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INTERNATIONAL TRADE. VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP - INTERNATIONAL TRADE Delivering Virginia’s Products and Services to the World Winner of.

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Presentation on theme: "INTERNATIONAL TRADE. VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP - INTERNATIONAL TRADE Delivering Virginia’s Products and Services to the World Winner of."— Presentation transcript:

1 INTERNATIONAL TRADE

2 VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP - INTERNATIONAL TRADE Delivering Virginia’s Products and Services to the World Winner of the President’s “E-Star” Award

3 Since post-9/11 recession, VA merchandise exports have increased 75% The 2008 value of VA merchandise exports is at its highest level in history - $18.93 billion. From , VA’s merchandise exports increased 12% Over the last decade, China has risen from our 15 th ranked export destination to # 3.

4 U.S. & Virginia Growth (2003 – 2008)

5 Virginia Exports Total Exports ‘08: $30.9 Billion Goods: $19 Billion -Manufactured: ($14.9 Billion) -Tobacco, coal & agriculture ($4.1 Billion) Services: $ 11.9 Billion (from a 2005 study by USCSI)

6 Virginia’s Top Merchandise Export Markets 2008 RankCountry US$ Millions% Change Total to World18, Canada2, UK1, China1, Germany Portugal Taiwan Belgium Japan Singapore Mexico Virginia’s Export Partners

7 Jeff Geiger International Marketing Specialist Scott Kennedy AIM Research & Trade Events Manager Elizabeth Morgan-Brown AIM Program Manager Leslie Parpart VALET Program Manager Mario Camardella VALET Research Manager Paul H. Grossman, Jr. Director, International Trade & Investment International Trade Managers Virginia Offices Diane Thomas Abingdon Ralph Torning Lynchburg Michael Howley Vienna Jenée Andreev Vienna Knox Hubard Harrisonburg Jordan Watkins Norfolk Mark Myrick Richmond Pandy Brazeau Assistant to Director Lindsey Bertozzi Marketing Assistant Terri Noll Client Services Manager Carolyn Jewell Marketing Assistant Rev 08/12/09 Stephanie Tignor Global Network Manager

8 Global Network Countries

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10 TRADE PROGRAM RESULTS VALET graduates report an average 88 percent increase in international sales after starting the VALET program. AIM graduates report an average 44 percent increase in international sales after starting the AIM program.

11 Local trade counseling from seven Trade Managers across Virginia In-country, market research in 44 countries via Virginia’s Global Network Matchmaking via global Group Market Visits Fast track into global markets via Export 3.0 Host of annual Virginia Conference on World Trade Accelerated international sales via Virginia Leaders In Export Trade (VALET) Program Accessing International Markets (AIM) Program for smaller companies Special Resources – Import Study – In-house market research – FastFacts – Beyond Virginia – ExportVirginia.org – Beyond Virginia Calendar OUR SERVICES & PROGRAMS

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