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New report highlights importance of international trade to Delaware economy


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.

The Delaware Division of Small Business wants to help you start or grow your business in Delaware.

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