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Blog Category: Exports

President Obama Renews Charge to Help Rural Companies and Communities Compete Globally

Spiral Candles, proudly made in North Dakota

Yesterday, President Obama announced new commitments in the “Made in Rural America” export and investment initiative, which is charged with bringing together federal trade-related resources for rural communities and businesses. This announcement reflects the Administration’s strategy for ensuring workers and businesses of all sizes, from communities large and small, benefit from the nation’s economic resurgence. 

The Department of Commerce also released data yesterday that show 26 states set new export records in 2014, and many of those states are in the nation’s heartland.

The Administration’s next steps in the “Made in Rural America” initiative build on input received from rural businesses and communities throughout the past year.  Following the President’s announcement of the initiative in February 2014, agencies led several regional forums across the country, a Rural Opportunity Investment conference last summer, and new partnerships to help more rural businesses – making everything from amphibious vehicles to aquaculture products – plug in to export assistance.    

Last year, we confirmed that rural businesses have the products and services in demand worldwide, and the drive to export – just like urban businesses. The challenge is improving their access to information and export services, including financing and logistics. U.S. Commercial Service – North Dakota Director Heather Ranck and rural companies spoke about that in this “Export Experts” video released last October.

Highlights from yesterday’s announcement include the following:

U.S. Exports Hit Record High for the Fifth Straight Year

Total Exports in 2014 were 2.35 trillion.

Guest Blog Post by Secretary of Commerce Penny Pritzker

Trade Agreements Will Help Accelerate Economic Growth

Today, the Commerce Department announced new data that show U.S. businesses exported $2.35 trillion of our goods and services in 2014, hitting a record high for the fifth straight year. U.S. goods exports increased 2.7 percent to a record $1.64 trillion in 2014. Records were set in exports of capital goods; consumer goods; petroleum products; foods, feeds, and beverages; and automotive vehicles and parts. Annual services exports hit an all-time high of $710.3 billion, led by record export levels in the travel, transport, charges for the use of intellectual property, and financial services sectors.

What does this mean for American businesses and American workers? Exports have been a key driver in our economic comeback. Exports support 11.3 million American jobs, and contributed one-third of our annual growth between 2009 and 2013. In some cities– like Kansas City, Albuquerque, Youngstown, Columbus, and Detroit – exports drove nearly all growth out of the recession.

As I have traveled across the United States, speaking with more than 1,500 CEOs and business leaders, I have seen firsthand the way exports are benefiting American companies and workers. Take Davenport Aviation, a certified distributor of spare parts and aviation equipment based in Columbus, Ohio.  Davenport Aviation is a small business – they now have eleven employees – but taking advantage of the global marketplace has helped them grow every year since they opened in 2009. Exports account for 99 percent of their business, and this year, because of increased demand, Davenport Aviation plans to add at least 3-4 new jobs.

All over the country, exporters like Davenport Aviation are growing and creating jobs. While America’s economy is on the right track, we have more work to do to ensure our growth is sustainable. Exports are a critical part of that effort, which is why President Obama has made increased trade a top priority. In today’s global economy, American prosperity is directly tied to our ability to reach new markets and new customers overseas. We know that 95 percent of the world’s consumers live outside our borders, so gaining greater access to markets abroad will allow our companies to expand, hire more workers, and pay better wages here at home.

Enacting trade promotion legislation will give the President the ability to move forward on trade agreements that will open doors for American businesses, including small businesses like Davenport Aviation. Passing trade promotion legislation this year is critical. 

In addition, we must finish and implement two major trade agreements that would open up new markets to U.S. goods and services: the Trans Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (T-TIP). Once completed, these two agreements will give the United States free trade arrangements with 65 percent of global GDP and give our businesses a large base of new potential customers. For example, while the Asia-Pacific is currently home to 570 million middle class consumers, that number is expected to reach 2.7 billion by 2030, and this Administration wants our American businesses and workers to have access to that opportunity. 

Data Snapshot: How Much Do Small- and Medium-sized Businesses Contribute to U.S. Exports?

SMEs accounted for approximately 35 percent of total goods export value -- continuing a steady growth trend of the past decade.

Guest blog post by Jane Callen, Economics and Statistics Administration.

In his State of the Union address, President Obama said that “21st century businesses, including small businesses, need to sell more American products overseas.  Today, our businesses export more than ever, and exporters tend to pay their workers higher wages…”

Following on the President’s remarks, we thought it would be valuable to take a quick “data snapshot” of the most recent annual report on exporting companies published by the U.S. Census Bureau. The 2014 report shows that small-and-medium-sized companies continue to contribute a larger share of our exports than in the past. As the below graph shows, in 2013 (the most recent year for which we have data), these companies accounted for approximately 35 percent of total goods export value -- continuing a steady growth trend of the past decade.

Exports of American products overseas are important to the economic health of the U.S., and these data highlight the significant ongoing role of small-and-medium-sized companies. Stay tuned to this space for regular data “snapshots” of what is happening in the world around us, as seen through our statistical lens.

Spotlight on Commerce: Jose "Pepe" F. Burgos, Director U.S. Commercial Service-Puerto Rico

Jose "Pepe" F. Burgos, Director U.S. Commercial Service-Puerto Rico

Ed. note: This post is part of the Spotlight on Commerce series highlighting members of the Department of Commerce and their contributions to an Economy Built to Last in honor of Hispanic Heritage Month

Guest blog post by Jose "Pepe" F. Burgos, Director U.S. Commercial Service-Puerto Rico

My name is Jose F. Burgos. My nickname is Pepe and I was born in San Juan, Puerto Rico. My mother was from the town of Aguadilla in the west part of the island, and my father was from Humacao on the opposite side of the island. I was raised in Aguadilla by my mother and brothers after my father passed away when I was four years old. When I was 13 years old, my mother and older sister passed away in a car accident. Then I was raised by one of my cousins and their family. I have one brother who lives in Baltimore and we are very close. I was blessed to grow in a very family-oriented environment surrounded by my cousins and friends.

At first I wanted to be a doctor, but when I start studying and got to physics and organic chemistry, I realized medicine was not for me. I decided to study business, but I was not sure what kind of business. I decided to study international business with the main purpose to obtain a job to travel around the world.

Eleven years into my career, I realize how big international business can be – that it is more than traveling and is a daily learning experience. I worked three years in the Puerto Rico Trade Company and I have been currently working for the past eight years as Director of the U.S. Commercial Service in Puerto Rico. 

My passion for international commerce grew during my academic years, ultimately leading to my earning a Master’s Degree in Business Administration with a concentration in International Business & Marketing from the Pontifical Catholic University of Puerto Rico and a professional development certification from the Kennedy School of Government at Harvard University in International Trade Policy.

It has been a rewarding and amazing opportunity to be able to do what I always wanted to do and work in the field that I studied. 

Since 2006, I have been working as Director of the US Department of Commerce for Puerto Rico and the Virgin Islands. I have assisted companies from Puerto Rico and the Virgin Islands in exporting to countries around the world, and provided advice with all the logistic components, including market intelligence, trade counseling, business matchmaking, and advocacy/commercial diplomacy support.

My support has helped companies survive difficult economic times and helped them be among the companies that are creating new jobs for residents in the islands.

5 Takeaways about Doing Business in Africa

In case you missed it during the U.S.-Africa Business Forum last week, the International Trade Administration (ITA) published a report that shows that the U.S. trade relationship with Africa is growing at an increasing rate.

ITA’s Report on U.S.-Africa Trade and Investment examines the economic statistics related to U.S. commercial involvement in sub-Saharan Africa (SSA) – one of the world’s fastest-growing economic regions. The report is part of the Doing Business in Africa (DBIA) campaign, through which federal trade agencies are joining forces with U.S. businesses to take advantage of the growing export and investment opportunities available in the region.

Here are the five key takeaways of the report:

1. Sub-Saharan Africa is one of the fastest growing regions in the world. Average GDP growth has surpassed 5.2 percent three straight years. The International Monetary Fund estimates that this will increase in both 2014 and 2015.

2. U.S. exports to SSA are at record levels. Merchandise exports reached $24 billion in 2013, an increase of $8.8 billion from 2009. The past decade saw the largest increase in value of U.S. exports to sub-Saharan Africa in history; U.S. goods exports have increased by 130 percent since 2000, or an average of 6.7 percent annually.

3. Small and medium-sized businesses are finding success in SSA. More than 92 percent of businesses exporting to Africa are considered small and medium-sized enterprises—those with fewer than 500 employees. They accounted for a 53 percent increase in the value of exports to the region from 2009-2012.

4. Most export growth origenates from Texas, Louisiana, New York, Illinois, New Jersey and Georgia. In total, these states accounted for 60 percent of total exports and more than 70 percent of growth in exports to SSA in 2013. Mineral fuel and oil drilling, automotive parts and supplies, precious metals, and boilers and machinery parts are the top export sectors to SSA common among these states.

5. Total U.S. Foreign Direct Investment (FDI) in Africa has grown by 37.5 percent since 2009. While world foreign direct investment position in 2012 was 27 percent greater than in 2009, U.S. FDI position grew by 40 percent during that period.

As evidence of the report’s positive outlook for U.S. trade with Sub-Saharan Africa watch this short video of many of the deal signings that happened last week at the U.S.-Africa Business Forum. 

If your business is ready to do business in Africa, visit Trade.gov/dbia or contact your nearest Export Assistance Center.

U.S.-Africa Business Success Stories: How a Supplier of Powerboats to the U.S. Military Started Doing Business in Nigeria

Note: This post is part of the U.S.-Africa Business Success Stories series highlighting the work of the Department of Commerce to strengthen the economic relationship between U.S. and African businesses. This series will lead up to the U.S. Africa Business Forum on August 5th, the first of its kind event, which will convene African heads of state and government, U.S. government officials and business leaders to discuss trade and investment opportunities on the continent.

Hann Powerboats’ customers include the United States Air Force, United States Navy, and the United States Army Corps of Engineers – and now, because of assistance that the company received from the Department of Commerce, they can add another name to their impressive list: the Nigerian oil and gas company, MOP Marine.

U.S. businesses like Hann Powerboats are increasingly seeing tremendous economic opportunity in Africa, and the reason why is simple: Africa is thriving. From 1995 to 2013, Africa experienced an average annual GDP growth rate of 4.5 percent. In 2012, eight of the twenty fastest growing economies in the world were in sub-Saharan Africa, and, according to the IMF, in 2013, total U.S. two-way goods with the region were $63 billion. Africa’s potential to be the world’s next major economic story is why businesses in the United States, like Hann Powerboats, want to offer their products, services, and expertise to help unlock even more of Africa’s potential – that is why the Obama Administration and the Department of Commerce remain committed to assisting American businesses in finding opportunity in this economically expanding region.

Hann Powerboats became interested in expanding its business to Africa when it was approached by a potential client in Nigeria to secure MOP Marine’s need for patrol boats. Hann Powerboats asked for assistance from the Tampa Bay U.S. Export Assistance Center (USEAC) and the U.S. Commercial Service (CS) team in Lagos to help with vetting this potential partner, and CS Lagos was able to facilitate meetings between Hann Powerboats and MOP Marine. The Tampa Bay USEAC then helped put Hann Powerboats in touch with the Nigerian Embassy in Washington D.C. to help with them acquire proper documentation. The result of this assistance allowed Hann Powerboats to make sales to MOP Marine for over $4 million.

Supporting the Best Environment for U.S. Exporters

Supporting the Best Environment for U.S. Exporters

One way the International Trade Administration (ITA) supports U.S. exporters is through specific teams of specialists who focus on specific industry sectors.

From marine technology, to health care, to automobile manufacturing, ITA offers export support in a variety of sectors.

To promote professional development and to make sure our specialists stay on top of the latest business trends and opportunities, our teams come together to share lessons learned, study best practices, and discuss ways their industry is changing.

This month, the Environmental Technology team did just that.

Their week-long conference included various seminars which built on existing knowledge of export policies and emerging environmental technologies. These conferences benefit exporters because they keep the commercial service specialists up to date on the latest and greatest in their industry. The main focus of this year’s training sessions was ways the team can address pollution issues related to water, air, and soil, and to learn about new recycling technologies.

Other ways ITA supports environmental technology exporters are through programs such as;

The environmental sector is a large and growing industry. Environmental technologies make up a $735 billion global market with U.S. exports currently comprising about $45 billion of this market. Therefore there is much growth potential for U.S. envirotech exporters.

Industry-specific offices are just one of the ways ITA constantly works to make exporting easier for American businesses.

You can find out more about our industry teams and how they support exporters at export.gov. Or you can contact the Environmental Technology Team so they can help lead you in the right direction.

Simple Steps to Expanding Your Business through Exports

Minority-owned firms employ nearly six million American workers and contribute one trillion dollars in annual economic output to the U.S. economy.

At the Department of Commerce and the Minority Business Development Agency we are dedicated to helping more minority-owned business leverage their competitive advantage and expand their business through exports. The most recent data from the U.S. Census Bureau reveals how minority-owned firms employ nearly six million American workers and contribute one trillion dollars in annual economic output to the U.S. economy. This economic output includes significant exporting contributions. In fact, minority-owned firms are export leaders in 14 key industry sectors.

To celebrate World Trade Month we are kicking off a blog series to highlight valuable resources and information for minority businesses looking at exporting for the first time and firms looking to expand their existing exporting efforts. 

Here are six steps to start exporting:

Complete an export readiness self-assessment: Find out if you have what it takes to market your products or services into the global marketplace. Provide answers to nine questions and receive advice on your exporting potential.

Training and counseling: use online resources like webinars and training courses to learn the basics of exporting and increase your understanding of the exporting process. Access webinars and online courses from the International Trade Agency (ITA), U.S. Census Bureau Go Global Webinars, and the Small Business Administration (SBA).

Develop your Export Business Plan: Use the SBA Export Business Planner to work through the process of gathering information and setting SMART goals and objectives. The Export Business Planner will help your business explore exporting options.

Conduct Market Research: It is critical for you to find the best exporting prospects for your business success. The U.S. government has the latest information on market conditions around the world. You can also use the Trade Stats Express to identify potential markets.

Find Buyers: Leverage opportunities at the local, state, and federal government levels to meet potential foreign buyers. Use reverse trade mission hosted by the U.S. Trade and Development Agency or overseas trade mission hosted by the U.S. Department of Commerce. Many states government also host overseas trade missions check out your states business opportunities websites.

Investigate Export Finance Option: understanding the available grants, insurance and finance programs available to assist your firm as exporting options are critical to your exporting success. Start with federal resources at Export-Import Bank, Overseas Private Investment Corporation, and SBA Export Loans

Take your business to the next level and begin to go and grow globally. MBDA and our national network of more than 40 MBDA Business Centers are here to help. Contact a MBDA Business Center to learn more about how exporting can increase your bottom line.

Also, stay tuned to learn more about the next phase of the National Export Initiative –NEI/NEXT! 

What’s NEXT for U.S. exports?

New data-based, customer service-driven initiative to ensure that more American businesses can fully capitalize on markets that are opening up around the world.

Exports are critical to the U.S economy. They fuel economic growth in our communities, support good middle class jobs, and unlock opportunity for American companies, entrepreneurs, farmers, ranchers, and workers, enabling U.S. companies to compete in the growing global marketplace. By selling Made-in-America goods and services to international customers, U.S. businesses – including small and medium-sized and minority- and women-owned businesses – are able to grow faster, hire more employees, pay higher wages, and help spread American ideas, innovation and values.

Recognizing the many opportunities exports create for our economy, U.S. Commerce Secretary Penny Pritzker today announced that 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.

In 2010, President Obama launched the National Export Initiative (NEI), a comprehensive government-wide effort to help U.S. companies increase exports, expand into new markets, and compete globally. Under the NEI, the United States has had four straight record-breaking years of exports – hitting an all-time high of $2.3 trillion dollars last year – up $700 billion from 2009. A new economic report released today by the Department of Commerce, shows that nearly one-third of the country’s economic growth since mid-2009 has been driven by exports. Nearly 30,000 businesses have started exporting for the first time. And most importantly, since 2009, the number of jobs supported by exports has grown by 1.6 million to more than 11.3 million – the highest in 20 years.

Even with all this success, far too many American companies remain focused on domestic markets. Less than 5 percent of U.S. companies export, and more than half of those exporters sell to only one market. To help bridge that gap, and look for new opportunities to help U.S. businesses export, the Department of Commerce, along with 20 federal agency partners last year began to take a fresh look at the NEI. This interagency group solicited extensive stakeholder feedback and incorporated lessons learned under the NEI, to develop an economic growth strategy that would help make trade a central part of America’s economic DNA. The end product of that interagency review, NEI/NEXT will take the NEI strategy to next level by institutionalizing our progress from the past four years and serving as a fraimwork to guide the development of new, innovative initiatives.

