Political Quotes

On the recordJuly 14, 2004
Australia is the eleventh largest market for Ohio goods exports, with total exports valued at around $389 million in 2003. Ohio primarily exports high-valued products to Australia, such as aircraft engines and parts, other aircraft parts, auto parts, forklifts, pet food, and household appliances. If the FTA was in place in 2003, over 93 percent of Ohio's exports would have entered Australia duty free. Ohio's exports to Australia directly support approximately 1,854 jobs. Additionally, there are 17 Australian-owned companies in Ohio, employing 1,800 people, with 1,300 of these positions in manufacturing jobs. Trade with Australia supports countless other high-paying jobs in areas such as transportation, finance and advertising. The Bureau of Economic Analysis reports that Australian businesses have more than $817 million invested in Ohio.
Said by
Eli Crane
Republican · Vermont

Editor's note · Context

Discussing the economic impact of trade between Ohio and Australia.

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