Archive for the ‘Export Data’ Category

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

February 27, 2015

This post originally appeared on the Department of Commerce blog.

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:

  • The International Trade Administration has established a new National Rural Export Innovation Team to help more rural businesses access export-related assistance, information and events. The team already has 74 members nationwide.
  • Through the support of the Appalachian Regional Commission, Delta Regional Authority and others, we will double the number of rural businesses served by these partners that international trade shows and missions.
  • The Economic Development Administration (EDA) will launch a new i6 Rural Challenge, based on the previously successful i6 challenges, which will focus on providing funding to rural communities to build capacity for commercializing technology.
  • EDA will establish a mentor-protégé program for rural communities that will help all communities involved learn how to leverage their own assets, build their resources, and foster a culture that drives innovation and entrepreneurial thinking.
  • Agencies will work with state and local partners to raise awareness of federal resources with rural businesses and community lending institutions.  This includes commitments from the Ex-Im Bank, SBA and the Delta Regional authority as well as the U.S. Postal Service’s commitment to host internationally-focused “Grow Your Business” day-long events across the country.
  • The Department of Agriculture and its partners will lead reverse trade missions and ITA will conduct outreach events for rural businesses to meet foreign buyers and commercial experts.

Many at the county, state, and national level responded to the President’s “Made in Rural America” charge, as we saw first-hand in Canonsburg, PA; Memphis, TN; Cortland, NY; Tuscaloosa, AL; Cedar Rapids; Gila County, AZ and Clackamas County, OR. In addition, the Administration has made efforts like Made in Rural America a key priority in our national export strategy, NEI/NEXT.

For more information, visit businessusa.gov/rural-exporting.

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Commerce Secretary Penny Pritzker Announces Twenty-Six States Achieved Record Export Levels in 2014

February 27, 2015

A  cargo container ship representing exports.

This post originally appeared on the Department of Commerce blog.

U.S. Secretary of Commerce Penny Pritzker today announced new data that shows 26 states achieved records in goods exports in 2014, while eight additional states experienced growth in merchandise exports over 2013 levels. Total merchandise exports from all 50 states helped the U.S. achieve the fifth consecutive record-setting year of goods and services exports, which reached $2.35 trillion in 2014.

Secretary Pritzker praised today’s announcement stressing the fact exports are critical to economic growth and job creation in communities across the country. “With 95 percent of the world’s consumers living outside the United States, opening more markets to ‘Made in America’ goods and services is fundamental to our nation’s competitiveness, job creation, and the economic security of our families,” she said.

Strengthening partnerships with states and rural communities in support of exporters and investment attraction efforts is a key objective for the second phase of President Obama’s National Export Initiative – NEI/NEXT, which Secretary Pritzker launched in May 2014. Through NEI/NEXT, 20 federal agencies are advancing program and policy improvements to provide exporters more tailored assistance and information; streamline export reporting requirements; expand access to export financing; ensure market access and a level playing field; and collaborate with state and local organizations.

The 26 states that set new records for exports in 2014 include:

  • Texas ($289.0 billion);
  • California ($174.1 billion);
  • Washington ($90.6 billion);
  • Illinois ($68.2 billion);
  • Louisiana ($65.1 billion);
  • Ohio ($52.1 billion);
  • Georgia ($39.4 billion);
  • Indiana ($35.5 billion);
  • Tennessee ($33.0 billion);
  • North Carolina ($31.3 billion);
  • South Carolina ($29.7 billion);
  • Kentucky ($27.5 billion);
  • Wisconsin ($23.4 billion);
  • Minnesota ($21.4 billion);
  • Arizona ($21.1 billion);
  • Oregon ($20.9 billion);
  • Virginia ($19.2 billion);
  • Iowa ($15.1 billion);
  • Maryland ($12.2 billion);
  • Nebraska ($7.9 billion);
  • North Dakota ($5.3 billion);
  • New Hampshire ($4.4 billion);
  • New Mexico ($3.8 billion);
  • Rhode Island ($2.4 billion);
  • Wyoming ($1.8 billion); and
  • Hawaii ($1.5 billion).

In addition, the following states achieved growth in total merchandise exports in 2014: Alabama; Alaska; Maine; Massachusetts; Missouri; Montana; New Jersey; and South Dakota.

More information and additional facts about state exports in 2014 can be found by accessing the full press release.

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Recognizing U.S. Exports; Celebrating U.S. Exporters

February 11, 2015

This post contains external links. Please review our external linking policy.

