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Export Expansion


  • Submitted on 04 February 2014

    Created on February 4, 2014
     

    City life in ChinaThis post originally appeared on Census Global Reach Blog.

    Specialists from the Commercial Service can help you overcome challenges in the market and reach specific goals. Below are some tidbits of knowledge that stemmed from last year’s American Association of Clinical Chemistry (AACC) tradeshow in Houston, Texas. Three Commercial Specialists from Beijing, Chengdu, and Guangzhou participated in the USDOC’s Showtime Program. They met one-on-one with U.S exhibitors at the show and discussed each company’s unique challenges and goals in these diverse regions of China.

    Below are some things to keep in mind when trading with China.

  • Submitted on 04 February 2014

    Created on February 4, 2014
     

    Hannover Messe, Select USA and U.S. Commercial Service

    For the fifth consecutive year, the U.S. Commercial Service’s Select USA team will organize the USA Investment Center at the world’s largest industrial technology show, the Hannover Fair, April 7-11, 2014. The USA Investment Center is a joint pavilion of the federal SelectUSA Program and participating Economic Development Organizations from U.S. states, cities and regions. The USA Investment Center promotes the United States as the premier global business location to over 6000 industry exhibitors and 200,000 trade visitors. It offers EDOs a cost effective turn key package of meeting space, joint marketing and promotion as well as individualized support to maximize business development and recruitment efforts of U.S. EDOs. Here are just some of the benefits of participation:

  • Submitted on 30 January 2014

    Created on January 30, 2014
     

    In May 2013 ERD LTD received the Export Achievement Award while repairing industrial electronic equipment for companies around the world.This post originally appeared on International Trade Administration Tradeology blog.

    Doug Barry is a Senior International Trade Specialist in the International Trade Administration’s Global Knowledge Center. 

    ERD Limited is a North Carolina-based company that has seen its number of export markets more than quintuple in less than three years. In that time span, its revenues from global sales went from four percent of total revenue to 25 percent.

    Tom Robinson of ERD Limited sat down with ITA’s Doug Barry to discuss how his company expanded to so many export markets with support from the International Trade Administration and other government partners.

    Barry: Describe your company. How did it start?

    Robinson: ERD Limited is an electronic repair facility. It is engineer-owned and operated. We have been in business for about 20 years in Kernersville, NC. We’re different from our competitors in that we do what we call high-level electronic repairs, of all types and varieties, on basic boards to sophisticated robotics. We deal in what’s called “legacy electronics.”

  • Submitted on 30 January 2014

    Created on January 30, 2014
     

    Cargo with ContainersCaribbean Trade Mission & Business Development Conference to Dominican Republic, Haiti, Jamaica, Bahamas, Barbados and Trinidad and Tobago. Caribbean regional conference followed by one-on-one business appointments with pre-screened potential buyers, agents, distributors, joint-venture partners or other key contacts.

    Mission Dates:  June 8-12, 2014
    Registration Deadline:  April 4, 2014
    Registration Link: http://export.gov/tradeamericas/tradeevents/trademissions/caribbeanjune2014/index.asp

    Caribbean Region Webinar Series

    This six-part webinar series will provide valuable insights to new and experienced exporters who will gain knowledge of the export opportunities in this dynamic region. Companies will learn about the best prospects, financial and legal considerations and marketing strategies in the Caribbean Region to include Dominican Republic, Haiti, Jamaica, Bahamas, Barbados and Trinidad and Tobago.

  • Submitted on 24 January 2014

    Created on January 24, 2014
     

    National Export Initiative Connects Businesses with World Markets

    World Map and ChartsDid you know that according to the latest U.S. Census Bureau data, minority-owned firms are twice as likely to export as other U.S.-owned businesses? The data indicates that minority-owned firms are best positioned to succeed and expand in the growing global economy. With 95 percent of the world’s consumers outside of the United States, exporting enables businesses to boost their bottom line while building their international competitiveness. For many U.S. firms, international diversification has enabled them to weather changes in the economy much better than if they had been selling only in their backyard.

    That said, many more minority-owned firms could be exporting more. Many business owners that I meet don’t export, in part because they believe exporting is too burdensome, or they’re unaware of the various resources available to assist them. However, expanding your business through exporting is more viable today than ever before. If you have a good track record of selling in the United States, one of the most open and competitive markets in the world, you are likely a good candidate to make overseas sales.

