Kentucky Cabinet for Economic Development

International Trade Division Helping Kentucky Companies Compete in the Global Market

Place

* American Chamber of Commerce

Kentucky Goes Global

• KY’s exports rank 9th in the nation on a per capita basis.

• In 2008, KY exported $19.1 billionin goods

• Over 40% of KY’s exports go to our NAFTA partners Canada and Mexico

• Nearly 1/5 of all KY manufacturing workers depend on exports for their jobs. *

The #1 Myth about International Trade

“You have to be a large company to participate in the global marketplace.”

Over 90% of Kentucky exporters are small to medium-sized businesses, 70% of which have fewer than 20 employees.

You Are Not Alone

The Mission of the International Trade Division

We provide opportunities and no-cost services to

Kentucky companies wanting to sell abroad.

Kentucky is committed to helping Kentucky’s

businesses be competitive players in the global economy.

Taking Advantage of Global Trade

• 95% of the world's population and 2/3rd of its purchasing power lie outside the US.

•Global companies grow twice as fast and pay 15% higher wages than domestic companies.

Kentucky Foreign Trade Offices

CHINA MEXICO

Your eyes and ears abroad:

• making travel arrangements and business appointments

• locating foreign buyers of Kentucky goods

• screening potential dealers, distributors, and agents

• facilitating contract negotiations & local regulation compliance

• arranging trade show exhibitions at reduced cost

Services to Kentucky Companies

Counseling export readiness

assessments feasibility studies re:

export potential of your product

customized “road map” for how to export your product

Research & Education assessments of foreign

markets legal assistance with

registrations, permits, contracts

financial assistance with bank financing, sales terms

logistics: shipping, customs, tariffs

Expo Seguridad 2010 in Mexico

Glasscock Lumber in China

How to Get Started

Exporting…It’s what we

do!

Cabinet for Economic Development International

Trade Division

Pick up the phone and call…

Jeanine Duncliffe

International Trade Specialist

International Trade Division

Kentucky Cabinet for Economic Development

Old Capitol Annex 300 West Broadway

Frankfort, Kentucky 40601

Phone: (502) 564-7140 E-Mail: jeanine.duncliffe@ky.gov

Web-Site: www.thinkkentucky.com