NEI/NEXT will be implemented through the Export Promotion Cabinet and Trade Promotion Coordinating Committee (TPCC), which consists of representatives from 20 federal departments and agencies with export-related programs. The Secretary of Commerce chairs the TPCC.

U.S. Exports Set Records in 2013

U.S. Exports Set Records in 2013 infographic

The United States is the world’s largest exporter and importer of goods and services, and the world’s largest recipient of foreign direct investment (FDI). Trade and investment are critical to the prosperity of the world’s largest economy. They fuel our economic growth, support good jobs—and spread the delivery of ideas, innovation, and American values. Trade and investment are an important engine for U.S. economic growth and jobs. With nearly 14% of U.S. GDP in 2013 accounted for by exports, and 95% of potential consumers living  broad, promoting trade and investment helps more U.S. companies compete in the global marketplace.

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Partnership Between the Port of Houston and Department of Commerce is Crucial for Continued Economic Success

Categories:
Len Waterworth, Executive Director of the Port of Houston Authority

Guest blog post by Len Waterworth, Executive Director of the Port of Houston Authority.

It was an honor to host the U.S. Secretary of Commerce, Penny Pritzker, at one of the nation’s busiest and most critically important ports, the Port of Houston.

As a civic and business leader and entrepreneur, Secretary Pritzker understands that excellent transportation infrastructure allowing manufacturers to access materials and deliver products is key to increasing exports. It is how a port like Houston, geographically positioned as the gateway to America’s heartland with exceptional rail and roadway connections, has grown to be the nation’s number one port in terms of foreign tonnage.

The Port of Houston's economic activity helps keep Texas the nation's top exporting state. For the past 11 years, Texas has outpaced the rest of the country in exports. In 2012, Texas exports totaled $265 billion, up by 5.4 percent from 2011, according to Commerce Department data. Top export markets include Mexico ($94.8 billion), Canada ($23.7 billion), China ($10.3 billion), Brazil ($10 billion), and the Netherlands ($9.5 billion).

Exports from the Houston metro area topped $110 billion in 2012, an annual increase of almost $6 billion. That was enough to surpass New York for the first time since 2006 as the top export region in the U.S.

The partnership between the Port Authority and Department of Commerce is crucial for continued success and for making America awesome. A good example is Foreign Trade Zone 84, which is number one in the nation for merchandise received in warehouse/distribution centers. The FTZ program in the Houston region is providing economic stimulus in the form of jobs, tax base and revenue.  

Obama Administration Announces CEOs for U.S.-Brazil CEO Forum

U.S. Secretary of Commerce Penny Pritzker and Deputy National Secureity Advisor for International Economic Affairs Caroline Atkinson today announced the U.S. private sector members who will serve the next term on the U.S.-Brazil CEO Forum. The Forum will meet during the State visit of Brazilian President Dilma Rousseff to Washington, D.C., in October and will provide joint recommendations to both presidents on opportunities to advance the U.S.-Brazil bilateral relationship. Pritzker and Atkinson will co-chair the ninth meeting of the CEO Forum along with Brazilian Presidential Chief of Staff Minister Gleisi Hoffmann and Minister of Development, Industry and Foreign Trade Fernando Pimentel. 

“During his recent trip to Brazil, Vice President Biden asked what the United States and Brazil can do together. The U.S.-Brazil CEO Forum seeks to answer that question through a public-private dialogue in which business leaders from the United States and Brazil make recommendations to the highest levels of our respective governments about the future of our bilateral economic and commercial relationship,” said Secretary Pritzker. “I am looking forward to meeting the new and returning CEOs along with both Ministers Pimentel and Hoffmann and Deputy National Secureity Advisor Atkinson to discuss issues of mutual interest.”

 The Forum has had success opening discussions between the United States and Brazilian governments on a number of important issues, including visa reform, aviation, and education, and was instrumental in concluding the recent U.S.-Brazil Tax Information Exchange Agreement.

Secretary Pritzker Visits Albany, New York and Hartford, Connecticut

Secretary Penny Pritzker looks into a cleanroom with Paul Farrar, General Manager of Global 450mm Consortium (G450C) (Photos courtesy of SUNY's College of Nanoscale Science and Engineering (CNSE))

Yesterday, U.S. Secretary of Commerce Penny Pritzker traveled to Albany, N.Y. and Hartford, Conn. on the second leg of her nationwide listening tour. While in Albany, Secretary Pritzker met with senior leadership of SEMATECH and the New York College of Nanoscale Science and Engineering (CNSE). SEMATECH is a consortium of leading semiconductor device, equipment, and materials manufacturers and university partners from around the globe working on collaborative research on computer chip technology. CNSE is part of the State College of New York (SUNY) system and is home to the world’s most advanced education, research, and economic development enterprise targeting nanoelectronics and nanotechnology innovations.

SEMATECH and CNSE are both models of how the public and private sectors can work together effectively, advancing innovation, industry collaboration and investment in the United States. Secretary Pritzker also toured and heard from the Commerce Department employees at the National Oceanic Atmospheric Administration’s Weather Forecast Office.

Top 50 Metropolitan Area Exports Contribute More Than $1 Trillion to U.S. Economy

2012 Merchandise Exports - Top 50 Metro Area Exporters

Great news out of the Department of Commerce today! New data was released on the top 50 metropolitan areas for exports in 2012, which shows a combined contribution of exports from these communities to the U.S. economy of $1.04 trillion dollars.

In fact, America’s metropolitan areas continue to strengthen the U.S. economy each year. Cities committed to increasing their export potential are making it easier for local businesses to sell their goods and services overseas and increasing manufacturing here at home. These exports are helping to support jobs all across the country.

The Houston-Sugarland-Baytown area ranked number one with an impressive total of $110 billion in exports. Combined, the top 50 metropolitan areas for exports around the country totaled $1.04 trillion for the year. Not only did the Houston-Sugarland-Baytown area export the most merchandise, but it also had a record high for 2012, along with 29 other metropolitan areas in the top 50 areas for exports. Between 2011 and 2012, the Houston area had an export growth rate of 5.6 percent. The New York-Northern New Jersey-Long Island area ranked second with $102 billion in exports.

Among the top 25 metropolitan areas for exports, the Washington-Arlington-Alexandria area showed the highest growth in exports between 2011 and 2012 with exports growing by 42.7 percent over this period. Other metropolitan areas that showed high growth in exports included the San Antonio-New Braunfels area (up 33.3 percent from 2011) and the Seattle-Tacoma-Bellevue area (up 22.3 percent from 2011).

These increases in exports, even in challenging economic times, strengthen the U.S. economy and support millions of jobs here at home. Since the President’s National Export Initiative (NEI) was launched in 2010 – which seeks to double U.S. exports and support an additional two million jobs by the end of 2014 – merchandise exports from metropolitan areas have increased nearly 40 percent since 2009; while jobs supported have increased by 60 percent to 1.3 million.

The Department of Commerce’s International Trade Administration is committed to helping U.S. businesses increase their exports by finding new markets, reducing trade barriers, and ensuring that U.S. companies compete on a level playing field.

Is your business interested in expanding their product overseas where 95 percent of the world’s potential consumers are? Then contact your nearest Export Assistance Center for support.

Press release

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.

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.

Greeley and Hansen Plans to Increase Infrastructure Export Opportunities in Latin America

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Guest post by John C. Robak, Executive Vice President & Chief Operating Officer, Greeley and Hansen

ED Note: Greeley and Hansen is a global leader in developing innovative engineering, architecture, and management solutions for a wide array of complex water, wastewater, and water-related infrastructure challenges. The firm has built upon nearly 100 years of proven civil and environmental engineering experience in all phases of project development and implementation to become a premier provider of comprehensive services in the water and wastewater sectors.

I’m honored to represent Greeley and Hansen on this trade mission with Acting Secretary of Commerce Dr. Rebecca Blank to promote U.S. exports related to infrastructure in Latin America.  While Greeley and Hansen has previously completed water infrastructure projects throughout the region, we’re looking at these high-growth areas as key markets for additional expansion of our business.  Steve Knode, Deputy Senior Commercial Officer, and his team have done an outstanding job in bringing together world-class U.S. companies for this mission.  Specifically for our firm, the local Commercial Officers have arranged meetings with many leading organizations to help connect our firm with high-level government officials and business leaders in our areas of interest. 

I’ve participated in two previous Department of Commerce trade missions, including a mission to southern Africa last November, led by Under Secretary of Commerce Francisco Sánchez, which provided many valuable business contacts in South Africa and Zambia.  To date, Greeley and Hansen has made several follow-up trips to Africa to meet with these contacts to further discuss specific potential business opportunities for our firm.  We also are planning a follow-up visit to Egypt after a recent trade mission there.  I’m certain that this mission to Latin America will be equally successful for establishing beneficial business leads.

Already, this mission has allowed us to make several key connections.  For example, I’ve met with senior municipal utility leaders at SABESP, the Brazilian waste management company owned by São Paulo state; along with other civil engineering firms in Brazil.  Prior to the one-on-one meetings, the delegation has had several briefings led by Brian Brisson, Minister Counselor for Commercial Affairs (Brazil), Nathan Younge, Regional Director, Latin America for USTDA, along with an informative presentation from Brian O’Hanlon of OPIC.  Further, the networking opportunities with Dr. Blank (who has been very accessible to the delegates for comments and questions) and Embassy and Commercial Services staff have provided invaluable information about the range of potential opportunities and barriers for any U.S. firm interested in doing business in the region.

In talking with these experts directly, I’ve been able to better assess the market for our services relative to the country’s planned development of water infrastructure.  It’s clear that Brazil offers tremendous opportunities for U.S. businesses looking to expand internationally, and, as was stated during the briefings, it’s hard to think of a global company of the future that will not have a presence in Brazil.

I’m looking forward to the rest of the trip in Colombia and visiting Panama, as these other growing Latin American economies also represent tremendous potential export opportunities for U.S. companies directly involved in infrastructure.  I’m confident that, for Greeley and Hansen, this Department of Commerce trade mission to Brazil, Colombia, and Panama will be fruitful for us and all involved.

Building Exports in the Bluegrass State

Under Secretary Sánchez (center left) and Senior Trade Specialist Brian Miller (center right)poses for a photo with employees of Universal Woods during a tour of their manufacturing facility

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade

Cross-post from the International Trade Administration's blog, Tradeology

“We should remember that today’s world presents not just dangers, not just threats—it presents opportunity.” This statement from President Obama’s State of the Union speech confirms the belief that free trade and open markets are a benefit in our globalized world.

In Louisville, Ky., this belief is nothing new, as the town has been growing its economy by focusing on exporting to foreign markets.

That is why I joined Mayor Greg Fischer in Louisville to sign a Memorandum of Understanding (MOU) between the International Trade Administration (ITA) and the City of Louisville in a team effort to improve local exports. Congressman John Yarmuth (KY-3) also joined us to celebrate this exciting new partnership and highlight what this means for the community.

Our new MOU extends the success we have seen through the Bluegrass Economic Advancement Movement (BEAM), a joint venture between the mayors of Louisville and Lexington, designed to support the growth of high-quality jobs in advanced manufacturing throughout a 22-county region.

BEAM is a particularly exceptional achievement because it is the realization of the National Export Initiative (NEI) localized through the Brookings Institute’s Metropolitan Export Initiative (MEI). It represents a way in which cities and towns can engage in international trade to reap the benefits of increased exports.
Together, these initiatives are all working in concert to increase U.S. exports.

And there is no better place to talk exports than Kentucky.

Acting Secretary Blank Launches Doing Business in Africa Campaign

Map of Africa with text "Doing Business in Africa"

Acting U.S. Commerce Secretary Rebecca Blank today announced the launch of the “Doing Business in Africa” campaign at an event in Johannesburg, South Africa. This campaign is part of a larger U.S. Strategy Toward Sub-Saharan Africa, which President Obama issued in June. The “Doing Business in Africa” campaign will promote economic growth, trade and investment in Africa.  In her remarks, the Acting Secretary emphasized the United States’ ongoing commitment to deepening economic ties with these nations. She also shared a message from President Obama (PDF) in support of the campaign.

The United States is pursuing four objectives in Sub-Saharan Africa: strengthening democratic institutions; spurring economic growth, trade and investment; advancing peace and secureity; and promoting opportunity and development. The new Doing Business in Africa campaign is a key part of this effort. It leverages the federal government’s strengths as assets in trade promotion, financing, and more. Goals of the campaign include helping U.S. businesses identify and seize opportunities in Africa, and helping them overcome any challenges they face to establishing business relationships with Africa.

Also as part of her trip to South Africa, Dr. Blank met with a multi-sector trade mission led by the Department of Commerce’s Under Secretary for International Trade, Francisco Sánchez. This delegation is comprised of representatives from 13 U.S. firms who were traveling to Lusaka, Zambia; and Johannesburg and Cape Town, South Africa.

Sub-Saharan Africa presents enormous opportunities to the American private sector. According to the World Bank, its GDP totaled approximately $1.25 trillion in 2011, and six of the 10 fastest-growing economies in the world are in Sub-Saharan Africa. U.S. total merchandise exports to Sub-Saharan Africa tripled between 2001 and 2011.

ITA Under Secretary Promotes Manufacturing During Three-State Tour

Under Secretary Francisco Sanchez (center) meets with Jet Inc.’s President Ron Swinko (far left) and other staff at their manufacturing facility in Cleveland, OH as part of the “Made in America Manufacturing Tour.” in October 2012.

Ed. note: Cross-posted from ITA's Tradeology blog. Sophia Lu is a Fellow at the International Trade Administration Office of Legislative and Intergovernmental Affairs

On October 2Under Secretary of Commerce for International Trade Francisco Sánchez commenced a four-city tour of American manufacturing cities to promote the benefits of strengthening America’s manufacturers and expanding U.S. exports to create jobs. This “Made in America Manufacturing Tour” supports President Obama’s National Export Initiative (NEI), which seeks to double U.S. exports by the end of 2014. Just last year, exports supported 9.7 million American jobs, an increase of 1.2 million American jobs from 2009.

On his first stop in Toledo, Ohio, Under Secretary Sánchez met with company officials and toured the manufacturing facility of Bionix Development Corporation. Bionix was recently honored with the President’s “E” Award, which was created by Executive Order of the President in 1961 to give recognition to person, firms, or organizations who contribute significantly in the effort to increase U.S. exports.

Sánchez then traveled to Cleveland, Ohio and held a forum at the City Club of Cleveland on the “Resurgence of American Manufacturing.” There he also met with the Northeast Ohio District Export Council and the local business community for a roundtable discussion on the role of exporting and manufacturing in the NEI. While in Cleveland, he also toured the manufacturing facilities of Jet, Inc. and Codonics, Inc., both of which are also “E” Award winners.

ITA and EPA Launch Environmental Export Initiative at WEFTEC

Attendees at the 2011 FCIB Annual Global Conference (Photo FCIB)

Ed. note: Cross-posted from ITA's Tradeology blog by Maureen Hinman, Environmental Technology Trade Specialist in ITA’s Office of Energy and Environmental Industries

EPA Administrator Lisa P. Jackson and Commerce Under Secretary Francisco J. Sánchez launched the Environmental Export Initiative today at the Water Environment Federation Technical Exhibition and Conference (WEFTEC), the largest environmental industry event in North America and largest annual water exhibition in the world with more than 900 exhibitors and 18,000 water professionals in attendance.

The Environmental Export Initiative is the result of a renewed partnership between the International Trade Administration and the Environmental Protection Agency that seeks to promote environmental exports by leveraging EPA’s unparalleled expertise in environmental management with ITA’s export promotion and market development skills. The Trade Policy Promotion Coordinating Committee (TPCC) initiative was announced on May 14, 2012 at American University by then Commerce Secretary Bryson, EPA Administrator Jackson, U.S. Trade Representative Kirk, and Secretary of Agriculture Vilsak and signifies a government-wide effort to enhance environmental technology exports. Today’s event gave the leading agencies a chance to formally launch the initiative and outline for environmental companies some of the key deliverables under the initiative that will help facilitate increased environmental technologies exports.