    In 2010, President Obama launched the National Export Initiative (NEI),aimed at expanding federal government-wide efforts to assist exporters while supporting millions of U.S. jobs.  These efforts have helped contribute to record U.S. exports culminating in an all-time high of $2.2 trillion in 2012. As a result of the NEI, more and more businesses are taking advantage of key export tools and resources to expand their global market share.

  • Submitted on 13 January 2014

    Created on January 13, 2014
     

    Look South LogoDuring President Barack Obama’s Weekly Address, he expressed that, “Latin America represents an incredible opportunity for the United States, especially when it comes to my top priority as President: creating good, middle-class jobs… Right now, over 40 percent of our exports go to the Americas.”

    As part of the Obama administration’s continued work to promote exports and strengthen the U.S. economy, U.S. Secretary of Commerce Penny Pritzker unveiled "Look South,” a new initiative aimed specifically at increasing U.S. trade with Latin American economies with whom the U.S. has free trade agreements (FTA).

    Look South is part of the Commerce Department’s “Open for Business Agenda,” and supports President Obama’s National Export Initiative by encouraging the expansion of export markets. Minority business enterprises (MBEs) are uniquely positioned to benefit from the Look South effort, which will help them expand to new export markets and generate more revenue. MBEs are twice as likely to export compared to non-minority firms, more than three times as likely to generate 100 percent of all their sales from exports, and are better able to expand abroad because of linguistic and cultural ties to a region. View Minority-Owned Firms Lead the Nation in Exporting Fact Sheet

  • Submitted on 30 December 2013

    Created on December 30, 2013
     

    Canada USA FlagsThe U.S. Commercial Service and the Embassy of the United States of America in Canada is pleased to announce our upcoming webinar series on “The Logistics of Doing Business in Canada.” The North American Free Trade Agreement (NAFTA) has made doing business in Canada easier, however, many questions still exist.

    This webinar series will give you the opportunity to get answers to the most frequently asked questions, as well as answer your specific questions.

  • Submitted on 26 November 2013

    Created on November 26, 2013
     

    Doing Business in AfricaActing Deputy U.S. Commerce Secretary Patrick Gallagher delivered remarks at “From DC to Africa: Growing Local, Going Global,” a business forum hosted by the D.C. Office on African Affairs to raise awareness of opportunities for U.S. companies to do business in Africa. D.C. Mayor Vincent Gray also gave remarks at the forum and introduced Dr. Gallagher.

    The event also marks the first anniversary of the launch of the Commerce Department’s Doing Business in Africa Campaign (DBIA) by then-Acting Commerce Secretary Rebecca Blank in Johannesburg, South Africa.

    Last year, President Obama issued the U.S. Strategy Toward Sub-Saharan Africa and said the region is poised to be the world’s next greatest economic success story. In fact, sub-Saharan Africa is home to six of the ten fastest-growing economies in the world. U.S. exports to Africa currently top $21 billion a year, and enormous opportunities exist for more U.S. companies to export goods and services there. DBIA works to take advantage of those export and investment opportunities by encouraging more robust commercial engagement in sub-Saharan Africa.

  • Submitted on 30 October 2013

    Created on October 30, 2013
     

    USTDADates: November 3-14, 2013

    Location: Washington, D.C.; San Diego, Sacramento and San Francisco, CA

    The U.S. Trade and Development Agency (USTDA) is supporting a regional Reverse Trade Mission (RTM) intended to introduce 13 officials and project developers in the waste-to-energy and related biomass power subsector in Indonesia, the Philippines and Thailand to relevant U.S. industry suppliers, service providers and regulators. This regional activity will support USTDA's effort as part of the U.S.-ASEAN Connectivity Cooperation Initiative as well as the U.S.-Asia-Pacific Comprehensive Energy Partnership.

    There will be a Business Briefing for U.S. companies to meet with the delegates in order to learn more about specific project opportunities and upcoming procurements on Tuesday, Nov. 12th in San Francisco, CA.

  • Submitted on 18 September 2013

    Created on September 18, 2013

     

    Dates: September 22-October 3, 2013

    Locations: Washington, DC; Richmond and Norfolk, VA; Indianapolis, IN; Joliet and Chicago, IL

    U.S. Trade and Development Agency is sponsoring a reverse trade mission (RTM) to the United States for a delegation of public and private sector representatives from Southern Africa's rail sector, to explore U.S. technologies and best practices for intermodal freight transportation.

    In addition to showcasing U.S. equipment and services, this RTM will also expose the delegates to U.S. policies, regulations, and financing mechanisms that can support the implementation of intermodal freight transportation projects in Southern Africa.

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