Despite 86 percent of global economic growth projected to occur outside the United States between 2015 and 2020, only one percent of U.S. companies currently export and, among those that do, 58 percent export to only one market. These numbers underscore the significant opportunity for Greater Philadelphia and other U.S. metros to grow by going global.
To address this opportunity, the Economy League and the World Trade Center of Greater Philadelphia brought together business leaders and economic development experts from across southeastern Pennsylvania, southern New Jersey, and northern Delaware last year to develop an action-oriented export plan for the region in connection to the Global Cities Initiative.
Learn how the export plan, revealed among business leaders and economic development experts on April 13, 2016, will help drive much-needed job and revenue growth in our region.
In 2014, the World Trade Center of Greater Philadelphia collaborated with the Economy League of Greater Philadelphia to nominate the Greater Philadelphia Metro Region for the Brookings Institution and JPMorgan Chase Global Cities Initiative Exchange. We are very proud that the region was selected to join this exclusive network of U.S. metros working to grow their economies.