Utah Export Snapshot – June 2016 2015
2016
% Change
In the month of June
$1.32 BILLION
$0.92 BILLION
-30.02%
Year-to-date as of June
$6.72 BILLION
$5.98 BILLION
-10.84%
May 2016
June 2016
$0.87 BILLION
$0.92 BILLION
Compared to last month‌ WTC Utah Observations The United Kingdom dropped out of the top 5 destinations for Utah for the first time in 22 months.
Breakdown of Exports Metals vs Value Added Metals (NAICS 212 & 331)
Top 5 Export Destinations
Value Added
Canada Hong Kong
The total value of exports increased from the previous month, but continues to lag when compared to the previous year with metals as the commodity primarily responsible.
For more specific trade data, contact a member of WTC Utah trade services team at 801-532-8080.
5.74%
32.6%
Mexico Switzerland 67.4%
Taiwan
*All data used in this report was obtained from usatrade.census.gov. The most recent data is two months behind due to a lag in the data.
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Utah Exports (Metals, Computer & Electronics, All Other Exports) 2016 $1,400 $1,242 $1,135
Exports in millions of U.S. $
$1,200
$1,171
$1,000
$456
$416 $800
$467
$920
$871
All Other Exports
$648 $142
$600
$158
$157
$465
$470
Computer & Electronics Metals (NAICS 212 & 331)
$400
$391
$577 $200 $0
$557
$618
$188
$155
$153 $248
$300
May
June
$70 January
February
March
April
July
August
September
October
November December
2015 & 2016 Exports by Month $1,400
$1,135
Exports in millions of U.S. $
$1,200
$1,171
$1,314
$1,242
$1,215 $1,102
$1,189 $1,000
$1,064 $982
$1,156
$1,148 $1,120
$1,040
$1,041
$871
$800
$911 2015
$600
648
2016
$400 $200 $0 January
February
March
April
May
June
July
August
September
October
November
December
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Utah's Top 5 Export Commodities June 2016 Metals (NAICS 212 & 331) Computer & Electronic Products (NAICS 334) Chemicals (NAICS 325) Transportation Equipment (NAICS 336) Food & Kindred Products (NAICS 311) Other
22.9% 32.6%
8.2% 9.1% 10.3%
16.9%
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5-Year Rolling Total Export Overview by Month
Exports in Billions of U.S. $
$2.50
$2.00
$1.50 Total Exports Metals
$1.00
Value Added $0.50
Jun-16
Apr-16
Feb-16
Dec-15
Oct-15
Aug-15
Jun-15
Apr-15
Feb-15
Dec-14
Oct-14
Aug-14
Jun-14
Apr-14
Feb-14
Dec-13
Oct-13
Aug-13
Jun-13
Apr-13
Feb-13
Dec-12
Oct-12
Aug-12
Jun-12
Apr-12
Feb-12
Dec-11
Oct-11
Aug-11
Jun-11
$0.00
Billions
10-Year Export Overview $25.0
$19.0
$20.0
$19.3 $16.1
$15.0
$13.8 $10.3
$10.0
$13.3 $7.7
$7.8 $5.0
Value Added
$12.3
$10.3
$6.8
$4.6
Metals (NAICS 212 & 331)
$7.4
All Commodities
$5.9
$0.0 2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
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Exports in Millions of U.S. $
2016 Top 5 Export Destinations by Month $1,000 $900
$56 Japan
$800
$50
$700
China
$204
$600
$55 $51
$500
$482
$105 $60 $73
$400 $300 $200 $100 $-
$59 $46 $86 $49 $91 January
United Kingdom
$608
$366
Taiwan
$59 $73 $81
Switzerland Mexico
$136
$140
$91
$63 $59 $109
$62 $70 $113
$114
$146
February
March
April
May
June
Hong Kong Canada July
August
September
October
November
December
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May 2016 Top Export Destinations by Utah Economic Clusters In millions of U.S. $
Aerospace & Defense - $99.86 1. 2. 3. 4. 5.
Japan Germany Netherlands Canada China
Life Sciences - $69.59 1. 2. 3. 4. 5.
Netherlands Canada Japan China South Korea
Energy & Natural Resources - $24.14 1. 2. 3. 4. 5.
Canada Mexico Australia Brazil Thailand
Outdoor Recreation - $24.08 1. 2. 3. 4. 5.
Germany Canada France Netherlands Mexico
IT & Software - $106.42 1. 2. 3. 4. 5.
Taiwan China Singapore Canada Malaysia
Non-Cluster - $918.33 1. 2. 3. 4. 5.
United Kingdom Canada Mexico China South Korea
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Utah Export Stats June 2016 June 2015 Total Exports
$
1,315,166,113
June 2016 $
920,334,646
% change 20162015 -30.02%
Top 5 Industries (NAICS) Metals (NAICS 212 & 331) 334 Computer & Electronic Products 325 Chemicals 336 Transportation Equipment 311 Food & Kindred Products
$706,663,862 $153,553,896 $98,122,625 $84,016,635 $76,066,649
$299,909,698 $155,137,349 $95,036,070 $83,937,255 $75,337,133
-57.56% 1.03% -3.15% -0.09% -0.96%
$146,322,503 $136,041,844 $80,957,158 $72,754,765 $58,898,079
12.83% 1089.21% 18.71% 2137.83% 63.02%
Top 5 Destinations (ranked by $ value) Canada Hong Kong Mexico Switzerland Taiwan
$129,686,455 $11,439,692 $68,194,904 $3,251,124 $36,128,635
Year-to-Date - through June 2015 through June Total Exports
$
6,715,943,132
2016 through June $
5,987,890,560
% change 20162015 -10.84%
Top 5 Industries (NAICS) Metals (NAICS 212 & 331) 334 Computer & Electronic Products 325 Chemicals 311 Food & Kindred Products 336 Transportation Equipment
$2,963,673,813 $1,102,132,998 $538,757,376 $451,390,835 $405,109,715
$2,369,306,533 $953,321,525 $521,196,033 $454,216,320 $436,123,352
-20.06% -13.50% -3.26% 0.63% 7.66%
$1,492,911,284 $687,200,179 $663,386,885 $382,730,690 $366,691,018
-10.28% -21.28% -13.41% -15.34% -3.18%
Top 5 Destinations (ranked by $ value) United Kingdom Hong Kong Canada Mexico Taiwan
$1,663,915,405 $873,017,174 $766,134,428 $452,059,205 $378,728,094
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