Utah Export Snapshot – May 2016 2015
2016
% Change
In the month of May
$1.06 BILLION
$0.87 BILLION
-17.81%
Year-to-date as of May
$7.50 BILLION
$5.07 BILLION
-32.34%
April 2016
May 2016
$1.24 BILLION
$0.87 BILLION
Compared to last month‌ WTC Utah Observations The value of Utah exports to the United Kingdom dipped in this month. This value for May decreased by nearly 83% from the month before with metals as the commodity primarily responsible.
Breakdown of Exports Metals vs Value Added Metals (NAICS 212 & 331)
-29.84%
Top 5 Export Destinations
Value Added
Hong Kong Canada 28.5%
The total value of Utah exports dipped after reaching the highest point for 2016 the month previous.
For more specific trade data, contact a member of WTC Utah trade services team at 801-532-8080.
United Kingdom Mexico 71.5%
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 $1,000
$467
$456
$416 $800
$1,171
$871 All Other Exports
$648 $142
$600
$157
$158
Computer & Electronics
$470
Metals (NAICS 212 & 331) $400
$391
$577 $200 $0
$153
$618
$557
$188
$248
$70 January
February
March
April
May
June
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 May 2016 Metals (NAICS 212 & 331) Computer & Electronic Products (NAICS 334) Chemicals (NAICS 325) Transportation Equipment (NAICS 336) Food & Kindred Products (NAICS 311) Other
25.9%
28.5%
8.8% 17.6%
9.6% 9.7%
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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
May-16
Mar-16
Jan-16
Nov-15
Sep-15
Jul-15
May-15
Mar-15
Jan-15
Nov-14
Sep-14
Jul-14
May-14
Mar-14
Jan-14
Nov-13
Sep-13
Jul-13
May-13
Mar-13
Jan-13
Nov-12
Sep-12
Jul-12
May-12
Mar-12
Jan-12
Nov-11
Sep-11
Jul-11
May-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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2016 Top 5 Export Destinations by Month $1,000
Exports in Millions of U.S. $
$900 $800
$55 $51
$700 $600
$63 $50 $59
$56 $62 $70
Switzerland China
$204
$500
$200 $100 $0
$608
$91
$400 $300
Japan
$482
$59 $86 $49 $46 $91
$366
January
February
Taiwan
$60 $73
Mexico
$105
United Kingdom
$114
Canada Hong Kong
$109
$113
$140
March
April
May
June
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 - $132.42 1. 2. 3. 4. 5.
Taiwan Mexico Singapore China Canada
Life Sciences - $6.08 1. 2. 3. 4. 5.
Canada Japan China Germany Hong Kong
Energy & Natural Resources - $21.78 1. 2. 3. 4. 5.
Canada Mexico Israel China Australia
Outdoor Recreation - $43.41 1. 2. 3. 4. 5.
Netherlands Japan Ireland China Switzerland
IT & Software - $87.98 1. 2. 3. 4. 5.
Canada Japan China Germany Hong Kong
Non-Cluster - $1,447.23 1. 2. 3. 4. 5.
Hong Kong United Kingdom Canada Mexico China
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Utah Export Stats May 2016 May 2015 Total Exports
$
1,059,380,529
May 2016 $
870,682,599
% change 20162015 -17.81%
Top 5 Industries (NAICS) Metals (NAICS 212 & 331) 334 Computer & Electronic Products 325 Chemicals 336 Transportation Equipment 311 Food & Kindred Products
$432,451,892 $181,135,929 $83,752,816 $61,942,322 $72,003,206
$247,872,246 $152,845,260 $84,197,209 $83,692,255 $76,996,191
-42.68% -15.62% 0.53% 35.11% 6.93%
$139,632,254 $114,012,233 $105,419,660 $72,990,320 $60,126,572
1353.31% -8.98% -76.46% -11.61% 9.68%
Top 5 Destinations (ranked by $ value) Hong Kong Canada United Kingdom Mexico Taiwan
$9,607,907 $125,264,280 $447,768,923 $82,579,244 $54,821,577
Year-to-Date - through May 2015 through May Total Exports
$
7,498,129,700
2016 through May $
5,067,555,914
% change 20162015 -32.42%
Top 5 Industries (NAICS) Metals (NAICS 212 & 331) 334 Computer & Electronic Products 325 Chemicals 311 Food & Kindred Products 336 Transportation Equipment
$3,218,863,750 $1,389,213,853 $815,958,937 $696,417,266 $585,979,520
$2,069,396,835 $798,184,176 $426,159,963 $378,879,187 $352,186,097
-35.71% -42.54% -47.77% -45.60% -39.90%
$1,445,213,222 $551,158,335 $517,064,382 $307,792,939 $301,773,532
38.00% -36.03% -18.76% -10.16% -21.39%
Top 5 Destinations (ranked by $ value) United Kingdom Hong Kong Canada Taiwan Mexico
$1,047,237,233 $861,577,482 $636,447,973 $342,599,459 $383,864,301
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