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-1- New England Economic Statistics and Economic Relationship with Japan As of August, 2017 Massachusetts (1) Major Statistics A. Population: 6,811,779 (2016 estimate; increase of 0.4% since 2015), number 15 among U.S. States and the District of Columbia (Source: U.S. Bureau of Economic Analysis/2016 Census Data Estimate) B. State Current Dollar GDP (2016): $516.48 billion, number 12 among U.S. States and the District of Columbia (Source: U.S. Bureau of Economic Analysis) C. Per Capita Income (2016): $65,137, number 2 among U.S. States and the District of Columbia (Source: U.S. Bureau of Economic Analysis) D. Unemployment Rate (May 2017): 4.2%, number 24 among U.S. States and the District of Columbia (Source: U.S. Bureau of Labor Statistics) E. Number of Eligible Employed Workers in Workforce (July 2017, Seasonally Adjusted): 3,708,806, increase of 3.4% since July 2016 (Source: U.S. Bureau of Labor Statistics) (2) Industries & Companies A. Major Industries: Life Sciences (Pharmaceutical, Biotech, Medical Devices), Knowledge Economy (Computers, Technology, Law, Scientific Research, Economic Consulting), High-Tech (Computer Software, Communication Devices), Finance (Asset Management, Venture Capital, Insurance, Investment Banking)

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Page 1: New England Economic Statistics and Economic Relationship ...Equipment Global Partners 334 Waltham 8.2 Wholesalers: Diversified Eversource Energy 358 Springfield 7.6 Utilities: Gas

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New England Economic Statistics and

Economic Relationship with Japan

As of August, 2017

Massachusetts

(1) Major Statistics

A. Population: 6,811,779 (2016 estimate; increase of 0.4% since 2015), number 15

among U.S. States and the District of Columbia (Source: U.S. Bureau of Economic

Analysis/2016 Census Data Estimate)

B. State Current Dollar GDP (2016): $516.48 billion, number 12 among U.S. States and

the District of Columbia (Source: U.S. Bureau of Economic Analysis)

C. Per Capita Income (2016): $65,137, number 2 among U.S. States and the District of

Columbia (Source: U.S. Bureau of Economic Analysis)

D. Unemployment Rate (May 2017): 4.2%, number 24 among U.S. States and the

District of Columbia (Source: U.S. Bureau of Labor Statistics)

E. Number of Eligible Employed Workers in Workforce (July 2017, Seasonally

Adjusted): 3,708,806, increase of 3.4% since July 2016 (Source: U.S. Bureau of

Labor Statistics)

(2) Industries & Companies

A. Major Industries: Life Sciences (Pharmaceutical, Biotech, Medical Devices),

Knowledge Economy (Computers, Technology, Law, Scientific Research, Economic

Consulting), High-Tech (Computer Software, Communication Devices), Finance

(Asset Management, Venture Capital, Insurance, Investment Banking)

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【Source: U.S. Bureau of Economic Analysis】

B. Major Companies: Fortune 500 Companies headquartered in Massachusetts: 13

Companies

Name Fortune

500 Rank Headquarters

Revenue

($ billions) Industry Type

General Electric

(Boston) 13 Boston 126.7

Industrial

Machinery

Liberty Mutual

Insurance Group 75 Boston 38.3

Insurance: Property

& Casualty (Stock)

Massachusetts Mutual

Life Insurance 77 Springfield 37.8

Insurance: Life,

Health (Mutual)

TJX 87 Framingham 33.2 Specialty Retailers:

Apparel

Raytheon 116 Waltham 24.1 Aerospace &

Defense

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Staples 140 Framingham 20.2 Specialty Retailers:

Other

Thermo Fisher

Scientific 154 Waltham 18.3

Scientific,

Photographic and

Control Equipment

Biogen 248 Cambridge 11.4 Pharmaceuticals

State Street Corp. 271 Boston 10.6 Commercial Banks

Boston Scientific 327 Marlborough 8.4 Medical Products &

Equipment

Global Partners 334 Waltham 8.2 Wholesalers:

