0%

COLORADO EXPORTS TO TOP MARKETS (OUT OF 210 TOTAL)

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100,000,000

200,000,000

300,000,000

400,000,000

500,000,000

600,000,000

700,000,000

800,000,000

2009201020112012 YTD

COLORADO’S EXPORTS BY MARKET

STATE COMPARISONS

U.S. Rank

State Value % change over 2010

1 Texas $206 billion

21%

2 California

$143 billion

12%

3 New York

$67 billion

20%

4 Florida $55 billion

17%

5 Illinois $53 billion

29%

TOTAL U.S.

$1.35 trillion

16%

U.S. Rank

State Value % change over 2010

22 Utah $17.3 billion

39.3%

31 Kansas $10.6 billion

17.79%

36 Nebraska

$6.9 billion

30.76%

37 Colorado

$6.7 billion

8.78%

49 New Mexico

$1.8 billion

32.88%

50 Wyoming

$1.1 billion

24.46%

Top Exporting States Neighbors

COLORADO’S METROPOLITAN EXPORTS

Metro Area Value % of total CO Exports

Denver-Aurora $4.3 billion 53.1%

Colorado Springs $1.3 billion 16%

Boulder $727 million 9%

Greeley $713 million 8%

Fort Collins $584 million 7%

SERVICE EXPORTS - INTERNATIONAL VISITORS

The top countries originating visitors to Colorado (in order of volume)1. Canada 6. Japan

2. Mexico 7. Brazil

3. United Kingdom & Ireland 8. Italy

4. Germany, Austria & Switzerland 9. Spain

5. France & Belgium 10. Australia

SERVICE EXPORTS - EDUCATION

International Students in Colorado increased 10.1% in 2010-2011 over the previous academic year

7,688 International Students studying in Colorado

Estimated student expenditures: $235 million

Country # of Students

Total $

China 1,653 21.5%

Saudi Arabia

1,122 14.6%

India 753 9.8%

Taiwan 269 3.5%

Top Institution for Enrollment

University of Colorado Boulder

University of Denver

Colorado State University

University of Colorado Denver

Colorado School of Mines

EXAMPLES OF COLORADO EXPORTERS

COLORADO’S IMPORTS - THE WHOLE STORY

Top Imports

1. Mineral Fuel 6. Furniture

2. Electronics 7. Vehicles

3. Industrial Machinery, Including Computers

8. Aircraft

4. Optical/Medical Equipment 9. Items Made of Iron/Steel

5. Pharmaceuticals 10. Plastics

Imports are up 3%, totaling $11,745,273,509

Colorado has a trade imbalance of $4,412,776,253

COLORADO IMPORTS

COLORADO’S TOP IMPORT MARKETS

Country Imports Top Product Imported

1. Canada $3,865,435,159 Crude Oil

2. China $1,938,558,929 Digital Processors

3. Mexico $682,182,766 X-Ray Plates, Sensors

4. Germany $590,847,036 Generators

5. Switzerland $557,201,577 Aircraft

6. India $399,422,850 Pharmaceuticals

7. Australia $356,592,824 Hearing Aids

8. Korea $237,223,128 Circuit Boards

9. France $231,395,244 Aircraft

10.Japan $225,452,085 Sound Recording Equip.

TOTAL $11,745,273,509

EXAMPLES OF COLORADO IMPORTERS

COLORADO FIRMS WITH GLOBAL OPERATIONS

FOREIGN DIRECT INVESTMENT IN COLORADO

National Colorado Co Rank

Jobs 5.3 Million 79,000 25

Gross Property, Plant & Equipment

$1.3 Trillion *Estimated$30 Billion

15

Commercial Property

$162 Billion $2.6 Billion 19

ORIGIN OF FDI IN COLORADO

Netherlands4%

Germany7%

Japan7%

Switzerland8%

France9%

Canada12%United Kingdom

18%

Other35%

By Employment

FDI INDUSTRY BREAKOUT

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STATE COMPARISONS

State Employees

U.S. 5.3 million

California 561,000

Texas 409,500

New York 386,100

Pennsylvania 255,000

Illinois 250,800

State Employees

Colorado 79,000

Arizona 73,100

Kansas 53,400

Utah 28,800

Nebraska 23,600

New Mexico 16,000

Wyoming 9,100

Top States for FDI Neighbors

DIRECT FLIGHTS IMPACTING TRADE

Veracruz, Mexico

Sao Paulo, Brazil

New York, NYEstimated completion date, 2014

Bahrain

WORLD TRADE CENTER DENVER

INFORM EDUCATE

ADVOCATE

CONNECT

• Established 1987• Member-based

organization• Privately funded• Partnership-focused• Rocky Mountain World

Trade Center Institute

BENEFITS TO MEMBERSHIP

Worldwide Expansive Network

• World Trade Centers Association

• 330 centers, 100 countries, 1 million affiliated companies

• Reciprocal Services

• WTC Club, e-commerce, tenant services, office and conference facilities overseas, group trade missions

World-Class Educational Programs

Weekly Newsletters, Updates

International Business Resources

• Market research services

• Offices of government agencies and trade specialists

• International business publications and databases

Networking Opportunities, Programs, & Events

World Trade Center Denver – 303-592-5760 – www.wtcdenver.org

Colorado International Trade Office – 303-892-3850 – www.colorado.gov/trade

Colorado Department of Agriculture – 303-239-4118 – www.coloradoagriculture.com

U.S. Export Assistance Center – 303-844-6623 – www.export.gov

CONTACT YOUR LOCAL RESOURCES FOR HELP

CONTACT US

Karen Gerwitz, Executive Director

www.wtcdenver.org

(303) 592–5760