Major products from Louisiana include minerals, natural gas, sulfur, lime, pulp, plywood, paper products, seafood and agricultural items like crops and livestock. As a coastal state, Louisiana derives revenue from commercial fishing and shipbuilding as well. The state also contains many natural resources that support mining and manufacturing processes necessary for consumer goods production.Know More
In addition to manufacturing and industry, Louisiana derives economic revenue through tourism. People visit Louisiana year-round from elsewhere in the United States and around the world. In total, visitors inject over $5 billion into Louisiana's economy every year. Popular tourist destinations include New Orleans, Cajun Country and the Mississippi River.
Petroleum production and exportation accounts for a large portion of Louisiana's economic income. Louisiana ranks third on the national list of petroleum producers. Some petroleum exports in raw form, but Louisiana produces finished products like lubricants and gels, too. Most petroleum refineries produce gasoline, and to a lesser extent, jet fuel.
Louisiana's manufacturing facilities produce fertilizer, rubber and plastics for commercial activities. The abundance of trees in Louisiana allows production of paper goods, including bags, sheet paper and cardboard. Agricultural goods include sugar cane, potatoes, rice and cotton. Louisiana also exports tobacco and tobacco products, as well as Tabasco sauce. Aviation and aerospace industries supply economic revenue, as does the film industry.Learn more about Economics
Because paper is made from wood pulp, the price of that raw material will be reflected in the prices charged for paper products, as noted in an article presented through IBISWorld. Some paper product manufacturers will be able to use their high-volume purchasing power to leverage themselves into discounted long-term purchasing arrangements with their wood pulp suppliers. The lack of substitutes for wood pulp as a raw material required by the paper products industry can, however, lessen the industry's bargaining power, and a volatile wood pulp market can still have a considerable effect upon the prices consumers will pay for items made from paper.Full Answer >
Sysco offers a wide variety of food products and food service supplies, including meat and poultry, seafood, produce, beverages, imported foods, spices, kitchen equipment, cleaning supplies and paper products. Most of Sysco's offerings are sold through private label brands.Full Answer >
Fast-moving consumer goods are products that are relatively inexpensive and tend to sell quickly. Some examples include soft drinks, alcoholic beverages, candy bars and chewing gum.Full Answer >
Cuba's major imports are refined petroleum, packaged medicaments, wheat, corn and soybean meal, and the country's top exports are nickel mattes, raw sugar, refined petroleum, packaged medicaments and rolled tobacco. Cuba also exports citrus, coffee and fish, as well as the services of its doctors and other health care personnel. Other top imports include machinery, equipment and chemicals.Full Answer >