NAICS Code 531120-09 - World Trade Centers

Marketing Level - NAICS 8-Digit

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NAICS CODE 531120-09
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NAICS Code 531120-09 Description (8-Digit)

World Trade Centers are commercial buildings that serve as international business hubs for companies engaged in global trade. These centers provide a range of services and facilities to support international trade, including office space, meeting rooms, exhibition halls, and trade information centers. World Trade Centers are typically located in major cities and are designed to facilitate the exchange of goods, services, and ideas between businesses from different countries.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 531120 page

Tools

Tools commonly used in the World Trade Centers industry for day-to-day tasks and operations.

  • Trade information databases
  • International shipping software
  • Multilingual communication tools
  • Video conferencing equipment
  • Currency exchange calculators
  • Global market research tools
  • International trade compliance software
  • Customs brokerage services
  • Freight forwarding services
  • International trade finance software

Industry Examples of World Trade Centers

Common products and services typical of NAICS Code 531120-09, illustrating the main business activities and contributions to the market.

  • Import/export companies
  • International logistics firms
  • Trade associations
  • Customs brokers
  • Freight forwarders
  • International banks
  • International law firms
  • International trade consultants
  • International marketing firms
  • International trade publications

History

A concise historical narrative of NAICS Code 531120-09 covering global milestones and recent developments within the United States.

  • The World Trade Centers industry has a long and storied history, with the first World Trade Center being built in New York City in 1973. The World Trade Center was a symbol of American economic power and was home to many businesses and government agencies. However, on September 11, 2001, the World Trade Center was destroyed in a terrorist attack, killing thousands of people and changing the course of history. Since then, the World Trade Centers Association has worked to rebuild and expand the industry, with new World Trade Centers being built in cities around the world. In recent years, the industry has focused on promoting international trade and investment, with World Trade Centers serving as hubs for business and commerce. In the United States, the World Trade Centers industry has faced many challenges in recent years, including the COVID-19 pandemic and the changing global economy. However, the industry has remained resilient, with many World Trade Centers adapting to new technologies and business models. For example, the World Trade Center in New York City has become a hub for technology startups, while the World Trade Center in Los Angeles has focused on promoting international trade and investment. Overall, the World Trade Centers industry in the United States has a bright future, with many opportunities for growth and innovation.