Resources

Southeast Asia is a leading center of growth for the global economy. The region has a large, diverse talent pool, and rapid economic expansion indicates the market’s significant long-term growth potential. Southeast Asian countries have invested in upgrading their manufacturing production processes with modern technologies, signifying a capacity that can support a wide range of goods and an increasing number of sectors. With access to some of the world’s largest shipping lanes, the region is also strategically located to combat China’s rising economic power.

Mexico has emerged as one of the foremost exporting markets in the world. The country has a large and diversified labor pool that continues to grow and become more highly skilled, while labor costs simultaneously remain low. Mexico’s proximity to the U.S. can significantly shorten supply chains; combined with the robust infrastructure found in North America, it is a competitive alternative to China. Its horizontal capabilities support a wide variety of sectors, and the country specializes in manufacturing for several industries.

India has one of the world’s fastest-growing economies, simultaneously experiencing rapid expansion in recent decades and significantly dropping poverty rates. India’s population recently exceeded that of China to become the largest in the world and the working-age population is projected to expand by almost 100 million in the period to 2030.

Central and Eastern Europe (CEE) is home to some of the most competitive economies in Europe. The markets are well integrated in European supply chains and many local companies boast significant experience in producing goods for worldwide export markets.

This Guide to Supply Chain Management and Importing aims to curate directories of professional service providers, education opportunities, networking events, and online resources to assist Virginia businesses in optimizing their supply chains and importing.

This guide provides an overview of incentives and tax credits provided by the Port of Virginia.