No. 1 for Exports, China Keeps Louisiana Ranked on Top for FDI
Chinese commerce is already a transformative force in Louisiana’s economy, with extensive trade and recent cross-border investment linking the two more strongly than ever before.
NOTABLE CHINESE INVESTMENT IN LOUISIANA
- Shandong Yuhuang Chemical – methanol manufacturer, $1.85 billion investment creating 400 direct jobs
- Sea Mark Management Inc. & Yuan Hua Technical & Supply Corporation – China Ocean Shipping Companies Group (COSCO) companies providing logistics, ship agency and technical support
TRADE BETWEEN CHINA AND LOUISIANA
EXPORTS TO CHINA
|
| Milling Products; Malt; Starch; Inulin; Wht Gluten |
$7.4 billion |
| Cereals |
$3.7 billion |
| Mineral Fuel, Oil Etc.; Bitumin Subst; Mineral Wax |
$3.2 billion |
| Organic Chemicals |
$294.9 million |
| Plastics And Articles Thereof |
$223.2 million |
| Meat And Edible Meat Offal |
$56.3 million |
| Miscellaneous Chemical Products |
$55.6 million |
| Ores, Slag And Ash |
$52.2 million |
| Inorg Chem; Prec & Rare-earth Met & Radioact Compd |
$40.1 million |
| Nuclear Reactors, Boilers, Machinery Etc.; Parts |
$39.4 million |
Total
|
$15.3 billion
|
IMPORTS FROM CHINA
|
| Organic Chemicals |
$510.4 million |
| Plastics And Articles Thereof |
$243.1 million |
| Inorg Chem; Prec & Rare-earth Met & Radioact Compd |
$181.2 million |
| Salt; Sulfur; Earth & Stone; Lime & Cement Plaster |
$116.6 million |
| Nuclear Reactors, Boilers, Machinery Etc.; Parts |
$116.1 million |
| Base Metals Nesoi; Cermets; Articles Thereof |
$73.1 million |
| Iron And Steel |
$64.9 million |
| Articles Of Iron Or Steel |
$58.8 million |
| Toys, Games & Sport Equipment; Parts & Accessories |
$50.3 million |
| Electric Machinery Etc; Sound Equip; Tv Equip; Pts |
$47.5 million |
Total
|
$1.4 billion
|
CULTURAL TIES AND RESOURCES
Louisiana State University’s exchange program fosters connections with China for students from all over the state. Learn more here.