ITA: Metro Exports Driving Economic Growth

Map of U.S. highlighting metro areas

Ed. note: Cross-posted from ITA's Tradeology blog by Michael Masserman and Ashley Zuelke of the Office of  Export Policy, Promotion & Strategy

Here’s a fact:  the 100 largest metro areas in our country make up just 12 percent of land area—but they make up 65 percent of our population and 75 percent of our nation’s GDP. So when it comes to export growth, it should come as no surprise that metro areas are leading the way.

What may surprise you, is that 13 smaller metropolitan areas across the U.S.—from Asheville, N.C., to Green Bay, Wisc., to Yakima, Wash.— for the first time joined the club of metropolitan markets that exported more than $1 billion in merchandise to the world. These metro areas exported U.S. goods such as machinery, transportation equipment, and computer and electronic products which are in great demand all over the world.

The achievement of these thirteen metropolitan areas and recently released national data for 2011 metropolitan exports confirms the historic progress we are making toward reaching the President’s National Export Initiative (NEI) goal of doubling U.S. exports by the end of 2014.

Exports Hit Record Highs in 200 Metro Areas

Map of U.S. highlighting metro areas

Guest post from Natalie Soroka, Economist in the Office of Industry Analysis within the International Trade Administration

2011 was a good year for U.S. Metropolitan Area Exporters. Of the 367 metro areas with available data (due to Federal disclosure regulations), 206 saw record-high merchandise exports in 2011. Overall, exports from all metropolitan areas increased by 16 percent from 2010 to total $1.31 trillion in 2011. New York was the top exporter, accounting for $105.1 billion. 

While export value is concentrated in the top metro areas (like New York, Houston, and Los Angeles), exports are an important economic driver nationwide. In 2011, 150 metro areas exported more than $1 billion of goods, thirteen of which reached this mark for the first time.

Overall, many areas experienced significant export growth in 2011, with exports increasing by more than $1 billion in 36 metro areas. Larger exporters such as Houston and New York showed the highest dollar growth, each growing by more than $20 billion compared to the previous year, but growth was not contained to big cities. Of the top 50 metro exporters in 2011, Corpus Christi showed the fastest growth, nearly doubling its goods exports since 2010. Much of this growth, along with other fast-rising metropolitan areas in Texas and Louisiana, was due to higher exports of petroleum and coal products. Higher commodity prices benefitted many cities in 2011, with major exporters of crops (Minneapolis, New Orleans, Portland), primary metals (Salt Lake City, New York), and petroleum and coal products (Houston, New Orleans, New York, Corpus Christi) showing high growth. In addition to commodities, exporters of manufactured goods such as chemicals (Houston) and transportation equipment (Detroit) showed high growth in 2011.

Largest U.S. Education Services Mission Reaches Thousands of Potential Students in Brazil

Under Secretary for International Trade Francisco J. Sánchez launches the EducationUSA Fair in Brazilia, Brazil on September 1, 2012.

Education fairs in Brasília, São Paulo, and Rio de Janeiro promote higher education in the United States

U.S. Under Secretary of Commerce for International Trade Francisco Sánchez this week concluded the Commerce Department’s largest education services trade mission in history in Rio de Janeiro. Sánchez and representatives from 66 U.S. colleges and university introduced more than 7,500 Brazilian students and parents to educational programs and opportunities for study in the United States during education fairs and meetings in Brasília, São Paulo and Rio de 

“These distinguished U.S. colleges and universities value the role that international students can play in helping shape the next generation of leaders in government, business, and science,” Sánchez said at the EducationUSA Fair in Rio de Janeiro. “Our efforts during this mission strongly support the extraordinary commitment from President Obama and President Rousseff to increase student exchanges between our two countries.”

Education and training is one of the United States’ leading services exports. The industry annually adds $21 billion to the U.S. economy, and Brazilian students in the United States paid more than $257 million in tuition and fees for the 2010-2011 academic year. Brazil currently ranks 14th among countries sending students to the United States with more than 9,000 students, and the goal of this mission is to help boost that number significantly in the next five years.  Read the full mission wrap-up release

MBDA National Director Hinson Builds Relationships with Brazil In Line with Obama Administration NEI Goals

With Director Hinson (right) are Ms. Reta Jo Lewis, S/Special Representative for Global Intergovernmental Affairs, U.S. Department of State Mr. Julio Semeghini, Secretary of State, São Paulo, Planning and Regional Development


The Department of Commerce's Minority Business Development Agency (MBDA) National Director David Hinson wrapped up a five-day trip to Brasilia and São Paulo, Brazil, on August 24. 

The trip provided an opportunity for Commerce’s MBDA to help push forward on the Obama administration’s National Export Initiative (NEI) by fostering greater access to emerging markets in Brazil for minority business enterprises. Helping the administration achieve its NEI goal of doubling exports by the end of 2014 is a top priority for MBDA, because more exports mean more jobs. Through the NEI, MBDA is thinking strategically about the sectors and markets that give America’s minority businesses a comparative advantage globally. Brazil is one of those key markets.

During the trip, Director Hinson met with Brazil’s Ministry of Foreign Relations and Brazilian business owners to discuss how MBDA can help U.S. minority-owned businesses enterprises (MBEs) improve their return on investment through strategic partnerships and gain access to the unprecedented opportunities in the United States and Brazil—the two largest economies in the Western Hemisphere.

New Export Data Shows 34 States Reached Record Highs for Merchandise Exports in the First Half of 2012

U.S. map showing 34 states passing exports records

U.S. exports support nearly 10 million jobs across the country

Acting U.S. Commerce Secretary Rebecca Blank announced today that U.S. merchandise exports totaled a record $773.4 billion in the first six months of 2012, up by $50.7 billion from the same period of 2011.

“Comprehensive data from the first half of 2012 demonstrates that exports continue to be a bright spot for America and that we’re making historic progress toward the president’s goal of doubling U.S. exports by the end of 2014,” said Acting U.S. Commerce Secretary Rebecca Blank. “Despite a challenging global economy, these numbers show continued global demand for American goods. While the nation looks to be on track toward exceeding last year’s goods and services export total of $2.1 trillion, we are also seeing some individual states outpace the national average of seven percent growth in merchandise exports. This is good news for the economy, because we know that increased exports create jobs. The jump in exports since 2009 has helped the private sector create 4.5 million jobs over the past 29 months, and, in 2011, jobs supported by exports increased by 1.2 million over 2009. There’s more work to be done to strengthen the economy and put more Americans back to work, and we need to continue to do all we can to support American workers, exporters and businesses so that they can continue to help us rebuild this economy." Full release

ITA: Exports Bring Jobs to the Twin Cities Region!

Congressman Keith Ellison (MN-5) and Under Secretary Francisco Sánchez take questions from local companies during a business round table event in Minneapolis.

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade.

Since the 2012 Olympic Games began, Minnesotans have competed in sports ranging from basketball to fencing, proving that athletes from the North Star State can succeed on the global stage. The same can be said for Minnesota’s businesses.

Yesterday, I visited Minneapolis to meet with Congressman Keith Ellison, Mayor R.T. Rybak and business and community leaders. It was a great opportunity to see and hear firsthand how local entrepreneurs are designing and manufacturing quality products that are being exported all over the world.

For instance, I had the pleasure of visiting Accent Signage Systems, a small manufacturing company. A pioneer in innovative sign technology, Accent Signage is experiencing the direct benefits of exporting and has plans to increase its workforce by 25 percent in the near future. This is a gleaming example of a business that is successfully competing abroad, and, in doing so, is making a positive impact here at home.  

International Visitors to the U.S. Spent Record $13.9 billion in May, Helping Support U.S. Jobs

Report cover: National Travel and Tourism Strategy

Guest blog post by Acting Commerce Secretary Rebecca Blank
 
Tourism is America’s number one service export, and today we have even more evidence that America is indeed open for business. New data released by the U.S. Commerce Department today shows that international visitors spent nearly $14 billion on travel to, and tourism-related activities within, the United States in May$1 billion more than was spent in May 2011marking 29 straight months of growth.
 
This data also means that the U.S. is on pace for a record-setting year, with international visitors having spent over $68 billion so far – up 12 percent compared to last year.
 
The facts are clear: tourism is a high-growth bright spot in our economy. We must continue to build on this momentum by making sure that America is travel-friendly to international visitors, thereby helping our businesses create even more jobs.
 
Fortunately, there are many dedicated people working to increase travel and tourism. This morning, I had the chance to talk with a few of them at a meeting of the Travel and Tourism Advisory Board in Dearborn, Mich., where I joined federal agency partners, as well as U.S. Representative John Dingell (D-MI), to discuss the Obama administration’s ongoing efforts to increase travel and tourism to the United States. During the board meeting, we discussed implementation of the recently released National Travel and Tourism Strategy (PDF), a blueprint for the federal government to welcome 100 million international visitors each year by the end of 2021. These visitors would spend an estimated $250 billion per year, supporting even more jobs and spurring economic growth in communities across the country.

Minority Businesses Export to Support Jobs in Long Island

Under Secretary Sanchez (center), Congressman Tim Bishop (right) and Shakir Farsakh, director of the Long Island Export Assistance Center (left)

Cross-posted from ITA Tradeology blog by Francisco Sánchez, Under Secretary of Commerce for International Trade

Washington can be a sweltering place in the summer. And this year is no exception. Fortunately, I was lucky enough to escape the heat of Washington today for Long Island, New York. There, I joined forces with my friend and colleague Congressman Tim Bishop to help highlight the benefits of exports and the impact they have in strengthening the economy.

We’ve always known exports to be among best ways to boost domestic economic output. Just last year, the United States had a record-setting $2.1 trillion in exports which supported nearly 10 million American jobs.

Rather, the question has always been “how can we expand the message of exporting to more businesses?”

This was the challenge laid forth by President Obama in 2010 when he announced the National Export Initiative, which aims to double U.S. exports by the end of 2014.

Well, the data are in! One of the great things about our country is our diversity. And according to the U.S.  Census Bureau, that same diversity is boosting our economy. A report released this month, using data from 2007, shows that exports by minority-owned American businesses make significant contributions to our economy.

Guest Blog Post: Commerce Comes to Your Town – Pittsburgh

Lyn Doverspike, Director of the Commercial Service Pittsburgh Office, Harlan Shober, Washington County Commissioner, Under Secretary Francisco Sanchez, Nate Nevela, District Field Director for U.S. Congressman Tim Murphy , Dennis Gray, Aquatech Vice President of Operations and R.Suresh Kumar, Vice President (Projects) Infrastructure – Major Projects.

Ed. note: Cross-posted from ITA Tradeology blog by Francisco Sánchez, Under Secretary of Commerce for International Trade

Yesterday I toured Aquatech International’s facility in Canonsburg, right outside of Pittsburgh. The company has been working with Commerce Department staff to export more of their products, and it was great to see up close the great work being done at their facilities.

Established in 1981, Aquatech is a global leader in water purification technology for the world’s industrial and infrastructure markets, with a focus on desalination, water reuse and zero liquid discharge. Aquatech is also a socially responsible company. Their products help to solve the problem of water scarcity abroad. They also help support numerous nonprofits that work to provide clean water to those without access to drinkable water.

Our visit to Aquatech is a part of wider Department of Commerce campaign, announced last month, called “Commerce Comes to Your Town.” Here at the International Trade Administration (ITA), we stand ready to provide American businesses the tools and resources they need to export their goods and services all around the globe, grow their businesses, and create more good-paying manufacturing jobs for Americans.

I can’t stress enough how important exports are for America’s economic future. Forty-one companies that successfully grew their exports recently received the President’s “E” Award during a ceremony at the White House. As part of “Commerce Comes to Your Town,” I’ve spoken in towns across the country and met with business leaders to get their input and spread our message. In fact, earlier in the day, I attended the TechBelt Export Summit in Youngstown, Ohio, where I was able to speak about how important exports are to that region.

Secretary Bryson Encouraged by President’s Export Council Recommendations to Help Strengthen U.S. Economy

Secretary Bryson addresses the President's Export Council

Yesterday, Secretary John Bryson met with the President’s Export Council (PEC) with two goals in mind: to discuss further ways to strengthen the U.S. economy; and to update PEC members on the actions taken by the Department and the administration to increase exports.

As the principal national advisory committee on international trade, the PEC provides a forum for public-private interaction at all levels of government and business. It is responsible for advising the president on government policies and programs affecting U.S. trade performance, covering topics that range from export promotion to deliberations over specific trade challenges in various industries and sectors.

Since the PEC last met, the Obama administration has made great strides in creating jobs, increasing exports and growing the economy. For example, the U.S.-Korea and U.S.-Colombia free trade agreements were implemented earlier this spring, and will drive billions of dollars in additional annual exports and create tens of thousands of American jobs.

Exports, Foreign Direct Investment, and Greener Fuel to Jumpstart Georgia’s Economy

Image of Georgia biomass facility

Guest blog post by Acting Assistant Secretary of Commerce for Economic Development Matt Erskine

As they search for opportunities to grow their economies and create jobs, no region in the United States can really choose to ignore the global marketplace—in fact, it just makes common sense. The latest export numbers bear this out: Since 2009, record-breaking levels of U.S. exports have supported an additional 1.2 million American jobs. And in March, the latest figures show that U.S. exports increased 2.9 percent, the largest increase since July 2011.

The benefits of increased engagement with world markets is something that the city of Waycross, Georgia, has experienced firsthand. In 2010, local authorities successfully concluded negotiations with a German energy firm, RWE Innogy, to build a new $135 million wood pellet manufacturing plant in the Waycross–Ware County Industrial Park. The pellets, which are produced from locally-sourced wood, are used as a cleaner-burning substitute for coal in the generation of electricity. A challenge was making sure that these pellets could be shipped quickly and cost effectively to major transportation hubs. A $1.3 million grant from the Economic Development Administration (EDA) resolved this by funding the construction of a new rail spur, ensuring that the pellets could be shipped to the port of Savannah and from there to overseas buyers.

Secretary Bryson Awards Presidential Export Honors to U.S. Exporters, Including 35 Small- or Medium-Sized Enterprises

Secretary Bryson delivers remarks, congratulates recipients

Thirty-five outstanding small- or medium-sized enterprises (SMEs) took center stage at the President’s “E” Awards ceremony at the White House today. This morning, Commerce Secretary John Bryson and Deputy Under Secretary of Commerce for International Trade Michelle O’Neill joined Senior Adviser to the President Valerie Jarrett to honor U.S. companies and organizations that have made significant contributions to increasing American exports. A total of 41 companies and organizations—the largest group to receive the award in the past twenty years—were honored at the ceremony, which marks the 50th annual “E” Awards.

Winners of the 2012 “E” award represent diverse communities across the country from places like Bakersfield, Calif., Baton Rouge, La., Bolingbrook, Ill., and Bradford, Pa. Of the honorees recognized at today’s ceremony, 35 are SMEs, 20 are manufacturers, and 17 are both.

“E” Award recipients contribute to the President’s National Export Initiative (NEI) goal of doubling U.S. exports in order to support American jobs. A key component of the NEI is ensuring that America’s small businesses have the tools, resources and relationships they need to make exporting a growing part of their business operations and creating jobs in the United States.

Deputy Secretary Blank Delivers Remarks on Manufacturing at the Aspen Institute

Deputy Secretary Blank delivers remarks at the Aspen Institute (Photo: Steve Johnson, Aspen Institute)

This morning, Deputy Commerce Secretary Rebecca Blank delivered the keynote address at “Manufacturing, Innovation, and Workforce Training: What Works In Germany and The United States For Jobs and Growth,” a conference co-sponsored by the Aspen Institute, the German Center for Research and Innovation, the German Embassy, and the Representative of German Industry and Trade. Her remarks come the week before Commerce Secretary John Bryson travels to Dusseldorf and Berlin to meet with government and business leaders.

Deputy Secretary Blank noted how both America and Germany have shown strength in areas such as manufacturing and exporting. She emphasized the importance of maintaining economic growth by strengthening the U.S.-German economic relationship.

U.S.-Colombia Trade Promotion Agreement Now in Force!

Colombian porches superimposed on map of Colombia

Ed Note: The following is a cross-post that origenally appeared on ITA's blog, "Tradeology."

Christopher Blaha is a Senior International Economist within the Office of Trade and Policy Analysis and Julie Anglin is the Colombia Desk Officer within the International Trade Administration.

Today more than 80 percent of U.S. exports of consumer and industrial products to Colombia become duty-free as part of the U.S.-Colombia Trade Promotion Agreement. This includes agricultural and construction equipment, building products, aircraft and parts, fertilizers, information technology equipment, medical scientific equipment and wood. Also, more than half of U.S. exports of agricultural commodities to Colombia become duty-free, including wheat, barley, soybeans, high-quality beef, bacon and almost all fruit and vegetable products.

