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Italy US trade

Published on Nov 18, 2015

This a talk I gave at various events in Italy during the spring of 2015. This talk focused what is interesting about NYC for Italian businesses and why they should consider NYC as the first destination for expanding their businesses internationally.

PRESENTATION OUTLINE

Italy - US Trade opportunities

Ray Garcia books at amazon.com/author/raygarcia

2 million people

US Visitors to Italy each year
Italian is a love brand to Americans. It is a fantasy destination and a pilgrimage trip. Italy has not exploited this to,it's full effect yet and the while the tourist industry is large it is disconnected from the overall economic development of Italy. This remains a substantial opportunity.

Garibaldi

Garibaldi lived in NYC before going back to Italy to fight the wars to unite the country.

His statue is in Washington Square Park in NYC.

Americans think of all Italians as being one country and do not care or want to hear about North South divides or petty medieval city rivalries.

This pettiness is in the US as well and people coming to do business in NYC do not care about the fights in the US.

Italians in New York

NYC has as many people identifying themselves as Italians as their are people who live in San Francisco. This is larger than many Italian towns. 50000 of them were born in Italy.

Their are as many Italians globally as their are Italian in Italy. This is a huge market that remains untapped and makes it much easier for Italians to do business globally.

Greatest NYC Mayor for 3 terms to 1945

Italian Americans have left a legacy on NYC. Laguardia is responsible for the infrastructure the NYC thrives on. He remains as one of the most effective politicians that the city ever had.
He fought for the rights of all people in Nee York.

US Italy Trade (billions USD)

Trade between the U.S. and Italy continue to grow with Italy exporting more than twice what it imports. The US and Italy have a very important trade relationship that can grow well beyond the current levels.

Cuomo

Governor of New York
The CUOMO family is considered a political dynasty and his father was revered as governor of NY State. His son follows in this influence. Many people expect that he will run for President someday. They represent the pride of Italian Americans accomplishments and confidence.

60000 Readers daily

Italian newspaper in NYC
It is really easy for an Italian to feel as if NYC is a place for them. It is one of the only North American cities to have an Italian language daily newspapers with significant circulation.

US Italy Trade 2014

US imports from Italy have a lot of variety across sectors, with all food related produces making up a large portion but it also includes industrial equipment as well as all,other sectors.

Deblasio

Mayor of New York City
The mayor of NYC is also a proud Italian American who after he was elected made his first international trip to his home town in Italy.
He has publicly committed to help Italy succeed in doing business in NYC.

US Venture Capital 2014

US Investment Profile

Where is the money from?

  • Sovereign wealth funds
  • Institutional investors
  • Pensions funds
  • Family offices
  • Individual investors
Photo by c_ambler

NEW YORK PE Investment

the richest 10%

controls 73% of Americans' net worth
The richest 1% control 35% of the net worth in the US

US M&A Deals

SPEED or DIE Slowly

  • Take risk, go global
  • Share risk with investors
  • Give up control to talent
  • Compete with IP
  • Optimize returns at exit

Melting Pot

NYC has over 800 languages spoken 

Italy - US Trade opportunities

Ray Garcia books at amazon.com/author/raygarcia