International Markets

CANADA

GERMANY

JAPAN

SOUTH KOREA

ITALY

FRANCE

CANADA


In 2019, Canada was the largest export market for the United States with $22.4 billion in goods exported. The economy of Canada is highly developed with a 2019 GDP (Gross Domestic Product) of 1.71 trillion USD, ranking it as the 10th largest by nominal GDP globally. The country’s population stands at 37.59 million and is experiencing a 1.4% growth rate. Canada’s economy is dominated by the service industry, employing almost a third of residents. Considered an energy superpower, Canada is rich in natural resources and is strengthening its position as a global tech-hub with notable capabilities in Fintech, AI and Cybersecurity. Manufacturing accounts for 10% of Canadian GDP with strengths in automotive, aerospace, machinery and equipment and chemicals.

Clusters: Manufacturing, Automotive Manufacturing, Technology, Artificial Intelligence, Agriculture, Food and Beverage

Export Facts: 

  • Michigan’s largest export partner ($22.4B)
  • Michigan’s exports to Canada only decreased by 3.7% over the past five years
  • Michigan’s top three exports to Canada are Transportation Equipment ($14.0B), Machinery ($1.3B) and Oil & Gas ($1.1B) 

Export Support: The Consulate General of Canada 

Working closely with partners across Canada and capitalizing on the network of trade commissioners around the globe, we provide tailored and confidential support, connecting investors with the right people and locations to make successful investments.

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GERMANY


In 2019, Germany was the 4th largest export market for the United States with $2.0 billion in goods exported. The economy of Germany is highly developed with a 2019 GDP (Gross Domestic Product) of 3.95 trillion USD, ranking it as the 4th largest by nominal GDP globally. The country’s population stands at 83 million and is experiencing a 0.49% growth rate. Germany is the biggest economy in Europe, is centrally located in the European Union and represents one of the world’s largest trading blocs. German quality and productivity are important factors for the country’s competitiveness. Advantageous location characteristics and investment conditions make Germany a top destination for foreign direct investment in Europe and globally.

Clusters: Automotive, Production Technologies, Digitalization/Industry 4.0, Environmental Technologies, Health/Medical, IT, Aerospace, Electronics, and Services.

Export Facts:

  • Michigan’s 4th largest export partner ($2.0B)
  • Michigan’s exports to Germany increased by 6.6% over the past five years
  • Michigan’s top three exports to Germany are Transportation Equipment ($801.2M), Nonmetallic and Mineral Products ($475.4M) and Machinery ($214.6M)

Export Support: German Trade and Investment (GTAI)

GTAI is the economic development agency of the Federal Republic of Germany. With more than 50 offices in Germany and abroad, and its network of partners throughout the world, GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up in Germany.

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JAPAN


In 2019, Japan was the 5th largest export market for the United States with $1.5 billion in goods exported. The economy of Japan is highly developed with a 2019 GDP (Gross Domestic Product) of 4.97 trillion USD, ranking it as the 3rd largest by nominal GDP globally. The country’s population stands at 126.5 million and is experiencing a 0.2% growth rate. Japan is the third-largest economy in the world presenting an opportunity in nearly every business sector. It is the second largest computer and telecommunications market and is known for its large industrial robotics industry (ranks number one globally by number of robots in operation), pharmaceuticals, renewable energy, and smart agriculture.

Clusters: Automotive, aerospace, industrial machinery/robotics, electronics, chemicals/advanced materials, life sciences (pharmaceuticals, medical devices, etc.), tourism, food, energy

Export Facts:

  • Michigan’s 5th largest export partner ($1.5B)
  • Michigan’s exports to Japan increased by 18.6% over the past five years
  • Michigan’s top three exports to Japan are Transportation Equipment ($280.1M) Primary Metal Manufacturing ($243.9M) and Chemicals ($220.1M)

Export Support: Japan External Trade Organization (JETRO)
The Japan External Trade Organization (JETRO) is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. JETRO has 74 overseas offices in 54 countries worldwide, as well as 46 offices in Japan, including the Tokyo and Osaka headquarters.