Antwaun Griffin is the International Trade Administration’s Deputy Assistant Secretary for U.S. Operations.

ITA’s Eric Johnson (left) and Antwaun Griffin (center) presented Jeff Carson from House of Cheatham with an Export Achievement Certificate in 2014 to honor the company’s growth in international business.

ITA’s Eric Johnson (left) and Antwaun Griffin (center) presented Jeff Carson from House of Cheatham with an Export Achievement Certificate in 2014 to honor the company’s growth in international business.

When it comes to U.S. exports, there has been a lot of good news this month. For the fifth consecutive year, the United States has set a record for exports, and that trend continues to support our economic recovery.

The trend is part of a concerted effort under the National Export Initiative (NEI) and the NEI Next strategy to support more American companies looking to compete overseas.

I love what the data means for our economy! But what I love more are the business leaders behind those numbers. It is a pleasure to meet these folks and see how exporting is changing their businesses, and helping them grow and add more jobs.

Earlier this year, I had the opportunity to meet John Gray and Nick Carlino from MDI, a wholesale grocery store distributor based in North Carolina. MDI started working with our Export Assistance Center in Charlotte in 2006, and has now achieved five straight years of double-digit export growth. The last two years have seen more than 25 percent growth, a huge feat for a small business. I hope MDI can continue to see that kind of success.

There’s also Atlanta’s House of Cheatham, a hair care and beauty products company, which has been a trailblazer in many smaller global markets, and several markets in Africa. In 2004, international revenues comprised 10 percent of the company’s total revenue. In 2014, that number hit 40 percent. In 2015, I hope the company hits even higher plateaus in global business.

I want to thank and congratulate all the companies that are succeeding in the global marketplace, from California-based CTC Global to Florida-based Hann Powerboats and every company in between.

If you’re ready to join these companies in the global marketplace in 2015, please consider:

  • Attending an upcoming Discover Global Markets business forum to learn how to take advantage of export opportunities across sectors and in a number of promising global markets.
  • Joining us for the Trade Winds—Africa trade mission in September. This is the largest-ever U.S.-government led trade mission to the continent, and Africa is home to seven of 10 the world’s fastest-growing economies. That spells opportunity for your business.
  • Contacting your nearest Export Assistance Center. Our team has a number of helpful events across the country throughout the year, from export workshops to trade shows, and our market research can help you find and succeed in the right markets for your company.

To all the trade specialists and commercial officers in ITA’s Commercial Service, all our state partners, the chambers of commerce, economic development organizations, trade associations and other groups working to support U.S. exports, I say thank you and congratulations on another great year.

I look forward to meeting more of our country’s great exporters in 2015, and to celebrating another great year of Made in America goods and services making their way around the globe.

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A Record Year for American Exports, Further Proof of American Greatness

February 5, 2015

Stefan M. Selig is the Under Secretary of Commerce for International Trade.

Under Secretary Stefan M. Selig (second from left) discusses the importance of exports as part of a panel discussion hosted by the Atlantic Council in Washington, DC on February 5, 2015.

Under Secretary Stefan M. Selig (second from left) discusses the importance of exports as part of a panel discussion hosted by the Atlantic Council in Washington, DC on February 5, 2015.

“The shadow of crisis has passed,” the President declared in his State of the Union two weeks ago, and the export data we released today goes to the heart of that very point.

The Commerce Department announced today that the U.S. economy hit a new annual record for exports, with $2.35 trillion in goods and services shipped in 2014.

That also represents the fifth consecutive year that our economy yielded record exports, going back to 2010 when the President launched the National Export Initiative.

If you take a deeper dive into the numbers, you see that exports are an important chapter in the larger story of our economic recovery.

Last year, we achieved record annual goods exports with Canada ($312 billion), Mexico ($240 billion) and China ($124 billion). In fact, the U.S. economy had record goods exports with 52 countries in 2014.

It was also a banner year when it came to goods exports with our free trade agreement (FTA) markets. You would expect that our exports to these countries would be strong. But last year saw enormous year-over-year growth in a variety of FTA markets throughout the world: up 7% with South Korea, 9% with Guatemala, 10% with Colombia, 11% with the Dominican Republic, and 28% with Oman.

Our services industry also enjoyed a banner year in 2014, hitting an all-time high of $710 billion.

