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Blog Category: International Trade Administration

U.S. Secretary of Commerce Penny Pritzker Talks About Efforts to Boost Exports in the Rural Delta

Secretary Pritzker promoting rural exports in Memphis

Exports are an important tool for economic development and job creation, which is why the Obama Administration has made increased exports a central pillar of its strategy for economic growth. With the recent launch of NEI/NEXT, the next phase of the successful National Export Initiative, U.S. Secretary of Commerce Pritzker has made it a priority to expand the U.S. export base and to help more American businesses of all sizes – including rural businesses – capitalize on opportunities in foreign markets.

As part of this effort, Secretary Pritzker traveled to Memphis, Tennessee Thursday to participate in the “Made in Rural America” Regional Forum, focused on boosting rural exports. Hosted by the Delta Regional Authority (DRA), the forum convened small business owners, industry representatives, business support organizations, and local, state, and federal leaders to discuss ways to help rural businesses grow and reach the 95% of customers that live outside our borders. Secretary Pritzker participated in an armchair discussion with DRA Federal Co-Chairman Chris Masingill and discussed how we can all work together to enhance opportunities for businesses in rural communities and how we can focus on ways to increase exports from the Delta region’s many businesses. Today’s forum is the second of five regional forums to be held across the country, aimed at helping local businesses integrate exports into their economic growth strategies.

At the Forum, Secretary Pritzker discussed the Commerce Department’s resources to help rural businesses compete in the global marketplace. The Commerce Department’s International Trade Administration (ITA) has trade specialists in more than 100 U.S. cities and over 70 countries worldwide to help companies take advantage of business opportunities abroad and connect them to trade events, foreign buyers, and other partners. In fact, about 85 percent of ITA’s clients are small and medium-sized businesses, and on average 38 percent are rural exporters.

Since the launch of the NEI in 2010, 1.6 million more Americans are earning a paycheck from an export-supported job, bringing the total to 11.3 million jobs – the highest in 20 years.

U.S. Secretary of Commerce Penny Pritzker Discusses Opportunities for U.S. Companies to Export

U.S. exports reached a record $2.3 trillion in 2013 and support a record 11.3 million U.S. jobs. Thousands of companies across the country made exporting a strategy to growing their business and in fact, exports have driven the economic recovery and job creation in a number of U.S. cities. Because of the critical role of exports, the Department of Commerce recently launched the next phase of the National Export Initiative, NEI/NEXT. Building on the success of the National Export Initiative, NEI/NEXT is a new customer service-driven strategy with improved information resources that will help American businesses capitalize on existing and new opportunities to sell Made-in-America goods and services abroad.

As part of this effort, U.S. Department of Commerce Secretary Penny Pritzker visited the Qualcomm headquarters in San Diego, Calif. yesterday, where she led a roundtable discussion on the importance of U.S. exports with the “Global San Diego Export Plan” team. This plan, which aims to integrate exports into San Diego’s economic development strategy, is being developed in close consultation with the Commerce Department's International Trade Administration (ITA) and the Brookings Institution’s Metropolitan Policy Program.

During the roundtable discussion, Secretary Pritzker met with local private and public sector leaders and learned more about the success of their export strategy and the challenges they still face. The partnership-driven export and investment strategy has made a big impact on the San Diego economy, but there are still more areas and opportunities for growth. One of the key objectives of NEI/NEXT is to promote exports as an economic development priority for communities across the country. San Diego’s export plan is an excellent example for how other cities and metropolitan areas across the country can partner with businesses and government to better facilitate exports.

Roundtable participants also spoke about the practical challenges they are facing including the role of small and medium sized businesses, infrastructure, retaining talent and branding. Secretary Pritzker discussed Department of Commerce resources and ways the Department and ITA could provide assistance to businesses and the Export Plan team to help overcome some of these challenges.

Since the launch of President Obama's National Export Initiative in 2010, the United States has seen strong export-driven economic growth and has broken export records four years in a row. Increasing U.S. exports remains a top priority for the Obama Administration, and the Commerce Department is ready to assist San Diego and other communities in making the most of their exporting potential.

Introducing ITA’s Trade Developer Portal

ITA's Trade Developer Portal.

