State Report Illinois · 7 From 2018 to 2019 Scrap, Secondhand and Special Classification sector had the largest increase in exports. Computer Electronic Product Manufacturing sector

ILLINOIS REPORT

2019 UPDATE

UAE – U.S.

HISTORICAL TRADE RELATIONSHIPS

Table of Contents

Section Contents Page

I US Exports to the UAE 3

II US Port Activity 9

III UAE-Supported Employment 10

IV Foreign Direct Investment 11

V Appendices 15

3

II

10th $2.0BComputer Electronic Product Manufacturing

Largest Exporting State Four-Year Total Exports

Top Exporting Sector

Scrap, Second-hand and Special Classification $127.6M 9thSector with Largest Increase in Exports Since 2018

Trade Surplus in 2019

Largest Port in Bilateral Trade in 2019

AA BB CC

DD EE FF

Illinois Exports to the UAE

3,764Jobs Supported by Exports

GG

Illinois ranked 10th among U.S. states and territories with $2.0B in goods exported to the UAE between 2016 and 2019

4

Exhibit I.1 | U.S. State Rankings of Exports to the UAE ($ in Billions)

AA

IIIllinois Exports to the UAE

Source: US Census Bureau USA Trade Online (excluding exports where state was not specified)

5

Total value of 2019 goods exported is the lowest in last four yearsBB


Exhibit I.2 | Illinois Export Values and Percent of Total by Year


$622.5M

$503.5M $494.3M

$402.3M

2016 2017 2018 2019

Illinois Annual Exports to the UAE

2.83%

2.56% 2.58%

2.04%

2016 2017 2018 2019

Illinois Exports As % of Total U.S.-UAE Exports

$ in millions

Rank State 2016 2017 2018 2019 Trend Line 2016-2019

All U.S. States $22,027.0 $19,690.8 $19,177.3 $19,684.7 $80,579.8

10 Illinois 2.8% 2.6% 2.6% 2.0% 2.5%

Illinois $622.5 $503.5 $494.3 $402.3 $2,022.6

1 Washington 18.9% 20.8% 10.8% 3.6% 13.7%

Washington $4,157.6 $4,104.7 $2,080.5 $717.4 $11,060.2

5 Florida 6.8% 6.3% 5.0% 5.1% 5.8%

Florida $1,487.5 $1,244.6 $949.9 $1,011.3 $4,693.3

11 Dist of Columbia 3.2% 1.2% 3.5% 1.9% 2.5%

Dist of Columbia $711.3 $239.0 $672.4 $370.1 $1,992.7

20 Kentucky 0.8% 0.9% 1.3% 2.5% 1.3%

Kentucky $168.2 $172.8 $244.7 $484.2 $1,069.9

30 Mississippi 0.3% 0.3% 0.7% 0.3% 0.4%Mississippi $59.3 $51.9 $137.7 $49.4 $298.2

6

In 2019 Computer Electronic Product Manufacturing and Machinery Manufacturing were the largest exporting sectors

Exhibit I.3 | Illinois’s Exporting Sectors in 2019

CC



104.1M

73.4M

40.0M

31.9M

27.5M

25.4M

22.9M

17.2M

59.8M

402.3M

0 1 2 3 4 5 6 7 8 9 10

0

100

200

300

400

500

600

700

800

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

Computer andelectronicproduct

manufacturing

Machinerymanufacturing

Food,beverage,

and tobaccoproduct

manufacturing

Chemicalmanufacturing

Scrap,second-hand,and special

classification

Motor vehicle,body, trailer,

and partsmanufacturing

Electricalequipment

and appliancemanufacturing

Fabricatedmetal productmanufacturing

Others Total

Top 8 Sectors Accounted for approximately $342.4M or 85% of Total Exports from Illinois to the UAE

Top 4 Sectors Accounted for approximately $249.4M or 62% of Total Exports from Illinois to the UAE

7

From 2018 to 2019 Scrap, Secondhand and Special Classificationsector had the largest increase in exports. Computer ElectronicProduct Manufacturing sector had the largest decrease