Diversified

Eversource Energy 358 Springfield 7.6 Utilities: Gas and

Electric

American Tower 449 Boston 5.8 Telecommunications

(Source: 『Fortune 500』2017 Edition)

(3) Economic Statistics Related to Japan (Source: U.S. Department of Commerce, Census

Bureau, Foreign Trade Statistics)

A. Massachusetts’ Exports in 2016 (Total: $25.892 billion, increase of 2.4% since 2015)

Major export partner countries: 1) Canada, 2) Mexico, 3) China, … 7) Japan

Value of exports to Japan: $1.400 billion (decrease of 5.2% since 2015)

Major exports to Japan: Computer and Electronic Goods, Miscellaneous

Manufactured Commodities, Chemicals, Machinery (except electrical), etc.

Massachusetts’ Top Export Partners in 2016

Rank Country Exports ($ Millions) 2015-2016 Change 2015 Rank

1 Canada 3,107 -1.8% 1

2 Mexico 2,471 -5.8% 2

3 China 2,167 5.5% 3

4 Switzerland 1,769 72.6% 9

5 Germany 1,635 -14.4% 4

7 Japan 1,400 -5.2% 5

Exports to Japan

Year Exports ($ Millions) Change from prior year

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2011 2,044 -0.1%

2012 1,993 -2.5%

2013 1,763 -11.6%

2014 1,858 5.4%

2015 1,476 -20.6%

2016 1,400 -5.2%

B. Massachusetts’ Imports in 2016 (Total: $33.801 billion, increase of 0.4% since 2015)

Major import partner countries: 1) Canada, 2) China, 3) Mexico, … 4) Japan

Value of Imports to Japan: $2.352 billion (increase of 90.7% since 2015)

Major imports from Japan: Chemicals, Transportation Equipment, Computer and

Electronic Products, Machinery (except electrical), Fish (fresh/chilled/frozen & other

marine products), etc.

Massachusetts’ Top Import Partners from 2016

Rank Country Imports ($ Millions) 2015-2016 Change 2015 Rank

1 Canada 7,231 -6.3% 1

2 China 4,349 -1.3% 2

3 Mexico 3,534 -10.3% 3

4 Japan 2,352 90.7% 7

5 Ireland 2,043 15.7% 5

Imports from Japan

Year Imports ($ Millions) Change from prior year

2011 876 15.0%

2012 926 5.7%

2013 863 -7.3%

2014 935 8.3%

2015 1,231 31.7%

2016 2,043 90.7%

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C. Number of Japanese-Owned Companies in Massachusetts: 202

D. Number of Employees in Japanese-Owned Businesses in Massachusetts: 14,900

Source: Consulate General of Japan in Boston Annual Survey (Oct. 2016), U.S.

Bureau of Economic Analysis

(4) Contact Information for International Trade Assistance in Massachusetts

A. State Agencies

Executive Office of Housing & Economic Development

Office of International Trade and Investment

B. U.S. Department of Commerce

Boston Export Assistance Center

Maine

(1) Major Statistics

A. Population: 1,331,479 (2016 estimate; increase of 0.2% since 2015), number

42 among U.S. States and the District of Columbia (Source: U.S. Bureau of

Economic Analysis/2016 Census Data Estimate)

B. State Current Dollar GDP (2016): $59.28 billion, number 44 among U.S. States and

the District of Columbia (Source: U.S. Bureau of Economic Analysis)

C. Per Capita Income (2016): $44,571, number 32 among U.S. States and the

District of Columbia (Source: U.S. Bureau of Economic Analysis)

D. Unemployment Rate (May 2017): 3.2%, number 39 among U.S. States and the

District of Columbia (Source: U.S. Bureau of Labor Statistics)

E. Number of Eligible Employed Workers in Workforce (July 2017, Seasonally

Adjusted): 704,707, increase of 1.7% since July 2016 (Source: U.S. Bureau of Labor

Statistics)

(2) Industries and Companies

A. Major Industries: Paper Making, Textiles, Semi-Conductors, Munitions and Defense,

Shipbuilding, Tourism, Agriculture (potatoes, blueberries, and eggs), and Fishing

(lobster and sea urchin)