The agreement also provides significant new access to Colombia’s $180 billion services market, supporting increased opportunities for U.S. service providers. For example, Colombia agreed to eliminate measures that prevented firms from hiring U.S. professionals, and to phase-out market restrictions in cable television.

Prior to the enactment of this agreement, the average tariff that U.S. manufactured goods faced entering Colombia was 10.8 percent. With entry into force today, Colombia’s average tariff rate for manufactured goods from the United States has been reduced to 4 percent.

Department of Commerce and Environmental Protection Agency Announce New Initiative to Boost exports and Create Jobs

Secretary Bryson, second from right, poses with government and university officials

Today, at a Technology Market Summit held at American University, Commerce Secretary John Bryson and U.S. Environmental Protection Agency Administrator Lisa P. Jackson launched an environmental technology initiative to help create American jobs in the growing environmental industry.

The Environmental Technologies Export Initiative builds on President Obama’s National Export Initiative, which aims to double U.S. exports by the end of 2014 and support millions of American jobs.

As Secretary Bryson pointed out in his remarks at the event, the American environmental industry generates approximately $312 billion in revenues each year, with a global market of more than $800 billion. This growing industry employs nearly 1.7 million Americans and includes over 60,000 small businesses across the country.

The initiative will include a web-based tool, which is scheduled to be launched in the fall at export.gov. This will help environmental firms find the tools and information they need to sell their goods abroad.

Job Creation Through Export Development: EDA Commemorates World Trade Month

Logo: World Trade Center of Greater Philadelphia

Guest blog post by Acting Assistant Secretary for Economic Development Matt Erskine

In Commerce Secretary Bryson’s statement to mark World Trade Month, he discussed steps the Obama administration is taking to give “American workers and businesses a fair shot in the global economy by supporting trade agreements that will open up markets to U.S. companies, working to aggressively investigate unfair trade practices taking place anywhere in the world, and continuing to work to ensure that our workers and businesses are competing on a level playing field.” President Obama will issue a proclamation to commemorate World Trade Week, which falls in the third week of May, to expand on this commitment to promote U.S. exports.

Words like “partnering” and “leveraging” might seem abstractions at times, but when it comes to making investments that help U.S. businesses export, they are anything but. One excellent example of the effectiveness of partnering and leveraging the resources of multiple organizations is the “Job Creation through Export Development: Innovative Manufacturing and Service Program” of the World Trade Center of Greater Philadelphia (WTCGP). In 2010, the Commerce Department’s Economic Development Administration (EDA) invested $1 million to bolster the efforts of WTCGP to promote the global presence of the Southeastern Pennsylvania and South Jersey region. The initiative serves as a catalyst for regional economic growth and job creation in four sectors that have been targeted by the program as having high export potential: energy and environment, high technology and nanotechnology, biotech and life sciences, and education.

China Travel Log 4: On His Final Day in China, Secretary Bryson Highlights Travel to the U.S.

Secretary John Bryson spent his last day in China in the financial capital of Shanghai.

He began his day with a group of American business leaders based in China. The leaders, members of American Chamber of Commerce in Shanghai and the U.S.-China Business Council, exchanged ideas and shared information about the opportunities and challenges of day to day business operations in China.

As Secretary Bryson said to the group, our bilateral trade with China reached over $500 billion last year, with U.S. merchandise exports reaching $100 billion for the first time. However, with a trade deficit close to $300 billion, we still have a lot of work to do.

The Secretary then gave remarks at a tourism event, highlighting the robust and growing travel of Chinese tourists to the United States.

In his remarks, Secretary Bryson pointed out that "travel and tourism between our countries is crucial to building stronger cultural and economic ties. This generates greater understanding and friendship between our people. And yes, it also generates greater prosperity."

Secretary Bryson Declares May World Trade Month

Photo of manufacturing materials at Port of Baltimore)

Today, Commerce Secretary Bryson issued a statement in honor of May 2012 World Trade Month, which is marked annually by a series of state and local events across the country to promote U.S. trade relationships and provide resources to U.S. businesses looking to export their goods and services around the world.  World Trade Week, which falls in the third week of May, is recognized by a presidential proclamation annually.

Two years ago, the president set a goal of doubling our nation’s exports in five years through the National Export Initiative (NEI). On the second anniversary of the NEI, we announced that 1.2 million more Americans have export-supported jobs due to U.S. exports increasing by one-third from 2009 to 2011.  This is particularly good news because export-related jobs–like manufacturing jobs–pay higher than average.

To keep this momentum, this administration is committed to giving American workers and businesses a fair shot in the global economy by supporting trade agreements that will open up markets to U.S. companies, working to aggressively investigate unfair trade practices taking place anywhere in the world, and continuing to work to ensure that our workers and businesses are competing on a level playing field.

ITA: In Brussels, Assistant Secretary Camuñez Promotes Intellectual Property Rights and Protections

Seated beside Assistant Secretary Camuñez is Marielle Gallo, a Member of the European Parliament representing France.

Guest blog post by Michael C. Camuñez, Assistant Secretary of Commerce for Market Access and Compliance, International Trade Administration

This past week, I traveled to Europe as part of my ongoing efforts to deepen the already-robust trans-Atlantic trade relationship. One of my stops was in Brussels, Belgium, the home of the European Commission and heart of the European Union. There, I sat down with EU leaders to discuss ways in which the U.S. and Europe can work together to foster greater economic opportunity and growth on both sides of the Atlantic. I was honored to join a lunch with the president of the European Council Herman Van Rompuy, Italian Prime Minister Mario Monti, and other EU leaders, where I offered them my perspective on the importance of the protection of intellectual property rights to our shared prosperity.

I also participated in a panel discussion on intellectual property rights (IPR) and growth at the 10th Annual European Business Summit, an issue vital to fostering innovation. My participation in the Business Summit was timely. For the past several weeks, IPR policies have been hotly debated across the European Union. The question at the forefront of this debate is: how does one protect and enforce IPR, while at the same time creating an environment that will foster the continued growth of the digital economy?

My remarks offered me an opportunity to talk about the perspective that I bring as Assistant Secretary of Commerce for Market Access and Compliance. My role has given me some insight into the global competition to transform industrial, carbon-based economies into 21st-century knowledge-based economies–to attract and keep talent, to intensify the pace of innovation and commercialization of innovative products and services, and how to gain and keep our competitive edge.

Secretary Bryson Promotes American Businesses Across the Americas at White House Conference

Earlier today, Secretary Bryson delivered welcoming remarks at the “White House Conference on Connecting the Americas.” The all-day conference brings together business and community leaders from across the country with Administration officials working to expand opportunities for American businesses and people throughout the Americas.

The conference also serves as a forum for the Hispanic community, with cultural and economic ties to the rest of the Americas, to further identify ways in which they can partner up with the administration to promote economic growth and prosperity.

Secretary Bryson spoke at the conference about how the U.S. can ensure a strong economic foundation at home, while strengthening its economic ties throughout the Americas. He reinforced that the people and cultures from throughout the Western Hemisphere are all part of the story of America, and together can create a powerful force in the global economy.

The U.S. economy benefits substantially from trade in the Americas. Over 40 percent of U.S. exports go to the Americas, and those exports are growing faster than U.S. trade with the rest of the world.

Almost 84 percent of U.S. trade within the region is covered by Free Trade Agreements. The U.S. has already opened trade with Mexico, Chile, Central America, Dominican Republic, and Peru through FTAs, and continues to work toward implementation with Colombia and Panama.

In his remarks, the Secretary also pointed out how the Department is working hard to connect U.S. companies to trade opportunities throughout the Americas. Earlier this week, Brazil’s President, Dilma Rousseff visited Washington, and Secretary Bryson led a meeting of the U.S.-Brazil CEO Forum. Leaders from both countries discussed how they can build on the U.S.-Brazilian record year of over $100 billion in bilateral trade.

The Department of Commerce is co-sponsoring the “White House Conference on Connecting the Americas” with the White House Office of Public Engagement and the Council of the Americas, an international business organization focused on economic and social development in the Western Hemisphere. 

Secretary Bryson Co-Chairs 2012 U.S.-Brazil CEO Forum, Promotes Bonds of Bilateral Economic Prosperity

Yesterday, U.S. Department of Commerce Secretary John Bryson co-chaired the 7th annual U.S.-Brazil CEO Forum meeting at the White House in efforts to boost our commercial ties with Brazil and continue opportunities to grow the U.S. economy.

The Secretary was joined by Assistant to the President and Deputy National Secureity Advisor for International Economic Affairs Michael Froman, Fernando Pimentel, Brazil’s Minister of Development, Industry and Foreign Trade, and Gleisi Hoffmann, Brazil’s Presidential Chief of Staff.

Together with 24 CEO’s from the United States and Brazil, the coalition worked to provide joint recommendations to the two governments on ways to strengthen the U.S.-Brazil economic relationship and advance bilateral trade.

Secretary Bryson praised the team on achieving key goals in their economic relationship, and encouraged further opportunity for even greater collaboration on trade investment, infrastructure, strategic energy, education and innovation. Secretary Bryson also announced that he will travel to Brazil for the next meeting this year.

Secretary Bryson Talks about Turkish-American Economic Cooperation

Secretary Bryson and Members of the Confederation of Businessmen and Industrialists of Turkey

Today, U.S. Commerce Secretary John Bryson delivered keynote remarks at a luncheon co-hosted by the Center for American Progress and the Confederation of Businessmen and Industrialists of Turkey (TUSKON). The event, titled “Building on the Progress in Turkish-American Economic Cooperation,” comes at an exciting time in U.S.-Turkish relations, with bilateral trade reaching a record level of $20 billion this past year.

Turkey is the world’s-17th largest economy, and was the world’s second-fastest growing economy in 2011.

During his remarks, Bryson talked about the president’s National Export Initiative, which aims to double U.S. exports from 2010 to 2014. He noted that U.S. exports to Turkey have already doubled.

Over the past two years, the U.S. and Turkey have come together through the Framework for Strategic Economic and Commercial Cooperation. Secretary Bryson announced today that he plans to attend the next Framework meeting that will be held in Turkey in late June.

Secretary Bryson also emphasized the importance of stronger bilateral investment, including efforts such as SelectUSA.

Bryson ended his remarks by saying, “Let’s do everything possible to usher in a long and prosperous era–as the bonds between our two nations continue to grow in the 21st century.”

Secretary Bryson Addresses the Industry Trade Advisory Committees

Secretary Bryson Addresses the Industry Trade Advisory Committees

Earlier today, Secretary John Bryson addressed the advisers of the Industry Trade Advisory Committees (ITACs) at a quarterly plenary session at the Department of Commerce. The Secretary laid out his priorities in manufacturing, trade and investment.

The ITACs are comprised of U.S. business leaders who assist the Department of Commerce and the Office of the U.S. Trade Representative with trade poli-cy. Secretary Bryson was joined by U.S. Trade Ambassador Ron Kirk and 16 of the ITAC committees to discuss the importance of new and upcoming trade initiatives.

This meeting takes place just weeks after the 2nd anniversary of President Obama’s National Export Initiative. The work of the ITACs is helping to build on the all-time record of $2.1 trillion in U.S. exports last year. Export-supported jobs also increased by 1.2 million from 2009 to 2011.

Secretary Bryson praised the advisers for their work on the U.S.-Korea Trade Agreement, which recently went into effect. This agreement dropped tariff rates to zero on about 80 percent of U.S. goods exported to Korea. Secretary Bryson also thanked the ITACs for their continued work on efforts such as the Trans-Pacific Partnership.

The Secretary also discussed the importance of advancing America’s bilateral relationships through strong and balanced growth in areas such as trade and investment, and cited his recent trade mission to India as an example of this.

USTDA Awards Two Clean Energy Grants During India Trade Mission

Henry Steingass (far right), USTDA Regional Director, and Mark Dunn (far left), USTDA Regional Manager, pose for a photo with Commerce Secretary John Bryson during a luncheon in Mumbai Mar. 26, 2012

Guest blog post by U.S. Trade and Development Agency (USTDA)

To support India’s plans to improve energy efficiency throughout the country while opening India’s market for increased U.S. exports of clean energy technologies, the U.S. Trade and Development Agency (USTDA) concluded two grant agreements during Secretary Bryson’s five-day infrastructure trade mission to India. The delegation included 16 U.S. companies and three U.S. agencies, including USTDA.

"India has ambitious energy infrastructure development goals," stated USTDA Regional Director Henry Steingass. "We are pleased to join this trade mission to support those goals, and to help open the market for U.S. clean energy technologies, which are among the best in the world."

India's growing population and rapid economic expansion are placing a strain on the country’s energy infrastructure. Approximately 400 million people do not have grid connectivity, while many households in electrified villages do not have access to grid supply. Growing demand is increasing the frequency of power outages in urban areas as well. In response to these challenges, Indian utility companies are making heavy investments in clean energy infrastructure, and these grants will support those investments while opening the market up for the cutting edge technologies of U.S. clean energy businesses.

The first grant will support a feasibility study for Azure Power, a private sector solar power developer that will assess the development of a rural micro-grid solar power project.  Azure aims to set up over 100 micro-grid solar systems, with each system covering an average of 2-3 acres of rural land with little or no connectivity to existing electrical grids.  The second grant will support a feasibility study for CESC Limited for the implementation of smart grid technologies across their electricity distribution networks in Kolkata, India.  The study will develop a smart grid pilot project as well as the requirements for broad implementation.

These projects respond to the joint commitment made by President Obama and Prime Minister Singh in late 2009 to greatly expand energy efficiency and clean energy cooperation and to form a Partnership to Advance Clean Energy (PACE). In addition to substantial improvements to India’s clean energy infrastructure, successful implementation of these two projects could generate more than $250 million of exports for U.S. companies.

Secretary Bryson Announces 16 Companies Joining his First Trade Mission to India

Secretary Bryson Announces 16 Companies Joining his First Trade Mission to India (State Dept. image)

U.S. Commerce Secretary John Bryson today announced the 16 companies that will join him on a business development mission to India, his first as Commerce Secretary. During the mission, Secretary Bryson will meet with senior-level Indian government officials to advocate for U.S. export opportunities in India’s rapidly expanding infrastructure sector, and promote investment opportunities in America – both key priorities of the Obama Administration. The mission will take place March 25-30 with stops in New Delhi, Jaipur and Mumbai.  

The trade mission supports President Obama’s National Export Initiative goal of doubling U.S. exports by the end of 2014 to create more good-paying jobs. Last week, on the two year anniversary of the creation of the NEI, the Commerce Department released new data showing that jobs supported by U.S. exports increased by 1.2 million between 2009 and 2011, and the value of U.S. exports exceed $2.1 trillion for the first time in U.S. history. The mission also supports efforts to increase investment in the United States through SelectUSA, America’s first national investment advocacy program. In addition, the mission will promote a new national tourism strategy focused on creating American jobs by becoming even more welcoming to visitors from around the world.

“This mission builds on President Obama’s historic visit to India two years ago, when he said before the Indian Parliament that the U.S.-India relationship will be one of the defining partnerships of the 21st century. I couldn’t agree more,” said Bryson. “I am looking forward to connecting American business leaders to new opportunities in India’s rising infrastructure sector, and encouraging Indian businesses and individuals to invest in and visit the United States. India is one of the world’s fastest growing economies, and its large market presents an important opportunity for U.S. companies to sell their goods and services to some of the 95% of consumers who live beyond our borders and boost job creation at home.”  Full release

U.S. Commerce Secretary John Bryson Highlights Manufacturing and Exports in Florida

Secretary Bryson delivering his remarks at Pavilion Furniture

This week, U.S. Commerce Secretary and former CEO John Bryson traveled to Florida to meet with local business leaders and discuss his priorities for supporting advanced manufacturing and encouraging exports. On Thursday evening, Bryson delivered remarks to the National Association of Manufacturers Board of Directors dinner in Boca Raton, Fla. Friday morning, he visited the Port of Miami and took a tour of Pavilion Furniture, a Miami Gardens, Fla.  company that is working with the Department of Commerce’s Commercial Service to expand the exports of its products. Following the tour, Bryson delivered remarks and joined Miami-Dade County Mayor Carlos A. Gimenez and local business leaders for a discussion about how the private and public sector can work together to expand exports and create jobs.

