Louisiana’s Vital Role in International Trade and Commerce
Nestled in the heart of the southern U.S., the state boasts a unique global gateway. International trade in Louisiana is predominantly anchored by its ports, which offer specialized intermodal transportation, playing a pivotal role in facilitating imports and exports and fostering trade relationships with countries worldwide.
International investment in Louisiana is also diverse, covering a spectrum of industries. The state’s agricultural sector is a significant contributor, exporting commodities such as soybeans, rice and corn to various global markets. Louisiana’s process industry sector also stands out, supplying chemicals, plastics and petrochemical products to numerous countries.
The state’s energy sector, particularly its oil and natural gas production, significantly influences international trade. Louisiana’s refineries, pipelines and LNG terminals play a critical role in the global energy market. The state’s expertise in energy production and its role in shaping the global energy landscape has provided numerous opportunities for international trade partnerships.
The logistical advantages of doing business in Louisiana have placed the state at the epicenter of world trade for centuries. Today, major public and private investments are ensuring that Louisiana’s international commerce leadership role will be secure for generations to come.
Foreign Trade Zones
Home to seven designated FTZs for importing, manufacturing or reshipping, Louisiana provides foreign companies with customs-free import, reshipment and manufacturing options. FTZs are designated areas where certain regulatory and customs procedures are streamlined to encourage and promote international trade. These zones provide advantages such as deferred or reduced customs duties, improved supply chain efficiency and opportunities for businesses to compete more effectively in the global marketplace.
Louisiana FTZ Locations
- Alexandria
- Baton Rouge
- Gramercy
- Houma
- New Orleans
- Lake Charles
- Shreveport