California is a leading economic player on the global stage – it is the fifth largest economy in the world. California is the agricultural capital of the United States, the cultural capital of the Pacific Rim, and the innovation capital of the world. Trade and foreign direct investment are at the center of California’s economy. The state handles over $600 billion in exports and imports, relies on the skills and talents of 40 million residents, including 11 million immigrants, and leverages its leading position in the world to propel the economy forward.
California ranks first in the United States in two-way trade, agriculture exports, technology exports, and foreign direct investment. These numbers translate to millions of jobs across the state. International trade supports 4.7 million California jobs and foreign direct investment is responsible for over 750,000 jobs.
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The International Affairs and Trade unit within GO-Biz is the state’s primary point of contact for trade, foreign direct investment, and international affairs. The unit works to create jobs and increase revenues for California enterprises by implementing a comprehensive export and investment strategy in coordination with key regional partners. Additionally, the unit provides critical support on international affairs and develops international agreements that promote economic cooperation between California and foreign trade partners.
Are you a foreign business looking to operate in California? Welcome! Visit the California Business Portal to learn more about the services we provide.
Are you a California company trying to expand your exports? Great! Go to the International Trade page to learn about export assistance programs.
Source: U.S. Census Bureau
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Refer to GO-Biz International Delegation Checklist for more information.