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Top 10 Export Markets for Virginia’s Maritime Industry

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In partnership with Old Dominion University, this newly-released report presents overviews of the top 10 markets for maritime defense exports by Virginia defense contractors. 

An abundance of export opportunities exists for maritime companies, in both products (sensors and chemical detection devices) and services (systems engineering and information technology services). These market openings have been augmented by the need for numerous countries to counteract the increasing frequency of piracy in critical commercial lanes around the world.

The U.S. military is shifting its maritime activities focus to the Pacific Rim. Ship conversions and deactivations, privatized naval and port security, unmanned underwater vehicles, and anti-piracy activities are projected areas of business opportunities for Virginia maritime companies.

Each of the markets listed below offer the best opportunities to exporters from Virginia.

Top 10 Export Markets for Virginia’s Maritime Industry:

1

Japan

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2

Australia

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3

United Kingdom

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4

South Korea

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5

Israel

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6

India

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7

Turkey

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8

United Arab Emirates (UAE)

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9

Mexico

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10

South Africa

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