Sign up to recieve news and updates
HOME   |   CONTACT    Facebook Twitter LinkedIn Google+ Subscribe to MBDA Newsletter

You are hereHome > Global Opportunities and New Markets

Global Opportunities and New Markets

  • Submitted on 11 August 2015

    Created on August 11, 2015

    Africa Environmental Conservation and NatureThe Virginia/DC District Export Council (DEC*) is organizing a Trade Mission to the Canary Islands, November 16-20, 2015. The purpose of this trade mission is to help U.S. firms in the energy, environmental technologies, industrial equipment and supplies, infrastructure and logistics sectors find partners from the Canary Islands and other regions of Spain to sell products and services in West Africa and to learn about the advantages of setting up an operation in the Canary Islands to pursue opportunities in West Africa.

    Why West Africa? West Africa had the strongest economic growth of the African continent in 2014, at over 5 percent GDP. This rapid growth is generating opportunities and prosperity in all industry sectors.

    Join the District Export Council of Virginia and Washington, DC, and the U.S. Commercial Service on this trade mission to find your next customer:

  • Submitted on 04 August 2015

    Created on August 4, 2015

    Healthcare ITThe Health Information Technology (Health IT) sector has become an important, dynamic sector reshaping the healthcare system in the United States.  As other countries increase investments in their healthcare systems, they are interested in investing in digital products and services, driven by computers and mobile phones, rather than through paper-based systems. As a result, U.S. Health IT companies have become prime candidates to offer the technologies and services needed to meet the requirements of the 96 percent of patients based outside of the United States. The International Trade Administration (ITA) is committed to providing U.S. Health IT exporters the data-driven market intelligence they need to succeed globally – whether finding a company’s next export market or comparing opportunities for first-time exporters.

    This is the first Top Markets Report on the Health IT sector, providing exporters with analysis of future export opportunities, and possible barriers companies may encounter overseas. The Health IT Top Markets Report, part of the larger Top Markets Series, includes a methodology used to rank 80 potential export markets, eight country case studies, and several charts and graphs which show the market potential for the sector. The Health IT Top Market Report is forward looking, using data and analytics to project the strongest markets for future export growth; designed to help exporters compare opportunities across borders, identify opportunities for market expansion and/or market entry; and help exporters prepare effective strategies for entering or expanding their presence in foreign markets.

    So what does the future hold for the sector? With approximately $7 trillion in healthcare expenditures worldwide, the opportunities available for the Health IT sector are vast. However, since the rules and regulations governing the sector may not be keeping up with the innovations being developed, companies would greatly benefit from counseling and guidance from ITA when exploring opportunities overseas, both from the Top Market Report, but also through the ITA network of resources located worldwide.

  • Submitted on 29 July 2015

    Created on July 29, 2015

    Green TechnologyThe vibrant global trend seeking a greener built environment will help create some $46 billion in export opportunity for a group of U.S. building product manufacturers by 2017, according to new report Top Markets, Building Products and Sustainable Construction from the International Trade Administration. U.S. manufacturers of heating, ventilation, air conditioning and refrigeration equipment (HVACR), lighting, plumbing, insulation, wood products, doors and windows and glass construction products are well positioned to deliver on the resource conservation and environmental improvement benefits that are key goals of green building, and to meet traditional construction requirements.

    The ITA Top Markets study ranks 75 international markets in terms of 2017 sector export prospects, supported by country-specific case studies detailing market trends and the competitive state of play.  The study elaborates at least 5 key drivers of export opportunity:

  • Submitted on 22 July 2015

    Created on July 22, 2015

    Conference Call Small business owners often tell us that they have many questions about how to enter a new market - and those questions are magnified when it comes to doing business with Cuba.  There have been several changes to the bilateral relationship in recent months, and, to address your questions, I hope that you will join SBA Administrator Contreras-Sweet and other senior officials on July 29 at 4:00 p.m. ET to discuss the opportunities that exist for exporting to Cuba.

    Today’s re-establishment of diplomatic relations with Cuba and reopening of embassies in Washington and Havana is an historic step marking the new direction in U.S.-Cuba relations announced by President Obama last December. This step was preceded by a series of significant measures: in January, the Departments of Commerce and Treasury amended their regulations to increase travel, trade and the free flow of information to and from Cuba.  In April, during the Summit of the Americas in Panama, President Obama met with Cuban President Raul Castro.  And after a six-month review, Cuba’s designation as a State Sponsor of Terrorism was rescinded.  Significant challenges remain, and the President has acknowledged the U.S. will continue to press the Cuban government on areas of concern, in particular human rights and basic freedoms.  And the trade embargo remains, which can only be lifted through Congressional action.  Nonetheless, the President’s decision to reestablish diplomatic relations with Cuba and ease some commercial and travel restrictions is a step toward increased economic opportunity in our hemisphere - particularly for American small businesses. 

  • Submitted on 22 July 2015

    Created on July 22, 2015

    Top Markets SeriesLast year, the United States exported $2.34 trillion worth of goods and services—an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexico. What is more, exports are an increasingly important aspect of the U.S. economy. As the significance of exporting grows, the Obama administration and the Department of Commerce is committed to providing the data and analytics U.S. companies need to compete effectively in foreign markets.

    To meet this objective, the International Trade Administration (ITA) is leading the NEI Next Initiative, a customer service-driven strategy that is delivering improved information to American businesses to help them win when competing abroad. Of course, winning in foreign markets is often a case of investing resources as strategically as possible – i.e., picking which market to introduce a new product; or choosing whether to expand in one market or focus on opportunities elsewhere. That is why we are proud to release a new product line today: ITA’s Top Markets Series.

