Thursday, November 19, 2015

KC3 Final Draft

As many people know Hawaii is apart of the United States because of signatures and overthrows that happened long ago. But physically, Hawaii is surrounded by ocean. Hawaii would need to import what is needed and export what it could offer, although it cost way more to import because of the remote location... in the middle of the Pacific Ocean. Imported goods is what we buy from other states/countries and exporting is the things we sell to other states/countries. 90% of the goods in Hawaii is imported and only 15% of what is locally grown in hawaii is exported, this could be a potential problem for the state of Hawaii, although some say it is not a problem at all. With more being imported that means more money spent. Hawaii depends on the mainland for most of imported goods but also exports enough to sustain itself.


Importing too much for Hawaii could lead to bad economy. Hawaii imports just about everything they have. For example they spend $98 million to import goods from Canada alone. Most of it is spent on aircraft and fuel oil. Hawaii imports, cars, electronics, food, gas, etc. Say if something were to happen to all the places Hawaii imports from and they can no longer buy from there. Hawaii would have to pay for air fair, shipping, packaging, and for the worth of the thing they are importing. Hawaii would not be sustainable to live by itself. They would live off of some dairy, meats, and produce. With no one to buy from or no one to sell to, Hawaii would not be sustainable without its imports.


15% of Hawaii’s goods is locally grown and exported. In 2010 Hawaii only exported 48,000 cattle head. Which was a decrease ever since the year before. If Hawaii could only sell 48,000 cattle head then how could they export any of the other goods. Although Hawaii exports what most of what is made here. The two most valuable crops that are exported is sugar cane and pineapples. Along with these crops Hawaii offers many fruits and vegetable, which most of is exported. Hawaii does not really provide much for themselves. Although Hawaii only exports 15% of the crops, which results to many crops because the amount of farmers and land they use for produce.


Trade, the importing and exporting, of Hawaii is very important to the amount of money they give and make. In Hawaii there are about 200,000 jobs that help with trade. In the year 2013 Hawaii has exported $697 billion of goods, most that include produce. This $697 billion comes from the 151 other businesses outside the country that buy goods from Hawaii. In the past couple years the number of exports has increased for Hawaii. In the year 2013 there were a total 889 companies that contributed to exporting which is a 15% increase from 2003. Hawaii may have imported a lot but the amount of exports they have make up for it. Without these trades Hawaii wouldn’t have enough money and produce to sustain itself.

Hawaii imports 90% of the goods they have and 15% of what they make is exported. There has been decreases and increases of income in the terms of trade over the years, but most of the time they balance out. Importing for hawaii is more important than exporting. They may importing a lot but due to other things like Tourism, importing is not a huge issue with the amount of money Hawaii has. Hawaii relies on the mainland for most of imported goods and exports just enough to sustain itself. Hawaii may import a lot of its goods but they also export most of the goods they make themselves.

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