global market opportunities for u.s. moldmakers -- mexico & canada
TRANSCRIPT
Global Market Opportunities for U.S. Moldmakers
Mexico & Canada
March 26, 2014
Presented By:Michael D. Taylor, Senior Director, International Affairs and Trade
Upcoming Global Market Opportunities for U.S. Moldmakers Webinars
August 26 Brazil, Russia, India and China
November 18 Europe
Agenda
• Macroeconomic Overview• Ease of Doing Business• Trade Flows & Market Opportunities• Trade Missions• Global Market Opportunities• Q&A
Michael Taylor Michael Taylor is Senior Director for International Affairs and Trade at SPI: The Plastics Industry Trade Association. Mr. Taylor serves as SPI’s primary staff expert on international trade policy, programs, and activities. He advises SPI staff and membership on the impact of international trade law and regulatory actions, and advocates SPI positions before government officials and other policy makers. Mr. Taylor organizes and leads trade missions, provides trade facilitation services, and assists member companies in market entry planning and execution. Prior to his current responsibilities, Mr. Taylor was Director, Europe and Multilateral Programs of the Global Intellectual Property Center (GIPC) at the U.S. Chamber of Commerce. Mr. Taylor is a part-time lecturer in political science at Trinity Washington University in Washington, DC. He has taught undergraduate and graduate courses in American politics, comparative politics, international relations, political economy, and research methods for more than twenty years. He received his B.A. in International Affairs from the Elliott School of International Affairs at the George Washington University, and his M.A. in World Politics from the Catholic University of America.
Macroeconomic Overview
Mexico GDP Annual Growth Rate
Canada GDP Annual Growth Rate
Mexico Unemployment Rate
Canada Unemployment Rate
Mexico Labor Costs
Canada Labor Costs
Mexico Labor Productivity
Canada Labor Productivity
Mexico Business Confidence Index
Canada Business Confidence Index
Mexico Total New Cars
Canada Total New Cars
Mexico Manufacturing PMI
Canada Manufacturing PMI
Ease of Doing Business Index
Mexico Ease of Doing Business
EconomyEase of Doing Business Rank
Starting a Business
Dealing with Construction
Permits
Getting Electricity
Registering Property
Getting CreditProtecting Investors
Paying TaxesTrading Across Borders
Enforcing Contracts
Resolving Insolvency
Peru 42 8 23 19 1 4 2 6 6 15 17
Colombia 43 14 8 22 4 9 1 12 20 25 2
Mexico 53 5 10 28 25 6 11 17 7 5 3
Panama 55 3 15 3 7 7 13 30 1 21 18
Guatemala 79 23 14 9 2 1 25 8 24 11 16
Uruguay 88 4 30 6 28 9 17 23 18 15 8
Costa Rica 102 18 20 13 3 12 26 20 5 22 20
Grenada 107 11 2 18 27 22 5 9 8 26 29
Paraguay 109 19 17 14 6 12 11 18 31 14 25
Brazil 116 20 25 2 11 19 13 26 27 19 21Dominican Republic 117 22 24 25 14 12 17 13 3 7 26
El Salvador 118 24 28 30 5 7 26 28 9 4 13
Nicaragua 124 20 29 23 19 19 22 27 14 1 12
Argentina 126 27 32 20 20 9 17 25 29 2 14
Canada Ease of Doing Business
EconomyEase of Doing Business Rank
Starting a Business
Dealing with Construction
Permits
Getting Electricity
Registering Property
Getting CreditProtecting Investors
Paying TaxesTrading Across Borders
Enforcing Contracts
Resolving Insolvency
New Zealand 3 1 3 17 1 2 1 9 12 12 11
United States 4 6 9 6 8 2 3 20 13 9 15
Denmark 5 14 1 8 2 9 11 3 4 18 9
Korea, Rep. 7 10 5 2 24 6 14 10 1 2 14
Norway 9 18 8 7 3 24 10 7 16 4 2
United Kingdom 10 8 7 24 23 1 6 4 9 22 6
Australia 11 3 2 13 15 2 19 16 24 10 16
Finland 12 19 10 9 9 15 19 8 5 8 3
Iceland 13 17 13 1 5 15 14 13 27 3 10
Sweden 14 20 6 5 14 15 11 15 2 15 17
Ireland 15 4 29 27 20 6 3 1 11 25 7
Canada 19 2 30 30 18 9 2 2 23 23 8
Germany 21 26 3 3 25 9 24 25 8 5 12
Estonia 22 20 12 18 6 15 19 12 3 16 29
Japan 27 28 21 10 22 9 8 31 14 19 1
Trade Flows & Market Opportunities
U.S.-Mexico Trade Statistics 2012
In 2012: – U.S. plastics industry exported goods valued at more
than $13.6 billion, up 9.4 percent from 2011
• Resins: $6.8 billion (+5.7 percent)
• Products: $6.2 billion (+12.3 percent)
• Machinery: $196 million (+23.2 percent)
• Molds: $352 million (+33.7 percent)
– Plastics imports were up 7.2 percent to $3.6 billion
– Positive trade balance of more than $10 billionSource: SPI “Global Trends” (2013)
U.S.-Canada Trade Statistics 2012
In 2012: – U.S. plastics industry exported goods valued at $12.5
billion, up 2.9 percent from 2011
• Resins: $5.9 billion (+0.3 percent)
• Products: $6.3 billion (+5.4 percent)
