©2014 Michigan Economic Development Corporation
Michigan exported over $58.6 billion worth of goods in 2013, setting a new record for the state. This is due, in part, to assistance from the Michigan Economic Development Corporation (MEDC). MEDC “Matchmaking” expertise helps connect businesses with opportunities. To help open foreign markets, the MEDC has established offices in Brazil, Canada, China and Mexico.
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MI-STEP works to increase the number of small business exporters and increases the value of exporters for those who currently trade overseas. Qualifying Michigan companies can use the program to help diversify their customer base, provide long-term stability and create new jobs. Since 2011, MI-STEP has provided support to over 750 Michigan companies for export-related activities.
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In addition to MI-STEP, the MEDC has four foreign offices through a partnership with the Council of Great Lakes Governors (CGLG). These centers provide export trade development services to small and medium-sized companies interested in expanding their sales to Brazil, Canada, China and Mexico.
Brazil is a growing market for Michigan companies with export sales increasing significantly over the last five years due to a sharp rise in Brazil's purchasing power. Michigan recently joined the Brazil trade office of the CGLG to meet increased demand for Michigan-made products and services. Staff at the Center provide access to market research and assistance in identifying export opportunities from a broad range of industry sectors. Exports include transportation equipment and machinery, medical devices, agriculture, information technology and many other Michigan products.
Canada is the largest export market for Michigan companies, with over $26 billion in goods exported in 2013. Michigan joined the Michigan Canada Center, located in Toronto, to help companies research, identify and capitalize on market opportunities in a broad range of industry sectors across Canada. Exports to Canada include transportation equipment and machinery, oil and gas, and primary metal manufacturing,among others.
Located in Shanghai, the Michigan China Center provides a physical presence for Michigan and offers an experienced export services staff in collaboration with CGLG. The center opened in September 2012 to expand the partnership and business opportunities between Michigan and China. The center provides export trade development support for companies looking to break into China. Opportunities exist in the following industry sectors: transportation equipment and machinery, primary metal manufacturing, chemicals, waste and scrap, and computer and electronic products.
Located in Mexico City, the Michigan Mexico Center assists Michigan companies with research market entry strategy and agent/distributor searches. Michigan exports, valued at over $12.1 billion in 2013, include transportation equipment and machinery, chemicals, and computer and electronic products.
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Save the DatesOctober 13-17, 2014
Join market experts from Brazil, Canada, China, Mexico and UAE to learn more about doing business in these dynamic markets.
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