Trade Data Report: MSA: Richmond, Virginia. Big Industries Include Coal & Tobacco

Richmond, Virginia: Where and What

Richmond Virginia is located at the fault line of the James river. The fault line of the river is where the terrain changes prohibiting the further inborn travel of ships. Richmond is a very historical location. Some of its history includes: the delivery of the famous Revolutionary War speech, “Give Me Liberty or Death” and being the capital of the Confederate States of America during the Civil War.  It is located close to Washington DC, the present capital of the U.S.

Richmond Today: Fortune 500 +

Richmond today is the location of a couple of fortune 500 companies. Dominion Resources is the area’s leading electrical supplier, dealing with coal, gas, nuclear, and other renewables. Car Max, the world’s largest used car company, is headquartered here. Owens and Minor, a major distributor of medical and surgical equipment, is the fourth oldest company in Virginia. MeadWestvaco, the giant packaging solutions company who offers specialty office papers, supplies, and chemicals, leads its industry and manages over 3 million acres of forest land from Richmond. Altria Group, the former Philip and Morris, is also based out of Richmond.

Richmond Exports

Richmond’s Exports for the first half of 2010 were almost two and one half billion dollars, led by chemical and paper manufacturing and mining.

Richmond Imports.

We can view Richmond’s top importers, ranked by annual import volume.

Virginia Electricity from Colombian Coal 

Virginia Power Energy Marketing Inc. is the largest importer. This is no doubt an importer for Dominion Resources.  A closer look reveals that all the 100 million dollars worth of imported material is from Colombia.

With the controversy surrounding mountain top removal, the destruction of ancient hills for coal, it is no wonder that it becomes cheaper to import the energy producing material. Even more in-depth and interesting is the number of shipments, which was only 51, yet is valued at over 100 million dollars.

Detailed records of each shipment including Columbian supplier(s), port of departure and arrival, carrier, vessel’s name, arrival date, etc. is available for download in the PIERS Prospects interface.

2 Responses to “Trade Data Report: MSA: Richmond, Virginia. Big Industries Include Coal & Tobacco”

  1. nice information, thanks. hope you write some more posts soon.

  2. Maintain up the great work mate. This weblog publish shows how well you realize and know this subject.

We appreciate your comments and perspective

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