LEADING SECTORS FOR INDIANA AND US EXPORTS AND INVESTMENT

Over 35 percent of Indiana manufactured exports to Japan in 1995 were chemicals products. Indiana chemicals exports to Japan have increased from a low of $231 million in 1991 to over $326 million in 1995 -- a 41 percent increase. Indiana manufacturers of sophisticated instruments (including medical devices), primary metals, food products, and transportation equipment each exported more than $80 million of their products in 1995. Of that group, primary metals has shown the greatest variability. Primary metals exports were $163 million in 1991 -- only to crash to $23 million two years later. By 1995, they had recovered to $112 million. For more details about Indiana exports to Japan, see Appendix I.

The best prospects for US exporters of US products and services including agricultural products are listed below. Best prospects in industry sectors are ranked according to the estimated two-year growth in U.S exports(1994 - 1996). Best prospects in agricultural sectors are not ranked.

The exchange rates used in the tables throughout this section are as follows:

1994: 102 Yen per Dollar
1995: 90 Yen per Dollar
1996: 90 Yen per Dollar
Note: most recently the actual rate has hovered at around 107 Yen per Dollar

US Industrial Best Prospects


Rank

Title
(Millions of US Dollars)

Market Size


US Imports
1 Computers and Peripherals 41,100 4,400
2 Electronic Component 40,4007,900
3 Automobiles/Light Trucks/Vans 122,242 6,555
4 Medical Equipment 15,989 3,300
5 Computer Software 6,300 650
6 Arch./Eng./Constr. Services 910,800 200
7 Apparel 91,2203,500
8 Paper and Paperboard 50,250 933
9 Telecommunications Equipment 22,118 1,089
10 Pet Foods and Supplies 2,497 460
11 Automotive Parts & Accessories 142,949 1,174
12 Laboratory and Scientific Instr. 4,000760
13 Pumps, Valves/Compressors 5,341 453
14 Household Consumer Goods 18,316 216
15 Building Products 49,578 877
16 Air Cond/Refrigeration Eq. 23,585 182
17 Furniture 30,779 323
18 Pollution Control Eq. 16,670 70
19 Electrical Power Systems 29,900 1,093

US Agricultural Best Prospects


Rank

Title
(Millions of US Dollars)

Market Size


US Imports
N/A Fresh Vegetables 17,819 500
N/A Beef 1,600 464
N/A Frozen Vegetables 595 232
N/A Pork 1,855 90

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