Recognized for its top foreign direct investment strategy among major cities around the world, Chicago is the top North American city for investment according to IBM’s annual Global Location Trends report.
Chicago’s robust international business resources include 80+ Consulates/Consuls General, and 100+ international/ethnic Chambers of Commerce and international trade organizations.
Chicago’s 28 international sister cities also help to strengthen and expand the city’s global partnerships.
Chicago-based companies have a strong presence abroad, with more than 8,000 locations in 170 countries and territories—and it is easier than ever to expand those networks with more than 1,400 daily departures from Chicago to more than 200 cities worldwide.
In 2014, Chicago was ranked the 9th most visited city in the U.S. by international travelers with an estimated 1,378,000 visitors from overseas (excluding Canada and Mexico).
Total trade in Illinois has increased from $159.0 billion in 2010 to $207.9 billion in 2014.
Global exports, led by vehicles, electric machinery, and mineral fuels/oil, totaled $68.2 billion, while imports totaled $139.7 billion.
Major trade partners include
Canada – $67.1 billion in total trade (2014)
China (Mainland) – $34.2 billion
Mexico – $21.2 billion
Japan – $10.2 billion
Germany – $8.2 billion
Businesses in the Chicago area benefit greatly from a sizable and concentrated pool of specialized services.
Prominent companies in advertising, management consulting, finance, human resources, accounting, law and logistics all serve to promote businesses in Chicago and around the world.
Whether your business operates on a local, national or global scale, everyone benefits.