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Blog Category: International Trade Administration

International Trade Administration’s Commercial Service Makes Exporting Easier for Small Businesses

U.S. Commercial Service Logo

In early 2011, Vanport Outfitters received its first commercial overseas order from Japan. That is when they started working with the U.S. Commercial Service, which assisted them throughout the export process. Some challenges Vanport faced included building brand awareness and finding quality contacts overseas to do business with. To address these issues, Vanport used U.S. Commercial Service business matchmaking services. “As a small company, few have heard of us, and are already selling competing products from better known firms. We find that we have to work hard to demonstrate that we’re serious about our craft. We really enjoyed working with the U.S. Commercial Service and found that the services provided helped make selling our goods outside the country easy, and we are continuing to build our brand awareness,” said Thomas Craig, Business Manager at Vanport Outfitters.

The company decided to focus on their export potential and actively pursue other markets, and in doing so, relied on assistance provided by the Trade Information Center, including market research, trade counseling, and assistance with export regulations. The result was that Vanport Outfitters has received additional orders from ten different countries, and is planning to export into East Asia, Oceania, Europe, and Canada.

Pre-Registration Opens For SelectUSA 2013 Investment Summit

SelectUSA Summit 2013

Pre-registration is now open for the SelectUSA 2013 Investment Summit! This first-ever event will take place in Washington, DC on October 31 and November 1. 

The two-day SelectUSA 2013 Investment Summit will connect international and domestic investors and firms with economic development organizations (EDOs) from across the country in an effort to promote investment here and support the creation of American jobs.

Through a series of presentations and panel discussions, Summit participants will hear from world-class business leaders, senior Administration officials, and industry and technical experts. The Summit will feature an exhibition area where EDOs can showcase their business opportunities. Participants will also learn what Federal resources are available for investing in the United States. Another key component of the Summit will be matchmaking sessions, with opportunities for extensive networking.

SelectUSA, located within the International Trade Administration of the U.S. Department of Commerce, was established by President Obama in 2011. This Presidential initiative is charged with leading federal government efforts to promote the United Sates as the premier global investment destination and facilitate investment in the nation. SelectUSA provides counseling to the global investment community, serves as an ombudsman for investors, and advocates for U.S. cities, states, and regions competing for global investment.

International Travelers to the United States Post Record Numbers in Visits and Spending

Bryce Canyon National Park

U.S. Under Secretary for International Trade Francisco Sánchez highlighted new data today that show spending by international visitors to the United States in April 2013 totaled nearly $14.5 billion, an increase of more than 5 percent when compared to April 2012. International visitors have spent an estimated $57.9 billion on U.S. travel and tourism-related services year to date in 2013 (January through April), an increase of 8 percent when compared to the same period last year.

Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $11.2 billion during April. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel. Fares received by U.S. carriers (and U.S. vessel operators) from international visitors totaled nearly $3.3 billion for the month. The United States enjoyed a favorable balance of trade for the month of April in the travel and tourism sector, with a surplus of nearly $4.2 billion.

In 2012, international travel and tourism spending reached a record $168.1 billion, up 10 percent from 2011. The increase was the result of a surge in international visitors to the United States: in 2012, a record 67.0 million international visitors came to the United States, an increase of 4.3 million from the year before. Highlights of the 2012 arrivals data show that Canadian visitors set a record with 22.7 million visitors, up 6 percent.  Mexico was second with a record 14.5 million arrivals, up 8 percent. The U.K., (-2 percent), Japan (+14 percent), and Germany (+3 percent) rounded out the top five. Countries among the top 20 with the largest increase in 2012 from the previous year were: China (+35 percent), Colombia (+21 percent), Venezuela and Argentina (both up +20 percent), and Brazil (+ 19 percent). All five countries set records for visits to the United States in 2012.

The Department of Commerce Supports U.S.-ASEAN Partnerships

ASEAN Member Nations

It’s no secret that Asia is a source of tremendous economic growth. For more than 35 years, the United States and The Association of Southeast Asian Nations’ (ASEAN) member countries have worked to foster economic development through trade and investment.

This week, officials from the U.S. Department of Commerce and the Office of the United States Trade Representative (USTR) will join a visiting delegation of Association of Southeast Asian Nations (ASEAN) economic ministers for the ASEAN Economic Ministers (AEM) Road Show events in Los Angeles and Silicon Valley, California, as well as in Washington, D.C. U.S. government officials from the U.S. Departments of Commerce, USTR, and State. Trade ministers from ASEAN member states (Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam) will meet with Members of Congress, local government officials and business leaders to discuss various trade issues, commercial diplomacy, and trade-openness. The U.S. Department of Commerce is specifically committed to economic engagement with ASEAN in support of the White House Expanded Economic Engagement (E3) initiative. ASEAN’s rapid economic development, growing middle class, and combined total trade of over $200 billion in goods and services speak to the tremendous enterprise and potential of the region. 