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【Source: U.S. Bureau of Economic Affairs】

B. Major Companies

Fortune 500 Companies Headquartered in Maine: None

Source: 2017 Edition『Fortune 500』

(3) Economic Statistics Related to Japan (Source: U.S. Department of Commerce, Census

Bureau, Foreign Trade Statistics)

A. Maine’ Exports in 2016 (Total: $2.875 billion, increase of 4.1% since 2015)

Major export partner countries: 1) Canada, 2) Germany, 3) China…5) Japan

Value of exports to Japan: $93 million (increase of 14.1% since 2015)

Major exports to Japan: Transportation Equipment, Fish (fresh/chilled/frozen & other

marine products), Chemicals, Special Classification Provisions (NESOI), etc.

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Maine’s Top Export Partners in 2016

Rank Country Exports ($ Millions) 2015-2016 Change 2015 Rank

1 Canada 1,366 4.7 1

2 Germany 216 108.9% 4

3 China 207 -2.6% 3

4 Malaysia 165 -21.0% 2

5 Japan 93 14.1% 5

Exports to Japan

Year Exports

($ Millions)

Change from

prior year

2011 108 25.3%

2012 126 16.4%

2013 121 -4.0%

2014 98 -19.3

2015 82 -16.3%

2016 93 14.1

B. Maine’s Imports in 2016 (Total: $3.354 billion, decrease of 9.0% since 2015)

Major import partner countries: 1) Canada, 2) China, 3) United Kingdom, … 9) Japan

Value of imports from Japan: $64 million (increase of 4.2% since 2015)

Major imports from Japan: Computer and Electronic Products, Transportation Equipment, Machinery (except electrical), Fish (fresh/chilled/frozen & other marine products), etc.

Maine’s Top Import Partners in 2016

Rank Country Imports ($ Millions) 2015-2016 Change 2015 Rank

1 Canada 1,708 -12.4% 1

2 China 370 -20.8% 2

3 United Kingdom 141 28.8% 3

4 Germany 107 17.7% 4

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5 Denmark 84 10.2% 6

9 Japan 64 4.2% 9

Imports from Japan

Year Imports ($ Millions) Change from prior year

2011 46 21.1%

2012 54 19.1%

2013 47 -14.9%

2014 65 37.6%

2015 61 -6.2%

2016 64 4.2%

C. Number of Japanese-Owned Companies in Maine: 9

D. Number of Employees of Japanese-owned Companies in Maine: 1,300

Source: Consulate General of Japan in Boston Annual Survey (Oct. 2016), U.S.

Bureau of Economic Analysis

(4) Contact Information for International Trade Assistance in Maine

A. State Agencies

Dept. of Economic & Community Development

Maine International Trade Center

B. U.S. Department of Commerce

Portland Export Assistance Center

New Hampshire

(1) Major Statistics

A. Population: 1,334,795 (2016 estimate; increase of 0.4% since 2015), number

41 among U.S. States and the District of Columbia (Source: U.S. Bureau of

Economic Analysis/2016 Census Data Estimate)

B. State Current Dollar GDP (2016): $77.86 billion, number 40 among U.S. States and

the District of Columbia (Source: U.S. Bureau of Economic Analysis)

C. Per Capita Income (2016): $58,322, number 5 among U.S. States and the

District of Columbia (Source: U.S. Bureau of Economic Analysis)

D. Unemployment Rate (May 2017): 2.9%, number 46 among U.S. States and the

District of Columbia (Source: U.S. Bureau of Labor Statistics)

E. Number of Eligible Employed Workers in Workforce (July 2017, Seasonally

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Adjusted): 752,757, increase of 0.5% since July 2016 (Source: U.S. Bureau of Labor

Statistics)

(2) Industries and Companies

A. Major Industries: Computer and Technology Accessories, Timber, Furniture, Paper

Making, Leatherworks, Textiles, and Tourism

【Source: U.S. Bureau of Economic Analysis】

B. Companies

Fortune 500 Companies Headquartered in New Hampshire: None

Source: 2017 Edition『Fortune 500』

(3) Economic Statistics Related to Japan (Source: U.S. Department of Commerce, Census

Bureau, Foreign Trade Statistics)

A. New Hampshire’s Exports in 2016 (Total: $4.143 billion, increase of 3.5% since

2015)

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Major export partner countries: 1) Canada, 2) Mexico, 3) China, … 13) Japan

Value of exports to Japan: $131 million (increase of 19.8% since 2015)

Major exports to Japan: Computer and Electronic Products, Waste and Scrap,

Transportation Equipment, Chemicals, etc.

