GEORGIA S INTERNATIONAL TRADE SERVICES. Seminar featuring Federation of Israeli Chambers of Commerce July 18, 2012

Transcription

1 GEORGIA S INTERNATIONAL TRADE SERVICES Seminar featuring Federation of Israeli Chambers of Commerce July 18, 2012

2 WHY EXPORT? MORE JOBS Twice as many jobs as domestic trade HIGHER WAGES BETTER COMPANIES Benefits for Companies: Risks reduced! Extended product life cycle Increased profits Better competitive intelligence (keeps abreast of innovations and competition abroad) Benefits for Georgia: Twice as many jobs! 20% faster growth 9% less likely to go out of business 20% higher wages 250,000+ jobs in Georgia are due to trade

3 GEORGIA S EXPORTS 2011 RECORD YEAR FOR GA! $34.7 billion, # 12 among U.S. states Primary Destinations: Canada, China, Mexico, Singapore, Japan, Germany Primary Products: Aircraft, non-electric machinery, non-railway vehicles, electrical machinery, wood pulp National Leader: Woodpulp, Textile Floor Covering, Poultry, Kaolin, Paper/Paperboard (#2) Did you know?... Since 2006, Georgia mfg exports grew 42%; national average was 31%

4 GDECD HELPS COMPANIES EXPORT GLOBAL INSIGHT Providing companies with knowledge and resources to successfully export Research In-Country Market Assessment Education Partner Resources Did you know? Most GDEcD Trade services are free

5 GDECD HELPS COMPANIES EXPORT GLOBAL CONNECTIONS Matching Georgia suppliers with international buyers Trade Events In-Country Matching Incoming International Buyers Trade Opportunities Alert

6 GDECD TRADE CLIENTS Motivated, decidated and committed to the long-term. Willing to invest time and money in the int l process Limited international markets Executive in charge of international marketing decisions should be in Georgia (typically President or Marketing Director) In FY 12, 84% of companies assisted by GDEcD Trade had 100 employees or less; 55% had fewer than 20 employees

7 WHO DO WE HELP? New to Export Infrequent Exporters Experienced Manufacturers Assembly Operations Research and Development Distribution Headquarters Operations

8 GDECD HELPS COMPANIES EXPORT PARTNERS U.S. Commercial Service* Small Business Administration* Small Business Development Center Export-Import Bank Georgia Department of Agriculture Georgia Department of Technical & Adult Education Minority Business Development Agency Service Corps of Retired Executives * Co-located with GDEcD Trade

9 GDECD HELPS COMPANIES EXPORT E-Star Award for excellence in exporting White House, May 2007

10 GEORGIA S INTERNATIONAL OFFICES

11 WHY IS GEORGIA IN ISRAEL? Stable economy, companies very active internationally The U.S. is Israel's largest single country trade partner. Israel is a leading technology hub and business gateway for Georgia companies. U.S. oldest FTA (since 1985). U.S. exports increased 536% since FTA implementation. Georgia exports grew 109% from Nov to Georgia office opened in 1994 based on Big Emerging Market analysis by U.S. Department of Commerce. Since opening, Georgia s office has helped hundreds of Georgia companies.

12 GEORGIA S TRADE OFFICE IN ISRAEL 20+ years experience, mainly in the private sector. Served in senior positions with a number of public and private companies. Successfully negotiating multi-million dollar deals with numerous strategic partners. Worked in the Embassy of Israel in Washington, D.C. Speaks Hebrew and English. Tel: +972 (9) rkenan@georgia.org Mr. Ronen Kenan Managing Director

13 TRADE SERVICED OFFERED BY ISRAEL REP Business Partner Identification* Supplier Identification / Incoming Buyer Delegations* Customized In-Country Appointments Events (trade shows / missions) Quick Market Assessment Due Diligence Requests Tips for Doing Business Market Accelerator Reports *Most Popular Trade Services for Israel Most of GDEcD s Trade Services are Free of Charge

14 ADDITIONAL FY 13 EVENTS AND ACTIVITIES FOR ISRAEL Georgia Exporters Directory ( Incoming G.R.O.W Buyers International Representatives Visit March 2013 (tentative) Trade Opportunities Alert

15 Who to Call? Building Products (Alice Carson) Chemicals (Taube Ponce) Environmental Products & Services (Dawn Townsend) ICT (Ryan Thornton) Life Sciences (Mary Waters) Food & Ag, South Ga (Kathy Oxford) Food & Ag, North Ga (Shehzin Jafar)

16 THANK YOU FOR KEEPING GEORGIA ON YOUR MIND! Kathe Falls, Director, International Trade Global Commerce Georgia Department of Economic Development 75 Fifth Street NW, Suite 1200 Atlanta, Georgia T: E: