Africa and the Middle East
Australia and New Zealand
Central and South America and the Caribbean
More than 1,200 biotech companies are located in the UK, and these companies are currently developing 900 biopharmaceutical products.
Innovative technologies are especially in demand as the industry moves toward sustainability.
The UK industry is the largest in Europe and second-largest in the world.
Wisconsin manufacturers can supply equipment to the world's eight-largest food market.
Longer lifespans and increased expectations for quality of life are driving continued growth.
The agency is also making plans for possible Brexit scenarios.
Domestic supply cannot keep up with demand, creating opportunities for Wisconsin companies.
Depending on how Brexit plays out, companies with a presence in the UK may be looking to move to mainland Europe.
Wisconsin companies can help meet the demand for food processing machinery and food imports.
In particular, devices and supplies for retirement homes are needed.
France is one of the world’s most advanced economies and is a leader among European nations. Guillaume Lacroix, the consul general of France to the Midwest, offers insight into this important export market.
Brexit, as the proposal for the United Kingdom to exit from the European Union is known, is causing many companies to rethink their European strategies. Learn more about Brexit and its impact in this question-and-answer with the trade office that represents Wisconsin in the UK market.
An estimated 80% of the plants are in need of modernization.
Self-controlling machinery, sensor-aided production systems, automated data generation and cybersecurity are current areas of opportunity.
While some orders were canceled, increases in production of other models provide opportunities for Wisconsin suppliers.
Wisconsin companies can help the European nation expand its capacity for wind, solar and other forms of renewable energy.
The marking indicates that a product has been assessed to meet the European Economic Area's standards for safety, health and environmental protection.
The Balkan state is planning major investments in hydropower, solar and wind.
This creates opportunities for Wisconsin suppliers of innovative products or solutions for the energy sector to collaborate with UK companies involved in these initiatives and distributors that are actively seeking new technologies in this industry.
The strong growth of the overall economy is creating demand for imported products.
More than 90 percent of woodworking equipment in Russia is imported, and Wisconsin manufacturers of this equipment can help meet the need.
These hospitals will need equipment and supplies, and the country imports the majority of its medical technology, creating opportunities for Wisconsin exporters.
Wisconsin companies can provide agricultural technology to support the current focus on efficiency, cost savings and sustainability.
The German water technology market is the largest in Europe, and is still growing. Wisconsin companies can benefit from the strong partnerships that already exist between Germany and Wisconsin.
Germany is home to more than 150 international trade fairs that attract up to 170,000 exhibitors and up to 10 million visitors annually.
Despite concerns about Brexit's impact on the economy, the growth of this industry indicates it is still a solid area for investment.
Despite the sanctions currently in place, opportunities exist to supply products not subject to sanctions, such as tea, coffee, wine, beer, spirits, baked goods and candy.
Sustainability and connected systems are especially in demand.
There are opportunities for Wisconsin firms in aircraft interiors and aerospace energy efficiency.
The Baltic nation plans to produce excess renewable energy so it can trade with EU member countries that are not on track to achieve the 2020 renewable energy targets.
This strong growth is creating opportunities for Wisconsin companies.
The European nation has set targets to put less waste in landfills and increase the use of incineration and waste-to-energy plants.
Trends including an aging population, growth in private health care, and increasing life expectancy are creating opportunities.
Hospitals and other health care facilities have room for improvement in the food they serve to patients, and Wisconsin companies can be part of the solution.
Innovative packaging solutions are needed to serve the food and beverage, pharmaceuticals and cosmetics sectors for both domestic consumption and processing for export.
Wisconsin companies should not just assume their usual business customs will lead to the desired results.
Although European companies are already active in the market, there is still room for Wisconsin suppliers, as Latvia's economy booms and it seeks to reduce its energy dependence.
A recovering Spanish economy is creating demand for machinery for sectors including plastics, food processing, textiles, leather, metalworking, agriculture, automotive, wind power, and home building.
Wisconsin companies can supply food for domestic consumption as well as distribution to other markets.
Wisconsin companies can help the country meet the capacity goal by the 2020 deadline.
