Northeast Florida working to develop export strategy following market assessment

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The Jacksonville/Northeast Florida Metropolitan Region has released an export market assessment, a critical step in the development of a regional export strategy. This strategy is part of JAX/Northeast Florida’s participation in the Global Cities Initiative, a joint project of the Brookings Institution and JPMorgan Chase. Mayor Alvin Brown formed the Metro Jacksonville Global Cities team in 2013 after Jacksonville was selected as one of eight metro areas to join the new export exchange network.

The market assessment evaluates the region’s current export economy and identifies many areas with great potential for growth when it comes to exporting from the Northeast Florida region. Key findings from the assessment include:

• Regional companies that export grow dramatically faster than non-exporters
• Four of the top 10 exports from Northeast Florida are in the service sector — rather than product — related
• Companies with unique services, brands or products have and can achieve significant export success

View the full assessment

During the next few months, under the leadership of Mayor Alvin Brown, the Metro JAX/Northeast Florida Global Cities Core Team and Steering Committee will work to develop strategies and programs that address these findings and capitalize on the region’s export growth potential.

The local team is also continually building a list of companies that export or have the potential to grow their international activity. If a company exports or is interested in exporting, or would like to be involved in the Global Cities Initiative, please contact Ted Carter, executive director, at the City of Jacksonville’s Office of Economic Development at (904) 630-1979 or tcarter@coj.net.