176 Concord Street, P.O. Box 22287, Charleston, SC 29413-2287
Contact: Erin Dhand, Manager, Corporate Communications and Community Affairs
Telephone: 843-577-8121 • Fax: 843-577-8127 • e-mail: EDhand@scspa.com
FOR IMMEDIATE RELEASE
Port Backs PNTR
Charleston, SC - The South Carolina State Ports Authority supports passage of Permanent
Normal Trade Relations with China.
Passage of PNTR is seen as necessary for the United States to realize the
benefits of China's entry into the World Trade Organization. As a result of
these discussions, China has proposed tariff stabilization and reductions on
a variety of U.S. exports.
Especially of interest to the Port of Charleston's customers is China's
62% slash in tariffs on U.S. paper and paper products, which represent more
than one half of all exports to China through Charleston. Other key sectors
that would benefit are machinery, power generation equipment, fibers,
medical equipment and poultry.
Overview of U.S.-China Trade via Charleston
U.S. Exports to China
- The Port of Charleston is the largest port on the South Atlantic for
U.S.-China containerized trade.
- Charleston handles 40% of all containerized goods moving between the
U.S. and People's Republic of China through ports from the mid-Atlantic
to south Florida.
- In a recent fiscal year, more than 60,000 loaded 20-foot container units
(TEUs) were shipped through Charleston on the U.S.-China route.
Chinese Exports to the U.S.
- In FY99, Charleston handled nearly 24,000 loaded export TEUs to
- Charleston is the primary port in the South Atlantic for U.S.
exports to China, with a 55% market share among all ports.
- Top U.S. exports to China via Charleston include Paper & Paperboard
(incl. waste), Woodpulp, Cellulose & Cellulose Resin, Kaolin
& China Clay, Mixed Metal Scrap, Foam Waste & Scrap, Synthetic
Resins, Staple Fibers, Synthetic Resins & Plastics and Drilling
Mud & Soil Components.
- In FY99, the Port of Charleston handled 36,000
loaded import TEUs from China.
- Approximately 30% of all Chinese imports
via South Atlantic ports come through Charleston.
- Top Chinese exports to the U.S. through Charleston
include Furniture, Plastic Products (Misc.), Toys, Footware, Lamps
& Parts, Decorations, General Cargo, Recording Tape & Media,
Auto & Truck Tires & Tubes, and Hardware.