Exhibit I.4 | Illinois’s Exporting Sector Movements From 2018 to 2019

DD



$494.3M

$402.3M

Starting:2018

Computer andelectronic product

manufacturing

Fabricated metalproduct

manufacturing

Scrap, second-hand, and special

classification

Food, beverage,and tobacco

productmanufacturing

Electricalequipment and

appliancemanufacturing


Motor veh icle,body, traile r, and

partsmanufacturing

Petroleum andcoal productsmanufacturing

Other End ing:2019

Decreases in Exports

Increases in Exports

8

Illinois had a $127.6M trade surplus with the UAE in 2019

Exhibit I.5 | Illinois’s Trade Surplus with the UAE by Sector

EE



$402.3M$274.7M

Trade Surplus in 2019:$127.6M

Export to the UAE Import from the UAE

Scrap, second-hand, and

specialclassification

Computer andelectronicproduct

manufacturing


Primary metalmanufacturing

Food, beverage,and tobacco

productmanufacturing


Motor vehicle,body, trailer, and

partsmanufacturing



Other

Exports $27.5M $104.1M $73.4M $1.6M $40.0M $31.9M $25.4M $22.9M $75.5M

Imports $155.33M $0.88M $2.66M $73.75M $7.28M $3.31M $2.94M $2.62M $25.89M

Balance -$127.8M $103.2M $70.7M -$72.2M $32.7M $28.6M $22.5M $20.3M $49.6M

Trade Balance

9

IIIIIllinois – 2019 UAE Bilateral Port Activity

Source: US Census Bureau USA Trade Online

Illinois ports ranked 9th (3%) in combined total import and export activity among U.S. states and territories with ports of entry in 2019FF

(excluding exports where state was not specified)

Illinois, #9 3%

Other 15%

Texas, #1 19%

New York, #2 15%

Louisiana, #3 12%

South Carolina, #4 9%

California, #5 9%

Ohio, #6 7%

Florida, #7 6%

Georgia, #8 5%

Total U.S.-UAE Port Activity

Chicago, IL

Export(All Ports) $578.03M

Import $143.54M

Port Activity by District(District Includes All Ports of Entry)

20% Import (All Ports)

80% Export (All Ports)

Computer andelectronic product

manufacturing

Othertransportation

equipmentmanufacturing




Primary metalmanufacturing


Scrap, second-hand, and special

classification

Fabricated metalproduct

manufacturing

Apparel, leather,and allied product

manufacturingOther

Export Value ($m) $127.42 $114.52 $103.71 $71.67 $0.57 $51.02 $11.62 $21.59 $18.60 $57.30

Import Value ($m) $1.21 $0.76 $2.55 $10.49 $74.72 $4.76 $23.77 $2.69 $0.04 $22.54

$0

$20

$40

$60

$80

$100

$120

$140

Illinois 2019 Employment

Driven by Export to the UAE

FF

10Source: US Census Bureau USA Trade Online & US DoC BEA Regional Input-Output Multipliers State Data

IIIIII

167,433Jobs Created

3,764 Jobs out of 167,433 Total Jobs Created in the U.S. by the UAE

Other transportation

equipment manufacturing

Computer and electronic product

manufacturing

Chemical manufacturing

Fabricated metal product

manufacturing

Machinery manufacturing

73 1,007 227 177 622

Electrical equipment and

appliance manufacturing

Food, beverage, and tobacco

product manufacturing

Miscellaneous manufacturing

Motor vehicle, body, trailer, and

parts manufacturing

Mining

195 501 162 228

Employment Driven by

Illinois's Exports of Manufactured

Goods to the UAE*

3,764

* The sectors shown are the top ten U.S. manufacturing sectors exporting to the UAE in 2019.

11

IVIVForeign Direct Investment

$26.7B Various Sectors

Various Sectors

2018 UAE total FDI in U.S.

Benefited from UAE’s investments in Illinois since 2013

Benefited from Illinois’s greenfield investments in the UAE in 2019

AA BB CC

U.S. to UAE:

17.3B FDI in 2018

UAE to U.S.:

26.7B FDI in 2018

12

UAE made $26.7B total investment in U.S. in 2018. Investments over the past four years remained level.AA

Bilateral FDI between the U.S. and UAE

Exhibit IV.1 | Total UAE Investments by Year

IVIV

Source: US Department of Commerce, Bureau of Economic Analysis

$1,473

$2,746

$6,070

$11,602

$14,766

$12,020

$14,138

$16,699

$20,947

$24,262

$26,208

$24,978

$24,990

$26,011

$26,738

$2,962

$2,285

$2,670

$2,967

$3,337

$4,118

$4,935

$6,603

$8,481

$11,401

$17,466

$16,205

$13,568

$16,785

$17,303

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

UAE to U.S. U.S. to UAE

Great Recession

13

Since 2013 UAE expanded existing investments and made greenfield investments in Illinois in a variety of sectorsBB