Cross post by Kimberly Becht, Deputy Program Manager for Web Presence in the International Trade Administration.

In support of President Obama’s Open Government Initiative and the Commerce Department’s strategic plan, the International Trade Administration (ITA) has taken a major step in making its data open and accessible to the public through its Trade Developer Portal.

Announced today by Secretary Pritzker, the portal is a collection of application programming interfaces (APIs) that allow software developers to create web and mobile applications using information produced by ITA and other trade promotion agencies.

Making its data public to software developers is one more way ITA is helping U.S. businesses export and enabling foreign investment in American companies through the use of cutting edge technologies.

The Trade Developer Portal helps fulfill the Department’s top priority of making federal data open and available to third party developers in order to foster economic growth.

Currently, the developer portal includes:

  • access to information about trade events;
  • market research;
  • trade leads;
  • locations of domestic and international export assistance centers; and
  • trade news and articles.

Our developer portal can help developers show country-specific pages based on U.S. government data.

Over the next few months, we plan to add APIs around business opportunities, tariff information for goods and services covered under Free Trade Agreements, and frequent questions asked by exporters. We are continuously adding and enriching data sets with the long-term goal of sharing all publicly disseminated information produced by ITA and other trade promotion agencies.

Through the portal, we will engage developers by showcasing applications, providing access to our data owners, and soliciting input to help us improve the quality of public data. The picture on the left is just one example of what can be done using the information currently available in our Trade Developer Portal.

If you have any questions about the portal or need assistance using our APIs, please let us know.  We are excited to partner with you in the next phase of the open data revolution!

U.S. Secretary of Commerce Penny Pritzker Visits Shanghai Ahead of the Strategic and Economic Dialogue

U.S. Secretary of Commerce Penny Pritzker Visits Shanghai Ahead of the Strategic and Economic Dialogue

This week, U.S. Commerce Secretary Penny Pritzker traveled to China, where she made a stop in Shanghai ahead of the Strategic and Economic Dialogue (S&ED) starting today in Beijing. At a roundtable with American Chamber of Commerce in Shanghai on Tuesday, Secretary Pritzker met with a number of CEOs and business leaders from companies doing work in China. They discussed the business climate in China and ways the Department of Commerce can be effective in helping companies expand opportunities in China. Secretary Pritzker also discussed her visit to the Shanghai Free Trade Zone on Monday, as well as the upcoming S&ED and what she hoped would get accomplished during the upcoming talks.

Secretary Pritzker also met with the Commercial Service Officers at the consulate in Shanghai. The Commercial Service (CS), part of the Commerce Department’s International Trade Administration (ITA), plays a vital role in helping American companies start exporting or expand their reach into international markets. CS helps U.S. businesses overcome trade barriers, find global business opportunities and partners, and attract investment to U.S. shores.

As part of President Obama’s deliberate decision to deepen U.S. engagement with Asia, Secretary Pritzker has been working to strengthen commercial ties with the region. In April, she delivered remarks at the John Hopkins University’s Paul H. Nitze School of Advanced International Studies (SAIS), outlining the Administration’s focus on strengthening the U.S.-Asia economic relationship. There, she also announced ITA’s plans to expand its presence in fast-growing markets in Asia and Africa and to open offices in five new countries, including its first in Burma. Then last month, Secretary Pritzker led a commercial diplomacy mission to Vietnam, the Philippines and Burma in conjunction with a delegation of U.S. CEOs and the U.S.-ASEAN Business Council, underscoring U.S. government support for high-level private sector engagement in the Asia-Pacific region. This week’s trip to China builds on these efforts to promote U.S. businesses and strengthen economic ties in the Asia-Pacific region.

Secretary Pritzker Discusses Strategic Benefits of Reshoring at Inaugural SelectUSA Summer Forum

Secretary Pritzker speaks at the SelectUSA Summer Forum

Today, Secretary Pritzker co-hosted the first ever SelectUSA Summer Forum with U.S. Representative Frank Wolf (VA-10) at the U.S. Capitol Visitor Center. Over 200 business leaders across a multitude of industries attended the Summer Forum to discuss how bringing manufacturing and other services back to the United States – a process called “reshoring” – makes practical and economic sense.

