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Looking to increase your business? Consider selling your goods or services to customers overseas.
A new report from the Business Roundtable highlights the importance of international trade to Delaware, whose companies exported $8 billion in goods and services in 2017.
That accounted for 11 percent of the state’s Gross Domestic Product, according to a new report from the Business Roundtable, a group comprised of CEOs from U.S. companies.
Credit-related services ($1.4 billion) were Delaware’s largest export, followed by pharmaceuticals and medicines ($818 million), motor vehicles ($808 million) and navigational and measurement instruments ($387 million).
Some 1,786 Delaware companies exported their goods and services to 166 countries, the report said.
Canada ($843 million), the United Kingdom ($763 million) and Saudi Arabia ($523 million) were the three largest export markets.
Click here to read the report.
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Related Topics: Delaware Division of Small Business