Exhibit IV.2 | Certain UAE Investors in Illinois by Sector Since 2013

UAE FDI in Illinois IVIV

Source: © fDi Markets, Financial Times Ltd 2019 based on public information

2019 Transportation & Warehousing

Emirates SkyCargo

2015 Transportation

GAC Group

2014 Financial services

UAE Exchange Centre

2013 Transportation

Etihad Airways

14

Greenfield Investments were made in various sectors in 2019CC

Exhibit IV.3 | Certain Illinois Investors in UAE by Sector in 2019

Illinois 2019 Greenfield and Expanded FDI

in the UAE IVIV

Source: © fDi Markets, Financial Times Ltd 2019 based on public information

Sector Illinois Investing Entities to the UAE

Tourism | Hyatt International

$346.4

ICT & Electronics | BCD International

$30.7

Industrial | REMA TIP TOP

$19.0

Professional Services | Elements Global Services

$10.6

APPENDICES

15

16Source: US Census Bureau USA Trade Online

Note: Due to space constraints, some data bars are fitted to the page and not to scale.

Appendix A VV

Illinois's Top Exporting Commodities to the UAE in 2019This exhibit only displays commodities with annual export amounts exceeding $1M

Sector Top Commodity Export Value

Computer and electronic product manufacturing 3342 Communications Equipment ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 75.7M3345 Navigational/measuring/medical/control Instrument ||||||||||||| 13.1M3341 Computer Equipment |||||||||| 10.8M3344 Semiconductors & Other Electronic Components ||| 3.5M

Machinery manufacturing 3331 Ag & Construction & Machinery |||||||||||||||||||||||| 24.2M3336 Engines, Turbines & Power Transmsn Equip ||||||||||||||||||||| 21.3M3339 Other General Purpose Machinery |||||||||||||||||| 18.9M3333 Commercial & Service Industry Machinery |||| 4.8M3334 Hvac & Commercial Refrigeration Equipment | 1.6M

Food, beverage, and tobacco product manufacturing 3113 Sugar & Confectionery Products |||||||||||||||| 17.0M3116 Meat Products & Meat Packaging Products ||||||||| 10.0M3112 Grain & Oilseed Milling Products |||||| 6.0M3119 Foods, Nesoi |||| 4.5M3115 Dairy Products | 1.0M

Chemical manufacturing 3251 Basic Chemicals |||||||||||||| 14.5M3259 Other Chemical Products & Preparations ||||||| 7.1M3256 Soaps, Cleaning Compounds & Toilet Preparations ||||| 5.6M3254 Pharmaceuticals & Medicines ||| 3.8M

Scrap, second-hand, and special classification 9300 Used Or Second-hand Merchandise ||||||||||||||||||||||| 23.5M9900 Other Special Classification Provisions || 2.7M9100 Waste And Scrap | 1.3M

Motor vehicle, body, trailer, and parts manufacturing 3363 Motor Vehicle Parts ||||||||||||||||||||||| 23.9M

Electrical equipment and appliance manufacturing 3352 Household Appliances And Misc Machines, Nesoi ||||||||||| 11.2M3359 Electrical Equipment & Components, Nesoi |||||| 6.6M3353 Electrical Equipment |||| 4.9M

Fabricated metal product manufacturing 3329 Other Fabricated Metal Products ||||||||| 9.2M3324 Boilers, Tanks & Shipping Containers |||| 4.1M3327 Bolts/nuts/scrws/rivts/washrs & Other Turned Prod | 1.2M

Miscellaneous manufacturing 3399 Miscellaneous Manufactured Commodities |||||||||||||| 14.5M3391 Medical Equipment & Supplies || 2.6M

Other transportation equipment manufacturing 3364 Aerospace Products & Parts ||||||||| 9.0M

17Source: US Census Bureau USA Trade Online & US DoC BEA Regional Input-Output Multipliers State Data

Appendix B VV

583

384

352

144

132

119

113

102

45

8

345

Total: 1,007

Total: 622

Total: 501

Total: 228

Total: 227

Total: 195

Total: 177

Total: 162

Total: 73

Total: 13

Total: 558

0 200 400 600 800 1,000 1,200

Computer and electronic product manufacturing

Machinery manufacturing

Food, beverage, and tobacco productmanufacturing

Motor vehicle, body, trailer, and partsmanufacturing

Chemical manufacturing

Electrical equipment and appliancemanufacturing

Fabricated metal product manufacturing

Miscellaneous manufacturing

Other transportation equipment manufacturing

Primary metal manufacturing

Others

Employment Driven by Top 10 UAE-Exporting Sectors in Illinois in 2019

Direct & Indirect Employment

Induced Employment

Documents

State Report Illinois · 7 From 2018 to 2019 Scrap, Secondhand and Special Classification sector had the largest increase in exports. Computer Electronic Product Manufacturing sector