US-China trade deal bodes well for poultry exporters via Georgia ports
THE governor of the US state of Georgia Brian Kemp told the Georgia Foreign Trade Conference that the new trade deal with China has already resulted in new poultry exports
THE governor of the US state of Georgia Brian Kemp told the Georgia Foreign Trade Conference that the new trade deal with China has already resulted in new poultry exports.
'In 2020, we expect port activity, and the logistics industry in general, to remain a strong economic driver, and an important support network for farms and factories across the state,' Mr Kemp said in a statement released by port authorities.
Prior to a 2015 Chinese ban on US poultry, the market represented US$500 million in annual sales for US producers. According to the USA Poultry and Egg Export Council, nowadays the market for chicken feet alone amounts to $835 million per year for US companies.
'As the nation's largest poultry producer, Georgia stands to recapture a substantial portion of the Chinese market,' Mr Kemp said. 'Forty per cent of all frozen poultry that leaves the United States does so through the port of Savannah.'
The first shipment of poultry - 50,000 pounds of Georgia-produced chicken feet - arrived in China in January. The governor added that cotton, animal feed, grain, peanuts and pecans, among other Georgia exports also stand to benefit from the phase one trade deal with China, signed on January 15.
Farm products are not the only promising export commodity for Georgia. Mr Kemp recounted his April visit to the port of Savannah to announce the decision by Plastic Express to build two enormous facilities to handle plastic resin exports via the Garden City Terminal.
'Construction is complete on the first building for Plastic Express at the Port Logistics Centre in Pooler,' Mr Kemp said. 'That one company is bringing 166 new jobs and $172 million in investment to our state.'
Along with resin packager A&R Logistics' decision to set up its global logistics centre at the Savannah gateway Industrial hub, resins represent a promising market opportunity for Georgia.
'The outlook for growth through our deepwater terminals in Savannah and Brunswick remains strong,' said GPA board chairman Will McKnight, who also noted that the Georgia Ports Authority wrapped up a strong year in 2019, moving a record 4.6 million TEU and 38.5 million tonnes of cargo.