Statistics
Georgia's trade growth double the national average
September 25th, 2007
Georgia’s trade with the world is growing at a faster rate than all Top 25 Customs districts except San Juan, Puerto Rico, through the first seven months of the year, according to WorldCity analysis of the most recent U.S. Census data.
(See statistics at bottom of story.)
The Savannah Customs district, which includes the entire state of Georgia, registered an increase of 13.1 percent, almost double the national average of 6.7, and only slightly lower than the 15.2 percent of San Juan.
The tally through the first seven months was $52.6 billion in total trade, with exports at $18. 5 billion, imports at $34.1 billion and the deficit at $15.6 billion.
Georgia’s trade, led by the seaport in Savannah as well as Hartsfield Jackson Atlanta International Airport and the seaport in Brunswick, has been growing rapidly for years, primarily fueled by Asian trade. Now the 10th-largest Customs district in the nation, it has been No. 13 only four years ago.
Nevertheless, the 13.1 percent growth rate through July is the slowest rate of growth for the first seven months of the year since 2003. The growth percentage was 14.4 percent in through July 2006, 19.9 percent in 2005 and 26.3 percent in 2004.
China’s trade with the Savannah Customs district and most of that trade comes in containers through the Port of Savannah continues at a blistering pace, up almost $2 billion through July, or 24 percent.
Other fast-growing trade partners are No. 6 Ireland, No. 9 Singapore and No. 15 Brazil. Ireland’s primary trade with the state is pharmaceutical imports, and they are flown in to Atlanta. Georgia has a surplus with Singapore, and the trade is led by exports of regional jets, optical fibers and contact lenses. Brazil’s trade is varied and fairly balanced.
Three nations’ trade with Georgia are down through the first seven months No. 2 Japan is off $283 million, Switzerland is off $104 million and down three positions to No. 27 in the rankings, and Mexico has fallen four positions to No. 29 on a decrease of $127 million.
| Change | YTD Rank | Total Trade | July 2007 YTD | Dollar Change | Percent Change |
|---|---|---|---|---|---|
| World Total | $52,586,404,010 | $6,083,830,088 | 13.08% | ||
| 0 | 1 | China | $10,075,404,787 | $1,954,226,063 | 24.06% |
| 0 | 2 | Japan | $4,554,079,033 | $(282,684,945) | -5.84% |
| 0 | 3 | Germany | $4,490,341,418 | $306,274,740 | 7.32% |
| 0 | 4 | South Korea | $2,808,863,841 | $99,226,542 | 3.66% |
| 0 | 5 | United Kingdom | $2,497,438,397 | $(2,022,813) | -0.08% |
| 0 | 6 | Ireland | $2,111,226,403 | $409,001,937 | 24.03% |
| 1 | 7 | Italy | $1,668,063,292 | $268,326,047 | 19.17% |
| -1 | 8 | Australia | $1,621,777,459 | $182,641,235 | 12.69% |
| 4 | 9 | Singapore | $1,505,259,161 | $461,276,902 | 44.18% |
| 0 | 10 | Malaysia | $1,433,876,107 | $105,577,803 | 7.95% |
| -2 | 11 | Taiwan | $1,391,516,439 | $13,135,855 | 0.95% |
| -1 | 12 | France | $1,346,131,632 | $235,644,634 | 21.22% |
| -1 | 13 | Netherlands | $1,283,463,261 | $203,138,555 | 18.80% |
| 0 | 14 | Belgium | $990,123,752 | $176,386,347 | 21.68% |
| 3 | 15 | Brazil | $881,798,726 | $256,372,010 | 40.99% |
| -1 | 16 | Thailand | $866,368,199 | $76,988,397 | 9.75% |
| -1 | 17 | Indonesia | $754,512,387 | $62,234,437 | 8.99% |
| 1 | 18 | Spain | $702,443,279 | $77,086,058 | 12.33% |
| -2 | 19 | Sweden | $669,018,615 | $11,883,508 | 1.81% |
| 2 | 20 | Turkey | $650,469,521 | $162,798,204 | 33.38% |
| -1 | 21 | Trinidad and Tobago | $626,883,275 | $15,283,873 | 2.50% |
