Success Story: Kirila Fire Training Facilities Inc.
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 20 percent of the total export value of U.S. goods.
Exporting enables companies to diversify their portfolios and weather changes in the domestic economy. Moreover, for every $1 billion the U.S. exports, 5,279 jobs are created or supported in the manufacturing sector. (Source: U.S. Commercial Service)
Ohio is the seventh-largest exporting state in the U.S., consistently ranking as one of the top 10 exporting states in the nation. Machinery, vehicles, aircrafts, electrical machinery, plastics, and oil seed are the top export industries. View the Ohio Exports Report.
The Department of Development offers several programs to help small businesses start or expand global trade efforts:
- International Market Access Grant for Exporters (IMAGE) - Financial assistance for exporters
- Ohio Export Internship Program – Hire specially trained export interns
- International Market Support – International business-to-business matchmaking
- Ohio Export Assistance Statewide Network - Export counseling and education