Even though the country exports in all these categories, its imports in the same categories are significant, and Wisconsin companies can supply some of these imports.
Though small, the market can serve as an entry point into southeastern Europe, and products such as grains, snap peas, maple syrup, ginseng and cranberries are particularly needed.
Although there are already many European companies active in the market, there is still room for innovative Wisconsin suppliers.
The country is a distribution center within Europe for many companies, and has rising health care expenditures domestically as well as an ecosystem of research and development for innovations that make a worldwide impact.
Aerospace is the most important segment of French manufacturing, and Wisconsin companies can contribute a larger share of U.S. exports to France in this category.
Agriculture and information technology are two particular areas of opportunity.
The country is looking to both increase imports and expand its domestic production, and Wisconsin companies can play a role in both.
The sector is growing rapidly as Ireland's economy shifts its emphasis away from legacy industries.
Aviation and aerospace products are the country's leading category of imports from the U.S., spelling opportunity for Wisconsin exporters.
WEDC can assist companies with identifying a trade show that fits their objectives, and with 150 to 170 shows per year, Germany offers many prime options.
The U.S. is the second-highest source of this investment, and Wisconsin companies not yet considering this market may wish to take a closer look.
New regulations taking effect have increased demand for energy-efficient lighting, and Wisconsin supplies nearly half of U.S. exports to Italy in this category.
Greece imports significant amounts of meat, grains, dairy, seafood, fruits and vegetables, creating opportunities for Wisconsin companies.;
The environment, renewable energy, and national defense are expected to be among the top priorities of the new coalition government.
Domestic production is not keeping up with demand, creating opportunities for Wisconsin products and technologies.
Foreign investment into Russia has moved from a net outflow to a net inflow for the first time since 2012.
As the industrial production sector modernizes, domestic suppliers are unable to keep up.
Growth in the Muslim population has created opportunities for companies that understand the cultural factors involved in marketing to this group.
Renewable energy, medical technology and industrial machinery are sectors of particular promise.
Industrial machinery, medical equipment and food are key sectors of opportunity for Wisconsin companies in this market.
With domestic demand not matching up to production capacity, the Russian government is subsidizing exports.
Productivity improvements will be key to maintaining the economies' positive growth, and they will be looking to import machinery.
The country will need imports of equipment and technologies in order to reach the EU target of 15 percent of the energy supply coming from renewable sources by 2020.
The nation will need to make use of all available sources, including land-based and offshore wind energy, to meet its renewable energy targets.
The market for medical technology and devices in the United Kingdom, around $9.6 billion in 2016, is the sixth-largest in the world. Business Monitor International expects a growth of 12.5 percent through 2019. Three-quarters of the demand is met by imports, providing opportunities for Wisconsin firms.
The Russian government offers subsidies to makers of medications on the essential drugs list, and Pfizer and Abbott Laboratories have already launched agreements with Russian partners to allow them to enter the market.
Sewage, drinking water, flood and drought: Czech water management is facing great challenges, and is preparing for major investments to meet those challenges. The European Cohesion Fund will provide around $860 million to improve Czech water infrastructure over the next five years. Water and sewage treatment plant operators may apply for subsidies. Furthermore, in order to mitigate droughts, large water storage tanks are being built.
The world’s top location for trade shows, Germany hosts about 150 international trade fairs a year, attracting up to 170,000 exhibitors and up to 10 million visitors annually. These visitors and exhibitors spend $13.4 billion annually, boosting economic output by $26.2 billion.
When it comes to nuclear energy, the relationship between Belgium and the U.S. started at the end of the Second World War and has remained close since Belgium’s involvement in the Manhattan Project.
Conversations With…Filip Korinek Filip Korinek is the trade representative for WEDC covering the Czech Republic and Poland. He is also the managing director at EasyLink Business Services. Filip oversees a team of more than 25 local in-market consultants at EasyLink, which covers 15 markets in Central & Eastern Europe. He has vast market knowledge and…
Russia’s manufacturing sector attracted most of the foreign direct investment in the country in 2015, as the number of projects with full or partial foreign ownership rose to a record level.