| 1 | 22 | India | $605,452,217 | $138,687,280 | 29.71% |
| -2 | 23 | Hong Kong | $570,450,036 | $65,025,494 | 12.87% |
| 2 | 24 | Israel | $522,076,327 | $99,506,295 | 23.55% |
| 4 | 25 | Egypt | $479,008,429 | $214,564,119 | 81.14% |
| 1 | 26 | Russia | $351,760,754 | $(25,925,565) | -6.86% |
| -3 | 27 | Switzerland | $348,545,561 | $(104,285,564) | -23.03% |
| 0 | 28 | Venezuela | $347,567,498 | $(25,970,461) | -6.95% |
| -4 | 29 | Mexico | $303,378,093 | $(126,819,051) | -29.48% |
| 12 | 30 | Canada | $302,210,181 | $168,787,111 | 126.51% |
| 3 | 31 | Philippines | $280,659,882 | $101,151,769 | 56.35% |
| 0 | 32 | Vietnam | $276,339,082 | $89,022,274 | 47.52% |
| -2 | 33 | Pakistan | $270,133,705 | $34,971,410 | 14.87% |
| -1 | 34 | Saudi Arabia | $267,305,273 | $81,616,191 | 43.95% |
| -5 | 35 | Finland | $236,278,236 | $(20,080,762) | -7.83% |
| 0 | 36 | Austria | $216,316,159 | $59,365,832 | 37.82% |
| 2 | 37 | Jordan | $205,616,626 | $51,861,708 | 33.73% |
| 8 | 38 | United Arab Emirates | $205,083,790 | $94,863,216 | 86.07% |
| -4 | 39 | New Zealand | $187,675,964 | $28,539,728 | 17.93% |
| 0 | 40 | Bangladesh | $186,566,130 | $34,837,208 | 22.96% |
| -4 | 41 | Czech Republic | $168,203,285 | $11,796,118 | 7.54% |
| -1 | 42 | Portugal | $167,598,226 | $26,647,997 | 18.91% |
| 11 | 43 | Denmark | $153,290,571 | $72,563,178 | 89.89% |
| 1 | 44 | Colombia | $144,008,154 | $26,218,845 | 22.26% |
| -7 | 45 | South Africa | $127,043,614 | $(28,835,137) | -18.50% |
| -2 | 46 | Norway | $122,281,795 | $4,348,539 | 3.69% |
| 5 | 47 | Greece | $113,365,484 | $26,382,484 | 30.33% |
| 1 | 48 | Dominican Republic | $105,663,484 | $2,808,854 | 2.73% |
| 9 | 49 | Poland | $101,301,331 | $32,128,899 | 46.45% |
| 16 | 50 | Slovakia | $99,468,484 | $57,751,228 | 138.43% |
| 2 | 51 | Chile | $94,003,632 | $11,796,933 | 14.35% |
| -4 | 52 | Hungary | $93,398,625 | $(11,429,227) | -10.90% |
| -2 | 53 | Argentina | $93,125,727 | $(4,466,286) | -4.58% |
| 1 | 54 | Peru | $93,030,496 | $12,500,312 | 15.52% |
| -12 | 55 | Guatemala | $89,834,719 | $(41,290,279) | -31.49% |
| 13 | 56 | Jamaica | $80,547,948 | $41,555,738 | 106.57% |
| 16 | 57 | Nigeria | $75,703,345 | $38,775,745 | 105.00% |
| 3 | 58 | El Salvador | $74,689,218 | $14,418,166 | 23.92% |
| 1 | 59 | Cambodia | $69,152,065 | $5,378,742 | 8.43% |
| 3 | 60 | Sri Lanka | $65,001,328 | $15,397,312 | 31.04% |
| -4 | 61 | Kuwait | $61,291,149 | $(10,411,151) | -14.52% |
| 5 | 62 | Luxembourg | $59,611,886 | $18,806,060 | 46.09% |
| 8 | 63 | Ukraine | $58,002,215 | $20,677,987 | 55.40% |
| 6 | 64 | Panama | $56,137,542 | $18,246,188 | 48.15% |
| 17 | 65 | Lithuania | $54,012,285 | $34,546,885 | 177.48% |
| -2 | 66 | Costa Rica | $49,342,107 | $2,591,842 | 5.54% |
| -11 | 67 | Nicaragua | $47,964,407 | $(26,963,376) | -35.99% |
| -6 | 68 | Macao | $47,648,644 | $(3,203,956) | -6.30% |
| -4 | 69 | Bermuda | $47,442,282 | $2,474,770 | 5.50% |
| 46 | 70 | Equatorial Guinea | $40,122,059 | $37,047,255 | 1204.87% |
| 21 | 71 | Latvia | $40,039,824 | $30,495,866 | 319.53% |
| 0 | 72 | Honduras | $39,233,698 | $2,043,459 | 5.49% |
| 6 | 73 | Estonia | $38,320,227 | $11,031,952 | 40.43% |
| 2 | 74 | Romania | $34,069,074 | $1,077,390 | 3.27% |
| 11 | 75 | New Caledonia | $34,064,805 | $20,237,005 | 146.35% |
| 1 | 76 | Slovenia | $30,334,050 | $1,347,109 | 4.65% |
| -2 | 77 | Bahrain | $29,729,208 | $(4,843,917) | -14.01% |
| -10 | 78 | Iraq | $29,282,152 | $(11,097,436) | -27.48% |
| -5 | 79 | Qatar | $29,065,375 | $(5,763,924) | -16.55% |
