Export-Import Bank of the United States 2011 Annual Report

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Nine Key Country Markets: Map
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Ex-Im Aircraft Financing to Indonesia

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Founded in Indonesia in 2000 by two brothers, Kusnan and Rusdi Kirana, Lion Air has become Indonesia’s first low-cost carrier and is the country’s number-one domestic airline by market share today.

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Global trade is estimated to increase by nearly 75 percent in the next 15 years and is expected to reach $48.5 trillion by 2025. Countries that will be driving this unprecedented growth include the emerging markets of India, Brazil, Vietnam and Indonesia. (Source: HSBC Trade Forecast, October 2011)

Ex-Im Bank is open for business in 175 countries.  However, the Bank has identified nine key markets as the primary focus of its outreach: Brazil, Colombia, India, Indonesia, Mexico, Nigeria, South Africa, Turkey and Vietnam.

These countries were selected using a number of factors, including the size of the export markets for U.S. companies, projected economic growth, anticipated infrastructure demand and need for Ex-Im financing in each market.

The projected investment in infrastructure across these countries over the next five years is more than $2 trillion. This increased demand for products and services will help small and large U.S. exporters in many sectors to maintain current employment levels and create a significant number of new jobs.

The Bank is implementing outreach plans for each market that include targeted private-sector and public-sector buyers, financial institutions and government agencies.

Nine Key Country Markets: Estimated U.S. and Ex-Im-Supported Exports

(in millions)
  Ex-Im-Supported
Export Value
U.S. Exports Ex-Im Percentage
of U.S. Exports
             
Key Markets FY 2011 FY 2010 FY 2011 FY 2010 FY 2011 FY 2010
Brazil $517.1 $776.0 $41,282.8 $33,520.2 1.3% 2.3%
Colombia  4,703.8  25.1  13,822.5  11,564.5 34.0% 0.2%
India  3,630.8  74.6  21,055.3  18,160.5 17.2% 0.4%
Indonesia  695.0  460.8  7,395.0  6,738.4 9.4% 6.8%
Mexico  2,155.3  3,136.3  190,309.9  155,599.4 1.1% 2.0%
Nigeria  27.4  66.2  4,702.3  3,911.6 0.6% 1.7%
South Africa  1,183.1  2.5  6,990.0  5,347.0 16.9% 0.0%
Turkey  2,655.5  890.6  14,411.3  9,353.4 18.4% 9.5%
Vietnam  1.4  1.0  4,269.2  3,510.1 0.0% 0.0%
Subtotal  15,569.4  5,433.0  304,238.3  247,705.1 2.2% 5.1%
             
Other  25,735.7  28,909.9  1,139,543.0  976,912.5 3.0% 2.3%
TOTAL $41,305.1 $34,342.9 $1,443,781.4 $1,224,617.7 2.9% 2.8%

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In FY 2011, Ex-Im Bank

  • Supported $15.6 billion of U.S. exports to its nine key markets, an increase of more than 186 percent over the export value of its financing in these markets in FY 2010. (See accompanying table.)
  • Authorized more than $3.7 billion for U.S. exports to Colombia, including nearly $500 million in financing for Colombia’s national oil and gas company, Ecopetrol. Ex-Im-supported transactions to Colombia represented 34 percent of all U.S. exports to this country in 2011.
  • As a direct result of the Bank’s outreach in accord with President Obama’s efforts to build the U.S. strategic alliance with India, the Bank approved nearly $2.9 billion in financing for U.S. exports to this emerging market.

Surpassed the $1 billion mark for the first time in support of U.S. exports to sub-Saharan Africa, with almost $1.4 billion authorized for the region, including $937.4 million for South Africa. Ex-Im Bank supported 8 percent of all U.S. exports to sub-Saharan Africa in 2011.