Some of the multinational firms derive a very high percentage of sales relative to total sales from countries outside of their home countries.Ten such firms from the ING Erasmus 100 Top International Firms published in Dec 2013 are listed below:
| Rank | Company | Foreign Sales/Total Sales (in 2013) |
|---|---|---|
| 1 | Roche Group | 98.90% |
| 2 | Novartis | 98.80% |
| 3 | Liberty Global | 98.60% |
| 4 | SAB Miller | 98.40% |
| 5 | Nestlé | 98.40% |
| 6 | Royal Philips | 97.30% |
| 7 | Hon Hai Precision | 97.20% |
| 8 | Teva Pharmaceutical | 96.90% |
| 9 | Barrick Gold | 96.60% |
| 10 | Rio Tinto | 96.20% |
Source: ING Erasmus 100,Rotterdam School of Management, ING Economics Department, December 2013
Pharmaceutical companies dominate the list with Swiss-based Roche Group(RHHBY) having almost all of its sales outside Switzerland.The world’s largest generic drug market Teva(TEVA) of Israel also high foreign sales.According to the authors of the report:
US firms score relatively low on this ranking due to their large home market. Firms like Wal-Mart, General Motors, Ford, Microsoft and PepsiCo all obtain less than half of their sales abroad.
Disclosure: No Positions