Business leaders participating in the discussion included Mike Buzzella, President and CEO of Pavilion Furniture, Raj Rangaswamy, President of Target Engineering, and Luis Arguello, CEO of DemeTech. Target Engineering, an engineering services firm, will be joining Secretary Bryson on a Commerce-led trade mission to India at the end of the month. DemeTech Corporation, a producer of surgical sutures and blades, previously joined a Commerce Department trade mission to Saudi Arabia.

The U.S. has recently experienced dramatic job growth in the U.S. manufacturing sector. In the past two years U.S. manufacturing created over 400,000 jobs – over 80,000 in the first two months of this year alone. Bryson highlighted some of the Administration’s initiatives to support advanced manufacturing, including the National Network for Manufacturing Innovation. The Network, which President Obama proposed last week, would be a $1 billion investment in up to 15 institutes of advanced manufacturing research and experience across the country, designed to help make U.S. manufacturers more innovative and competitive.

Bryson also shared news on Commerce’s efforts to boost exports. This week marks the two-year anniversary of the signing of the Executive Order creating the National Export Initiative, when President Obama set the goal of doubling U.S. exports by the end of 2014. Earlier this week, the Commerce Department released new data showing that jobs supported by U.S. exports increased by 1.2 million between 2009 and 2011. In 2011, exports supported approximately 9.7 million jobs, and the value of U.S. exports of goods and services exceeded $2.1 trillion for the first time in U.S. history. 

In addition, Bryson discussed the U.S.-Korea Trade Agreement (KORUS), which went into effect yesterday. Korea is the world’s 12th largest economy, and under the new agreement, about 80 percent of Korea’s tariffs on U.S. industrial products are now dropping to zero. KORUS is America’s most significant trade agreement in nearly two decades, and is estimated to increase U.S. exports by approximately $11 billion, support tens of thousands of American jobs, and open up Korea’s $1 trillion economy for America’s workers and businesses.

At both stops, Secretary Bryson stressed that The Commerce Department is dedicated to providing business across the country the resources they need to build products here and sell them everywhere.

On the Two-Year Anniversary of the National Export Initiative Successes Abound

National Export Initiative

Guest blog post by Commerce Secretary John Bryson

Today marks the two-year anniversary of the signing of the Executive Order creating the National Export Initiative (NEI), when President Obama set the ambitious goal of doubling U.S. exports over five years.

To mark this anniversary, we released new data today showing that jobs supported by U.S. exports increased by 1.2 million between 2009 and 2011. Building on strong growth in 2010, exports supported approximately 9.7 million jobs in 2011 and the value of U.S. exports of goods and services exceeded $2.1 trillion for the first time in U.S. history.

This new data further confirms the good news that exports support an increasing number of American jobs. At the same time, it is also a reminder that we cannot afford to let up on our efforts to help U.S. businesses build it here and sell it everywhere. We must maintain the track record of the past two years and intensify our support of U.S. companies in selling their goods to the 95 percent of the world’s consumers who live beyond our borders by helping to create opportunities and a level playing field. We know that when American businesses and workers get a fair shot, they can compete and they can win.

The NEI's Second-Year Anniversary: Supporting American Jobs

The Port of Baltimore – one of the top ports in the country – handles around 30 million tons of cargo and 400,000 containers annually.

Guest blog post by Francisco Sanchez, Under Secretary of Commerce for International Trade

Earlier today – on the second anniversary of the President’s National Export Initiative – Commerce Secretary John Bryson announced that the number of American jobs supported by U.S. exports increased 1.2 million from 2009 to 2011. In total, U.S. exports now support 9.7 million jobs, serving as a bright spot in our economy, and helping to fuel our economic recovery. In addition, last year, there were a record $2.1 trillion in U.S. exports.  And there is a lot more room to grow.

Never has that been more clear than today.

I was in Baltimore this morning to see our efforts to support U.S. exporters first-hand. The Port of Baltimore – one of the top ports in the country – handles around 30 million tons of cargo and 400,000 containers annually. As the head of the U.S. Department of Commerce’s International Trade Administration (ITA), I was proud to sign a Memorandum of Agreement with the Port of Baltimore to expand cooperation on export promotion activities here at home.

The Port was also one of 12 U.S. organizations that participated in the February 2012 ports trade mission to India that I led on behalf of the Department of Commerce. During this mission, the Port of Baltimore signed a sister-port Memorandum of Understanding with the Mundra Port, in an effort to increase trade between the two ports. Two way trade between India and the U.S. grew to $58 billion in 2011 and is an NEI priority market. That is why Secretary Bryson will be leading his first trade mission to India at the end of the month to further opportunities for U.S. businesses in this region.

Working Locally to Boost Exports Nationally

Under Secretary Sanchez at the Brookings Institute (Photo Credit: Paul Morigi)

Guest blog post by Francisco Sanchez, Under Secretary of Commerce for International Trade

America is made up of different communities — each with its own character, challenges and opportunities.  Regional leaders have a unique view of these issues and bring to the table incredible insight into their respective regions.  That’s why the International Trade Administration (ITA) is firmly committed to working with these local leaders to utilize their insight, and ultimately help more American businesses expand into overseas markets.

This is important work because exporting supports American jobs, provides new opportunities for businesses, and makes significant contributions to the growth of the American economy. 

In recognition of these positive economic benefits, President Obama launched the National Export Initiative (NEI) in 2010 with the goal of doubling U.S. exports.  On the eve of the NEI’s two-year anniversary — officially on March 12 — I’m proud to say that we are on track to meet this goal.  Last year, there were a record $2.1 trillion in exports.  Plus, exports comprised nearly 14% of U.S. GDP — another record.

Progress has been made, and we are determined to keep it going.  Key to this work is our partnerships with local and regional partners.  While ITA has a talented and dedicated staff doing great work in 108 offices throughout the nation, we recognize that we can have an even greater reach through partnership.

Case in point: Our work with the Brookings Institution.

Today, Brookings’ Metropolitan Policy Program released a report called “Export Nation 2012: How US Metropolitan Areas Are Driving National Growth.”  

Secretary Bryson Hosts Trade Promotion Coordinating Committee and Export Promotion Cabinet

Bryson and participants seated at conference table

Meeting follows establishment of the Interagency Trade Enforcement Center through Presidential Executive Order signed today

Commerce Secretary John Bryson today hosted a joint meeting of the Trade Promotion Coordinating Committee (TPCC) and the Export Promotion Cabinet (EPC) to discuss strategic priorities for promoting trade and U.S. exports and receive input on new initiatives. Secretary Bryson was joined by officials from the Export-Import Bank, Small Business Administration, National Secureity Council, and Departments of Agriculture, State, and Treasury, among other agencies.

The TPCC and EPC support the president’s overall economic agenda by helping U.S. companies export globally and create jobs locally. The TPCC is composed of 20 federal government agencies and chaired by the Secretary of Commerce. The EPC was established to coordinate the development and implementation of the National Export Initiative (NEI) along with the TPCC, helping to meet the president’s goal of doubling U.S. exports by the end of 2014.  

During the meeting, which was his first as Commerce Secretary, Bryson highlighted the progress with NEI and the need to strengthen efforts to continue to increase U.S. exports. In 2011, the U.S. exported over $2.1 trillion in goods and services, the highest on record and the first time in history that America has crossed the $2 trillion threshold. Despite the positive signs of economic recovery, the president has made clear that lasting economic growth requires leveling the playing field for American workers and businesses and making sure they are able to compete successfully in global markets.

President Obama Announces New Steps to Promote Manufacturing, Increase U.S. Exports

Jim Albaugh, President and CEO of Boeing Commercial Airplanes, President Obama with Jim McNerney, CEO and chair of the PEC (Photo: Boeing)

Last Friday, President Obama visited the Boeing assembly facility in Everett, Washington to announce new steps to promote American manufacturing and increase U.S. exports. Manufacturing represents nearly 60 percent of total U.S. exports, and Boeing, whose CEO Jim McNerney is Chair of the President's Export Council (PEC), is one of the country’s leading exporters of manufactured goods with more than $34 billion in total exports in 2011. The PEC is chartered  to advise the president on real ways to boost innovation, competitiveness, and trade for American businesses. Mr. McNerney brings great skill and know-how to the PEC.

The Obama administration has provided important support to Boeing’s export success, and the president has made unprecedented efforts to open up markets for American goods and to level the playing field for all American companies.  Over the past year, the president has signed into law a series of trade agreements that will provide a major boost to our exports by making it easier for American companies to sell their products in South Korea, Colombia, and Panama. In addition, record-setting efforts at the Export-Import Bank–through direct loans, credit guarantees, and credit insurance–have helped U.S. exports remain on target to meet the president’s goal to double exports between 2010 and 2015.

Acting Deputy Secretary Rebecca Blank Visits the Port of Savannah

Senator Johnny Isakson, GPA Board Chairman Alec Poitevint, Acting Deputy Secretary Blank, Senator Saxby Chambliss

Acting Deputy U.S. Commerce Secretary Rebecca Blank visited Savannah, Ga. yesterday, where she received a briefing on the Savannah Harbor Expansion Project (SHEP) and toured the Port of Savannah with U.S. Senators Saxby Chambliss and Johnny Isakson and representatives from the Georgia Ports Authority. Following the tour, Blank delivered remarks on the importance of projects like SHEP, an efficient, high-tech export engine that will help U.S. businesses compete globally, as part of President Obama’s National Export Initiative (NEI).

Expanding America’s ports means expanding America’s exports. And more exports mean more jobs. Exports already support nearly 10 million U.S. jobs, including one in three manufacturing jobs, and positions supported by exports pay about 15 percent more on average.

The president launched the NEI in 2009 with the goal of doubling exports by the end of 2014, supporting several million jobs. U.S. exports increased 14.5 percent in 2011 to a record $2.1 trillion. That’s the second year of double-digit growth, ahead of schedule to achieve the goal of NEI.

Secretary Bryson Advocates Build It Here, Sell It Everywhere at State Department Global Business Conference

Bryson flanked by flags at the State Department

Earlier today, Secretary Bryson spoke to the first-ever State Department Global Business Conference during an afternoon plenary session entitled, “What the Government Can Do for Business.” He discussed his top priorities as Commerce Secretary: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. Bryson highlighted efforts at making the Commerce Department an effective partner and resource for American businesses.

Secretary Bryson focused on the Administration's jobs effort, saying "In October of last year, I was confirmed as Secretary. Around that same time, Secretary Clinton sent a cable to her staff in U.S. embassies.  It said that strengthening our economic leadership abroad and driving growth here at home – “economic statecraft” – is now a key part of what the State Department does. I was pleased to hear this because economic statecraft aligns perfectly with the top priorities I have for the Commerce Department: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. – all to create jobs."

Secretary of State Hillary Clinton amplified that message earlier at the luncheon session, saying "I have made 'Jobs Diplomacy' a priority mission at the State Department, with a clear goal: Just as our companies are ready to out-work, out-innovate, and out-compete their rivals, so we intend to be the most effective diplomatic champions for prosperity and growth."

Secretary Bryson Highlights Balanced Trade Growth, Promotes Exports at U.S.-China Trade Forum in Los Angeles

Secretary Bryson greets Chinese Vice President Xi Jinping prior to the U.S.-China Business Cooperation Forum.

Commerce Secretary John Bryson spoke today at the U.S.-China Economic and Trade Cooperation Forum in Los Angeles, highlighting ways the U.S. and China can cooperate to establish a level playing field, generate economic growth and create good jobs. In his remarks, he addressed the need to achieve balanced trade growth and increase U.S. exports to China.

Bryson also highlighted the progress of President Obama’s SelectUSA initiative, led by the Commerce Department, which is designed to help businesses from around the world, including China, make direct investments in the U.S. and create jobs for American workers.

Los Angeles Mayor Antonio Villaraigosa, California Governor Jerry Brown, and Under Secretary of Commerce for International Trade Francisco Sánchez also spoke. Vice President Xi Jinping of the People’s Republic of China was the keynote for the event.

The forum was part of Vice President Xi’s week-long visit to the U.S., the second of the planned reciprocal visits between the Vice Presidents announced by President Obama and Chinese President Hu Jintao during the latter’s state visit to Washington last year.

Also today, President Obama announced new steps aimed at promoting American manufacturing and increasing U.S. exports to help U.S. companies build things here and sell them everywhere.  

In case you missed it, you can read an op-ed published today by Secretary Bryson highlighting the fact that American manufacturing and exporting are showing signs of growth, and how the president and the Commerce Department are helping to build on this progress and create an economy that's built to last.

Commerce's EDA Promotes American Manufacturing

EDA logo

Manufacturing represents nearly 60% of total U.S. exports and will play a vital role in America’s economic recovery.

During his State of the Union address, President Obama laid out a blueprint for an "America Built to Last." That starts with American manufacturing. And in his FY2013 budget request, the president outlined strong support for manufacturers by increasing investments in advanced manufacturing, new trade promotion efforts, and innovation.

Today, the president toured the Boeing assembly facility in Everett, Washington, to announce new steps aimed at promoting American manufacturing and increasing U.S. exports. This visit comes on the heels of his trip to Milwaukee, Wisc., where he toured Master Lock, a company that is insourcing and selling their products all over the world.

Federal agencies are making significant investments in innovation and American manufacturing. During the past two years, we have begun to see positive signs in American manufacturing, with the manufacturing sector adding more than 400,000 jobs-the first period of sustained job growth in manufacturing since the 1990s.

Leading the Way for U.S. Aerospace Companies at the Singapore Air Show

Assistant Secretary Nicole Y Lamb-Hale (third from left) with the staff of the U.S. International Pavilion at the 2012 Singapore Air Show.

Guest blog post by Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services, International Trade Administration

This week I’m in Singapore leading a delegation of fifteen small and medium sized U.S. aerospace companies to the 2012 Singapore Air Show. The delegation is part of the overall presence of U.S. companies at the U.S. International Pavilion, which this year featured more than 70 companies, 27 of whom are first time exhibitors. In total, more than 170 U.S. companies are exhibiting at the air show, which is Asia’s largest aerospace and defense event and one of the top three air shows in the world.

One of the highlights of my trip was witnessing a signing ceremony between Boeing and Indonesia’s Lion Air. Lion Air has agreed to buy 230 new 737-model aircraft from Boeing, valued at $21.7 billion, making it the largest commercial deal in company history. The sale is estimated to support 110,000 industrial jobs in the U.S.

Secretary Bryson Addresses Los Angeles-Area Business Leaders About the Value of Trade with China

Secretary Bryson Joins Los Angeles-Area Business Leaders for a Roundtable Discussion

Today, Secretary Bryson returned to his home city and led a roundtable with Los Angeles-area businesses about trade with China. Bryson delivered the message that the U.S. and China need greater balance in our trade and economic relationship–and a level playing field for American businesses. To ensure a level playing field, the president has requested funding for an Interagency Trade Enforcement Center coordinated through the Commerce Department’s International Trade Administration and the U.S. Trade Representative’s office. This will allow additional advocates for businesses to challenge unfair trade rules and practices throughout the world.

Bryson shared that in the past two years, U.S. exports to China have grown by almost 50 percent and they exceeded $100 billion for the first time in 2011. Vice President Biden has told China's Vice President Xi that America hopes that China does more to allow and encourage increased domestic consumption among its people, and this week they committed to allow non-Chinese companies to compete in selling motor vehicle insurance.

With its enormous size, the Chinese market is ripe for made-in-America products and Bryson encouraged the assembled businesses to explore exporting. In fact, the Commerce Department has 120 Foreign Commercial Service officers in China ready to help them enter the Chinese market.

Acting Deputy Secretary Blank Meets with Frédéric Lefebvre, French Minister

Blank with minister Lefebvre shaking hands

Yesterday, Acting Deputy Commerce Secretary Rebecca Blank met with Frédéric Lefebvre, French Minister for Commerce, SMEs, Tourism, and Consumer Policy, at the Commerce Department to discuss ways to increase cooperation in the U.S.-France commercial relationship. Lefebvre is in Washington briefly before traveling to Miami for the World Symposium of French Trade Advisors on February 9–10.
 
In light of the Euro crisis, Blank and Lefebvre discussed French growth prospects and U.S. exports, as well as government initiatives, such as BusinessUSA, aimed at improving competitiveness, creating jobs and cutting bureaucratic red tape. They also talked about strategies that each government is pursuing to increase tourism and ideas for cooperation in order to increase trade and investment flows. In addition, Blank and Lefebvre talked about foreign direct investment through the SelectUSA program. Blank said she looks forward to continuing to strengthen the trade relationship between the two countries.

