Where do opportunities exist for U.S. companies not yet involved in imports and exports?
The opportunity for Ohio companies in exports is very good, especially in the automotive, rubber, iron and steel industries. Ohio has a good tradition of exporting products internationally, and we can continue to capitalize on it. Also, a study of 100,000 companies by an independent research organization determined that Ohio ranks No. 1 in the U.S. in productivity. When considering the state’s tradition of exporting and its productivity, there exists a great opportunity to become a larger exporter of products. In what areas of the world do the most opportunities exist? Our largest export regions, in order, are Canada, Mexico, the European Union and the Asia-Pacific region. American exports to China have increased 400 percent since 1999. Based on its huge economy and economic growth, China clearly has to become one of our top priorities. At the most basic level, what do businesses need to know to start? At an elementary level, companies just beginning an import/export business need to r
