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ראשי > אגפים > ארה"ב- שיקגו > For The Israeli Exporter > Economic Review
Economic Review of Missouri

Missouri

 

Area (sq. km)  

69,709

Population, 2007 estimate

5,878,415

Population Rank:

18

Jewish Population in 2007:

59,165

Jewish Percentage of Total Population:

1

Military Contracts with Israel in 2006 Using Foreign Military Financing:

$3,966,191

Exports to Israel in 2007:

$80,001,072

Percentage change from 2006:

22

Total exports to Israel since 1996:

$479,662,771

Israel's rank as trade partner:

28

Real GSP, 2007

191,577

Gross State Product Per Capita:

33,297

Unemployment rate:   

5

Number of Fortune 1000 Companies

29

 

Today, automobile and aerospace manufacturing are the state's leading industries, while soybeans and meat and dairy products are the most important agricultural commodities. The largest export industries are manufacturing, food products, minerals, and primary and fabricated metal products.

AGRICLUTURE

Missouri has the 2nd most number of farms of any state in the US. The state's farmers rank among the nation's top producers of hay, rice, soybeans, cattle, hogs, turkeys, and ice cream. It's a mostly family-farm state

Missouri companies are strong in pesticide and fertilizer production. The two major companies operating in the state are Monsanto and Bayer Corporation.

In agriculture and food products, Missouri had a competitive advantage in agricultural production products (i.e. agricultural chemicals, grass seeds, prepared feeds, feed grains, hay, cattle, hogs, and oil crops) and in manufactured food products (i.e. pet foods, meat processing, brewers, malt beverages, pasta products, poultry processing, pickles and sauces, roasted coffee, cheese and condensed milk, and cereals). The big companies in these sectors that operate in the state are Anheuser-Busch, Conagra Foods, Kraft, Tyson, Purina and others

Food products were the 4th largest export in 2006 reaching $721 million. There is a strong interest in developing biofuels industry. A law was passed requiring all gasoline sold to contain a minimum of 10 percent ethanol by 2008 a similar measure is being considered for diesel fuel sales.

 

MANUFACTURING

In manufacturing, Missouri has a competitive advantage in greeting card publishing, automatic merchandising machines, lumber and wood products (i.e. sawmill products, hardwood floors, wood containers/pallets, and furniture), ammunition, paper products (i.e. paper bags, paper sanitary products, envelopes, and paper), and lastly in motor vehicles, which was substantially represented (i.e. motor vehicles, boats, motorcycles, aircraft, internal combustion engines, motors and generators, fans, and heating and cooling equipment). 

In the extractive industries, Missouri has a competitive advantage in lead mining, clay cricks, lime and stone quarrying, paving and asphalt products, and cement

Transportation equipment was the larges export industry in 2006 reaching almost $5 billion. Chemicals were the 2nd larges export in 2006 reaching almost $2 billion. Machinery (not electrical) was the third largest export in 2006 reaching $1 billion. Electrical equipment, appliances, and components were the 5th largest export in 2006 reaching $490 million. The other major export industries in 2006 were circuit assembly, electron tube, electronic component manufacturing, fabricated metal products, waste and scrap, minerals and ores, and primary metal manufacturing.

 

Automotive

The main focus in Missouri has been on light truck, utility vehicle and truck trailer manufacturing. The three major US automakers that have operation in the state are Chrysler, Ford, and GM. Other large companies in Missouri involve parts manufacturing in the areas of storage batteries, carburetors, pistons, valves, steering, suspensions, current-carrying devices, seating, and vehicle bodies. The main companies parts manufacturing are Eagle-Pitcher and Lear Operations.

 

Energy

 

Fossil fuels and hydroelectric generation represent key export industries in Missouri. There is a lot of activity in the area of design transformers, communication and energy wire, environmental control systems, and switchgear apparatus. The companies active in these sectors are ABB Power Company, Regal Beloit, and Fasco Industries

 

LIFE SCIENCES

 

This is a growing industry in the state with focus on chemical and medical device manufacturing. Pharmaceutical manufacturing is significant in Missouri with companies such as Pfizer, K-V pharmaceuticals and Aventis operating facilities in the sate. In the medical equipment the focus is on microbial detection, molecular diagnostics, immunoassay, clinical software, pathogen detection, refractive laser, surgery devices, and weighing systems. The companies active in these sectors are Bausch & Lomb Surgical, and Cardinal Scale.

 

HOMELAND SECURITY

 

There is a cluster of companies that are involved in manufacturing of communications equipment, ammunition, military vehicles and aircraft/aerospace components. Boeing has large aircraft engineering and manufacturing facilities. In the ammunition field Missouri manufactures, small arms ammunition, explosives, and longer range ammunition. Alliant Lake City is a major company in this sector.

 

 http://www.city-data.com/states/Missouri.html

www.missourieconomy.org/pdfs/MO_Target_Clusters07.pdf

 

 

Israeli Companies

 

Amdocs

www.amdocs.com

Teva Neuroscience

www.tevaneuroscience.com

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