Why Hawaii Companies Should Export
- Hawaii is a small market, so growth is limited if businesses sell only locally
- 95% of world’s consumers are outside of the U.S.
- Exporting can help diversify the client base and grow Hawaii companies
Economic Impact of Exports for 2021 (not including tourism) – for each billion dollars of exports:
- Sales generated = $1.68 billion
- Household income generated = $503 million
- State taxes generated = $71.9 million
- Jobs generated = 8,777