(July 13, 2012) California businesses will soon have additional access to their trading partners in Asia, Europe and Canada with new daily flights on United Airlines.
United will begin daily year-round service between San Francisco International Airport and Taiwan Taoyuan International Airport in Taipei on April 9, 2013, subject to government approval.
The new San Francisco-Taipei flights will be available for booking once United receives government approval.
California exported $6.3 billion to Taiwan in 2011, primarily non-electrical machinery, computer and electronic products, waste and scrap, transportation equipment, and chemicals (among other products). California has the highest amount of exports as one of the top exporting states to Taiwan within the U.S. and Taiwan is the seventh largest importer of California goods and services.
Taiwan is the 15th largest importer of U.S. goods and services. In 2011, the U.S. imported $41.3 billion from Taiwan and exported $25.9 billion to Taiwan, primarily non-electrical machinery, computer and electronic products, chemicals, agricultural products, and transportation equipment (among others).
For more information on trade with Taiwan, check out CalChamber's Taiwan Trading Partner Portal at www.calchamber.com/Taiwan.
New Service to France
The airline will also begin daily year-round service between San Francisco and Charles de Gaulle International Airport in Paris on April 11, 2013, subject to government approval.
The European Union (EU) receives roughly 17% of all California exports. According to the U.S. Department of Commerce, chief among the exports are computers and electronic products, which have remained California’s largest export to the EU for more than 10 years—by a multibillion-dollar margin.
The 27 EU countries sent roughly 2 million tourists to California in 2010, stimulating the Californian economy. The British, Germans, French and Italians came in the largest quantities.
For more information about trade with the EU, visit the Trading Partner Portal page at www.calchamber.com/EurpoeanUnion
Increased Access to Canada
United Airlines has also announced that it will be offering United Express service between Los Angeles International Airport and Kelowna, British Columbia, Canada, starting December 19, 2012.
Canada has remained California's second largest export market since 2006, with a total value of $17.2 billion in 2011. This accounted for 11% of all California exports.
Computers and electronic products remained California’s largest exports, accounting for 34% of all California exports to Canada. Exports of machinery and chemicals from California to Canada grew to total more than $1.5 billion; with transportation equipment and agricultural products continuing to be strong export sectors as well.
In 2011, two-way trade between Canada and the United States topped $598 billion. Exports to Canada were approximately $281 billion, making it the largest trading partner for the U.S. In 2010, U.S. companies invested more than $296 billion in Canada and foreign direct investment from Canada into the U.S. was approximately $206 billion.
For more information, check out CalChamber's Canada Trading Partner Portal at www.calchamber.com/Canada.