Since its founding Memphis has been a major player in the dynamic arena of international commerce. Memphis ranks within the top twenty fastest growing export areas in the nation and ranks in the top thirty of metro areas in total export sales. Imported goods are shipped to Memphis by rail, water, truck, and air where they clear customs, are warehoused, assembled, and distributed throughout North America. The distribution infrastructure currently in place will ensure continued growth in both importing and exporting activities.
Foreign investment plays an important role in the city's international scene.
There are over 150 foreign owned companies, representing over 20 nationalities, doing business in Memphis. These companies represent a multitude of industries and employ over 17,000 local citizens. The future for Memphis and international business is excellent. Foreign investors will become more inclined to view Memphis as a North American beachhead and thus establish sales, distribution and manufacturing operations in the area. The Memphis economy is becoming more interwoven with the global market and continues to attract the interest of foreign investors.