| -2 | 80 | Ecuador | $28,260,113 | $27,909 | 0.10% |
| 2 | 81 | Morocco | $23,475,078 | $5,578,390 | 31.17% |
| 13 | 82 | Guyana | $23,004,020 | $14,256,179 | 162.97% |
| 10 | 83 | Haiti | $22,470,193 | $12,965,489 | 136.41% |
| -4 | 84 | Iran | $22,133,253 | $(2,347,793) | -9.59% |
| -4 | 85 | Ghana | $20,719,758 | $(401,811) | -1.90% |
| -2 | 86 | Lebanon | $19,176,371 | $2,141,505 | 12.57% |
| 11 | 87 | Oman | $17,070,428 | $9,252,451 | 118.35% |
| 24 | 88 | Georgia | $16,425,099 | $12,600,849 | 329.50% |
| 1 | 89 | Afghanistan | $16,416,248 | $6,591,704 | 67.09% |
| -5 | 90 | Croatia | $14,905,225 | $(1,613,879) | -9.77% |
| -2 | 91 | Bulgaria | $13,514,877 | $3,584,360 | 36.09% |
| -45 | 92 | Netherlands Antilles | $13,180,152 | $(93,152,890) | -87.60% |
| 11 | 93 | Cote d'Ivoire | $12,712,998 | $7,285,673 | 134.24% |
| 3 | 94 | Tunisia | $11,835,330 | $3,945,422 | 50.01% |
| -45 | 95 | Kazakhstan | $11,557,195 | $(86,693,852) | -88.24% |
| -8 | 96 | Algeria | $11,492,260 | $302,218 | 2.70% |
| 11 | 97 | Libya | $11,152,561 | $6,187,194 | 124.61% |
| -11 | 98 | Uruguay | $11,001,619 | $(1,410,180) | -11.36% |
| 3 | 99 | Belize | $9,929,165 | $4,372,542 | 78.69% |
| 10 | 100 | Angola | $9,690,155 | $5,049,246 | 108.80% |
Georgia cracks Top 10 for first time in modern era, slips past Buffalo (02/13/2007)
Georgia to make a run at Buffalo for Top 10 ranking (01/25/2007)
Georgia's trade with China blasts ahead (12/11/2006)
Georgia's LatAm trade increasing with Brazil, Mexico, Trinidad (11/01/2006)
Six-month report: Trade is up but volatility abounds (09/08/2006)
Annual Report: No. 24 Switzerland- Swiss-bound exports take off (09/06/2006)
Annual Report: No. 13 Singapore- Free trade pact pays off (07/20/2006)
Annual Report: No. 18 Indonesia- Tapping tariff relief (07/09/2006)
Annual Report: No. 16 Sweden- Keeping on a growth path (07/08/2006)
Annual Report: No. 17 Trinidad & Tobago- Energy provides trade edge (07/08/2006)
Annual Report: No. 15 Thailand- Breaking a billion (07/07/2006)
Annual Report: No. 14 Belgium- Beyond diamonds (07/06/2006)
Annual Report: No. 11 Taiwan- Playing the tech card (07/03/2006)
Annual Report: No. 10 Italy- Trade, Italian-style (07/02/2006)
Annual Report: No. 9 Australia- Capturing the Aussie market (07/01/2006)
Annual Report: No. 8 The Netherlands- One-sided trade exchange (06/30/2006)
Annual Report: No. 6 Malaysia- Tech trade skyrockets (06/28/2006)
Annual Report: No. 5 United Kingdom- Striking a balance (06/27/2006)
Annual Report: No. 4 South Korea- Vehicle, textile imports soar (06/25/2006)
Annual Report: No. 3 Germany- Autos drive German trade (06/24/2006)
Annual Report: No. 7 Ireland- The right prescription (06/18/2006)
Annual Report: No. 1 China- Cotton and furniture lead roster (06/18/2006)
Annual Report: No. 12 France- Flying high with France (06/16/2006)
Annual Report: No. 19 Hong Kong- Sweetening the surplus (06/16/2006)
Annual Report: No. 20 Spain- Robust exchange with Spain (06/16/2006)
Annual Report: No. 22 India- Diversity marks trade with India (06/16/2006)
Annual Report: No. 23 Venezuela- Giant oil producer sees gains (06/16/2006)
Annual Report: No. 25 Israel- building new trade lanes (06/16/2006)
Annual Report: No. 26 Mexico- Aircraft exports take flight (06/16/2006)
Annual Report: No. 2 Japan good for Gulfstream, Georgia Pacific (06/15/2006)
Annual Report: No. 21 Brazil- Timber products play role (06/15/2006)
Georgia making first move into Top 10 in total U.S. trade (05/22/2006)
Georgia tops $70 billion in trade
Malaysia's trade doubles; phone equipment triples (02/14/2006)