The Office of Foreign Trade, established in March of 2009 focuses its efforts on exports, foreign direct investment, diplomatic relations and global business attraction. The office serves the International trade community with the ability to provide assistance with exporting, foreign finance, logistics, shipping, federal and international trade regulations, treaties and other areas directly linked to trade and investments. The Office of Foreign Trade has been asked to testify in support of trade and export bills in the Senate and Assembly of the State Legislature on a regular basis. Bills sponsored by our Office of Foreign Trade helped California become eligible for federal funds for business exports, formally established California's support for EB 5, and helped create the roll of local government advisory boards for the Secretary of Business, Transportation, and Housing as they relate to trade and exports. Our Ex-Im Bank partnership is producing significant loans, guarantees, and lines of credit for business in Riverside County.
Foreign Trade facts That Distinguish Riverside County
- Ranks 23rd globally as an export region
- Manufacturer's exports account for 10% of direct jobs in our region
- Manufacturers sent a record $11.5 billion in exports overseas in 2009
- Manufacturers export 44% of everything they make to Canada 17% to the Netherlands and 17% to Mexico and 11% to Japan & China
- Foreign Direct Investment creates thousands of jobs for Riverside County workers
- Home to almost 636 businesses from around the globe
- Our County pays above the U.S. average wages, in its largest export industry, transportation equipment manufacturing
- Our County export growth, recently, has been above the national average, expanding at 11.5%
The Office of Foreign Trade, established in March of 2009 focuses its efforts on exports, foreign direct investment, diplomatic relations and global business attraction. The office serves the International trade community with the ability to provide assistance with exporting, foreign finance, logistics, shipping, federal and international trade regulations, treaties and other areas directly linked to trade and investments. The Office of Foreign Trade has been asked to testify in support of trade and export bills in the Senate and Assembly of the State Legislature on a regular basis. Bills sponsored by our Office of Foreign Trade helped California become eligible for federal funds for business exports, formally established California's support for EB 5, and helped create the roll of local government advisory boards for the Secretary of Business, Transportation, and Housing as they relate to trade and exports. Our Ex-Im Bank partnership is producing significant loans, guarantees, and lines of credit for business in Riverside County.
Foreign Trade facts That Distinguish Riverside County
- Ranks 23rd globally as an export region
- Manufacturer's exports account for 10% of direct jobs in our region
- Manufacturers sent a record $11.5 billion in exports overseas in 2009
- Manufacturers export 44% of everything they make to Canada 17% to the Netherlands and 17% to Mexico and 11% to Japan & China
- Foreign Direct Investment creates thousands of jobs for Riverside County workers
- Home to almost 636 businesses from around the globe
- Our County pays above the U.S. average wages, in its largest export industry, transportation equipment manufacturing
- Our County export growth, recently, has been above the national average, expanding at 11.5%