Idaho and International Business
International business is an essential part of Idaho’s economy. The International Business Division’s goal is to identify prospects for Idaho products and services in international markets and help companies capitalize on these opportunities by offering export/import counseling, market research, coordination of trade missions and trade shows as well as incoming buying delegations. These activities are also supported by Idaho’s trade offices in three foreign countries. Visit our services page to learn more.
Why export from Idaho?
• Companies that export grow faster and are 8.5% less likely to go out of business.
• 70% of the world’s purchasing power is outside of the United States.
• Export related jobs typically pay 15% more than the average.
• International sales allow companies to diversify and reduce risk.
• International sales volumes may produce decreased production costs and increase a company’s competitive advantage.
• Enhance both Idaho and USA competitiveness worldwide
• 95% of the world’s consumers live outside of the United States.
• Free trade agreements are opening up new markets in Australia, Chile, Singapore, Jordan, Israel, Canada, Mexico, and Central America creating new opportunities for proactive Idaho companies.
MYTH: Exporting is only for big businesses.
FACT: 97% of US exports are from small to medium sized businesses.
In 2010, Idaho companies exported a record nearly $5.2 Billion worth of products worldwide
MYTH: Exporting is too complicated for a small business to explore
FACT: With a commitment of time, higher level support, and patience, a small company has an excellent chance of succeeding in the world market. The trade experts at the Idaho Department of Commerce will help guide and assist you in making exports a successful part of your business.
Ready to take the first step? Please fill out the
Export Readiness Questionnaire and contact us.
Questions? Contact one of our
trade specialists to discuss how we can work together to expand your business.
