going global: opportunities for your company. the real world land area source: mapper.org
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GOING GLOBAL:OPPORTUNITIES FOR YOUR COMPANY
THE REAL WORLD
LAND AREA
Source: www.world mapper.org
THE REAL WORLD
POPULATION
Source: www.world mapper.org
THE REAL WORLD
CONTAINER PORTS
Source: www.world mapper.org
THE REAL WORLD
HIGH TECH EXPORTS1990
Source: www.world mapper.org
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HIGH TECH EXPORTS 2002
Source: www.world mapper.org
THE REAL WORLD
ELECTRONICS EXPORTS
Source: www.world mapper.org
THE REAL WORLD
ELECTRONIC IMPORTS
Source: www.world mapper.org
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COMPUTER EXPORTS
Source: www.world mapper.org
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COMPUTER IMPORTS
Source: www.world mapper.org
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CELLULAR SUBSCRIBERS IN 1990
Source: www.world mapper.org
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CELLULAR SUBSCRIBERS IN 2002
Source: www.world mapper.org
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INTERNET USERS IN 1990
Source: www.world mapper.org
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INTERNET USERS IN 2002
Source: www.world mapper.org
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LAND AREA
Source: www.world mapper.org
THE REAL WORLD
MEDICAL EXPORTS
Source: www.world mapper.org
THE REAL WORLD
ARMS EXPORTS
Source: www.world mapper.org
THE REAL WORLD
ARMS IMPORTS
Source: www.world mapper.org
THE REAL WORLD
SERVICE EXPORTS
Source: www.world mapper.org
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SERVICE IMPORTS
Source: www.world mapper.org
THE REAL WORLD
PATENTS GRANTED
Source: www.world mapper.org
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ROYALTY AND LICENSE FEE EXPORTS
Source: www.world mapper.org
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ROYALTY AND LICENSE FEE IMPORTS
Source: www.world mapper.org
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RESEARCH AND DEVELOPMENT EXPENDITURE
Source: www.world mapper.org
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DECLINE IN TERMS OF TRADE
Source: www.world mapper.org
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IMPROVEMENT IN TERMS OF TRADE
Source: www.world mapper.org
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• 2008 U.S. Technology exports: $215 billion (+2%)
• Technology is single largest export sector in the U.S.: 17%
• Over past five years, technology exports from VA have grown faster than any other state in the top 20 (+164%)
• Virginia has the highest number of technology workers as a percentage of the overall private sector workforce (9%)
• Virginia’s average annual wage in the technology sector is $83,600 – 99 percent higher than the state’s average private sector wage
(Source of Data: American Electronics Association, VEDP Research)
THE REAL WORLD
Top Markets 2008 (US$ billions)
• Canada ($31), Mexico ($27), China ($15), Japan ($11), Germany ($11), Singapore ($8.5), Malaysia ($8), Taiwan ($7.9), United Kingdom ($7.8), Netherlands ($7.7)
• Over the past five years, China has been the fastest growing market (+78%) among the top 10 US technology export destinations
• Global slowdown- Most top 10 markets saw little or negative growth in 2008
Top Products 2008 (US$ billions)
• Integrated Circuits ($42), Computers & Components ($24), Telephony ($22), Electro Medical/Surgical Devices ($9), Semiconductors/Transistors/Diodes ($8.5), Electrical Switching Apparatus ($8), Printing Machinery ($7.1), Apparatus for Physical/Chemical Analysis ($6.7), Storage Devices for Recording Sound/Data/Images ($6), Oscilloscopes/Spectrum Analyzers ($5.4)
(Source of Data: World Trade Atlas, VEDP Research)
Jeff GeigerInternational Marketing Specialist
Scott KennedyAIM Research & Trade Events Manager
Elizabeth Morgan-BrownAIM Program Manager
Leslie ParpartVALET Program Manager
Mario CamardellaVALET Research Manager
Paul H. Grossman, Jr.Director, International Trade & Investment
International Trade Managers
Virginia Offices
Diane ThomasAbingdon
Ralph TorningLynchburg
Michael HowleyVienna
Jenée AndreevVienna
Knox HubardHarrisonburg
Joe AdamsNorfolk
Mark MyrickRichmond
Pandy BrazeauAssistant to
Director
Lindsey BertozziMarketing Assistant
Terri NollClient Services
Manager
Carolyn JewellMarketing Assistant
Rev. 02/10/09
Stephanie TignorGlobal Network Manager
VEDP INTERNATIONAL TRADE
VEDP GLOBAL NETWORK
VEDP PROGRAM PARTICIPANTS
VIRGINIA COMPANIES TAKEN TO MARKET BY VEDP
VIRGINIA’S SERVICE EXPORT NETWORK
THE REAL WORLD
PAUL GROSSMANDIRECTOR OF INTERNATIONAL TRADE
WWW.EXPORTVIRGINIA.ORG
MAPS COURTESY OF WORLDMAPPER.ORG