Organic processed products certified in the United States or Korea can now be labeled as organic in either country. This will allow American organic farmers, processors, and businesses greater access to Korea’s growing market for organic products. The arrangement between the two nations will take effect on July 1, 2014.
The U.S. Department of Commerce, through its Look South campaign, helps U.S. exporters to expand their markets and identify new opportunities in Latin America. U.S. goods exports to Peru, Panama, Mexico, and Colombia have increased every year since 2009.
Interested in exporting your small business’s goods or services outside the United States? Have you heard of free-trade agreements? Here’s what you should know about how they can benefit you in the exporting process.
The Obama Administration will build on the success of the National Export Initiative (NEI) by launching NEI/NEXT: a new customer service-driven strategy with improved information resources that will ensure American businesses are fully able to capitalize on expanded opportunities to sell their goods and services abroad.
NEI/NEXT will help more American companies reach more overseas markets by improving data, providing information on specific export opportunities, working more closely with financing organizations and service providers, and partnering with states and communities to empower local export efforts.
The United States exported $193.9 billion of goods and services in March 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
"As the numbers prove, consumers around the world favor U.S. goods and services, because they know 'Made in America' is the best you can buy," said Export-Import Bank Chairman and President Fred P. Hochberg. "Ex-Im Bank will continue to support U.S. exporters as they fill orders abroad and support jobs here at home."
San Diego is one of only six cities selected to participate in a new pilot program to attract foreign direct investment (FDI) to the region as part of the Global Cities Initiative, a joint project of the renowned Brookings Institution and JPMorgan Chase.
Over the last few weeks, events in San Diego and in Mexicali have highlighted industrial supply chain opportunities throughout Baja California's various manufacturing industries, says Co-Production International (CPI). The administrative and shelter services provider based out of San Diego notes regional growth underscored by the recent events targeting supply chain opportunities in Mexico.
For every one job created in manufacturing, at least two to three jobs are created to support the sector. Further, manufacturing firms create regional wealth by producing a product that is exported to other states and countries. This attracts additional funds to the region — creating business, individual and community wealth. Because of this ripple effect, manufacturing firms have a deeper impact on the state of the economy than most other industries.
Explore the new U.S. Small Business Administration exporting site. Small businesses looking to increase sales and profit are taking their businesses global. SBA provides counseling, training and financing to support small business export opportunities.
Co-Production International (CPI) announces its Baja Manufacturing Tour for this coming July 25th as Mexico releases positive trade surplus of almost $510 million dollars ending this April. With the country’s National Institute of Statistics and Geography (INEGI) reporting an April 2013 deficit of $1.22 billion dollars, this announcement has US companies keen on the Mexico manufacturing sector’s growth and contribution to export statistics reported for this year. CPI’s third quarter tour comes at a timely moment and aims to give US firms first-hand access to the benefits of manufacturing in Baja California.
In Santiago, USTR welcomed the decision of the Bachelet Administration to establish 50 SBDCs based on the U.S. model throughout Chile, in order to promote inclusive growth and strengthen our respective countries ties in the SME sector.
San Diego and Imperial Region Global Trade and Logistics: Employer Engagement Status and Summary Report presents employee skills needs within the Global Trade and Logistics industry. The report is a summary of the meeting between representatives of local companies involved in international trade and community college educators to discuss the skills employers looks for in employees in this industry. Read the full report here:
By weight, 75 percent of U.S. international trade moves through the nation’s ports and harbors. Those ports support, directly and indirectly, more than 13 million American jobs.
NOAA provides environmental intelligence to support safe, efficient, and environmentally sound navigation through U.S. ports. NOAA produces the nation’s nautical charts, which provide essential navigation information such as water depths; locations of dangers to navigation; locations and characteristics of aids to navigation; anchorages; and other features.
U.S. Secretary of Commerce Penny Pritzker today announced the Department of Commerce will expand its overseas resources to help U.S. businesses navigate additional global markets and sell their goods and services to customers all over the world. The Department’s International Trade Administration will add a total of 68 new positions and open offices in five new countries, including its first in Burma. The expansion is largely focused on fast-growing markets in Asia and sub-Saharan Africa.
International trade is a key driver of California’s economy.
Golden State companies export more than $158 billion worth of goods – from computer equipment to strawberries – to foreign markets every year. California also exports an impressive $89.3 billion in services, the highest total in the country. And foreign-owned companies employ 567,000 people all across the state.
South County is preparing for a large growth spurt, as long-range projects start construction and new investors head south, regional leaders said March 13 at a roundtable discussion held by The Daily Transcript.
Exporting is one of the most effective ways for small firms to expand their markets and grow their businesses. In 2013, President Obama announced that the United States would begin negotiating a comprehensive Transatlantic Trade and Investment Partnership (T-TIP) with the European Union.