At the SelectUSA Summer Forum, Secretary Pritzker remarked that America’s greatest strengths – its hardworking, diverse, and educated workforce, strong protection of intellectual property rights, predictable and transparent legal system, relatively low taxes, highly developed infrastructure, and access to the world's most lucrative consumer market – have led to a strong trend of reshoring and reinvestment in America. Additionally, Secretary Pritzker praised the Commerce Department’s primary vehicle for attracting job creating investment into the U.S. – SelectUSA – for its achievements in promoting, attracting, retaining, and expanding investment to and within the United States. Attendees also heard from U.S. Representative Frank Wolf, an advocate for exporting and reshoring, House Democratic Whip Steny Hoyer, and Jeff Fettig, CEO of the Whirlpool Corporation, who spoke about his company’s experiences moving jobs back to the United States and the resulting creation of jobs in the local economy.

An initiative established in 2011 by President Obama, SelectUSA acts as an advocate for business investment in the United States as well as a single point of contact for investors ready and looking to create jobs and establish production in America. Since its inception just two years ago, SelectUSA has facilitated over $18 billion in new investments for the United States and serviced over 1,000 potential investors this past year alone, bolstering America’s long-standing position as the world’s largest recipient of foreign direct investment.

Join us for the SelectUSA Summer Forum

On June 17th at the Capitol Visitor Center Congressional Auditorium in Washington, D.C.

Announcing the "Reinvesting in America, Creating Jobs at Home" SelectUSA Summer Forum on June 17th at the Capitol Visitor Center Congressional Auditorium.

From large multinational corporations to family-owned small businesses, U.S. firms are discovering that bringing manufacturing or services back to the United States makes economic sense.

Join us to learn about the latest trends, discover resources to help businesses make the move, and hear directly from companies that have reshored successfully. NOTE: This event is FREE but only registered individuals will be admitted to the event.

See the agenda and sign up today!

Secretary Pritzker Concludes Commercial Diplomacy Trip to ASEAN Region

Today in Rangoon, Myanmar, U.S. Commerce Secretary Penny Pritzker concluded a week-long commercial diplomacy trip, after making stops in Hanoi, Vietnam; Manila, Philippines; and Naypyitaw, Myanmar. All three countries are members of the Association of Southeast Asian Nations (ASEAN), a region that is the United States’ fourth-largest export market and the fifth-largest overall trading partner. The ten dynamic countries that comprise ASEAN have an economy valued at $2.4 trillion.

The economies of Vietnam, the Philippines, and Burma present enormous opportunity for U.S. businesses, which is why a delegation of U.S. CEOs and the U.S.-ASEAN Business Council joined Secretary Pritzker to further commercial ties as well as strengthen our bilateral relationship in the region.

The Obama Administration has made a deliberate decision to deepen U.S. engagement with Asia, and throughout the week, Secretary Pritzker elaborated on the economic dimension of this commitment, which includes deepening trade and investment ties with existing partners, building the soft and hard infrastructure necessary to support the growth of emerging partners, and taking the steps necessary to level the playing field for commerce across the region.

Secretary Pritzker Affirms U.S. Support for Burmese Political and Economic Reforms

Good discussion on US business investment with Aung San Suu Kyi

As part of her week-long commercial diplomacy mission to Asia this week, U.S. Secretary of Commerce Penny Pritzker met today with supporters of Burma’s transition to democracy and the ongoing national peace process. At a roundtable with Burmese civil society leaders, she took the opportunity to learn more about the complexities of political and economic reform and to hear their concerns and views about future challenges for Burma.

In her remarks at the roundtable, Secretary Pritzker affirmed the United States’ commitment to supporting positive political and economic reforms in Burma. She urged the Burmese government to build on that progress by implementing measures that increase inclusive economic development and promote government transparency and accountability. Noting that a strong and vibrant civil society is critical to institutionalizing reforms and ensuring government accountability, Secretary Pritzker applauded the efforts of Burmese civil society leaders to advance citizen interests in pursuit of democracy.

