Austin Texas MSA Trade Snapshot
Austin, the capital of Texas, is the 14th most populous city in the United States. Austin was the third fastest growing large city from 2000 to 2006. Austin is known as a popular music city strongly supporting arts and culture. Austin’s metropolitan statistical area (MSA) can also boast a strong economic sector.
Several Fortune 500 companies are present including Freescale Semiconductor, Forestar Group, Whole Foods Market, and Dell’s Worldwide Headquarters. This five county MSA has a gross domestic product of $86 billion dollars and an annual export value of $10 billion.
Austin’s Exports by Product Cluster
Austin’s MSA has a unique product-export portfolio. During the first half of 2010, 53% of total exports were computer and electronic products (ITA). 36% of products exported were manufactured machinery. Paper and transportation equipment meanwhile accounted for 2% a piece of total exports. This unique profile highlights the importance of the computer and electronic manufacturing in Austin. This type of information is available to the public under the International Trade Administration and the U. S. Department of Commerce.
Austin’s Importing Companies
Using PIERS Prospects we can look at something not so readily available to the public: imports. There are 1,201 importing companies in the Austin MSA. This chart gives us leads as to what companies are moving products into Austin’s MSA. Dell Inc is one of the heaviest importers with 343 million dollars coming in through shipments alone. Serengeti Trading Company, the coffee company, imports 61 million dollars of mainly coffee. Below is a list of the top 10 importing companies of the area.
Using Prospects, one can expand the depth and breadth of vision into imports brought in to Austin’s MSA. A click reveals the top countries importing into Austin’s MSA. These countries are arranged by containers imported from November 1st, 2010 to November 1st, 2011 which is very recent in the import export trade data world. Most containers come from China, then Japan, Korea, and India. Within the program, each country can then be expanded to display exactly what companies are importing from this country. In the last 15 days of data alone, Academy Ltd was the largest importer from China in Austin’s MSA. They received 99 shipments from China in these few days. Below are the two charts, documenting top countries of origin and top companies within those countries. Feel free to post a comment requesting additional data, especially from links in the pictures.
|Word count: 518||Last edited by Robert Thompson on Thursday, July 5, 2012 at 12:03 pm|
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