  • Submitted on 14 July 2015

    Created on July 14, 2015

    TanzaniaFollowing the recently concluded U.S.-East African Community (EAC) Commercial Dialogue, the Eastern Africa Diaspora Business Council in partnership with the Tanzania Embassy in Washington, DC will host a Trade Mission to Tanzania. This Trade Mission scheduled for August 5th -10th 2015, is designed to promote Tanzania’s sleeping giant, the agribusiness sector to U.S. Investors. This sector will play a significant role in energizing the Tanzanian economy to achieve poverty reduction through resourceful and productive processes that can accelerate economic growth, sustainable development and deeper integration of the Agribusiness sector in Tanzania through Public Private Partnership. 

    The Southern Agriculture Growth Corridor of Tanzania (SAGCOT) partners believe they can bring up to 350,000 hectares under production, creating 420,000 jobs, generating annual farming evenues of $1.2 billion, contributing to food security, and lifting more than two million people out of poverty by 2030. This Trade Mission is going to highlight opportunities of trade and investment with the U.S. under African Growth and Opportunity Act specifically by diversifying their exports as well as facilitating Tanzania's integration into the global economy. This mission will give investors a hand-on experience, with site visits, tours of key infrastructure facilities, meetings with key agencies and a round-table discussion with existing investors and top CEOs.

    The main U.S. businesses targeted for this Trade Mission include those in the Agriculture related sectors which include; financing, logistics, energy, cold storage facilities, infrastructure. Other mission highlights include an opportunity to visit a World Heritage site Ngorongoro Conservation area (also home of the Big 5) as well as a meeting with the East Africa Community Secretariat in Arusha, Tanzania.

  • Submitted on 13 July 2015

    Created on July 13, 2015

    Benin AmbassadorIt’s not every day when a credentialed ambassador to the United States leans over, eyes brightening, and says, “If small U.S. companies come to Africa, they will make money.  A lot of money.”

    He smiles as he savors the words a lot, as if tasting something delicious.

    But then it’s back to reality.  He’s asked about perceptions among U.S. businesspeople that much of Africa is decidedly unpalatable, unhealthy, unfriendly, and unprofitable.

    The Benin Ambassador to the United States Omar Arouna has heard it all before.  “Benin has been a stable democracy since 1990,” he explains.  “We have the same values, the same aspirations as the American people.  We see things exactly like the American people.”

    He wants more Americans to do business in Benin, a country the size of Kentucky on the coast of West Africa. Benin’s 10 million people work mostly in the service sector and in agriculture, where the main exports are cotton, pineapple, and cashews.

  • Submitted on 24 June 2015

    Created on June 24, 2015

    Exports: Key to Minority Business GrowthFree trade agreements make it easier and cheaper for U.S. companies to export their products and services to trading partner markets. By reducing trade barriers and creating a more stable and transparent trading and investment environment, it is easier and cheaper for U.S. companies to export their products and services to trading partner markets. Currently, the U.S. has free trade agreements with 20 countries. Last year 44 percent of U.S. goods exports went to FTA partner countries and supported 3.2 million jobs.1

    Why is this important? The U.S. has only five percent of the world’s consumers. With the remaining 95 percent living outside of the U.S., exports are vital to our economic stability and employment. The U.S. is currently negotiating a free trade agreement, the Trans-Pacific Partnership, with Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Jobs supported by exports to these countries increased by over 500,000 since 2009.

    Minority business owners possess unique advantages in the global marketplace: superior cultural knowledge and language skills; existing family relationships that allow access to critical market intelligence; intimate knowledge of local commercial/business culture, and general comfort with operating in a global environment. As the U.S. seeks to remain globally competitive, engaging minority-owned businesses is no longer a moral or civic imperative—it is an economic necessity.2

  • Submitted on 17 June 2015

    Created on June 17, 2015

    Business CounselingThis post originally appeared on the Department of Commerce blog.

    Two Central American countries, Nicaragua and Guatemala, continue to open doors for American companies who are seeking out new markets. The U.S. Commercial Service, the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration, helps U.S. companies get started in exporting and increase their sales to new markets around the world. Recently, the U.S. Commercial Service office worked with two companies, Second Frontiers and Battery Concepts, helping them expand sales and services into these important Central American countries.

    Second Frontiers, a global technology consulting firm specializing in the electronic equipment industry, announced their intentions to expand services to new markets and trade partners. In August of 2014, with the assistance of the Denver, Colorado U.S. Commercial Service office, Second Frontiers used the unique business match-making services that are part of the Gold Key Service program to travel to five Central American countries, including Nicaragua and Guatemala, to meet with prospective trade partners in their industry sector. The Gold Key program provides American firms of all sizes with customized, prescreened meetings with potential overseas clients. As a result of these meetings and expanded trade opportunities, Second Frontiers is now exploring the possibility of building additional office space, warehousing, and distribution centers in the U.S. The progress of their partnerships in foreign markets has been a major catalyst for Second Frontiers domestic growth and increased sales.

  • Submitted on 04 June 2015

    Created on June 4, 2015

    Afrca OpportunitySub-Saharan Africa is one of the fastest developing regions in the world with an average GDP growth of 5.2 percent.  According to data from the U.S. Census Bureau, almost 31,000 U.S. businesses exported to the African continent in 2013, of which approximately 92 percent were small- and medium-sized businesses (SMEs).

    Based on growth trends and a history of successful partnerships across the continent, the Sub-Saharan Africa region remains a priority for USTDA and will be highlighted during the month of June on Facebook and Twitter. USTDA will utilize social media to promote its programs, activities and potential U.S. export opportunities across the region.

What MBDA Does