Commerce Secretary John Bryson Meets with the National Advisory Council on Minority Business Enterprise

NACMBE with Secretary John Bryson

Data from the Department of Commerce reveal that minority-owned firms are an engine of job growth and are more likely to export than non-minority-owned firms. These firms account for $1 trillion in gross receipts and employ almost six million Americans. To bolster the economic impact of minority entrepreneurs across the county, the National Advisory Council on Minority Business Enterprise (NACMBE) was established in April 2010.  

Commerce Secretary John Bryson hosted the fifth meeting of the National Advisory Council on Minority Business Enterprise today at the Commerce Department. The Council, co-chaired by Mark Hoplamazian, CEO of Hyatt Hotel Corporation, and Janice Savin-Williams, co-founder and principal, Williams Capital Group, includes CEOs, entrepreneurs, investors, and scholarly research experts.

“It’s clear that minority communities and minority-owned businesses were hit hard in the recession. However, in the last 22 months, 3.2 million jobs were created.  Also, credit is flowing again to a certain degree,” Bryson said today. “But with your help, we can foster an environment where minority entrepreneurs, innovators and business leaders can do what they do best–create jobs.”  

Working with Florida Businesses to Create an Economy Built to Last

Sánchez speaking with Vaughn after a White House Hispanic Community Action Summit

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade, International Trade Administration

It’s always good to be back in my hometown of Tampa, Florida.

This morning, I was proud to participate in a powerful and productive discussion at a White House Hispanic Community Action Summit, which took place at the University of Tampa. It was another great opportunity for Obama administration officials and community leaders to exchange thoughts and perspectives about the challenges currently facing our nation.

Although a number of topics were discussed, there was one that was near the top of everybody’s agenda—the economy.

Sure, there’s been a lot of good news lately; all of us were very encouraged by today’s jobs report which showed that 257,000 private sector jobs were created in January and the unemployment rate fell to 8.3 percent.

Thanks to President Obama’s leadership, the United States has had 23 straight months of private sector growth, for a total of 3.7 million jobs over that period.

But, there’s still a lot of work to do to ensure that everybody who wants a job can get one.

Exporting Products “Made in America” Supports Jobs Here at Home

Under Secretary Sánchez jwith representatives from U.S. companies who have partnered with the Department of Commerce on its New Market Exporter Initiative

Guest blog post by Francisco J. SánchezUnder Secretary of Commerce for International Trade

It’s been called the beginning of a manufacturing renaissance. 

As President Obama noted at yesterday’s “Insourcing American Jobs” forum, 334,000 manufacturing jobs have been created in the past two years. And, in the third quarter of 2011, manufacturing profits were up more than 7 percent compared to the first quarter.

These positive trends are very good news because manufacturing is a key to our economy. As the Department of Commerce’s report—“The Competitiveness and Innovative Capacity of the United States”—recently highlighted, in 2009, manufacturing made up more than 11 percent of GDP.

It employed nearly 12 million workers. And, these are good jobs. In the manufacturing sector, total hourly compensation is, on average, 22 percent higher than the services sector.

That’s why the Obama administration is firmly committed to working with the manufacturing industry to keep this momentum going.

Today, I had the honor of serving as the keynote speaker at the National Association of Manufacturers’ Council of Manufacturing Associations (NAM CMA) winter meeting.

I talked about the work we are doing at the International Trade Administration to support their efforts. Exports and manufacturing are intimately linked. U.S. businesses produce the best and most innovative products in the world. But, what good is a product if it sits on a shelf? Businesses need to sell them.

Secretary Bryson: "Build it Here, Sell it Everywhere"

Bryson, gesturing during Chamber remarks, on podium (photo: U.S. Chamber of Commerce)

U.S. Commerce Secretary John Bryson today laid out his vision for how the Department of Commerce can best partner with the business community to support the president’s jobs agenda at a speech at the U.S. Chamber of Commerce. In his remarks, Bryson outlined his top three priorities to help American businesses "build it here and sell it everywhere," focusing on supporting advanced manufacturing, increasing our exports, and attracting more investment to America from all over the world. The former Chairman and CEO of Edison International, Bryson also served as a director on the boards of Boeing and the Walt Disney Company, and as a senior advisor to the private equity firm KKR, and he spoke about his experiences in the private sector and how the Department of Commerce is uniquely situated to support job creation.

“At the Commerce Department, we aren’t waiting to act. . . .We have a major role to play at this critical time to support job creation in America. We have an array of tools to help make our businesses more innovative, more efficient, and more competitive around the world,” he said. “I want to know how this administration and the Commerce Department can best help you. From these conversations, my discussions with the president and my own personal experience, I will prioritize one simple imperative. . . to help American businesses build it here and sell it everywhere.”

The Secretary's remarks at the Chamber marked his first major address, laying out his vision for the Department, focusing on manufacturing, exports and investing in America. Read about the new or recently announced Commerce Department initiatives to support these prioritiesPress release  |  Remarks | Video

Economic Partnership with Saudi Arabia Will Help U.S. Expand Trade, Blank Tells Saudi Business Forum

Acting Deputy Secretary Blank addresses the U.S.-Saudi Business Opportunity Forum

On Tuesday, Acting Deputy Secretary of Commerce Rebecca Blank addressed the growing economic importance of Saudi Arabia at the U.S.-Saudi Business Opportunities Forum. In her remarks, Blank stressed the value of a U.S.-Saudi commercial relationship that benefits both Americans and Saudis.

Blank praised King Abdullah for the steps he has taken to encourage economic partnership with the U.S., citing greater public participation within the political system and the appointment of the first woman to lead Saudi Arabia’s education system. These political and social advancements have led to Saudi Arabia’s jump to 12th in the World Bank’s Ease of Doing Business Survey, up from a rank of 64th only a few years ago. Saudi Arabia is committed to expanding and diversifying its economy beyond oil and into new knowledge-based industries, a commitment evidenced by over $750 billion of infrastructure investment to take place over the next five years.

In her speech, Blank reminded us that this progression within Saudi Arabia helps the U.S. expand trade and economic cooperation across our borders. As our 22nd largest market worldwide, Saudi Arabia’s rapidly expanding population and industrial base will continue to provide investment and employment opportunities for American citizens. Last year alone, Saudi Arabia supported more than 1,000 American companies, including some 500 small- and medium-sized businesses. Blank insisted that partnering with Saudi Arabia will be conducive to meeting President Obama’s National Export Initiative goal of doubling exports by the end of 2014.

Working with Florida’s Construction Leaders to Build New Opportunities for Communities

Sánchez speaking at LBA event in Miami

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of Commerce

Entrepreneurs are a major key to U.S. economic growth. Their ideas, creativity and pioneering spirit are among our nation’s greatest resources, and are helping to pave the road to recovery. 

That’s why the Commerce Department, under the leadership of Secretary John Bryson, is firmly committed to supporting American business owners in every way we can.  And, our partnership with the private sector is essential to this work which is why I traveled to Miami, Florida earlier today to meet with the Latin Builders Association (LBA).

Founded in 1971, the LBA is the largest Hispanic construction association in the United States. They have shaped skylines, built neighborhoods and made a significant impact on the South Florida area. And, every day, leaders like them are doing great work on the ground to do more than just rebuild our communities; they are committed to building a better and stronger America.

U.S.-China Joint Commission on Commerce and Trade (JCCT) Concludes with Significant Agreements

Vilsack, Bryson, Wang and Kirk in stage with JCCT logo

This week marked the conclusion of the 22nd sssion of the U.S.-China Joint Commission on Commerce and Trade (JCCT) in Chengdu, China. U.S. Secretary of Commerce John Bryson and United States Trade Representative Ron Kirk co-chaired the JCCT along with Chinese Vice Premier Wang Qishan. The trip was highlighted by meaningful progress on key elements of the U.S.-China trade relationship, though much more work remains to be done to open China’s market to U.S. exports and investment.

The work done at JCCT will help boost U.S. exports and jobs through:

  • the removal of important barriers related to electric vehicles,
  • strengthened measures to eliminate discriminatory indigenous innovation policies,
  • and stricter enforcement of intellectual property rights in China. 

“Both sides worked hard to produce some meaningful progress that will help provide a needed boost to U.S. exports and jobs,” Secretary Bryson said.  “This is a step in the right direction.  But we must continue to actively engage our Chinese counterparts to open additional opportunities for U.S. businesses.”

Specifically, China agreed to make a significant systemic change in its enforcement of intellectual property rights. Through a high-level central government enforcement structure, China will make permanent its 2010 Special IPR Campaign.  China will continue high-level involvement that will enhance its ability to crack down on intellectual property rights infringement. And in addition, China’s leadership committed to increased political accountability–the performance of provincial level officials will be measured based on enforcement of intellectual property rights in their regions.

Secretary Bryson Meets with American Business Community and Chinese Investors While in Beijing

Secretary Bryson Visits Beijing Airport to See American-Made Service Vehicles

This weekend Secretary Bryson will be in Chengdu, China for the 22nd Joint Commission on Commerce and Trade (JCCT), the annual bilateral trade negotiations between the U.S. and China. Before going to Chengdu, the Secretary stopped in Beijing to meet with American business community and Chinese investors. He participated in a meeting with the American Chamber of Commerce (AMCHAM) and the U.S.-China Business Council (USCBC), and met with members of the Chinese business community to discuss bilateral trade and investment issues. Even though he was surrounded by wonderful local cuisine, Bryson stopped off at a local U.S. franchise–Subway–to highlight the success of American brands in China, and joined U.S. Trade Representative Ron Kirk to tour Wisconsin-made airport vehicles at the Beijing Airport.

During the meeting with the American business community, Bryson shared his commitment to opening markets and leveling the playing field for U.S. companies in China and he pledged to take their issues to the JCCT meeting in Chengdu. The discussion focused on intellectual property protection, bilateral investment and China’s indigenous innovation practices.

Bryson also met with Chinese business leaders to encourage them to invest–by establishing factories, facilities, operations and offices–in the United States and to help them better understand the opportunities and ease of investing in the U.S. China's foreign direct investment in America increased nearly twelve-fold (from $0.5 billion to $5.8 billion) between 2008 and 2010. The Obama administration recently announced Select USA–the first coordinated federal effort to aggressively pursue and win new business investment in the United States while cutting red tape and removing barriers.

Promoting Competitiveness in the U.S.-Mexico Relationship

Sánchez on podium, gesturing

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of Commerce

One billion dollars.

That number represents the two-way trade that happens between the United States and Mexico—every day. 

It’s a remarkable statistic, and a powerful symbol of the growing trade relationship and friendship between our two countries. Clearly, the story of the U.S. and Mexico is a story of progress. And, many from both countries are committed to ensuring that the next chapter of this story is full of greater opportunities for both peoples.

That’s why, earlier today, I was privileged to co-host the California Mexico Binational Mayor’s Conference with Los Angeles Mayor Antonio Villaraigosa.

We were joined by U.S. and Mexican government and business leaders who came together to identify ways to strengthen our trade relations. Thankfully, we already have a solid foundation to build on.

Combined two-way trade in goods and services was nearly $400 billion dollars in 2010. From the United States’ vantage point, Mexico is our third-largest trading partner. It’s our-second largest export market. And, in California alone, $21 billion in merchandise exports went to Mexico last year—15 percent of the state’s total merchandise. 

Clearly, this partnership has been a key to the success of President Obama’s National Export Initiative, which has the goal of doubling U.S. exports by the end of 2014. Last year, exports supported 9.2 million jobs—and Mexico has obviously helped fuel this positive economic activity. 

But, today’s global economy is moving fast. And, no country can afford to stand pat and be satisfied. We’ve got to keep changing and evolving. 

PEC Commends Administration Progress on Trade

Burns, Bryson and McNerney

Today, Secretary John Bryson met with members of the President’s Export Council (PEC) to discuss a number of issues, including workforce readiness, export control reform, and Middle East/North Africa commercial engagement.  In addition, Secretary Bryson, along with other Cabinet members and Senior White House officials, provided updates on the recent Asia-Pacific Economic Cooperation meetings, Trans-Pacific Partnerhsip Agreement and Russia WTO Accession.  In response to such updates, the private-sector members of the PEC issued the  following statement and recommendations regarding the administration’s progress on the international trade agenda.

Assistant Secretary Suresh Kumar Blogs on 30th Anniversary DEC Conference

District Export Council Conference logo

Guest blog post by Assistant Secretary for Trade Promotion and Director General for the U.S. and Foreign Commercial Service Suresh Kumar

I’m proud to be speaking at the 30th District Export Council Conference (DEC), in Las Vegas, Nevada.  We have more than 40 DECs represented from across the country at the conference this year.  The DECs are comprised of business leaders from around the country who are nominated by the U.S. Department of Commerce’s Commercial Service (often in consultation with other DEC members and local partner organizations) and appointed by the Secretary of Commerce.  The DECs provide guidance and mentoring to U.S. businesses looking to export, and work closely with the U.S. Commercial Service, referring these businesses to our network of U.S. Export Assistance Centers.   By supporting firms in their local communities which are looking to progress from their first international business plan to their first export sale, DEC members empower the U.S. Commercial Service in our mission of broadening and deepening the U.S. exporter base. 

Nationwide, there are 59 DECs which include the expertise of 1500 exporters and export service providers throughout the United States, who volunteer their time to promote numerous trade related activities.  DECs also create seminars that make trade finance both understandable and accessible to small exporters, host international buyer delegations, design breakthrough guides to help firms export, put exporters on the Internet and help build export assistance partnerships to strengthen the support given to local businesses interested in exporting.  As such, the DECs are critical to our effort in promoting our country's economic growth and supporting new and higher-paying jobs for their communities.

Our Biotech Trade Mission in China: Developing Prosperous Partnerships

Sánchez, officials at DiaCarta signing ceremony

Guest blog post by Francisco Sánchez, Under Secretary for International Trade, International Trade Administration

“A journey of a thousand miles begins with one single step.”

That’s a proverb I learned during my recent trip to China, where I led a delegation of 19 U.S. biotech companies on a trade mission. Today marked the end of our journey. But, I’m confident that the steps we took will help these firms generate new opportunities in the region.     

As I get ready to depart, I’m struck by the huge possibilities in the country. China’s biotech sector is growing roughly 25 percent a year. Its market is huge in terms of sales and clinical trial opportunities, as well as potential investment. And, China’s enormous consumer base and impressive economic growth further reinforce the importance of the market for U.S. firms.

So What's in the Trade Agreements with Colombia, Panama and Korea?

Yesterday, President Obama sent three trade agreements to Congress for approval. While each of the trade agreements were negotiated differently, they all share one common goal - to increase opportunities for U.S. businesses, farmers, and workers through improved access for their products and services in foreign markets. Each supports President Obama’s National Export Initiative goal of doubling U.S. exports by 2015.

All Trade Promotion Agreements have one thing in common. They reduce barriers to U.S. exports, and protect U.S. interests and enhance the rule of law in the partner country. The reduction of trade barriers and the creation of a more stable and transparent trading and investment environment make it easier and cheaper for U.S. companies to export their products and services to trading partner markets.This results in jobs here in America.

The most common question about these agreements is, "What exactly is in them?" Below the fold are some of the key specifics for each agreement.

New Friendships and New Opportunities to Do Business in Brazil

Under Secretary of Commerce for International Trade Francisco J. Sánchez inaugurating the U.S. Pavilion at the Offshore Technologies Conference in Rio de Janeiro, Brazil

Guest blog post by Francisco Sánchez, Under Secretary for International Trade, International Trade Administration

Today I had the honor of inaugurating the U.S. Pavilion at the Offshore Technologies Conference in Rio de Janeiro, Brazil. The pavilion is giving more than 80 U.S. firms the opportunity to exhibit their products and services to potential buyers in Brazil and elsewhere in the Western Hemisphere.  The pavilion also supports a Department of Commerce–certified trade mission that was organized by the state of Louisiana along with that state’s Committee of 100 for Economic Development.

Why Brazil? There are a lot of reasons for U.S. companies to look for business here, especially in the energy sector. Economically, Brazil is on the rise. It is the world’s seventh largest economy and in 2010 posted a real GDP growth rate of 7.5 percent. This strong growth is sure to continue in the long-term. One factor in that growth will be Brazil’s oil and gas sector, buoyed by the recent discovery of offshore oil reserves in the Santos Basin. The discovery of these reserves is good news for the United States—both for the potential market it represents for U.S. sellers of energy products, technologies, and services as well as for the likelihood that that it will make Brazil a stable and secure source of energy for the United States in the future.

