international trade administration

17
Exporting: A Major Boost to Economic Development

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International Trade Administration presentation at LCRA's Economic Development Forum in Austin on December 16th 2011.

TRANSCRIPT

Page 1: International Trade Administration

Exporting: A Major Boost to Economic Development

Page 2: International Trade Administration

Exports Support American Jobs

.

Page 3: International Trade Administration

Why Exporting is Important

Strengthens the economy Exports mean growth

– U.S. export related jobs have grown faster– Exporting stimulates local economy

Exports mean higher wages– Export-related jobs pay 13-16% higher

Retain existing businesses

Page 4: International Trade Administration

Texas: ExportsJobs and Businesses

Exports Support Jobs for Texas Workers 6.5 percent total private-sector

employment linked to exports 27.6 percent of all manufacturing workers

depend on exports for their jobs

Exports Sustain Thousands of Texas Businesses 25,656 companies exported from Texas. 93 percent were SME with fewer than 500

employees. 34 percent of total exports of merchandise

generated by SMEs 2009 data latest available Source: State Export-Related Employment Project International Trade

Administration and Bureau of the Census.

Page 5: International Trade Administration
Page 6: International Trade Administration

Spanning the GlobeA Worldwide

The U.S. and Foreign Commercial Service Network

• Abroad– Located in over 75 countries

around the world with Commercial Officers

• … and in the U.S…– More than 100 offices in U.S.

cities as U.S. Export Assistance Centers with International Trade Specialists

– 6 offices in Texas

Page 7: International Trade Administration

Our Global Network of Trade Professionals Opens Doors to New International Business

The U.S. Commercial Service provides U.S. companies unparalleled access to business opportunities around the world.

As a U.S. Government agency, we have relationships with foreign government and business leaders in every key global market.

Our trade professionals provide expertise across most major industry sectors.

Every year, we help thousands of U.S. companies export goods and services worth billions of dollars.

Page 8: International Trade Administration

Trade Counseling

Market Intelligence

Business Matchmaking

Commercial Diplomacy

Our Proven Expertise Makes Doing Business Internationally Easier

Whether a company is looking to export for the first time or expand to expand into new international markets, we have the expertise and network to help these companies tap into lucrative opportunities and increase their bottom line by providing:

Page 9: International Trade Administration

Export.gov

Page 10: International Trade Administration

Proven Expertise: Trade Counseling

Planning and Strategy

Legal and Regulatory Issues

Documentation and Product Requirements

Trade Problems

Provide the information and advice companies need to succeed

Page 11: International Trade Administration

Proven Expertise: Market Intelligence

Country Commercial Guides

Trade Data and Analysis

Customized Market Research

International Contact Profile

Target the best trade opportunities

Page 12: International Trade Administration

Partner Search

– International Partner Search

Personalized Business Matchmaking

– Gold Key Matching Service

Trade Missions

Trade Shows

In-Country Promotions

– Single Company Promotion

– Commercial News USA

Proven Expertise: Business Matchmaking

Connect with the right partners and prospects

Page 13: International Trade Administration

Proven Expertise: Commercial DiplomacyEnsure U.S. products and services have the best possible

advantage for success in international markets

Page 14: International Trade Administration

Federal program To showcase the U.S. as the world’s premier business location Provide info on federal-level programs related to business investment.

Designed to complement the activities of our states the primary drivers of economic development in the U.S.

Information provided includes:– U.S. industry snapshots;– “Why to Select the USA?”

• advantages of operating a business in the U.S.– Guide of federal programs

• grants, loans, loan guarantees, and tax incentives; – A clickable U.S. map to direct our foreign business visitors

to the states’ economic development agencies.

http://selectusa.commerce.gov/

Page 15: International Trade Administration

How to Partner with Us

One-on-one Export Business Counseling Articles in newsletters/emails Export Training: Speaker, Workshops Export Business Recognition Awards

– Export Achievement Certificates; E-Awards

Page 16: International Trade Administration

– higher employment– increased wages in export industries– more value-added jobs– overall stronger community economic development

Exporting SMEs Benefits the Community

SME exports help local community through...

Page 17: International Trade Administration

Covering Central TexasAustin U.S. Export Assistance Center512-916-5939 | [email protected]

export.gov | www.export.gov/texas/austin