New Hampshire’s Top Export Partners in 2016

Rank Country Exports ($ millions) 2015-2016 Change 2015 Rank

1 Canada 558 4.3% 1

2 Mexico 442 -12.1% 2

3 China 302 6.8% 3

4 Germany 236 30.5% 6

5 United Arab Emirates 207 -25.9% 4

13 Japan 131 19.8% 12

Exports to Japan

Year Exports ($ millions) Change from prior year

2011 105 -9.4%

2012 121 14.6%

2013 103 -14.9%

2014 111 7.9%

2015 110 -0.9%

2016 131 19.8%

B. New Hampshire’s Imports in 2016 (Total: $8.611 billion, decrease of 7.5% from

2015)

Major import partner countries: 1) Canada, 2) China, 3) Germany, … 5) Japan

Value of imports from Japan: $215 million (increase of 84.2% since 2015)

Major imports from Japan: Transportation Equipment, Machinery (except electrical),

Fabricated Metal Products (NESOI), Chemicals, etc.

New Hampshire’s Top Import Partners in 2016

Rank Country Imports ($ Millions) 2014-2015 Change 2014 Rank

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1 Canada 4,274 -12.8% 1

2 China 908 -21.0% 2

3 Germany 525 -1.0% 3

4 Mexico 428 -12.3% 4

5 Japan 215 84.2% 9

Imports from Japan

Year Imports ($ Millions) Change from prior year

2011 94 -4.0%

2012 95 0.5%

2013 86 -10.6%

2014 93 8.9%

2015 117 25.8%

2016 215 84.2%

C. Number of Japanese-Owned Companies in New Hampshire: 14

D. Number of Employees in Japanese-Owned Businesses in New Hampshire: 4,400

Source: Consulate General of Japan in Boston Annual Survey (Oct. 2016), U.S.

Bureau of Economic Analysis

(4) Contact Information for International Trade Assistance in New Hampshire

A. State Agencies

Dept. of Resources and Economic Development

International Trade Resource Center

B. U.S. Department of Commerce

Portsmouth Export Assistance Center

Vermont

(1) Major Statistics

A. Population: 624,594 (2016 estimate, decrease of 0.2% since 2015), number 50 among

U.S. states and the District of Columbia (Source: U.S. Bureau of Economic

Analysis/2016 Census Data Estimate)

B. State Current Dollar GDP (2016): $31.09 billion, number 51 among U.S. states and

the District of Columbia (Source: U.S. Bureau of Economic Analysis)

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C. Per Capita Income (2016): $50,321, number 19 among U.S. states and the District of

Columbia (Source: U.S. Bureau of Economic Analysis)

D. Unemployment Rate (May 2017): 3.2%, number 39 among U.S. states and the

District of Columbia

E. Number of Eligible Employed Workers in the Workforce (July 2017, seasonally

adjusted): 343,850, decrease of 0.4% since July 2016 (Source: U.S. Bureau of Labor

Statistics)

(2) Industries and Companies

A. Major Industries: Tourism, Computer and Technology Accessories, Machinery, Food,

Agriculture (Dairy and Maple Products), Mining (Granite)

【Source: U.S. Bureau of Economic Analysis】

B. Fortune 500 Companies Headquartered in Vermont: None

Source: 2017 Edition『Fortune 500』

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(3) Economic Statistics related to Japan (Source: U.S. Department of Commerce, Census

Bureau, Foreign Trade Statistics)

A. Vermont’s Exports in 2016 (Total: $2.990 billion, decrease of 6.0% from 2015)

Major export partner countries: 1) Canada, 2) Hong Kong, 3) Malaysia, … 11) Japan

Value of exports to Japan: $57 million (decrease of 30.1% since 2015)

Major exports to Japan: Computer and Electronic Products, Machinery (Except

Electrical), Special Classification Provisions (NESOI), Transportation Equipment, etc.

