South Carolina-Made Goods Delivered Around the World
Annual trade and export figures released by the U.S. Department of Commerce put South Carolina’s 2023 export sales at $37.3 billion, defying a national trend where U.S. exports dropped 2.2% over the same timeframe. The automotive industry remained the state’s leading export — South Carolina was once again the nation’s top exporter of tires, and a national leader in the export of completed passenger vehicles. In total, South Carolina exports reached 211 countries in 2023.
Advancing Life Sciences, from Launch to Legacy
The life sciences industry is South Carolina’s fastest growing sector, accounting for an annual economic impact of $25.7 billion. With high growth potential and average wages nearly 80% above the state’s average, the industry’s upward trajectory is part of its selection as one of three target sectors in S.C. Commerce’s new strategic framework to guide future economic development efforts, announced in January 2024.
Committed to South Carolina's Business Community, from "Launch to Legacy"
Celebrating Economic Development Achievements, Opportunities
To recognize the innovations and talent supporting South Carolina in “advancing the future, now,” The 2024 Governor’s Economic Summit united state, business and community leaders Monday, Jan. 29, 2024, setting forth South Carolina’s long-term economic development vision. In addition to remarks by Governor Henry McMaster, Secretary of Commerce Harry M.
South Carolina achieves impressive economic development in 2023, including $9.22B announced capital investment
On the heels of a record-setting 2022, economic development throughout South Carolina showed few signs of slowing down in 2023. On Thursday, Jan. 4, 2024, S.C. Commerce announced its 2023 recruitment results, highlighted by a total capital investment of $9.22 billion — the second-highest amount in state history.