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Industry Report
Asia Pacific

Infrastructure in India

June 1, 2019

Infrastructure has become a major focus for India’s Government. Their plan is to develop industrial corridors and smart cities. The original plan only focused on major cities in the country, however they have now expanded their plan to include second and third-tier locations in order to expand opportunity outside of the major cities that dominate economic progress in India. The Government also has plans to repair or build new airports, highways, schools and hospitals throughout the country.

This report focuses on the following 5 segments within the infrastructure sector:

  • Road Transport & Highways
  • Railways
  • Shipping & Ports
  • Civil Aviation
  • Urban Development

For each of these segments, growth drivers, trends, government initiatives, and the future outlook are identified in the report.

Industry Report
Europe

Market opportunities for Virginia exporters in Sweden and Denmark

May 6, 2019

It is said that the Nordic countries are so alike that they can easily work together, yet so different that they can still learn a lot from each other. A Dane, a Swede and a Norwegian might understand each other’s language, and to non-Scandinavians the Nordic countries may look very similar due to their close cultural and historical ties. They are all advanced welfare states, with a large public sector and high level of taxes.

Due to small home markets, a high percentage of the Nordic manufacturers are also experts on global sales and the technology base is very high as is the level of digitization. How to enter the Scandinavian markets is similar to many other export markets – the importance of careful preparation cannot be overstated. However, the Scandinavians are very receptive to foreign products and services as they are always looking to improve their competitive advantage.

Industry Report
Asia Pacific

China’s consumer market: Current trends and marketing strategies to appeal to a new generation of consumers

March 5, 2019

Although Chinese consumer confidence is increasing, firms must keep up with faster product iteration. Over half of the brands in the top 100 list for consumer products will fall out of the list in 10 years. While Chinese consumers have more money to spend, they also have more choices leading to greater competition between brands. The market requires constant innovation to fill the needs of the newest generation of consumers who are interested in trying new products.

This report offers Virginia companies an overview of the Chinese market for consumer products, including trends, analysis, and recommendations in key, growing industry sectors (ie. Baby Products, Food & Beverage, Home Décor). Companies will also find an overview of general trade regulations including import licensing, product standards and labeling.

Industry Report
Middle East

Market Opportunities in the United Arab Emirates

October 1, 2018

The United Arab Emirates (UAE) government is in the process of implementing a comprehensive strategy to diversify its economy away from the oil and gas sector and achieve optimal balance between its various sectors such as healthcare; aerospace and defense; and ICT to ensure sustainability and create new business opportunities. 

Vision 2021 identifies healthcare as one of the main pillars of their development agenda. Based on this plan, the national Ministry of Health and the related emirate-specific healthcare authorities create policy and related action plans. 

Launched in September 2018, Tomorrow 2021 is a USD 13.6 billion initiative launched by the government to shape the economic future of Abu Dhabi. The reform looks at four areas of stimulating business and investment; quality education; research and development; and enhancement the quality of life through cultural, sporting and transport initiatives.

Abu Dhabi Economic Vision 2030 focuses on expansion of economic sectors such as Aerospace, Defense, Healthcare and IT. 

Dubai will be the host city for Expo2020, and for the first time in history, the majority of visitors will come from outside the host country. Expo presents a multitude of opportunities as the country gears up to provide housing, power, security, healthcare, and everything in between in addition to construction of a city within a city on the Expo campus itself.

Based on the strategic initiatives taken by the UAE government, this report focuses on opportunities within the Aerospace, Defense, Life Sciences and Healthcare, and Information Communication Technology (ICT) sectors.

Industry Report
Latin and South America
North America

Education and Training Market Demand – Mexico

August 28, 2018

Employers and employees are the thirstiest for improvement in skills development, which includes more traditional educational concepts like critical thinking and communication as well as 21st-century job skills, so there is an immediacy of demand from them. The private sector has also proven more accessible to Virginia exporters despite the state’s strong experience with government. Services and products benefiting the public sector are of course critical in Mexico as they are in the US, but they are most efficiently delivered by international sellers through a private-sector partner in Mexico.

Aside from improvement of the general quality of education itself, employers, employees, and all of the organizations, companies, and agencies trying to link them together, need assistance in introducing process management to the national workforce. Evaluation, classification, matching and combining information regarding the skills and interests of workers and employees in the market are in various ways all in demand.

By offering products and services in Mexico to assist in training and education, Virginia exporters offer support in an area that is not only very valuable to Mexico in economic terms, but also near to the hearts of many and the subject of great political and social focus. The report offers some avenues for entering the market with these capabilities, focusing on events and associations to assist with networking as well as guidance on different models for market entry.

Industry Report
Asia Pacific

E-commerce in China: Current trends, key players and how to leverage China’s growing trend

August 14, 2018

E-commerce (commerce conducted via the Internet) represents a paradigm shift in international trade. Technologies, processes, and ideas have always disrupted supply chains, logistics, marketing, and regulatory environments, however e-commerce, which emerged in the last few decades, is going further by transforming consumer behavior, blurring the laws behind economies of scale, and opening vast new markets (according to a Cisco report about 1.5 billion more people have access to mobile phones than clean water). Moreover, e-commerce is showing no signs of slowing.

This report offers Virginia companies an overview of the Chinese market for e-commerce and ways to access and leverage it. Companies will find:

  • A summary of current trends (e-commerce business models, platforms, market segments, and market sizes)
  • A list of key global e-commerce players that are present in the Chinese market
  • Trends in cross-border e-commerce, mobile e-commerce, and mobile payment
  • Information on local legislation and regulations
  • Useful trade associations, trade events, and e-commerce service providers