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Ex-Im Aircraft Financing to Indonesia
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. |
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.
| (in millions) | ||||||
| Ex-Im-Supported Export Value |
U.S. Exports | Ex-Im Percentage of U.S. Exports |
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| 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% |
(Click here to view a larger table)
In FY 2011, Ex-Im Bank
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.