Charleston Regional Development Alliance

Berkeley, Charleston & Dorchester Counties

Printed from www.crda.org

Global Business

Since our founding in 1670, international commerce has been a key driver of the Charleston economy. With one of the world's most productive seaports, quick access to international air hubs in Washington D.C. and Atlanta, plus a state-of-the-art communications infrastructure, Charleston provides companies a seamless connection to world markets.

With many of the world's most prominent industrial developers establishing a footprint in the region, more than 20 million square feet of class A industrial capacity is in development within 30 miles of the port. About 60 miles from the port, another 1,300 acres is being developed as an intermodal logistics hub integrating rail, truck, distribution and manufacturing capacity. Learn more about port-related developments in the Charleston region.
related information

Global Business DevelopmentInternational Trade & Business EducationForeign Trade Zone 21SBA HUBZonesTrade-Related Resources
South Carolina's export development team can help companies of all sizes identify potential markets and customers for their products and services through a number of proven export services.
  • The South Carolina Department of Commerce has two international offices:
  • Nearly 100 firms in the Charleston region are owned by parent companies outside the United States.
  • These firms represent about 22 countries and locally employ approximately 10,000.
  • South Carolina has the highest percentage of citizens working for internationally owned companies in the nation.

View list of top international employers
The South Carolina World Trade Center (SCWTC), headquartered in greater Charleston, is advancing South Carolina's economy through the development and growth of international trade. The SCWTC is part of the World Trade Centers Association, representing nearly 300 cities in 90 countries. The SCWTC is ranked among the association's top centers.
  • Assists companies with issues related to both imports and exports
  • Promotes foreign trade opportunities via a highly active trade missions program
  • Provides education in the fields of importing, exporting and international business relations
  • Fosters international relations through hosting foreign visitors, participating in tradeshows and conducting trade missions

  • The Moore School of Business at the University of South Carolina (about 100 miles from Charleston) offers the nation's top graduate and undergraduate programs in international business, according to US News & World Report.
  • The Center for International Education at the College of Charleston teaches students to address the challenges of an increasingly global market environment.
  • Trident Technical College offers associate degree programs in both international business and transportation/logistics. The college's International Education Office and Resource Center serves as an information resource for issues of global interest.
  • Through the globalMARKETS program, South Carolina high school students are introduced to the global economy, world cultures and careers in international trade.
  • Global Trade Initiatives (GTI) at the College of Charleston offers international trade education for students and business professionals; outreach to include mentoring, student internships, and trade services; and research to ensure that international business knowledge conveyed to the community at large is up-to-date and relevant.

Companies involved in international trade can take advantage of nearly a dozen general-purpose sites within Foreign Trade Zone 21, comprising almost 8,000 acres (3,238 hectares) of space. The South Carolina State Ports Authority serves as the grantee of FTZ 21.

FTZs are restricted-access sites that allow businesses to store and process goods or raw materials duty and quota free until they're transported into the Customs territory of the United States or into another NAFTA country (Canada and Mexico).

The region's FTZ sites are conveniently located near the Port of Charleston, the most productive port in North America. The sites also allow for easy access to the region's expedient rail system and highway network.
The HUBZone Program is an initiative of the U.S. Small Business Administration with the mission to promote job growth, capital investment, and economic development to historically underutilized business zones. The SBA provides contracting assistance to small businesses located in the economically distressed communities, which are referred to as HUBZones.

The areas of the Charleston MSA that are qualified as HUBZones are indicated on this map.