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INTERNATIONAL Trade

INTERNATIONAL Trade. Virginia Economic Development Partnership - International Trade. Winner of the President’s “E-Star” Award. Delivering Virginia’s Products and Services to the World. Since post-9/11 recession, VA merchandise exports have increased 75%

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INTERNATIONAL Trade

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  1. INTERNATIONAL Trade

  2. Virginia Economic Development Partnership -International Trade Winner of the President’s “E-Star” Award Delivering Virginia’s Products and Services to the World

  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 2007-2008, VA’s merchandise exports increased 12% • Over the last decade, China has risen from our 15th ranked export destination to # 3.

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

  5. Virginia Exports 2003 - 2008 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 Export Partners • Virginia’s Top Merchandise Export Markets 2008 • Rank Country   US$ Millions % Change • Total to World 18,933 + 12.26 • 1 Canada2,685-2.57 • 2 UK 1,173 +6.69 • China 1,164 +5.45 • 4 Germany 968 +.67 • 5 Portugal 791 -11.81 • 6 Taiwan 720 +43.02 • 7Belgium 698 +66.62 • 8 Japan 695 -11.33 • 9 Singapore 689 -16.26 • 10 Mexico 685 +16.82

  7. 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 Paul H. Grossman, Jr. Director, International Trade & Investment Leslie Parpart VALET Program Manager Mario Camardella VALET Research Manager Elizabeth Morgan-Brown AIM Program Manager Scott Kennedy AIM Research & Trade Events Manager Stephanie Tignor Global Network Manager Jeff Geiger International Marketing Specialist Pandy Brazeau Assistant to Director Terri Noll Client Services Manager Lindsey Bertozzi Marketing Assistant Carolyn Jewell Marketing Assistant Rev 08/12/09

  8. Global Network Countries

  9. 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.

  10. OUR SERVICES & PROGRAMS • 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

  11. www.ExportVirginia.org

  12. www.ExportVirginia.org

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