Presentation explores Asia’s economic and demographic influence on the Houston MSA

1. Asia’s Growing Influence on
Houston
Presented by: Oscar Gonzales, MBA, PhD

2. Houston’s
International Trade

3. $-
$2.000
$4.000
$6.000
$8.000
$10.000
$12.000
$14.000
Mexico Brazil Netherlan
ds
Colombia China Canada Venezuela Chile Korea Belgium
$ Billions $12.395 $10.289 $7.297 $6.762 $5.533 $5.285 $4.308 $3.983 $3.744 $3.526
% of Total 9.40% 7.80% 5.50% 5.10% 4.20% 4.00% 3.30% 3.00% 2.80% 2.70%
Top Export Destinations from
Houston

4. Mexico
21%
China
15%
Netherlands
11%
Saudi
Arabia
10%
China
9%
Canada
8%
Kuwait
7%
Chile
6%
Russia
6%
Korea
6%
Other
25%
Top Import Countries to Houston MSA
Rank Country $ Billions % of Total
1 Mexico $ 16.386 13.50%
2 China $ 11.060 9.10%
3 Venezuela $ 8.618 7.10%
4 Saudi Arabia $ 7.793 6.40%
5 Russia $ 7.696 6.30%
6 Germany $ 5.540 4.50%
7 Kuwait $ 5.371 4.40%
8 Brazil $ 5.348 4.40%
9 Russia $ 4.618 3.80%
10 Korea $ 4.208 3.50%
Total Top 10 $ 76.638 63.00%
Total - All Countries $ 121.80 100.0

5. Asia Total Trade
Sub-Region Houston
Trade Partner
Imports to Houston
(in $ dollars)
Exports from Houston
(in $ dollars)
% of Total Houston
Imports
% of Total
Houston
Exports
2014 Asia Total $ 26,273,965,148 $ 21,369,583,772 21.57% 16.25%
3 Eastern Asia $ 19,294,741,806 $ 13,236,381,530 15.84% 10.07%
9 Southeastern Asia $ 2,584,516,164 $ 4,238,310,520 2.12% 3.22%
11 Southern Asia $ 3,460,338,322 $ 1,792,040,911 2.84% 1.36%
19 Oceania $ 566,348,212 $ 1,369,875,265 0.47% 1.04%
20 Central Asia $ 330,465,192 $ 366,978,210 0.27% 0.28%
22 Southwestern Asia $ 37,555,452 $ 365,997,336 0.03% 0.28%
Asian Trade With
Houston by
Region

6. Houston Exports to China
Commodity Exported to China in 2014 Percent of Export
Cereals 21.80%
Organic Chemicals 18.50%
Mineral, Fuels, Refined Products, Oils, Waxes 14.70%
Industrial Equipment and Computers 13.80%
Plastics and Plastic Articles 6.80%
Electrical Machinery, Equipment and Parts 3.70%
Articles of Iron or Steel 3.10%
Rubber and Rubber Articles 2.70%
Oil, Grain, Seed, Fruit, and Plant Seeds 2.00%
Miscellaneous Chemical Products 1.90%

7. Commodity Imported From China in 2014 Percent of Import
Industrial Equipment and Computers 20.70%
Electrical Machinery, Equipment and Parts 12.30%
Articles of Iron or Steel 9.70%
Footwear, Gaiters, Etc. 6.90%
Furniture, Bedding, Lamps, Etc. 6.40%
Toys, Games and Sports Equipment 6.20%
Organic Chemicals 5.20%
Plastics and Plastic Articles 5.20%
Iron and Steel 3.60%
Rubber and Rubber Articles 1.70%
Houston Imports From China

8. The EB-5 program permits 10,000 foreign citizens
each year to obtain a green if they invest at
least $500,000 and if they create or preserve at
least 10 U.S. jobs.

9. EB-5 Visas
• Chinese nationals accounted for 85 percent of
EB-5 visas issued in 2014.

10. Houston’s Demographic Profile
2014 - 2019

11. County 2014 Est Pop White Hispanic Black Multiracial Asian
Native
American
Austin County 28,698 23,406 7,006 2,176 3,061 13 42
Brazoria County 344,464 241,041 99,752 42,366 40,233 20,353 470
Chambers County 37,201 29,996 7,162 2,660 4,316 155 65
Fort Bend County 693,249 357,078 166,092 147,191 69,615 118,698 639
Galveston County 302,418 231,244 67,501 35,280 28,665 6,958 257
Harris County 4,479,362 2,544,869 1,973,233 835,831 837,291 247,959 12,577
Liberty County 74,388 58,562 14,424 6,880 8,675 147 123
Montgomery County 531,825 455,116 113,425 18,923 47,732 8,287 1,722
San Jacinto County 26,219 22,503 2,513 2,224 1,437 35 20
Walker County 68,787 47,284 11,942 14,788 6,297 326 92
Waller County 44,149 26,671 13,675 9,844 7,437 61 135
2014 Houston MSA 6,694,881 4,083,870 2,484,033 1,130,600 1,060,121 404,019 16,271

12. Houston MSA 2014 Est Pop White Hispanic Black Multiracial Asian
Native
American
2014 6,694,881 4,083,870 2,484,033 1,130,600 1,060,121 404,019 16,271
2019 7,358,844 4,443,955 3,005,091 1,248,138 1,201,240 447,103 18,408
Total Change 9.92% 8.82% 20.98% 10.40% 13.31% 10.66% 13.13%

13. ASIAN POPULATION BY ANCESTRY 404,019
Vietnamese 104,806 25.94%
Asian Indian 98,082 24.28%
Chinese 71,892 17.79%
Filipino 42,254 10.46%
Pakistani 28,131 6.96%
Korean 15,070 3.73%
Other Asian 11,721 2.90%
Japanese 4,943 1.22%
Other Asian, not specified 5,987 1.48%
Cambodian 4,599 1.14%
Taiwanese 4,552 1.13%
Thai 3,173 0.79%
Laotian 2,637 0.65%
Bangladeshi 2,588 0.64%
Indonesian 1,866 0.46%
Sri Lankan 1,090 0.27%
Malaysian 629 0.16%
Where Are Houston Asians
Immigrating From?

14. Foreign Buyers

15. Foreign Buyers
• Chinese buyers are the biggest international
buyers of U.S. real estate in terms of dollar
volume, total units, and average price paid.
• 76% of Chinese buyers pay cash.

16. “THE HOW”
in Doing Real Estate with Asian Buyers
Presented by: Oscar Gonzales, MBA, PhD

17. For A Copy of This Presentation Visit:
slideshare.net/internationaldivision
Presented by: Oscar Gonzales, MBA, PhD