Global Trade and PA - Latest Statistics Show Importance of Trade

Posted by Tina

n  17.9% of all manufacturing jobs in PA depend on exports, up from 10.1% in 1992 (2008 data)

n  Export-supported jobs linked to manufacturing account for an estimated 5.1 percent of Pennsylvania's total private-sector employment

n  A total of 13,139 companies exported goods from PA locations in 2008. Of those, 11,720 (89 percent) were small and medium-sized enterprises

n  PA export shipments of merchandise totaled $34.8 billion in 2010

n  PA’s top export destinations in 2010:

        1.  Canada ($10.2 billion)

        2.  China ($2.7 billion)

        3.  Mexico ($2.4 billion)

        4. Japan ($1.7 billion)

        5. Germany ($1.4 billion)

n  In 2008, foreign-controlled companies employed 263,500 Pennsylvania workers, accounting for  5.1% of the state's total private-industry employment in 2008

n  PA is home to over 6000 foreign owned firms

n  PA’s major sources of investment in 2008:

      1.  UK

      2.  Germany

      3.  Netherlands

      4.  Canada