By 2015, ASEAN seeks to establish a unified economic market. The United States supports the integration efforts by ASEAN to establish an ASEAN Economic Community (AEC), which will benefit both ASEAN economies and its U.S. business partners. The AEC would establish free flows of goods, services and foreign direct investment, as well as freer skilled labor and cross-border capital flows.

ASEAN’s progress toward establishing AEC, will have a strong impact on U.S.-ASEAN trade and investment. With a combined population of nearly 600 million people, an integrated ASEAN will lead to greater economies of scale and lower costs – which will help companies, workers and citizens in both the U.S. and ASEAN thrive.

The Commerce Department will continue to play a strong and active role in engaging with ASEAN. Commerce will do its part to foster more public-private relationships and support trade missions to ASEAN countries to help strengthen U.S.-ASEAN economic futures.

Guest blog post: Developing Foreign Business is Easier than You Think

Portrait of Friesen

Guest blog post by Dr. Cody Friesen, founder and president of Fluidic Energy, an associate professor at Arizona State University and a member of the U.S. Manufacturing Council.

As the founder of Fluidic Energy and a member of the Department of Commerce’s Manufacturing Council, I’m always mindful of the state of the economy. It’s impossible not to notice the beneficial impact of trade, and the importance of manufacturing, to the continued growth of U.S. exports.

The Manufacturing Council exists to advise Commerce leadership on the best policies to support manufacturing and U.S. exports.As great as exporting sounds in theory, the barriers to exporting can seem high to many small or medium-sized companies, but that’s really not the case.

I had the privilege of joining Acting Secretary of Commerce Rebecca Blank and 19 other American companies on a trade mission to Latin America, discussing infrastructure development in the region.

We were able to meet one-on-one with government officials and foreign company executives who will be shaping the growing infrastructure of these growing economies. We made crucial contacts and learned the critical facts in each country that will help us to maximize the opportunities for our company in the region.

The Department of Commerce was instrumental in pulling together the meetings most meaningful to Fluidic. The Gold Key Matching Service and the local International Trade Administration staff, especially the U.S. Commercial Service personnel, in each country made it possible to rapidly assess potential business opportunities.

Digital Government Strategy Brings Big Changes to the Commerce Department

Today marks the one-year anniversary of the Digital Government Strategy, an effort by the Administration to transform public-facing government services in line with 21st century expectations. The Department of Commerce has made some big strides in providing better information to citizens in a timely manner through multiple formats and increasing access to services on mobile devices. The goal is to make citizen services and information available anywhere, anytime, and on any device, and in formats that facilitate additional use by public developers and entrepreneurs.

Technology is changing so rapidly that nearly 50% of American adults own a smart phone today, up from 35% only one year ago. To help keep pace with the rapid deployment of mobile technology, Commerce is working hard to ensure our services and data are available to citizens in whatever format and on whatever device they prefer. For example, earlier this week, NOAA released a mobile app to provide free nautical charts for recreational boaters to ensure safer and easier boating. NOAA is putting the finishing touches on the iOS version of their Shortfin Mako Shark Live Release app for public release next week. The success of these apps builds upon the America’s Economy app from the U.S. Census Bureau that already has more than 90,000 downloads.

We also have released the additional data for public consumption. For example, the International Trade Administration has released an application programming interface (API) for Export Trade Events so that data can be used by other organizations to pull the most relevant events for their members. The Department's Bureau of Industry and Security created the Commerce Control List Order of Review Decision Tool, a new web-based tool to assist exporters in understanding changes being made as part of the Administration's Export Control Reform Initiative. All information available for public use is on Data.gov and also on our new Developer page. The release of this data and APIs is intended to provide developers, researches, entrepreneurs and others with the ability to access government data in ways that make it easier to use and program.

Department of Commerce Helps American Company Secure $42 Million Contract With Colombia

Advocacy Center logo

Contract supports $38 million in U.S. exports

U.S. Acting Secretary of Commerce Rebecca Blank today announced that L-3 Communications Corporation Warrior Systems Sector (Londonderry, New Hampshire) and its distributor Aviation Specialties Unlimited (Boise, Idaho) recently secured a contract from the Government of Colombia worth $42 million. The announcement comes on the heels of Acting Secretary Blank’s trade mission to Brazil, Colombia and Panama, which wrapped up on May 17. The trade mission included 20 U.S. firms with expertise in a wide variety of infrastructure industry sectors, and was intended to help American companies expand their business opportunities in Brazil, Colombia and Panama and promote U.S. exports.

