Monday, September 27, 2010

PA International Week

Pennsylvania trade officials are trying to connect regional business leaders in the state with international representatives in an effort to increase Pennsylvania exports, attract international investments and create jobs for state residents.
Pennsylvania International Week is being held in Philadelphia this week and trade representatives from 30 countries from Europe, Asia, Africa and South America will be on hand to help businesses in the Commonwealth successfully export their products around the world. State Senator Andy Dinniman of Chester County says this event is an incredible opportunity for companies to learn about new markets and potential clients.....
"Business owners and representatives will be able to meet one on one with trade representatives from around the world. This event could make the difference between a struggling domestic business and a thriving international one."

Pennsylvania exports fell 18% between 2008 and 2009 but jumped 17 percent in the first quarter of 2010, as compared to the same quarter of 2009. Exports of manufactured goods rose by 16% compared to the first quarter of 2009. The leading goods being sent overseas include chemicals, primary metals, machinery, computer and electronic products, and transportation equipment. During the first quarter of this year, the industry that saw the largest growth in dollars was pharmaceuticals and medicines, up $632 million, or 101 percent.

Pennsylvania's top trading partners are Canada, Mexico, China, the United Kingdom and Japan.

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