Last year the value of exports set a record high of $2.34 trillion. California’s contribution to 2014’s export value was $173.4 billion. The Los Angeles, Long Beach and Anaheim metropolitan area is responsible for over 40% of California’s total export value.
Hence, the questions is, are you ready to take advantage of the current export momentum?
Global Presence
Can overseas companies find your business online? Perception is reality, a phrase that echoes true in every part of the world. The Internet is a valuable research tool, as such interested investors and buyers need to find your company information without hassle. Besides, being hard to find does not mean exclusivity.
Increase your presence
- Meet with your local business advocates and industry leaders.
- Develop a relationship with your local SBA, SBDC and U.S. Commercial Service.
Don’t Forget the Basics
Without a solid foundation your business may experience hardships. Create a business plan, register your company, obtain licenses, develop a marketing strategy, seek legal counseling and learn the basics of exporting. Additionally, learn about free trade agreements, and more specifically the Trans-Pacific Partnership and consider how these initiatives may impact the future of your global business.
Interesting Facts – Get more information here.
- California’s top five export markets are Mexico, Canada, China, Japan and Korea.
- 2 Billion Consumers are expected to live in the Asia-Pacific region by 2030.
Ready to Export?
If your company has a solid global business strategy and is prepared to export, attending major international trade show in your industry that takes advantage of the U.S Commercial Service’s unique in-country resources and ability to introduce exporters to overseas distributors, buyers and investors is right move. Don’t forget to check out our tips for working a trade show.
For Orange County companies that focus on manufacturing technology, innovation, R&D, and cutting edge manufacturing solutions, Hannover Messe 2016 is one of the biggest opportunities for getting unmatched international exposure. Do not miss a chance to reach a global audience, connect with over 200,000 attendees or network with more than 100 business delegations. Register here if your company is ready to take the next step.
Derrick Small is a Communications Specialist with the U.S. Commercial Service’s Pacific South Network. Follow Us on Twitter.