Vermont’s Top Export Partners in 2016

Rank Country Exports ($ millions) 2015-2016 Change 2015 Rank

1 Canada 1,188 1.3% 1

2 Hong Kong 352 16.9% 2

3 Malaysia 193 -16.9% 3

4 China 176 -19.9% 4

5 South Korea 153 14.7% 6

11 Japan 57 -30.1% 11

Exports to Japan

Year Exports ($ millions) Change from prior year

2011 115 -39.9%

2012 179 56.3%

2013 153 -14.4%

2014 111 -27.3%

2015 81 -27%

2016 57 -30.1%

B. Vermont’s Imports in 2016 (Total: $3.704 billion, decrease of 8.8% from 2015)

Major import partner countries: 1) Canada, 2) China, 3) France, … 4) Japan

Value of imports from Japan: $85 million (increase of 41.2% since 2015)

Major imports from Japan: Computer and Electronic Products, Transportation

Equipment, Machinery (except electrical), Chemicals, etc.

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Vermont’s Top Import Partners in 2016

Rank Country Imports ($ millions) 2015-2016 Change 2015 Rank

1 Canada 2,560 -12.3% 1

2 China 248 -6.5% 2

3 France 119 118.5% 8

4 Japan 85 41.2% 7

5 Vietnam 62 -16.4% 3

Imports from Japan

Year Imports ($ millions) Change from prior year

2011 48 -60.0%

2012 48 0.8%

2013 53 9.4%

2014 38 -28.5%

2015 61 60.5%

2016 85 41.2%

C. Number of Japanese-Owned Companies in Vermont: 4

D. Number of Employees of Japanese-Owned Businesses in Vermont: 700

Source: Consulate General of Japan in Boston Annual Survey (Oct. 2016), U.S.

Bureau of Economic Analysis

(4) Contact Information for International Trade Assistance in Vermont

A. State Agencies

Dept. of Economic Development

Vermont Global Trade Partnership

B. U.S. Department of Commerce

Montpelier Export Assistance Center

Rhode Island

(1) Major Statistics

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A. Population: 1,056,426 (2016 estimate, increase of 0.1% since 2015), number 43

among U.S. states and the District of Columbia (Source: U.S. Bureau of Economic

Analysis/2016 Census Data Estimate)

B. State Current Dollar GDP (2016): $57.43 billion, number 45 among U.S. states and

the District of Columbia (Source: U.S. Bureau of Economic Analysis)

C. Per Capita Income (2016): $51,576, number 16 among U.S. states and the District of

Columbia (Source: U.S. Bureau of Economic Analysis)

D. Unemployment Rate (May 2017): 4.1%, number 27 among U.S. states and the

District of Columbia (Source: U.S. Bureau of Labor Statistics)

E. Number of Eligible Employed Workers in the Workforce (July 2017, seasonally

adjusted): 556,928, increase of 0.8% since July 2016 (Source: U.S. Bureau of Labor

Statistics)

(2) Industries and Companies

A. Major Industries: Metallic, Machinery, Munitions and Defense, Leisure Boating, and

Seafood Processing

【Source: U.S. Bureau of Economic Analysis】

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B. Fortune 500 Companies Headquartered in Rhode Island: 4 Companies

Name

Fortune

500

Rank

Headquarters Revenue

($ billions) Industry Type

CVS Health 7 Woonsocket 177.5 Food & Drug Stores

Textron 200 Providence 13.8 Aerospace & Defense

United Natural

Foods 325 Providence 8.5

Wholesalers: Food &

Grocery

Citizens Financial

Group 451 Providence 5.8 Commercial Banks

(Source: 『Fortune 500』2017 Edition)

(3) Economic Statistics Related to Japan (Source: U.S. Department of Commerce, Census

Bureau, Foreign Trade Statistics)

A. Rhode Island’s Exports in 2016 (Total: $2.278 billion, increase of 6.8% since 2015)

Major export partner countries: 1) Canada, 2) Mexico, 3) China, … 7) Japan

Value of exports to Japan: $92 million (increase of 40.3% since 2015)

Major exports to Japan: Chemicals, Primary Metal Manufacturing, Machinery (except

electrical), Computer and Electronic Products, etc.