• Machinery: $212 million (+13.5 percent)
• Molds: $107 million (-10.7 percent)
– Plastics imports were down 0.1 percent to $11.1 billion
– Positive trade balance of more than $1.4 billionSource: SPI “Global Trends” (2013)
U.S.-Mexico Trade Statistics 2013
In 2013: – U.S. plastics industry exported goods valued at more
than $14.8 billion, up 9.1 percent from the same period in 2012
• Resins: $7.4 billion (+7.0 percent)
• Products: $6.9 billion (+11.8 percent)
• Machinery: $204 million (+4.0 percent)
• Molds: $374 million (+6.4 percent)
– Plastics imports were up 7.7 percent to $3.9 billion
– Positive trade balance of more than $11 billion
U.S.-Canada Trade Statistics 2013
In 2013: – U.S. plastics industry exported goods valued at more
than $12.5 billion, up 0.4 percent from the same period in 2012
• Resins: $5.8 billion (-0.2 percent)
• Products: $6.4 billion (+1.3 percent)
• Machinery: $205 million (-3.3 percent)
• Molds: $88 million (-18.0 percent)
– Plastics imports were up 5.3 percent to $11.6 billion
– Positive trade balance of more than $1.4 billion
U.S. Plastics Industry Exports to Mexico 2000-2013
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
0
2,000,000,000
4,000,000,000
6,000,000,000
8,000,000,000
10,000,000,000
12,000,000,000
14,000,000,000
16,000,000,000
Industry Resins Products
U.S
. $ B
illio
ns
U.S. Plastics Industry Exports to Canada 2000-2013
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
0
2,000,000,000
4,000,000,000
6,000,000,000
8,000,000,000
10,000,000,000
12,000,000,000
14,000,000,000
Industry Resins Products
U.S
. $ B
illio
ns
U.S. Plastics Industry Exports to Mexico 2000-2013
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
130
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
300,000,000
350,000,000
400,000,000
Machinery Molds
U.S
. $
Mill
ion
s
U.S. Plastics Industry Exports to Canada 2000-2013
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
130
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
300,000,000
350,000,000
Machinery Molds
U.S
. $
Mill
ion
s
The Distribution of Molds Exports to Mexico 2012
46.0%
16.5%
13.9%
20.5%3.1%
INJECTION MOLDS, NESOI
INJECTION/COMPRESSION MOLDS FOR RUBBER, PLASTICS OR SHOE MACHINERY
NON-INJECTION/COMPRESSION MOLDS
COMPRESSION MOLDS, NESOI
INJECTION/COMPRESSION MOLDS FOR RUBBER, PLASTICS, OR MAN-UFACTURE OF SEMICONDUCTOR DEVICES
The Distribution of Molds Exports to Canada 2012
74.6%
18.7%
6.7%
INJECTION MOLDS, NESOI
NON-INJECTION/COMPRESSION MOLDS
COMPRESSION MOLDS, NESOI
U.S. Plastic Molds Exports to Mexico by Mold Type 2000-2013
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
130
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
Injection Molds, NESOI Compression Molds, NESOI Injection/Compression Molds for Shoe Machinery
Non-Injection/Compression Molds
Injection/Compression Molds for Semiconductor Devices
U.S
. $
Mill
ion
s
U.S. Plastic Molds Exports to Canada by Mold Type 2000-2013
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
130
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
Injection Molds, NESOI Non-Injection/Compression Molds
Compression Molds, NESOI
Injection/Compression Molds for Shoe Machinery
U.S
. $
Mill
ion
s
Trade Agreements Benefit U.S. Exports
• Exports to FTA partners are up 57% since 2009.• 46% of U.S. goods exports go to our trade agreement partners.• U.S. export growth to our FTA partners (57%) has grown more
rapidly than exports to the rest of the world (44%).• In 2013, 21 states had record-high exports to these partners.• As a share of goods export value, exports from SMEs exceed the
overall worldwide average of 33% in many FTA markets, including new partners South Korea, Colombia, and Panama.
• The U.S. has a $15.2 billion trade surplus in non-oil products with our FTA partners, nearly 70% higher than the 2009 value nearly 70% higher than the 2009 value.
• In 2013, plastic resin and products manufacturing (HS Chapter 39) had a $17.6 billion surplus with our FTA partners.
SPI 2013 Upcoming Trade Missions
Seoul, South Korea June 10-13, 2014 in conjunction with Korea Pack 2014 and KFPIC
Istanbul, Turkey December 4-7, 2014 in conjunction with Plast Eurasia 2014 and
PAGDER
Upcoming Global Market Opportunities for U.S. Moldmakers Webinars
June 4 Central & South America
August 26 Brazil, Russia, India and China
November 18 Europe
Thank You!
谢谢 Merci Vielen Dank
Grazie ありがとうございました 감사합니다 Obrigado Спасибо Gracias Teşekkürler
Questions & Answers
Michael [email protected]