1st Quarter 2016


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Geography [map and charts]



The leader in new exporters in the past two years by far was La Vergne, where 40 new establishments began exporting.


 

Location continued

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Geographically the past several years have not seen any significant shifts in where exporters are located. Recall that the exporters are clustered around metro Nashville, extending south through several "automotive" counties, in the corridor from Chattanooga to Knoxville, and around metro Memphis. A smaller concentration is found around Johnson City. This has not changed dramatically. The map here shows the change in the number of exporters in each of Tennessee's five-digit zip codes over the past two years. The one interesting trend is that the central areas of Knoxville, Nashville, and Memphis generally saw declines in the number of exporters, while their immediately surrounding metro areas all saw gains. Note also that the distribution of the "blue" zip codes (the ones that gained exporters) tends to correlate with the location of the state's automotive industry.

There remains, not surprisingly, a huge disparity in exporting across the state. While many zip codes have not a single exporter, four have over 100. Two of them, again probably no surprise, are located near the Memphis airport and the Fedex hub. Four different zip codes picked up 20 or more new exporters in just the past two years. The leader by far was in La Vergne (zip code 37086), where 40 new establishments began exporting. Two of the others were just outside Memphis, and the fourth was a Morristown zip (37814). Somewhat oddly, the zip codes with the largest declines in exporters were located near airports (especially Nashville's).

The best news here is that only really significant trend in the state's exporters over the past several years is that there are more of them. We will drill down into the specific situation of the state's manufacturing exporters in a later issue of Global Commerce.

[ Geography map and charts]