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SOUTH KOREA 


In 2019, South Korea was the 6th largest export market for the United States with $1.4 billion in goods exported. The economy of South Korea is highly developed with a 2019 GDP (Gross Domestic Product) of 1.63 trillion USD, ranking it as the 12th largest by nominal GDP globally. The country’s population stands at 51.26 million and is experiencing a 0.1% growth rate. South Korea is a promising country for U.S. companies to conduct business. Major products used by Korean consumers have a high market share in global markets, which is a key reason global companies in the IT, food, household goods, fashion, game, and film industries have chosen South Korea as a test-bed market. In fact, U.S. companies have recently begun partnering with local Korean companies to expand market opportunities to third-country markets. South Korea remains one of the world’s most trade-dependent nations. Given its robust shipping and air cargo infrastructure, South Korea serves not only as a market endpoint for U.S. goods and services, but also as a hub for expansion into other markets. 

Cluster: Manufacturing; high-tech manufacturing for semiconductors, smartphones, and displays

Export Facts:

  • Michigan’s 6th largest export partner ($1.4B)
  • Michigan’s exports to South Korea are up 31.7% over the past five years
  • Michigan’s top three export categories to South Korea were Transportation Equipment (604.8M), Chemicals ($258.7M) and Primary Metal Manufacturing ($113.4M)

Export Support: Korea Trade and Investment Promotion Agency (KOTRA)

KOTRA is South Korea’s national trade and foreign investment promotion agency with 129 offices in 84 countries, functioning as a global business platform. KOTRA supports business partnerships between global enterprises and outstanding Korean small and medium-sized companies. By staying up to date on the latest information on trade, exhibitions, and investment, KOTRA can provide comprehensive support to Korean businesses and foreign companies.

Learn more export opportunities to South Korea: 

ITALY


In 2019, Italy was the 7th largest export market for the United States with $1.1 billion in goods exported. The economy of Italy is highly developed with a 2019 GDP (Gross Domestic Product) of 2.01 trillion USD, ranking it as the 8thlargest by nominal GDP globally. The country’s population stands at 60.36 million and is experiencing a 0.13% growth rate. Italy is one of the three key economies within the Eurozone. It is the 2nd largest manufacturing economy in Europe and the 5th largest manufacturing economy globally. The country takes full advantage from its natural location at the crossroad of the Mediterranean and Europe thanks to a strong and constantly improving transportation infrastructure system. Italy also ranks 5th in EU for the contribution of high-tech and medium-tech products and 6th for design applications.

Clusters : Aerospace, Agrifood, Automotive, Chemical and Phramaceuticals, Electronics, ICT, Life Sciences, Machinery

Export Facts:

  • Michigan’s 7th largest export partner ($1.1B)
  • Michigan’s exports to Italy increased by 7.9% over the past five years
  • Michigan’s top three exports to Italy are Transportation Equipment ($636.0M), Chemicals ($265.3M) and Machinery ($62.3M)

Export Support: Italian Trade Promotion Agency (ITA)

Italian Trade Promotion Agency operates through a worldwide network of 79 offices in 65 countries. ITA offices are the ideal gateway for enterprises interested in establishing business relationship with Italian partners, from sourcing Italian products, to investment opportunities in Italy.

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FRANCE 


In 2019, France was the 15th largest export market for the United States with $511 billion in goods exported. The economy of France is highly developed with a 2019 GDP (Gross Domestic Product) of 2.71 trillion USD, ranking it as the 7th largest by nominal GDP globally. The country’s population stands at 66.99 million and is experiencing a 0.21% growth rate. France is the second largest exporter and importer in Europe. It is home to Europe’s largest banking, aerospace and nuclear industries, the second largest agricultural and chemical industries and the third largest communications technology and pharmaceutical industries. Its manufacturing industry is vital to its exports and is responsible for nearly 27% of its GDP. France’s capital Paris is headquarters to a high number of Fortune 500 companies, which presents a vast market and big opportunity to those seeking to export to France.

Clusters: Healthcare, Food Industry, Robotics, Aerospace, IT, Financial Services, Logistics, Chemical Industry, Automotive Industry, CleanTech 

Export Facts: 

  • Michigan’s 15th largest export partner ($511M)
  • Michigan’s exports to France increased by 12.2% over the past five years
  • Michigan’s top three exports to France are Chemicals ($135.1M), Transportation Equipment ($103.3M) and Primary Metal Manufacturing ($82.6)

Export Support with France: Business France 

Business France contributes to the development and success of French and foreign businesses wishing to expand abroad by supporting them throughout the lifetime of their projects and is driven by an efficient, result-oriented working culture. Focused on creating value in France and across the world, Business France supports the international development of the French economy.

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