The Trans-Pacific Partnership Would Expand Market Access
The Trans-Pacific Partnership (TPP) offers tremendous opportunities for U.S. exporters. TPP members comprise a population of roughly 800 million and these dynamic economies generate nearly 40 percent of global GDP. The United States already has strong trade and investment ties to this region; we exported $697.8 billion in goods to all TPP markets in 2013, or about 44 percent of total U.S. exports, and are seeking through TPP to further deepen our economic relations.
Oregon Trade Facts
-
In 2017, Oregon exported a record $21.9 billion of Made-in-America goods to the world. In 2016, exports from Oregon supported an estimated 87 thousand jobs.
Exports from Oregon and Jobs
-
Oregon was the 20th largest state exporter of goods in 2017.
-
In 2017, Oregon goods exports were $21.9 billion, an increase of 32 percent ($5.4 billion) from its export level in 2007.
-
Goods exports accounted for 9.3 percent of Oregon GDP in 2017.
-
Oregon goods exports in 2016 (latest year available) supported an estimated 87 thousand jobs. Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.
Made-in-America Manufacturing Exports from Oregon and Jobs
-
In 2017, Oregon exported $19.6 billion of manufactured products.
-
Oregon exports of manufactured products supported an estimated 82 thousand jobs in 2016.
-
The state's largest manufacturing export category is computer & electronic products, which accounted for $8.8 billion of Oregon's total goods exports in 2017.
-
Other top manufacturing exports are machinery, except electrical ($3.8 billion), chemicals ($2.2 billion), transportation equipment ($1.1 billion), and food & kindred products ($671 million).
Exports Sustain Thousands of Oregon Businesses many of which are SMEs
-
A total of 5,670 companies exported from Oregon locations in 2016 (latest year available). Of those, 5,032 (89 percent) were small and medium sized enterprises with fewer than 500 employees.
-
Small and medium-sized firms generated 21.4 percent of Oregon's total exports of goods in 2015.
Oregon Depends on World Markets
-
The state’s largest market was China. Oregon exported $3.9 billion in goods to China in 2017, representing 18 percent of the state’s total goods exports.
-
China was followed by Canada ($2.3 billion), Malaysia ($2.3 billion), Korea, South ($2.0 billion), and Japan ($1.8 billion).
-
Oregon’s exports (2017 value) to major world areas included:
|
2017 Value |
APEC |
$17.6 billion |
Asia |
$14.4 billion |
European Union |
$2.3 billion |
South/Central America and Caribbean |
$649 million |
Sub-Saharan Africa |
$93 million |
-
29 percent of Oregon’s exports ($6.3 billion) go to current FTA partners.
Agriculture in Oregon depends on Exports
-
Oregon is the country’s 23rd largest agricultural exporting state, shipping $1.8 billion in domestic agricultural exports abroad in 2016 (latest data available according to the U.S. Dept. of Agriculture).1
-
Top Agricultural exports (2016 value) were:
|
2016 Value |
2016 State Rank |
other plant products |
$937 million |
4 |
fruits, fresh |
$129 million |
4 |
fruits, processed |
$122 million |
4 |
tree nuts |
$107 million |
4 |
vegetables, processed |
$94 million |
11 |
International Investment Creates Jobs in Oregon
-
In 2015 (latest data available), foreign-controlled companies employed 61,700 Oregon workers. Major sources of foreign investment in Oregon included the United Kingdom, Germany and Japan.
-
Foreign investment in Oregon was responsible for 4.0 percent of the state's total private-industry employment in 2015.
Oregon’s Major Metropolitan Areas Benefit from Exporting
-
In 2016 (latest data available), the following metropolitan areas in Oregon recorded goods exports: Portland-Vancouver-Hillsboro ($20.3 billion), Albany ($620 million), Eugene ($372 million), Salem ($358 million), Corvallis ($230 million), Bend-Redmond ($215 million), Medford ($179 million), Grants Pass ($42 million).
1Estimates of state exports of agricultural products by the U.S. Dept. of Agriculture and goods exports by the U.S. Dept. of Commerce are based on different methodologies and are not directly comparable.