Commerce.gov is getting a facelift soon. See the new design.
Syndicate content

Blog Category: National Association of Manufacturers

Growing Exports with the New Market Exporter Initiative

NAM President and CEO Jay Timmons tours Muscatine Foods in Iowa with the chairman of the company, Gage Kent.

Guest blog by Jay Timmons, president and CEO of the National Association of Manufacturers.

The National Association of Manufacturers (NAM) and the Department of Commerce are working together to achieve President Obama’s goal of doubling exports by 2014. The New Market Exporter Initiative (NMEI) will make it easier for manufacturers to identify new markets, find new customers for their products and grow their business.

Exports are a key part of any competitiveness agenda. Ninety-five percent of the world’s consumers live outside of the United States. With the right tools and resources, manufacturers can increase their exports and find new customers.

Many of these manufacturers don’t have the resources to conduct extensive research on new possible export markets. Small and medium-sized firms, for example, account for 95 percent of all exporters in the U.S., yet only about one-third of all exports. The NMEI helps small and medium-sized manufacturers that are currently exporting to one or two countries expand their export sales to new markets. 

Commerce, NAM and FedEx Join Forces to Boost U.S. Exports

Commerce Department, National Association of Manufacturers, Fedex Join Forces to Boost U.S. Exports

Secretary Locke joined by Sureesh Kumar, Russell Fleming and Gov. John Engler pose after the NMEI press conferenceU.S. Commerce Secretary Gary Locke joined Governor and President of the National Association of Manufacturers (NAM) John Engler and FedEx officials today at the Commerce Department to announce a new partnership that will help increase U.S. exports and create jobs in America. NAM, the nation’s leading manufacturing association, is the first industry organization to launch the Department’s New Market Exporter Initiative (NMEI), which will bolster President Obama’s National Export Initiative (NEI) by identifying NAM members and FedEx customers who already export and helping them expand to new international markets by connecting them with Commerce Department trade specialists.

Commerce, NAM and FedEx will work with businesses to identify key markets, build market-entry strategies and provide the guidance needed to take high-quality products and services from the U.S. to global markets – building their businesses, increasing American exports and supporting new jobs at home. Small- and medium-sized companies interested in expanding into new markets will have access to the free resources and tools available through a nationwide network of international trade experts and global shipping specialists. Activities to build awareness will include outreach at trade shows, direct mail campaigns and online registration for resource support.

“We know that American businesses produce world-class goods and services,” Locke said. “What we can improve is connecting those businesses to the 95 percent of the world's consumers living outside our borders. This partnership with the National Association of Manufacturers will do just that – helping to link manufacturers, especially small- and medium-sized firms, with new markets abroad.”

Manufacturers play a key role in exports with two-thirds of all manufactured goods contributing to overall exports. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs.