F O R E I G N -T R A D E   Z O N E   # 1 0 6

O K L A H O M A  C I T Y

FTZ PRESS RELEASES

    1. New designation expands possibilities for Shawnee - 01-12-2013
    2. U.S. Foreign-Trade Zones Bolster Manufacturing, Generating
      Nearly $500 Billion in Economic Activity
      - 6-12-2008
    3. New Opportunities in Newest Ada & Guthrie,
      Oklahoma Foreign-Trades Zones
      - 10-17-2007
    4. The Big Picture, The National Impact
      of the Foreign-Trade Zones Program
      - 12-31-2005
    5. New participants into Foreign Trade Zone 106 - 1-5-2005
    6. Recruiting the Big Ones By Melissa Davis - 11-30-1998

    The Big Picture, The National Impact of the Foreign-Trade Zones Program
    Publication Released by NAFTZ
    12/31/2005

    Foreign-Trade Zones (FTZs) were created in the United States to provide special customs procedures to U.S. plants engaged in international trade-related activities. These procedures were aimed to offset customs advantages available to overseas producers who compete with domestic industry. The FTZ program requires that zone activities result in a significant public benefit and a net positive economic effect.

    Before examining the public benefits and positive economic effects of FTZs state-by-state, it is useful to consider the impact of the FTZ program nationwide: There are several key indicators of the impact of the program in 2003: the combined value of shipments into zones, referred to as annual volume; the dollar value of exports from zones; the number of jobs associated with zones; and the number of private firms actively engaged in zone activities. The positive direction of all of these indicators during 2003, suggests that the FTZ program is clearly benefiting the U.S. economy and strengthening international economic competitiveness.

    FTZ Volume in 2003
    The combined value of shipments into U.S. foreign-trade zones (both general-purpose zones and subzones) totaled $245 billion in 2003. This volume of activity represents a 20% increase over the $204 billion in zone receipts reported by the Foreign-Trade Zones Board for 2002. Sixty-five percent of goods entering zones are from the U.S.

    Exports to Foreign Countries
    The exports from U.S. foreign-trade zones to foreign countries reached $19.8 billion in 2003. These export figures show an increase of 27% over the $15.6 zone exports reported for 2002. Exports from all of the U.S. grew by 4% in the 2002-2003 period. Some zone merchandise, after entering the U.S., is further manipulated and then exported to a foreign jurisdiction. If these transactions were properly accounted for, the export numbers for zones would be even larger.

    Employment
    In 2003, there were 338,225 persons whose jobs were associated with zone activities. Zone-related jobs increased 6% between 2002 and 2003. Total U.S. employment in non-agricultural sectors increased 1% during the same period.

    Firms Engaged in Zone Activities
    There were 2,796 firms actively engaged in zone activities in 2003. This figure represents an increase of 22% over the number of actively engaged firms (2,285) reported for 2002.

    For more information, please contact the:
    National Association of Foreign-Trade Zones
    1000 Connecticut Ave., NW, Suite 1001, Washington, DC 20036
    202-331-1950 I 202-331-1994 (fax), www.naftz.org


    OKLAHOMA FOREIGN-TRADE ZONE STATISTICS

    Foreign-Trade Zones: 4 Employment: 2,249
    Annual Volume: $1.17 billion Active Firms: 2
    Exports from the Zones: $23.46 Active Subzones: 4

    Oklahoma Foreign-Trade Zones and Subzones

     
    Location
    Employment Annual
    Volume (millions)
    Exports (millions) Firms Subzones
    FTZ No. 53
    Rogers County (Tulsa)
    1,079 258.00 23.46
    *
    1
    FTZ No. 106
    Oklahoma City
    1,170 909.73 0**
    2
    3
    FTZ No. 164
    Muskogee
    0 0 0
    0
    0
    FTZ No. 227
    Durant
    0 0 0
    0
    0
    Total
    4
    2,249 1,167.73 23.46
    2
    4


    FTZ NO. 227 is brand new.
    *No Data Available
    **This figure is misleading because it indicates that the companies in the zone do not export when in fact they do. However their products are "exported" from their retail outlets which requires their products to enter into the U.S. Customs area first. Therefore, there are no "exports" from the "zone."

    Note: All categories include both general purpose and subzones estimates. Annual volume is considered received merchandise from the FTZs, including only goods of domestic origin and foreign status, not zone-to-zone transfers. Annual volume and exports are measured in millions of dollars.


   

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