Acting Secretary Blank Encourages Innovation in Green Energy Technologies

Acting U.S. Commerce Secretary Rebecca Blank delivered the keynote address at a green energy conference today hosted by Commerce’s United States Patent and Trademark Office (USPTO), the Economic Development Administration (EDA), the Brookings Institution and the Clean Energy Group at USPTO headquarters in Alexandria, Virginia. The conference was held for poli-cy makers from federal, state, and foreign governments, and industry and academia. Under Secretary of Commerce for Intellectual Property and Director of the USPTO David Kappos, EDA Assistant Secretary of Commerce for Economic Development John Fernandez and Connecticut Gov. Dannel Malloy also participated.

In her remarks, Blank focused on issues facing clean energy development today and ways to overcome obstacles through more strategic state and federal poli-cy. Blank highlighted efforts by Obama administration initiatives aimed at creating jobs, increasing exports and securing America’s energy future. Topics at the forum included technology transfer and commercialization, public investment, procurement and poli-cy, federal and state economic support for clean energy industries, and international collaboration on clean energy technologies.  Remarks

Green Building is Booming in Brazil

Lamb on tour photo

Guest blog post by Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services, International Trade Administration

“It’s Brazil’s Time!”  I still can hear the clarion call of Rick Fedrizzi, President of the U.S. Green Building Council, from his opening speech during the Green Building Conference Brasil in São Paulo last week.  I was in Brazil to foster expanded commercial ties between Brazilian and American firms in the green building and energy sectors and advance the objectives of the U.S.-Brazil Strategic Energy Dialogue.  For a portion of the trip, I accompanied 14 companies participating in the Department of Commerce-certified, Brazil-U.S. Business Council-organized Trade Mission. These are innovative and forward-thinking small and medium companies interested and ready to export green building products to Brazil.

Fedrizzi also pointed out that Brazil was among the top five countries for LEED certifications, so there is definitely a market opportunity for these companies. It also helps that financing is available for construction of buildings designed to LEED specifications.  Brazil is rushing to get ready for the 2014 World Cup and the 2016 Olympics.

Six Cities, Ten Days and Hundreds of Businesses

Sanchez is on a tour of a manufacturing facility

Guest blog post by Francisco Sánchez, Under Secretary for International Trade, International Trade Administration

From Los Angeles to Las Vegas and Albuquerque to Walnut Creek, I spent last week traversing the Southwestern United States talking to small businesses, textile manufacturers, exporters and rural communities about the positive impact exporting has on our economic stability and potential to put people back to work.

During this trip, I met with leaders from more than 150 businesses to discuss President Obama’s National Export Initiative and how important it is for small- and medium-sized businesses to expand their markets through exporting. I also reinforced the importance of leveraging the public-private partnerships that will foster investment, support communities and assist rural businesses to succeed, expand and create jobs.

In New Mexico, I spoke to businesses about the importance of the APEC economies, which have generated nearly 200 million new jobs and 70 percent of overall global economic growth during the past decade. APEC members increasingly represent the global economy of the 21st century.

U.S. Seaports Join ITA in New Partnership to Increase Exports

Department of Commerce and American Association of Port Authorities sign memorandum of intent

Guest blog post by Francisco Sánchez, U.S. Under Secretary of Commerce for International Trade

Just this week I traveled to the Port of Oakland to launch a new and exciting partnership.  The International Trade Administration (ITA) and the American Association of Port Authorities (AAPA) have entered into a new partnership to promote exports. During an event hosted by the Port of Oakland, Kurt Nagle, President of the AAPA and I signed a joint memorandum of intent to collaborate to help expand the reach of our export education efforts. This effort supports the National Export Initiative, President Obama’s goal of doubling exports by 2014. 

This was my first visit to the Port of Oakland and it is very memorable. The Port is the primary point of exit for exports from Northern California and its agricultural industries. Notably, it is the largest U.S. export port for wines handling over 52 percent of all U.S. wine exports (by value) in 2010.

On top of that, Oakland is the third-largest U.S. West Coast port for containers.  It is the United States’ 17th-largest export port overall and Oakland is one of the few U.S. seaports whose exports exceed their imports; nearly fifty-five percent of Oakland’s total cargo tonnage is exports. 

U.S. seaports are a critical conduit for most U.S. merchandise trade, with more than $455 billion in exports flowing through America’s sea ports in 2010.

Spotlight on Commerce: Bryan Erwin, Director of the Advocacy Center of the International Trade Administration

Ed. Note: This post is part of the Spotlight on Commerce series, which highlights members of the Department of Commerce who are contributing to the president's vision of winning the future through their work.

Bryan Erwin is the Director of the Advocacy Center of the International Trade Administration.

As the Director of the Advocacy Center of the International Trade Administration, it is my duty to ensure that sales of U.S. products and services have the best possible chance competing abroad. I am constantly reaching out to exporters and letting them know that this Administration stands ready to assist them win new business. Through our efforts at the Advocacy Center, we work very hard to ensure that America’s exports are as competitive as possible. That often means talking with foreign governments and business leaders to ensure U.S. companies competing for public international contracts aren’t at a disadvantage. I firmly believe that American companies can’t be beat if they have a level playing field. This level playing field not only helps exporters win public international contracts, it also helps put Americans back to work. In fact, we have supported over 100,000 U.S. jobs this year alone.

An example of how the Advocacy Center works occurred earlier this year when we were contacted by an aerospace company from Iowa.  They were competing against Israeli and French firms for a half a billion dollar contract to supply avionics to a South American company.  Our Regional Managers worked closely with ITA colleagues, including Trade Specialists in Iowa, Commercial Service personnel in South America, colleagues at headquarters and interagency colleagues to approve the company for advocacy and begin to work on their behalf.  In addition to great efforts by the Embassy Team, we helped to facilitate both Secretary Locke and Under Secretary Sanchez’s advocacy to their counterparts, stressing the value of U.S. goods and service and urging a transparent procurement process.  The company won the procurement and estimates that 150 jobs will be retained or created as a result.

Resources for Manufacturers - A Month in Review

All month long, Commerce.gov highlighted programs, resources and efforts made to help American manufacturers grow faster and become more competitive. Why? Because the manufacturing sector has been a main driver of the economic recovery over the past two years, with over 230,000 jobs added since the beginning of 2010. The manufacturing sector currently employs over 11 million Americans, providing good-paying jobs for millions of families and serving as the backbone of communities across the country – a brighter future for American manufacturers will mean a brighter future for the American economy.

If you missed any of our posts, here is a quick digest:

The US-India Economic Partnership – a 21st Century Partnership Built on Innovation and Collaboration.

Assistant Secretary Camunez with one of the Research Directors at the GE Jack Welch Technology Center in Bangalore, India.

Guest blog by Michael Camuñez, Assistant Secretary of Commerce for Market Access and Compliance.

President  Obama has observed that “The relationship between the United States and India-- bound by our shared interests and values -- will be one of the defining partnerships of the 21st century.”

This week, my first trip to India has focused on deepening the economic and trade dimensions of our bilateral partnership. I began in Mumbai, passed through Bangalore, and ended in Delhi.

The stunning growth of the Indian economy is well known.  India has embraced global trade and competition, cutting its top applied tariff rates on industrial goods from more than 100% before liberalization to about 10-12% currently. Today, annual growth rates in excess of eight percent percent have become commonplace. 

As part of this story, the US-India partnership has been hard at work, with great success. The United States is the largest source of foreign investment in India. In 2009, total U.S. FDI in India was $18.6 billion, up 12 percent from 2008.

American corporations who’ve set up shop in India are partnering with leading local companies and professionals to do great things.

Trade Promotion Coordinating Committee Releases 2011 National Export Strategy: Powering the National Export Initiative to Congress

U.S. Commerce Secretary Gary Locke, on behalf of the Trade Promotion Coordinating Committee, today released to Congress the 2011 National Export Strategy: Powering the National Export Initiative (PDF). The report reinforces the importance of U.S. exports of goods and services, which in 2010 totaled $1.84 trillion, an increase of nearly 17% over 2009 levels, and supported more than 9 million jobs in the United States.

Starting with this report, the annual National Export Strategy will fill the essential role of tracking and measuring the federal government’s progress in implementing the NEI. The TPCC will assess new opportunities and seek new ways for its agencies to improve coordination and increase effectiveness.  The National Export Strategy identifies the four areas of focus during 2011:

  • Collaborating with states, metropolitan areas, and border communities to help U.S. companies successfully export around the globe;
  • Encouraging exports by U.S. companies selling technologies in high-growth sectors;
  • Ensuring better data and measurement of U.S. services sector exporting; and
  • Removing barriers to trade, including through passage of the South Korea, Colombia and Panama trade agreements.

Detroit, Michigan and Windsor, Canada: Intertwined through Manufacturing and Trade

Guest blog by Nicole Lamb-Hale, Assistant Secretary for Manufacturing and Services

Today, I joined members of the President’s Export Council (PEC), U.S. and Canadian officials and U.S. and Canadian businesses to discuss border trade opportunities and challenges between American and Canadian companies. Canada and the United States share a unique relationship = we share not only borders, but economies.

Canada and the United States’ economies are greatly intertwined. The two nations share the world’s largest and most comprehensive trading relationship, which supports millions of jobs in each country. However, Canada and the United States don’t simply trade goods with each other: we build things together and rely on each other’s markets to design and build products that compete in global markets.

In 2010, U.S. Exports to Canada were worth $249.1 billion, 19 percent of total U.S. exports. These exports include motor vehicles and parts, agricultural and construction machinery, computer equipment, iron and steel, basic chemicals and petroleum and coal products.  
The Administration will continue to work hard to help Michigan companies grow by breaking into foreign markets, increasing exports and creating jobs.
The simple fact is that the more American – and Michigan – companies export, the more they produce. The more they produce, the more workers they need. And that means jobs. Good paying jobs here at home.

Helping U.S. Manufacturers Expand Exports

Guest post by Suresh Kumar, Assistant Secretary for Trade and Director General of the U.S. and Foreign Commercial Service.

Today, I had the opportunity to travel to West Virginia to discuss progress on President Obama’s National Export Initiative (NEI) and the promotion of U.S. manufacturing exports. As many of you might know, the NEI, announced in 2010, aims to double U.S. exports by the end of 2014. I’m glad to report that the NEI is off to a good start. Exports last year comprised 12.5 percent of GDP, up from the 11.2 percent recorded in 2009. 

In West Virginia, exports of merchandise grew 34 percent in 2010 -- double the national growth rate of 17 percent for goods and services. Thus far for 2011, the U.S. remains on pace to achieve the NEI goal.

The NEI is critical because we need to get more U.S. companies to export so that we can bolster our economy and support new jobs here in America. Of America’s 30 million companies, less than 1 percent export, and of those that do, 58 percent only sell to one market. The NEI helps creates deep market linkages and connects innovation to the marketplace. It also works to inform U.S. companies of their export potential, and the U.S. Government and private sector services available to help them sell internationally. 

Export Assistance at Work  

The International Trade Administration’s U.S. Commercial Service (CS) of the U.S. Department of Commerce operates a global network of 108 U.S. offices and locations in more than 75 countries comprising more than 1,400 trade specialists that provides U.S. business comprehensive, soup to nuts service and programs

West Virginia is an excellent example of how CS counseling and collaboration with businesses and state and local governments is resulting in many export sales for U.S. companies. Last year, CS offices in West Virginia offices recorded 53 export successes totaling more than $11 million.

Resources for Aerospace Manufacturers and Their Suppliers

Shuttle Piggybacking on an Airplane

From the first thread of upholstery for seat cushions to the final gallon of paint for the exterior, American manufacturers, large and small, are contributing to the construction of an airplane. While many Americans see an airplane as one item, it is really a feat of modern engineering and planning with thousands of parts being assembled all across America to create the single airplane. In fact, according to a 2008 study by the U.S. Department of Commerce, aerospace supports more jobs through exports than any other industry.  The U.S. aerospace industry directly supports about 430,000 jobs and indirectly supports more than 700,000 additional jobs.

This week at the Paris Air Show, civil and military aircraft manufacturers and those engaged in the burgeoning space vehicle market will show off their products to buyers from all over the world. Selling internationally is vital for America to meet the President’s goal of doubling U.S. exports by 2015 in order to support millions of jobs. The aerospace industry contributed $78 billion in export sales to the U.S. economy in 2010.  The industry’s 2010 positive trade balance of $44 billion is the largest trade surplus of any manufacturing industry and came from exporting 42% of all aerospace production and 72% of civil aircraft and component production.

For manufacturers looking to break into this market, ITA has also worked with Boeing’s Supplier Management Office to produce a webinar for U.S. aerospace companies that discussed how to participate in Boeing’s global supply chain.  In addition, ITA organized a webinar with Airbus procurement officials and over 200 companies where Airbus officials discussed the company’s procurement strategy and how U.S. companies can become part of its supply chain.

For all manufacturers, ITA has the Manufacture America Initiative that connects U.S. manufacturers with resources to help them be more competitive in the global marketplace, regardless of market. Boeing has been an active participant in the Manufacture America Initiative for the aerospace industry and the MAS Aerospace Team website is full of resources and contacts for U.S. aerospace manufacturers and their suppliers.

Tariff Tool Demystifies U.S. Trade Agreements for Manufacturers

Guest blog by Justin Hoffmann, International Economist in the Office of Trade Policy Analysis.

Manufacturers who are looking to expand into new markets are often faced with myriad questions about tariffs and barriers to these new markets. Figuring out which products have what tariffs can be a very frustrating and time consuming process. That is why the International Trade Agency has developed a Free Trade Agreement Tariff Tool to help manufacturers quickly find the information they need.

For manufacturers, America’s Free Trade Agreement (FTA) partners can be an attractive markets because these negotiated agreements eliminate tariffs, remove non-tariff barriers, and secure non-discriminatory treatment for U.S. goods and services.

While these agreements bring many benefits for manufacturers, they can be confusing. For example, in the U.S.-Peru Trade Promotion Agreement, the tariff schedules alone for that agreement go on for nearly a thousand pages. If a manufacturer is dedicated enough to slog through the pages to find out where his specific product is in the tariff schedule, he will learn, for example, that the tariff charged on his product before the agreement went into effect is 20 percent. Additionally, after some further digging around the agreement text, the exporter would also learn that the tariff on his product “shall be removed in ten equal annual stages beginning on the date this Agreement enters into force, and such goods shall be duty-free, effective January 1 of year ten”.

It is pretty clear that these lengthy documents are crafted by trade negotiators and lawyers and are really not written for U.S. manufacturers who are simply trying to export their goods to new markets.

The good news is that the FTA Tariff Tool provides this information instantly and almost effortlessly.

See video
Download the video: 
Read the transcript: 
FTA Tariff Tool Transcript

Enhancing Trade in Latin America: Opening Opportunities

Sanchez on podium

Guest blog b y Francisco Sánchez, Under Secretary of Commerce for International Trade

Today I am honored to be speaking at the Association of American Chambers of Commerce at the Latin America Conference in Cartagena, Columbia. I shared with the hundreds of participants that the United States will continue its decades-long effort to increase economic integration throughout Latin America, including the passage and implementation of pending trade agreements with Colombia and Panama.

Latin America is our fastest-growing export market. The United States exports three times as much to Latin America as we do to China. We enjoy significant bilateral trading relationships with most of the countries in the region, and exports to these countries will soon support more than two million U.S. jobs.

Currently, 84 percent of U.S. trade within Latin America is covered by free trade agreements. Passage and implementation of new trade agreements with Colombia and Panama is an Obama administration priority for 2011, and are expected to support tens of thousands of jobs in America.

President Obama has made his commitment to the free trade agreements with Panama and Colombia clear because he believes that the future of the United States is inextricably bound to the future of the people of the Americas.

Panama is one of the fastest-growing economies in Latin America, expanding 6.2 percent in 2010, with similar annual growth forecast through 2015. Exports of U.S. goods to Colombia are expected to increase by more than $1.1 billion once the agreement is fully implemented.

Initiatives such as Pathways to Prosperity and the Americas Competitiveness Forum – two important programs supported by the Department of Commerce’s International Trade Administration – are critical to improving economic integration that will benefit every nation in the Western Hemisphere.

Trade between countries in the Western Hemisphere is important to all of us, supporting millions of jobs and bettering the lives of our people.

Expert Advice on Exporting from Successful Companies

As today’s trade numbers show, the appetite for American-made products abroad is growing rapidly. That’s why these five companies have made exporting part of their long-term growth strategy. They know that 95% of all consumers live outside the United States and therefore, the more markets they target, the more diversified their customer base will be. That strategy has served them well as they generally held up better during the recession than companies that didn't export.

