ATLANTA — Mayor Kasim Reed announced today that the Atlanta metropolitan region is ranked as a top area for exports in a new report released by U.S. Secretary of Commerce Penny Pritzker. The Atlanta metropolian area ranked 18th in International Trade Administration’s 2014 Metropolitan Area Export Overview with a record $19.9 billion in goods exports last year. Atlanta goods exports increased by $1 billion, or 5.5 percent, from 2013 to 2014.
“Ensuring local companies and entrepreneurs have access to overseas markets will strengthen our economy by adding jobs and facilitating innovation,” said Mayor Kasim Reed. “I look forward to helping foster and support mutually beneficial relationships between local businesses and international trade partners so our city can compete more effectively in the global marketplace.”
U.S. metropolitan area goods exports exceeded $1.44 trillion in 2014, up $36 billion from 2013, accounting for 89 percent of total U.S. goods exports last year. For the first time ever, 161 metropolitan areas tallied merchandise exports worth more than $1 billion in 2014.
“More and more U.S. businesses understand that 96 percent of their potential customers live outside the United States, and that selling their world-class goods in the global marketplace is critical to their bottom line,” said U.S. Secretary of Commerce Penny Pritzker. “New high-standard trade agreements are one way the Obama Administration is working to help open more markets for U.S. companies. We remain focused on helping to increase the number of companies that take advantage of these exporting opportunities, creating jobs and strengthening both the local Atlanta and national economy.”
Atlanta Metropolitan Area Export Highlights for 2014:
. Increased goods exports for a fifth consecutive year;
. One of 139 metro areas to achieve record goods export levels;
. Atlanta sent 52.2 percent of its goods exports to markets where the United States has trade agreements;
. Key merchandise export categories included transportation equipment; machinery; computer and electronic products; chemicals; and processed foods;
. Canada, Mexico, Singapore, Korea, and Germany were leading destinations for Atlanta’s goods exports.
In June, Mayor Reed was joined by metro Atlanta leaders to launch the Atlanta Metropolitan Export Plan (MEP), a strategic initiative to stimulate growth in the region by creating quality jobs through exports. The published report outlines strategies to increase exports and can be downloaded at
https://cp.mcafee.com/d/avndyhJ5xBNxMQsLThdTdILff9Iec6SnDDATQm3rbPPOr3zxJ6XZTDzhOqerI6VQ9NGJgDafwGfWveiLQlZ2mYKrz-DPAHZ5vgBLbCO3HRLd7bX_nV5Ytt6WfnKnjpppVdVxwQsIfZh5dqWqJT7-l3PWApmU6CS3qdPtPtPpjx2p-MDEQ7Hlzcblzfj-ndw2lSA_y2JCvI9WhTydj9IttWZPoBapoQgltd40xc_ojQ0Ph04x18Qg1fxzzh07uJIpG_2pEwGWq81aGGLNJVEw1uMaQd40xc_ojQQgrgQgqq80jloQg3vPzlqFYFX0Qg24vQQgeRyq81EfmH6t3h0rhKCrZubA.
Exports are shown to add jobs to regional economies. The International Trade Administration reports that for every $1 billion generated in exports, an additional 5,800 new jobs are created. With 95 percent of the world’s consumers located outside the U.S., the potential for growing exports is tremendous.
For more information on the impact of Metropolitan Statistical Areas on U.S. exports, including fact sheets for the top 50 exporting MSAs in 2014, visit
https://cp.mcafee.com/d/2DRPoOrhopsosd7bZQjtPrbPPOr3z1JBVVVdZ5wSOYYYCMUUrhK_tVUQsCzCX1Kt2sqHk9OzUaz-DPAHZ5vgBLbCU_FYVa_hnQ9rOVIwWZrPhO-_R-hv7nhKzRXBQSmmujuood7b3_khjmKCHtN_BgY-F6lK1FJYSzsTsTsS02D7kfUzkPyKQOmMNnVNH7RGNDw5Y3Po0BtFfUwHpDX2uAtUzkOr7nuLsS9iCmd45njh08jfS4Z0cQg18gid40jUoUQg1THr6qLMCq8aKCy0iGGHYruq80nI2J3h08jfS4Zd46Qd46Cy04Rmd40TYURmGvauMd40x7Zd43JoCy0q3RGNDgQg6QrFCM-fjZIlYCtu0.
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