Peoria Public Radio News
6:24 am
Mon September 9, 2013

Peoria ranks 12th for global trade

Peoria is ranked among the top cities for global trade. The city is ranked 12th by Global Trade Magazine. It says Peoria’s businesses continue to do well despite a sputtering economy, shipping 17-billion-dollars worth of goods last year. The magazine says that’s in part to the city’s low corporate real estate taxes and growth of new businesses. 

The city also is ranked 18th among the top metro-areas for export value last year. The International Trade Administration says Peoria metropolitan area accounted for nearly 22-percent of merchandise exports for the state. The area’s top export categories include machinery, chemicals and metal products.