Rhode Island’s Top Export Partners in 2016

Rank Country Exports ($ millions) 2015-2016 Change 2015 Rank

1 Canada 531 0.0% 1

2 Mexico 208 15.2% 2

3 China 163 25.6% 4

4 Dominican Republic 154 66.4% 6

5 Taiwan 101 155.8% 13

7 Japan 92 40.3% 9

Exports to Japan

Year Exports ($ millions) Change from prior year

2011 27 -16.3%

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2012 78 182.3%

2013 33 -57.1%

2014 62 87.0%

2015 66 6.5%

2016 92 403.%

B. Rhode Island’s Imports in 2016 (Total: $8.748 billion, increase of 6.2% from 2015)

Major import partner countries: 1) Germany, 2) China, 3) Mexico, … 4) Japan

Value of imports from Japan: $842 million (increase of 1,691.5% since 2015)

Major imports from Japan: Transportation Equipment, Chemicals, Machinery (except

electrical), etc.

Rhode Island’s Top Import Partners in 2016

Rank Country Imports ($ millions) 2015-2016 Change 2015 Rank

1 Germany 2,257 -4.3% 1

2 China 1,186 -0.1% 3

3 Mexico 1,153 -5.0% 2

4 Japan 842 1,691.5% 21

5 UK 540 2.4% 4

Imports from Japan

Year Imports ($ millions) Change from Prior Year

2011 164 43.3%

2012 198 21.2%

2013 50 -74.7%

2014 76 50.3%

2015 47 -38.2%

2016 842 1,691.5%

C. Number of Japanese-Owned Companies in Rhode Island: 11

D. Number of Employees in Japanese-Owned Businesses in Rhode island: 2,000

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Source: Consulate General of Japan in Boston Annual Survey (Oct. 2016), U.S.

Bureau of Economic Analysis

(4) Contact Information for International Trade Assistance in Rhode Island

A. State Agencies

Rhode Island Commerce Corporation (Commerce RI)

B. U.S. Department of Commerce

Providence Export Assistance Center

Connecticut

(1) Major Statistics

A. Population: 3,576,452 (2016 estimate, decrease of 0.2% since 2015), number 29 out

of U.S. states and the District of Columbia (Source: U.S. Bureau of Economic

Analysis/2016 Census Data Estimate)

B. State Current Dollar GDP (2016): $263.38 billion, number 23 among U.S. States and

the District of Columbia (Source: U.S. Bureau of Economic Analysis)

C. Per Capita Income (2016): $71,033, number 1 among U.S. states and the District of

Columbia (Source: U.S. Bureau of Economic Analysis)

D. Unemployment Rate (May 2017) 4.9%, number 8 among U.S. states and the District

of Columbia (Source: U.S. Bureau of Labor Statistics)

E. Number of Eligible Employed Workers in the Workforce (July 2017, Seasonally

Adjusted): 1,933,386 , increase of 2.2% since July 2016 (Source: U.S. Bureau of

Labor Statistics)

(2) Industries and Companies

A. Major Industries: Machinery (Elevators, Air Conditioner Parts), Munitions and

Defense (Helicopters, Nuclear Submarines), Finance, Insurance

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【Source: U.S. Bureau of Economic Analysis】

B. Fortune 500 Companies Headquartered in Connecticut: 18 Companies

Company Name Fortune

500 Rank Headquarters

Revenue

($ billions) Industry Type

Aetna 43 Hartford 63.2

Health Care:

Insurance &

Managed Care

United

Technologies 50 Farmington 57.2 Aerospace & Defense

Cigna 70 Bloomfield 39.7

Health Care:

Insurance &

Managed Care

Charter

Companies 96 Stamford 29.0 Telecommunications

Hartford Financial

Services Group 153 Hartford 18.3

Insurance: Property

and Casualty (Stock)