The Commerce Department takes these issues very seriously. Since 2010, training in human rights, rule of law, and corporate social responsibility has been mandatory for Foreign Commercial Service Officers. Attention to these critical social issues not only strengthens the Department’s culture, but enhances its ability to support American companies as they expand overseas.

Spotlight on Commerce: Phu Huynh, Chief of Staff (Acting), International Trade Administration

Phu Huynh, Chief of Staff (Acting), International Trade Administration

Ed. note: This post is part of the Spotlight on Commerce series highlighting members of the Department of Commerce and their contributions to the Open for Business Agenda Strategic Plan.

Guest blog post by Phu Huynh, Chief of Staff (Acting), International Trade Administration

I was born in Saigon, five years before the Vietnam War ended. My family made a tough decision, one that benefitted me for a lifetime. My mother, five aunts, one uncle, four sisters and I were airlifted to the U.S. as Saigon fell. When we arrived in Chantilly, Virginia, we had very little.  But, we had each other, the support of a local church and our public school. My mother and aunts taught us about our Vietnamese and Chinese heritages, which fortunately centered around great food. Just as important, they pushed us to learn English and become thoroughly integrated in the American experience. I’ve been given the opportunity in my lifetime to take the best from both worlds—from my Asian heritage and from the rich diversity that is America. The values I extrapolated from both backgrounds are so similar and are shared across the globe—dedication to family, hard work, respect of others and their cultures and faiths.  I’m as likely to watch a Washington Nationals game with either Vietnamese banh mi sandwich or a hot dog.

I graduated from Virginia Tech with a degree in history, high hopes and no job.  I’d like to tell you that I’m here because I executed each element of my master plan perfectly or that I had good fortune. But, opportunities don’t just happen without context. I applied hard earned skills and landed an internship at the White House. I worked hard to perfect my technical skills, becoming expert on every administration department and agency.  I became a valued member of the team, in large measure, because no one else wanted to do the huge volume of detailed, non-political, technical work.  But I learned something else even more valuable—that leaders in politics are often in short supply, peace and prosperity don’t just happen and that enlightened leadership was more critical than the technical aspects of my work. I was genuinely willing to learn from those I believed were the best leaders, and they were willing to share their experience and wisdom with me. I got hooked on Washington and this inexplicable political world in which we operate.

Secretary Pritzker First-Ever Commerce Secretary to Visit Burma

As the first-ever U.S. Commerce Secretary to visit Burma, Secretary Penny Pritzker today encouraged Burmese leaders to continue making positive political and economic reforms to bolster U.S. private sector interest in the region.

Secretary Pritzker met Burmese President Thein Sein and discussed the ways our two countries can continue working together to improve the U.S.-Burma commercial relationship. Pritzker also met with Vice President Nyan Tun and various Burmese ministers and outlined ways in which the Commerce Department can help Burma increase trade with U.S. firms.  She reassured the Burmese leadership that U.S. businesses want to be part of the solution as countries across the region look to support a growing middle class, develop world-class infrastructure, unleash sustainable energy, and invest in their futures.

U.S. companies have made significant investments in the ASEAN region, which reached nearly $190 billion in 2012. That is more than U.S. investment in all of the BRIC countries (Brazil, Russia, India, China) combined. ASEAN investment into the U.S. exceeds $27 billion and investment has grown over 1,400% and has increased 169% since 2001. The Asian Development Bank (ADB) estimates Burma’s GDP growth accelerated to 7.5 percent in 2013, and expects that growth to continue. As the economy in countries like Burma continues to open, there will be expansive opportunities for U.S. companies to export more goods and services, supporting the modernization and development that will improve the quality of life for citizens.

Secretary Pritzker was joined by a delegation of U.S. CEOs and the U.S.-ASEAN Business Council.  Earlier this week, the delegation visited Vietnam and the Philippines where Secretary Pritzker met with government and business leaders and entrepreneurs to discuss the Commerce Department’s priorities for increasing trade and investment in the region.

Secretary Pritzker’s trip to the Asia-Pacific region demonstrates the importance of the region to the Obama Administration and the U.S. business community, and our shared commitment to increasing U.S. commercial activity with countries in the ASEAN region.