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Louisiana exports grew by 9.3 percent to $32.1 billion
Posted on 8/13/14 at 7:37 am
Posted on 8/13/14 at 7:37 am
quote:
La. exports up 9.3 percent at midyear
Louisiana exports grew by 9.3 percent to $32.1 billion during the first half of the year, according to figures from the World Trade Center of New Orleans.
The export growth — fueled by agriculture and oil and gas goods — enabled Louisiana to remain in sixth place among all of the states, U.S. territories and the District of Columbia. Louisiana accounted for 3.6 percent of the $804 billion in total U.S. exports through midyear.
“After a slower year in 2013 and a currently sluggish national export growth at 3 percent, Louisiana’s midyear numbers are very exciting. Exports from our state are up 9.3 percent over the last year and outpacing the national average,” said Dominik Knoll, chief executive officer of the World Trade Center. “This is due to great efforts from our Louisiana exporters, who are getting strong support from the state, entities like us, as well as from federal agencies such as the Department of Commerce.”
Louisiana’s two main export markets remained unchanged from 2013, with Mexico and China retaining 10.4 percent and 9.5 percent of the market share, respectively, followed by Canada, the Netherlands and Japan, with Colombia, Egypt, France, Brazil and Panama close behind.
ADVOCATE
Those numbers will really improve when the Panama Canal expansion finishes up in 16 months. And there may be yet another expansion of the canal ahead...
quote:
Even though the current expansion is still incomplete, a Chinese delegations says it’s interested in even bigger locks at the Panama Canal
BY MIMI WHITEFIELD
MWHITEFIELD@MIAMIHERALD.COM
PANAMA CITY, Panama -- With some 16 months to go before Panama expects to finish its canal expansion, could another set of locks to handle even bigger ships be in its future?
Panama Canal: Is another expansion in the cards?
Posted on 8/13/14 at 7:44 am to Thib-a-doe Tiger
do u even incoterms brah?
Posted on 8/13/14 at 7:49 am to TigersOfGeauxld
Who was in front of us? I'm assuming TX, OH, CA, MI, & possibly GA?
This post was edited on 8/13/14 at 7:51 am
Posted on 8/13/14 at 8:18 am to GeorgeReymond
You are probably right, the Carolinas have to be up there too.
This post was edited on 8/13/14 at 8:19 am
Posted on 8/13/14 at 8:40 am to TigersOfGeauxld
We need more imports in New Orleans. I have container capacity issues out of the New Orleans port. I have to send material to California and the Carolinas. Long Beach has a huge port and has much more container capacity.
Posted on 8/13/14 at 9:15 am to TigersOfGeauxld
Does "exports" mean Louisiana produced goods only? Or U.S. produced goods leaving through Louisiana ports?
Posted on 8/13/14 at 9:30 am to LSUJuice
quote:
Does "exports" mean Louisiana produced goods only? Or U.S. produced goods leaving through Louisiana ports?
through Louisiana ports, including chemical plants, grain transfer facilities, etc.
not really an important number when it comes down to it...it's a PR thing for the state and port commissions
almost 50% were petroleum products and soybeans.
when they talk about the 'port of new orleans', they include chemical plants on the river and grain elevators...same with port of baton rouge and lake charles
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