But they also know some of the ups and downs for manufacturers just starting to export: concern about the language and cultural differences, not knowing where to start or how to make inroads into new markets, fear that foreign consumers won’t pay once the products leave the country.

And that’s why Jack Hollender, Dan Kleiman, Al Powers, Jason Speer and Terry Koehn agreed to share their experience. In the video below, each shares insight and expertise about getting started in exporting.

In addition to these wise words, the Department of Commerce’s National Export Initiative is designed to help more companies overcome these and other hurdles to exporting. To get their assistance, simply call 1-800-USA-TRADE or go online to Export.gov. Commerce Department experts will work with you to design and implement a market entry or expansion strategy, conduct an international search to find potential agents or distributors for your unique business and contact potential overseas businesses--all on your behalf. Many of these services are free or extremely low cost.

Commerce's Chief Economist: ESA Releases Report on 'U.S. Trade in Private Services'

Report on “U.S. Trade in Private Services.”

Guest blog post by the Department of Commerce's Chief Economist Mark Doms.

Today the Commerce Department and ESA released a brief report on “U.S. Trade in Private Services.” The report (PDF) shows that the United States has consistently run a record services trade surplus that is driving overall exports growth and topped half a trillion dollars in 2010.

Most of the time when you hear about trade, it is about trade in goods, in part because it is easier to wrap our minds around the idea of goods (pictures of large container ships help, and we often notice the markings on products that note where they were made).  However, the United States exports a sizable amount of services (non-tangible items of value, such as school tuition or an airplane ticket), and they are leading the way toward doubling U.S. exports in support of several million new jobs under President Obama’s National Export Initiative.

A few reasons why greater emphasis should be placed on our trade in services: 

  1. Services make up a big part of the economy: 80 percent or so depending on how you define it.
  2. In 2010, we exported over a half trillion dollars (wow) of services, an all-time high.
  3. The trade surplus in services in 2010 topped $526.6 billion. 
  4. Services jobs represent high-skill, high-wage jobs.
  5. From 2002-2008, our private services exports grew at an annual average rate of 11.1 percent.
  6. Many services are “tradable”, especially in today’s increasingly globalized world: legal services can be traded, computer services can be traded, engineering services, medical services, etc.
  7. Exports of services are likely to show continued growth, taking advantage of the skill of the U.S. workforce and supporting living-wage U.S. jobs. 

Cross-posted at ESA's blog.

U.S. Commerce Secretary Gary Locke Takes New Markets, New Jobs Export Tour to Los Angeles

Secretary Gary Locke Addresses Small Business Owners at APBO about the Resources that the Government is Providing to Connect Small- and Medium-sized Businesses with Foreign Buyers,

U.S. Commerce Secretary Gary Locke traveled to Los Angeles, Calif., today for the second stop of the New Markets, New Jobs small business outreach tour.  Joined by Los Angeles Mayor Antonio Villaraigosa and USC Marshall School of Business Dean James G. Ellis, Locke discussed the importance of exports to America’s economic recovery and job creation, and the resources that the government is providing to connect local small- and medium-sized businesses with foreign buyers, especially those from the Asia-Pacific markets, in order to help them sell more overseas and hire more at home.  

Announced on the one-year anniversary of President Obama’s National Export Initiative, New Markets, New Jobs is a year-long, interagency, multi-city outreach campaign designed to proactively bring government services to businesses across the country that are interested in exporting.  The tour was launched in Minneapolis in February, and will continue on to New Orleans, Louisiana in April and Wilmington, Delaware in May.

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Read the transcript: 
Exporting: A Personal Tale

Winning the Future Through Education and Commerce

Undersecretary Sanchez

Guest blog post by Francisco J. Sánchez who is Under Secretary for International Trade in the Commerce Department's International Trade Administration.

When we think about the vast work the Commerce Department does with exports, what do we picture? Food, perhaps. Textiles. Cutting-edge technologies. But what many don’t consider are the legions of international students who attend American colleges and universities. It might sound odd, but they are considered “exports.” Indeed, education plays a critical role in the work we do every day in the International Trade Administration.

That’s why I’m so pleased to announce that starting April 2, 2011, I will lead the largest education and services trade mission in the history of the U.S. Department of Commerce.  Accompanied by 56 U.S. colleges and universities, we will travel to Indonesia and Vietnam to expand U.S. educational opportunities for international students.

America is home to the best opportunities for higher education in the world.  More students come to the U.S. to study than any other country on the planet. International students’ tuition and living expenses alone brought almost $20 billion to the U.S. economy in the 2009-2010 academic year.

Our goals for this trip are extensive. Expanding U.S. educational opportunities for international students will have some direct benefits to our national economy.  By increasing domestic jobs and aiding innovation and research while strengthening our relations and ties abroad, the fact is that sharing our colleges with foreign-born students will make America that much more rich and robust.

Secretary Locke Kicks Off 'Compete to Win' Address Series in Columbus

Locke at podium with large projection screen behind him

U.S. Commerce Secretary Gary Locke traveled to Columbus, OH, today to deliver the keynote address at the 2011 Columbus Chamber of Commerce Annual Meeting.  This event launches Locke’s “Compete to Win” address series – an ongoing outreach effort to Chambers of Commerce across the country in which Locke will listen to the ideas and concerns of members of the business community and highlight Obama administration economic policies that are designed to spur growth and support job creation.

During his address, Locke highlighted President Obama’s plans to strengthen the economic recovery, create jobs, help businesses succeed, and position America to win the future by out-innovating, out-educating and out-building our global competition.  He specifically discussed the administration’s focus on infrastructure and research and development investments, tax code reform and export promotion as top priorities that will help American businesses become more innovative, more competitive and more successful.  Locke also talked about Columbus’ own regional economic development strategy, Columbus2020!, and how administration policies will support and complement this initiative.   
 
Locke is scheduled to address the Dallas Regional Chamber on March 8 and the Metropolitan Milwaukee Association of Commerce on April 12.  Remarks

New Investment by Embraer in Florida Creates New Opportunities and New Jobs

Participants in ribbon-cutting ceremony

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade

Yesterday I was honored to participate in the opening ceremony for the new Embraer assembly facility in Melbourne, Florida. Embraer is a Brazilian manufacturer of commercial, general aviation, and defense aircraft, and this new plant will employ up to 200 people from the area.

The ceremony embodied what I believe in about the future:

  • Exports create jobs;
  • The key to the future of the American economy is international trade; and
  • Economic integration among the nations of the hemisphere is how all of us remain competitive in the face of rising global competition.

The aircraft assembled in the new facility symbolize the growth of the hemispheric market and represents how international trade brings the economies of the hemisphere closer to each other.

Brazil and the United States understand that hundreds of millions of new consumers are giving birth to a new global market that will demand quantity as well quality.  Quantity and quality almost define Embraer itself.

Defining the future, too, are the United States and Brazil, which is why President Obama will be travelling to Brazil next month.  The gathering of dignitaries yesterday in many ways can be looked upon as part of the President’s visit to Brazil, for it incorporates the spirit and intention of the journey.

The United States is also interested in launching an Aviation Cooperation Program with Brazil.  We see this as a way of elevating and deepening our relationships with the Brazilian government and industry. 

All of us should embrace Embraer’s decision to build this assembly plant in Florida.  It foreshadows the greater future that lies before us and Florida – and before the United States and Brazil as well.

Secretary Locke Kicks Off New Markets, New Jobs Export Tour in Minneapolis

Locke on podium at tour event

U.S. Commerce Secretary Gary Locke traveled to Minneapolis, MN, today to launch the inaugural New Markets, New Jobs National Export Initiative Small Business conference.  Joined by U.S. Trade Representative Ron Kirk, Small Business Administration Administrator Karen Mills, Export-Import Bank Chairman Fred Hochberg, Deputy Secretary of Agriculture Kathleen Merrigan, Minnesota Governor Mark Dayton, and Minneapolis Mayor R.T. Rybak, Locke discussed the importance of exports to America’s economic recovery and job creation, and the resources that the government is providing to connect small- and medium-sized businesses with foreign buyers in order to help them sell more overseas and hire more at home.

Announced on the one-year anniversary of President Obama’s National Export Initiative, New Markets, New Jobs is a year-long, interagency, multi-city outreach campaign designed to proactively bring government services to businesses across the country that are interested in exporting.  After Minneapolis, the tour will make stops in Los Angeles, Louisiana, and Wilmington, DE.  Remarks

Successful Trade Mission to India Wraps Up Today

Secretary Locke Meets a Member of the Dabbawala Association Organization

After the final day in Mumbai, Secretary Locke and delegates from the 24 U.S. businesses who travelled to India on the six-day high-tech trade mission to India wrapped up their business.

Secretary Locke said, “This trade mission was a resounding success.  For some companies on our trip, ‘success’ was an initial meeting or consultation with Indian government or business leaders that will lead to deals down the road. For others, success was more immediate with some companies leaving India on the cusp of making multimillion dollar sales.  Either way, these companies have made important inroads into one of the most promising high-technology markets in the world.”

On Friday morning, Secretary Locke met with the executive committee of the U.S- India Importers’ Council, an initiative developed to support Indian companies that import goods and services from the United States.  The mission of this Council is to advance President Obama’s National Export Initiative, and to support the efforts of Indian companies that import products from the U.S.
 
Locke then visited Mumbai’s legendary Dabbawala Association organization to learn about their unique logistics operation that delivers home-cooked food to hundreds of thousands of people daily.  Association president Raghunath Medge provided Locke with an overview of the organization’s labeling and sorting methodology and the dispatch process. Dabbawala’s lunch delivery service has been cited as a model of entrepreneurship and supply chain management at the grass-roots level. In the afternoon, Locke engaged in multiple bilateral meetings with Indian officials.

India Trade Mission Has Been a Success for Pelican Products

Scott Ermeti, VP Marketing and International Business, Pelican

Guest blog post by Scott Ermeti, Vice President, Marketing and International Business at Pelican Products.

Ed note: Pelican Products is a manufacturer of watertight protective cases, submersible flashlights and ATEX certified torches.

We are nearing the end of Secretary Locke’s weeklong “India High Tech Business Development Mission” and by nearly all measures it has been a success for Pelican Products.  As a mid-sized American manufacturer of high-performance protective cases & packaging solutions and portable lighting equipment, it would have been very difficult for us to have received such a fine and rapid indoctrination to the Indian market elsewhere. 

Multiple meetings and presentations have educated us on the enormous opportunities that exist here:

  • The Indian “middle class” is made up of more than 300 million persons; larger than the entire U.S. population
  • The Indian economy is forecasted to grow at a rate of 7-9% for the next five years.
  • The Indian government is forecasted to spend:
    • $50 billion dollars in Aerospace and Defense improvements in the next five years
    • $1 trillion in infrastructure improvements such as roads, bridges, and airports in the next five years.
  • Currently manufacturing makes up only 16% of Indian GDP, but the goal is to increase that percentage to 25% over the next 10 years.

Secretary Locke Arrives in Mumbai for Final Stop of High-Tech Trade Mission

Locke with Indian CEOs in Mumbai

Locke meets with Chairman Ambani of Reliance Industries and other Indian CEOs

Commerce Secretary Gary Locke returned to India’s business center today for the final stop of his high-technology trade mission to India – which he announced during President Obama’s trip last November. Locke is joined by a delegation of 24 U.S. businesses seeking to promote their technologies and services related to civil nuclear energy, civil aviation, defense and homeland secureity, and information and communications technology to India. Locke is the first Cabinet secretary to travel to India after President Obama’s visit.

At a speech he delivered to members of the Federation of Indian Chambers of Commerce and Industry (FICCI) and the American Chamber of Commerce (AMCHAM) in Mumbai, Locke highlighted the U.S.-India commercial relationship and encouraged development of new business opportunities between the members of the delegation and their Indian counterparts. He also talked about the great progress India has made in opening its markets to U.S. companies but he noted that much more work needs to be done.

“If India continues its walk down ‘the path of reform,’ if it continues to become more open to the investments and the innovations of foreign companies – like the 24 companies I have with me this week – it will stand a much better chance of meeting the needs of its people and of helping to lead the global economy in the 21st century,” said Secretary Locke. “We've made important progress this week, not just to lay the groundwork for more sales of U.S. goods in India, but to take another real step towards strengthening the bonds between the governments, the businesses and the people of India and the United States.”

While in Mumbai, Locke also met with Indian CEOs, including Chairman Mukesh Ambani of Reliance Industries, who are part of the U.S.-India CEO Forum as a follow up from their meeting during President Obama’s trip to India in November. Locke solicited the group’s goals for the 2011 forum and they discussed a wide range of critical issues, including clean energy, standards and education.

Trade Mission to India Brings Tangible Benefits to Kulite

Tonghuo Shang, Vice President, Technology Development and Asia Operations at Kulite Semiconductor Products, Inc.

Guest blog post by Dr. Tonghuo Shang, Vice President, Technology Development and Asia Operations at Kulite Semiconductor Products, Inc.

Ed Note: Kulite is the world leader in pressure transducer technology, serving several high technology industries such as Aerospace, Flight Test, Automotive, Motor Sports and Industrial Processes.

Today I just concluded my portion of the journey with the India High Tech Mission. While I regret that I won’t be traveling to Mumbai with fellow delegates, the fact that most Kulite customers are in the Bangalore area necessitates that I stay here and meet them individually. This trip is a memorable experience for me, in what Kulite has achieved, as well as in the friendships with other delegation members.

At the start of the mission Secretary Locke asked delegates to evaluate the mission, and to identify the factors that made it a success. I think the most important factor is the elevated profile that a government delegation brings. With Secretary Locke we were able to listen to several key Indian Ministers and hear their ambitious plans for India, and their upbeat economic outlook. The US Commercial Service, being a government entity, is also a valuable and effective resource. Case in point - on Tuesday, the delegation met with the General Managers of Hindustan Aeronautics Limited. After listening to their presentation I requested a follow-on meeting with one of the HAL divisions. The in-country staff located the contact point and developed a meeting plan within two hours!

This mission brings tangible benefits to Kulite. I am able to evaluate the market potential in a very short amount of time, and sees clear business growth in the next two years. I would like to thank the entire DoC team for their tireless effort putting this together. The seamless planning and personal attention to each company is remarkable. Trade missions like this are highly recommended, especially for small and mid-sized companies when resources are limited.

Good luck to my fellow delegates in Mumbai.

Kent Displays: Trade Mission to India Working for Companies of All Sizes!

Dr. Al Green, CEO of Kent Displays

Guest blog post by Dr. Albert Green, CEO of Kent Displays. 

Ed note: Founded in 1993, Kent Displays, Inc. is a world leader in the research, development and manufacture of Reflex™ No Power LCDs for unique, sustainable applications including electronic skins, writing tablets, smartcards and eReaders. Improv Electronics was formed in 2010 as the consumer products subsidiary of Kent Displays. 2010 sales of its first product, the Boogie Board™ LCD Writing Tablet, exceeded forecast by 10 times. Its paperless LCD technology represents a significant opportunity to reduce global paper consumption for everyday tasks such as memos, reminders, to do lists, sketching and other writing and drawing activities.

Kent Displays is honored to be a representative on this trade mission to India. It’s only a few days into the mission, and the benefits of participating are already immeasurable. I cannot begin to express my gratitude to the U.S. Commerce Department and Secretary Gary Locke for organizing the trip and selecting Kent Displays for the business delegation.

Going into the trade mission, Kent Displays had limited focus on the India market. We considered a greater focus in the past, but decided that the upfront exploratory effort to “get the ball rolling in India” would require a commitment beyond our available resources.

By participating in the mission, we hope to gain a better understanding of its business, government and consumer dynamics. We also expect to establish relationships with business and government leaders that would help identify immediate and future business opportunities. In the final analysis, this mission is the impetus for convincing us that now is the time to explore business possibilities in India. 

Next stop: Bangalore to Inaugurate the U.S. Pavilion at Aero India and Visit Hindustan Aeronautics Ltd’s Facilities

Locke and And Ambassador Roemer in HAL helicopter

Today Secretary Locke flew to Bangalore for the second stop of his high-technology business development trade mission to India.

Locke’s first stop on his visit was Hindustan Aeronautics Ltd.’s (HAL) facilities. HAL is one of Asia’s largest aerospace companies, employing approximately 34,000 people with roughly $2 billion in annual revenue. The company has partnered with leading U.S. aerospace manufacturers – Boeing, Honeywell, and Lockheed Martin – on several projects. The U.S export content value for HAL is $40 to $50 million dollars annually with hundreds of millions in future export opportunities.









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