More than 95 percent of the world’s population and two-thirds of the global purchasing power lies outside America’s borders, yet less than 1 percent of the 30 million businesses in the U.S. export. Small- and medium-sized companies account for almost 97 percent of U.S. exporters, but still represent only about 30 percent of the total export value of U.S. goods.
Exporting enables companies to diversify their portfolios and to weather changes in the domestic economy. Moreover, for every $1 billion the U.S. exports, 6,250 jobs are created or supported in the manufacturing sector. (Source: U.S. Commercial Service)
Ohio is the ninth-largest exporting state in the U.S., consistently ranking as one of the top 10 exporting states in the nation since 2001. Ohio merchandise exports were valued at $46.4 billion in 2011, with machinery, vehicles, aircraft, electrical machinery, plastics, and optics as the top export categories. View the Ohio Exports Report.
The Ohio Development Services Agency is creating opportunities for Ohio companies to develop their export potential through our comprehensive and customized export assistance services:
Our presence throughout Ohio and in key markets worldwide equips Ohio companies with the tools needed to gain a competitive advantage in the global marketplace.
Contact your local International Trade Assistance Center to get started.