New Report Released! The Future of Trade: Positioning Washington State for Economic Growth in the Next Decade

by Colleen Boetel | Jun 23, 2022 | Publications

Executive Summary Favorable geography, a diverse economy, and an expansive public port system have enabled Washington state’s economy to reap the benefits of international trade helping the state’s businesses and farmers to thrive in the global marketplace. Indeed,...

Washington state and Israel trade: Leveraging opportunities for innovation and growth

by Colleen Boetel | Mar 23, 2022 | Publications

Executive Summary Washington state and Israel are globally recognized as centers of innovation, entrepreneurialism, and cutting-edge technology. Indeed, both followed a similar formula to achieve sustained economic success: a dynamic technology sector, international...

The Pacific Northwest Global Trade Hub Report

by Colleen Boetel | Nov 16, 2021 | Publications

TL;DR: This WCIT report (Nov 2021) highlights the importance of international trade for Washington state’s and Oregon’s economic growth and job creation. It emphasizes the need for policy updates to address new digital trade opportunities, supply chain...

The Washington Port System: Gateways to Growth at Home and Opportunities Abroad

by WCIT | May 11, 2021 | Publications

Activities at Washington’s public ports support over 175,000 family-wage jobs. With approximately 40 percent of all jobs tied to international commerce, Washington is the most trade-reliant state in the nation. Geographic advantages including proximity to the Pacific...

U.S.-U.K. Free Trade Agreement: Opportunities and Challenges for Washington State

by WCIT | Oct 13, 2020 | Publications

Negotiations between the United States and the United Kingdom on a free trade agreement offer great economic growth opportunities in Washington state. Read our new report and learn about the critical trade and investment relationship between both nations and what a...

International Trade and the Global Pandemic: Impacts of COVID-19 on Washington’s Trade Economy

by WCIT | May 21, 2020 | Publications

The WTO Predicts Global Goods Trade Will Decrease by Up to 32% Due to COVID-19. In our newest research, we examine the economic slowdown on Washington state’s top trade partners and its implications for the state’s economy. COVID-19 is hitting...