Trade Translation Services in Los Angeles
The trade industry is one of the most important in Los Angeles. It’s a big reason why the city and its surrounding areas have emerged as a global leader in sectors like manufacturing and design.
This article will highlight the exact role that trade plays in the Los Angeles economy. We’ll also cover why translation services are critical to ensuring LA’s bustling trade economy continues to thrive.
Key Stats for the Trade Industry in Los Angeles
- Combined, the Port of Long Beach and the Port of Los Angeles are the largest in the Western Hemisphere
- The Port of Los Angeles alone handled over 10 million freight containers in 2021
- More than 160,000 workers in Los Angeles County support the international trade sector
- LAX processed 2,974,073 tons of cargo in 2021
Los Angeles is a Trade City with Many Options
Companies in this industry choose to do business in the Los Angeles area because of how easy it is for them to do so. A business can take advantage of either the Port of Long Beach or Los Angeles when they wish to send or receive goods via ocean freighters. Or, they can utilize LAX – Los Angeles’ airport, which is one of the largest in the entire world. LAX alone processes nearly $100 billion in value every year.
And finally, if a company needs to distribute its products throughout the United States, they can easily do so from LA. The city is home to major trucking companies and is connected to the nation’s leading rail lines, including the Union Pacific.
How Trade Impacts LA’s Economy
Los Angeles’ status as a trade industry giant impacts its economy in many different ways. Some of these are more obvious than others.
For example, the trade industry employs over a hundred thousand people in the LA area. That’s tens of millions of dollars worth of wages that get filtered back into the LA economy on a daily basis.
LA’s advantages as a center for trade have also led many businesses to locate their operations in the area. Companies like Reliance Steel, Avery Dennison, and Mattel might not base their operations out of Los Angeles if it was more difficult to conduct trade in the region.
Finally, all of this economic activity around the trade industry helps to attract a lot of attention from foreign investors. More than 4,500 companies in the LA area are owned or affiliated with foreign parent companies. And these foreign businesses would not choose LA as their primary American location if it was difficult to conduct trade here.
Translation Services and the Trade Industry
Companies in the trade industry and those that are impacted by it rely on professional translation services in many different ways. Here are some of the top examples of how the translation industry helps to facilitate global trade in Los Angeles.
A big part of the international trade industry is negotiating deals between large, international organizations. Many of these companies may conduct themselves internally in languages other than English.
Translation firms make it easier for English-speaking businesses to negotiate with international parties. They can translate things like:
- Negotiation communications
- Product information
- And more
Armed with translated versions of these types, a company in Los Angeles can adjust nimbly in the face of changing negotiations.
Shipping requirements can vary considerably from one country to another. One of the biggest variances is the differing language requirements that companies have to deal with when they send goods to non-English-speaking countries.
Translation firms remove this burden from a trade company’s plate. With their help, a business in this industry can translate items like:
- Unloading instructions
- Legal documents
- And more
Trade companies also need to deploy global marketing efforts to make sure that their services are used in every market that they enter. Translation firms help with this by translating documents like:
- Website content
- Blog posts
- Social media ads
- Printed and digital advertisements
- Mobile apps
- And more
Global Workforce Engagement
Finally, many trade companies that are based out of Los Angeles need to use a global workforce to unload and package goods in different parts of the world. Native language materials are needed to ensure these international workers are able to do their jobs correctly.
Translation firms help with this by translating documents like:
- Job applications
- How-to guides
- Information about benefits
- And more
Visit our Los Angeles Translation Services page to learn about other industry-targeted translation services provided to companies throughout California.