The Commonwealth of Pennsylvania’s Department of Community and Economic Development’s (DCED) Office of International Business Development reported record results from July 2008 to April 2009, assisting over 1,200 companies in doing $411 million worth of export business. 

With the current troubled economy, many Pennsylvania companies are looking to grow their business in the international market.  The World Institute for Strategic Economic Research (WISER) showed total PA exports of goods worth $34.4 billion in 2008 - an 18% increase from 2007.  This exceeded that of the United States, as a whole, whose total exports increased by 12% from 2007.

DCED’s acting Secretary, George Cornelius, credits much of this success to Governor Rendell’s World Trade PA, which was launched in 2006.  “These numbers didn’t happen by accident; they happened because of a decision and a strategy,” said Cornelius.   “Without the investments Governor Rendell has made in helping Pennsylvania-based companies find new overseas markets, this bad economy’s bite would be deeper and it would hurt more hardworking men and women here.”  World Trade PA is overseen by the DCED’s Office of International Business Development, but it was zeroed out in the Senate Republican budget proposal.  The PA House of Representatives is scheduled to consider World Trade PA funding this week.

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