“L-3’s export success is a concrete example of the Department of Commerce’s continued efforts to help U.S. firms be more competitive in this growing market,” said Acting Secretary Blank. “L-3 benefited from an aggressive, coordinated interagency commercial advocacy campaign spearheaded by our Advocacy Center to win a contract that will increase U.S. exports and support American jobs. With U.S. exports reaching an all-time high of $2.2 trillion in 2012, and supporting nearly 10 million American workers, the work of our Advocacy Center and U.S. embassies across the world is more important than ever. I congratulate L-3 Communications and their distributor Aviation Specialties Unlimited on winning this valuable contract.”

The contract will support $38 million in U.S. exports, as well as nearly 50 American jobs, according to L-3. Through this contract, L-3 will provide fully-assembled night-vision goggles, spare parts, tooling and test equipment to the Colombian government. Full release

57 U.S. Companies and Organizations that Export Goods or Services Honored at the 2013 President’s “E” Awards Ceremony

Acting Commerce Secretary Rebecca Blank Honors More Than 50 U.S. Companies for Export Successes While Kenneth E. Hyatt, Acting Deputy Under Secretary for International Trade, Looks On

Acting Secretary of Commerce Rebecca Blank today honored 57 U.S. companies and organizations that export goods or services at the 2013 President’s “E” Awards ceremony. This year marks the 51st anniversary of the “E” Awards, which recognize significant contributions to increasing American exports. Today’s set of honorees, many of which are small- and medium-sized enterprises, was the largest group in three decades to receive this distinguished award.

Winners of the 2013 “E” Awards represent diverse communities from 22 states across the country. They hail from places like Gilman, Conn., Cleveland, Ohio, Eagan, Minn., Parsons, Kan., Broussard, La. and Vacaville, Calif. Of the honorees recognized at today’s ceremony, 47 are small- or medium-sized enterprises, 33 are manufacturers, and 31 fall into both categories.

There are four categories in which companies can receive an award. This year, 37 companies were honored with the “E” Award for Exports for demonstrating a sustained increase in export sales over several years. Twelve companies that assist and facilitate export activities were honored with the “E” Award for Export Service. Five firms received the “E” Star Award for Exports, which recognizes previous “E” Award winners who have shown four years of additional export growth. Finally, three were awarded the “E” Star Award for Export Service, which recognizes previous “E” Award winners that have shown four years of continued support of exporters since first winning the “E” Award. Two companies are receiving the “E” Star Award for Exports for the second time, a first in the fifty-one year history of the program. Complete list of  “E” Award and "E" Star Award winners.

Acting Secretary Blank Highlights Success of the U.S.-Panama Trade Promotion Agreement

De. Blank seated at speakers' table at AmCham Panama

Exports are critical to supporting American jobs and helping U.S. businesses grow.  Increasing international trade is one of the Commerce Department’s top priorities.  U.S. Acting Commerce Secretary Rebecca Blank wraps up her week-long Latin American trade mission in Panama this week which highlighted the importance of the bilateral trade relationship between the two countries. In her remarks before the American Chamber of Commerce (AMCHAM) Panama today, Acting Secretary Blank marked the success of the U.S. Panama Trade Promotion Agreement (TPA), which went into effect on October 31, 2012 and is a key component to increasing bilateral trade between the two countries.

Panama’s economy has seen double-digit growth over the past two years and continues to be a critical market for U.S. exporters. Between 2011 and 2012, the total volume of trade between the United States and Panama grew by 21 percent, reaching a total of $10.5 billion. With the implementation of the TPA, more than 87 percent of U.S. exports of consumer and industrial exports immediately became duty-free. Prior to the TPA implementation, Panama’s average tariff rate on U.S. industrial goods was higher than seven percent, with some tariffs reaching 81 percent.

Panama Canal Expansion Offers Opportunity for U.S. Companies to Serve as Partners with Panama

Dr. Blank seated at control panel of Panama Canal

As a part of her trade mission to Brazil, Colombia, and Panama this week, Acting Secretary of Commerce Rebecca Blank met today with Jorge Quijano, Panama Canal Administrator, and Roberto Roy, President of the Panama Canal Board and the Panama City Subway, to discuss the Panama Canal Expansion Project and infrastructure spending related to Panama City’s Metro Rail Project. These meetings aim to strengthen longstanding U.S.-Panama ties by promoting greater cooperation between the two countries on infrastructure development.

Panama is a longstanding friend and ally to the United States, and the country’s strategic location as a major shipping route makes it an important economic partner as well. The Panama Canal currently handles five percent of the world’s trade, and approximately two-thirds of the Canal’s annual transits are bound to or from ports in the United States.

In order to allow greater container capacity, the Panama Canal Authority has decided to invest over $5 billion to expand the Canal. The expanded Canal will accommodate larger vessels that cannot transit now, introducing a new line of business that Panama projects will gradually increase annual profits to $3 billion.