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Xerox 162 Norwalk 17.1 Information

Technology Services

Synchrony

Financial 185 Stamford 15.1

Diversified

Financials

XPO Logistics 191 Greenwich 14.6 Transportation &

Logistics

Stanley Black &

Decker 250 New Britain 11.4

Home Equipment,

Furnishings

Priceline Group 268 Norwalk 10.7 Internet Services &

Retailing

Praxair 275 Danbury 10.5 Chemicals

Frontier

Communications 313 Norwalk 8.9 Telecommunications

W.R. Berkley 354 Greenwich 7.7 Insurance: Property

& Casualty (Stock)

EMCOR Group 360 Norwalk 7.6 Engineering,

Construction

Harman

International

Industries

386 Stamford 6.9 Electronics, Electrical

Equip.

Amphenol 424 Wallingford 6.3

Network & Other

Communications

Equipment

Terex 445 Westport 5.8 Construction & Farm

Machinery

United Rentals 452 Stamford 5.8 Miscellaneous

(Source: 『Fortune 500』2017 Edition)

(3) Economic Statistics Related to Japan (Source: U.S. Department of Commerce, Census

Bureau, Foreign Trade Statistics)

A. Connecticut’s Exports in 2016 (Total: $14.394 billion, decrease of 5.6% since 2015)

Major export partner countries: 1) France, 2) Germany, 3) Canada, … 8) Japan

Value of exports to Japan: $526 million (decrease of 0.1% since 2015)

Main export items to Japan: Transportation Equipment, Machinery (except electrical),

Computer and Electronic Products, Special Classification Provisions (NESOI), etc

Connecticut’s Top Export Partners in 2016

Rank Country Exports ($

Millions) 2015-2016 Change 2015 Rank

1 France 1,953 0.5% 1

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2 Germany 1,642 -0.8% 2

3 Canada 1,363 0.8% 3

4 UAE 1,242 -22.0% 4

5 Mexico 1,060 -19.6% 5

8 Japan 526 -0.1% 8

Exports to Japan

Year Exports ($ millions) Change from Prior

Year

2011 582 22.0%

2012 574 -1.5%

2013 529 -7.8%

2014 540 2.1%

2015 525 -2.8%

2016 526 -0.1%

B. Connecticut’s Imports in 2016 (Total: $21.319 billion, decrease of 17.9% since 2015)

Major import partner countries: 1) Canada, 2) United Kingdom, 3) Mexico, … 7)

Japan

Value of Imports from Japan: $846 million (decrease of 10.5% since 2015)

Major imports from Japan: Transportation Equipment, Computer and Electronic

Products, Machinery (except electrical), etc.

Connecticut’s Major Import Partners in 2016

Rank Country Imports ($

millions) 2015-2016 Change 2016 Rank

1 Canada 2,902 -15.9% 2

2 UK 2,549 -54.1% 1

3 Mexico 2,493 0.6% 4

4 China 2,307 -23.9% 3

5 Germany 1,446 -25.3% 5

7 Japan 846 -10.5% 6

Imports from Japan

Year Imports ($ millions) Change from prior year

2011 883 4.9%

2012 994 12.6%

2013 1,069 7.0%

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2014 1,091 2.0%

2015 948 -13.1%

2016 846 -10.5%

C. Number of Japanese-Owned Companies in Connecticut: 11 (excluding Fairfield

County)

D. Number of Employees in Japanese-Owned Companies in Connecticut: 7,100

(excluding Fairfield County)

Source: Consulate General of Japan in Boston Annual Survey (Oct. 2016), U.S.

Bureau of Economic Analysis

(4) Contact Information for International Trade Assistance in Connecticut

A. State Agencies

Dept. of Economic and Community Development

Office of Business and Industry Development

B. U.S. Department of Commerce

Middletown Export Assistance Center

Last modified: August 23, 2017

© Consulate-General of Japan in Boston

Federal Reserve Plaza

600 Atlantic Avenue, 22nd Floor

Boston, MA 02210

Tel: (617) 973-9772

Fax: (617) 542-1329