The Life Sciences 2030 plan is an initiative from the HollandBIO association, and was established by leading companies and experts in this sector. According to HollandBIO, the Dutch life science sector comprised 455 companies with 24,000 employees in 2015, mostly in research and development. One of the goals for 2030 is to have 1,279 companies and over 60,000 employees active in this sector.
Every year, over 250,000 public authorities in the EU spend around 14 percent of the EU’s GDP on the purchase of services, works and supplies. In many sectors such as energy, transportation, waste management, social protection and the provision of health or education services, public authorities are the principal buyers. In order to create a level playing field for businesses, the EU law sets out minimum, harmonized public procurement rules, which are translated into national legislation and apply to tenders whose monetary value exceeds the following amounts:
Market News Update Market: Italy Date: September 2015 Milan Expo: "Feeding the Planet, Energy for Life" Why this is important to Wisconsin businesses: Opportunities for companies in Wisconsin's food and agriculture sectors Industry/sector: Food and Beverage, Agriculture/Timber Alhough Expo Milano 2015, the globe’s largest exposition with an average of 20 million visitors, is almost over (it runs May 1…
The Russian government has moderated the embargo conditions placed on products imported from the U.S., Canada, Australia, the EU countries, Ukraine and several other European countries. According to a ruling published on the official site of the Russian Legal Information Service, the ban has been lifted on poultry meat, frozen beef, and dried and frozen vegetables used in the production of baby food. Importers will have to prove that products entering Russia are intended for children’s consumption. The Ministry of Agriculture has been tasked with developing a method for authenticating these deliveries. It will also determine the acceptable volumes of the imported products that are no longer affected by the ban.
Market News Update Market: Luxembourg Date: December 2015 Luxembourg: Where Data Meets Medicine Why this is important to Wisconsin businesses: Given Wisconsin’s expertise in information and communication technology as well as medical devices, this trend presents opportunities for Wisconsin companies. Industry/sector: Bioscience, Health Technology, Medical & Scientific, Information Technology As Europe prepares to face major demographic changes, there is an…
Market News Update Market: Russia Date: January 2016 Investors May Benefit from Russia's Economic Turmoil Why this is important to Wisconsin businesses: U.S. and European companies are opening facilities in Russia to take advantage of low labor, energy and materials costs. Industry/sector: Multiple Sectors Despite a drop in oil prices, Russia’s economy is still generating enough currency to…
Market News Update Market: Germany Date: March 2015 Germany’s Increasing Strength in Wind Power Why this is important to Wisconsin businesses: A new cluster of startups in Germany seeks to exploit the digital revolution in the medical sector, creating new business opportunities. Industry/sector: Energy New figures from the European Wind Energy Association (EWEA) reveal that nearly 11.8GW of…
With a share of one-fifth of Spain’s total merchandise exports, the capital goods industry (machinery, electrical and transportation equipment) is the country’s most important export industry. At the same time, Spain is a major importer of machinery components and parts. In 2015, Spain bought goods from abroad for $312 billion, and 10 percent of this amount, $30 billion, went toward machinery purchases.
“Global Challenges, Smart Solutions” is the theme of the Netherlands delegation at Hannover Messe 2016. Dutch technology companies will show their pragmatic, inventive and strong interdisciplinary approach and their international cooperation toward solving challenges in water technology, energy, health care and food production.
Wisconsin’s Strong German Roots Create Great Export Prospects Thanks to a long history of German immigration and a shared manufacturing and agricultural heritage, Wisconsin has been called one of the most German states in the U.S. These deep roots have cultivated a strong trade partnership with the country. Germany’s markets present excellent opportunities for companies…
Export Q&A: Hannover Messe Trade Show Q: What is Hannover Messe? A: Hannover Messe is the world’s leading event for industrial technology. The trade fair, which is located in Germany, is expected to draw more than 200,000 attendees and 6,600 exhibitors from 62 counties this year. Exhibitors will represent industries including industrial automation, industrial supply,…