Nationally Ranked No. 12

In Per Capita Exports, CT: $4,394

Total Exports: $15,380,000,000

Source: Office of Trade & Industry Information (OTH), Manufacturing and Services, International Trade Administration, U.S. Department of Commerce, 2008

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Regionally Connecticut is centered between Boston and New York, but more importantly Connecticut is at the center of the world.

Foreign-based corporations employ more than 100,000 people and have invested $13.4 billion in Connecticut.

Connecticut is already home to an extensive list of foreign based companies and every year Yale University attracts the best and brightest from across the globe. Connecticut also offers easy access to international airports in Boston and New York and deep water ports locally and at Port Elizabeth, New Jersey.

Key Factors:

Location - Access to International Gateways

Drive times from Connecticut's Central Coast to international airports:

  • JFK International Airport - 1 hour 10 minutes
  • Newark International Airport (NJ) - 1 hour 24 minutes
  • Boston's Logan International Airport - 2 hours and 15 minutes

All 3 airports offer convenient flights to Europe and Asia. Because of flight paths travel times to Asia are only an hour longer from the Northeast than they are from airports on the Pacific Coast.

Port Elizabeth, New Jersey and its 54 container cranes are only 1 hour and 20 minutes from Connecticut's Central Coast

Yale University

Yale University consistently attracts the best and brightest from around the globe. 16% of the student body is made up of international students. 102 countries are represented and China, Canada, South Korea, Germany, India and the U.K. have the majority of these students. In the past school year Yale was home to more than 1,900 international scholars. Yale's international base allows for foreign based companies to easily tie into the region.

In higher education, Connecticut can boast of a number of fine programs in Japanese language and culture, including those at Yale and Wesleyan Universities and Trinity College, as well as at several secondary schools. The public school system in Norwalk is particularly noteworthy in this respect, offering Japanese language instruction at all levels, kindergarten through high school, and sponsoring active exchange and extracurricular programs.

The German School of Connecticut provides German language and culture instruction for children Pre-K-12 and adults in a professional and friendly atmosphere. Besides offering classroom activities, it provides an international and intercultural environment and a forum for US-German friendship. It offers a modern view and an up-to-date picture of life in the German speaking countries.

Strong Base of Foreign Based Companies

Foreign-based corporations employ more than 100,000 people and have invested $13.4 billion in Connecticut. Connecticut has always been a diverse state open to many cultures.

Major foreign based firms include Assa Abloy, Boehringer Ingelheim, ING, Royal Bank of Scotland, UBS and Unilever. In 2008 China's Ministry of Health opened a publishing house in Shelton.

The state has long been home to large populations of Irishmen, Italians and Puerto Ricans. There are also significant influences from the Portuguese, French, Finns, Polish, Ukrainians, Albanians, Brazilians and Japanese.

Active Import/Export Trading

Exports by Connecticut companies totaled $13.7 billion in 2007, giving it a per capita ranking of 12th nationally on this key indicator. Roughly 57 percent of these exports went to Canada and Europe. Transportation equipment (aerospace) is the largest export at $5.8 billion and supports roughly two of five transportation equipment manufacturing jobs in Connecticut.

Foreign Trade Zone Information:

  • FTZ No. 76 - Bridgeport
    Operated by the Bridgeport Port Authority, (203) 384-9777
  • FTZ No. 162 - New Haven
    Operated by the Greater New Haven Chamber of Commerce, (203) 469-1391

Info Links:

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