Travel and tourism remained our strongest service export (it is easy to forget that every dollar a foreign visitor spends on airfare, lodging, and entertainment counts as an export dollar) coming in at $182 billion.

It was also a record year for goods exports, exceeding $1.6 trillion. When you take a look at individual sectors, it is easy to see a compelling story.

Exports of passenger cars represented our third-largest source of year-over-year growth—$61 billion in exports—an increase of more than $4 billion. Our three leading export markets for U.S. passenger cars were Canada, China, and Germany.

The second largest source of growth in 2014 was industrial machines. Strong increases to Canada, South Korea, Mexico and China led the U.S. to a $5 billion increase in this category.

Then, there is crude oil exports, which rose by a staggering 136%—$7 billion—between 2013 and 2014. That represented the largest export increase of any single category.

When you look at these three points, it is clear that they speak to more than exports. They all speak to our impressive recovery and to the sources of our enormous economic strength: a resurgent auto industry, a robust manufacturing sector, and a booming domestic energy market.

The data we see today prove what I often say: that trade is not a threat to American greatness. It is an expression of it.

We export the best goods and services in the world, produced by the best workforce in the world. These exports support more than 11 million American jobs in 2013. 1.6 million of those jobs emerged since the President took office in 2009.

And I am proud to say that ITA is the leading agency in the world when it comes to helping businesses compete in the global marketplace.

The shadow of crisis has indeed passed. The numbers reflect the strength of our exports, our economy and the prospect for a bright future for American workers and American businesses.

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

January 22, 2015

This post originally appeared on the Department of Commerce blog.

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.

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How Trade Stats Can Help US Businesses Expand Abroad

January 9, 2015

This post originally appeared on the Department of Commerce blog.

Guest blog post by Dale Kelly, Chief of the International Trade Management Division, U.S. Census Bureau

International markets provide an opportunity for U.S. businesses to increase sales and overall competitiveness, but knowing how to get started and learning about foreign markets can be daunting The U.S. Census Bureau can help.

Although known most widely as the home of the decennial Census of U.S. households, the Census Bureau also is responsible for collecting, compiling, and publishing monthly trade statistics on all goods imported and exported from the United States. Every month, the Census Bureau releases information on the import and export of commodities such as soybeans, corn, rice, chemicals, steel, aircraft, and lumber. Together with the Bureau of Economic Analysis, which collects similar data on services imports and exports, the Census Bureau releases the  “U.S. International Trade in Goods and Services” report. This report provides detailed information on import and export of merchandise by commodity and end-use category as well as by the multitude of countries and areas with which the U.S. conducts international trade. All of these reports are available at the Census Bureau’s foreign trade web page.

How can this information help U.S. businesses? The Census Bureau provides detailed information on more than 9,000 export commodities and 18,000 import commodities. Easily accessible online, this information assists U.S. businesses in making informed decision by tracking the global marketplace for their product and identifying possible opportunities to expand to new markets.

In addition to data, the Census Bureau provides resources and tools to help businesses export. The Census Bureau’s International Trade Management Division conducts outreach and training around the country. Training includes webinars, seminars, workshops, and blog posts on using trade data, understanding foreign trade regulations and utilizing the Automated Export System, which allows the electronic filing of export information directly to U.S. Customs and Border Protection. These same data are the source of the Census Bureau’s merchandise export and import statistics. The next two-day training on the Automated Export System begins on January 21 in Houston, Texas.  Trade is a vital part of our economy, and the Census Bureau plays an important role in providing detailed timely information to U.S. businesses to make informed decisions.

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New Search Tool Driven by API Helps U.S. Companies Comply with Export Laws

November 20, 2014

This post originally appeared on the Department of Commerce blog. screenshot from consolidated screening list tool

Starting today, U.S. companies can use a simple tool to search the federal government’s Consolidated Screening List (CSL).

The CSL is a streamlined collection of nine different “screening lists” from the U.S. Departments of Commerce, State, and the Treasury that contains names of individuals and companies with whom a U.S. company may not be allowed to do business due to U.S. export regulations, sanctions, or other restrictions.

If a company or individual appears on the list, U.S. firms must do further research into the individual or company in accordance with the administering agency’s rules before doing business with them. It is extremely important for U.S. businesses to consult the CSL before doing business with a foreign entity to ensure it is not flagged on any of the agency lists.

The U.S. agencies that maintain these lists have targeted these entities for various national security and foreign policy reasons, including illegally exporting arms, violating U.S. sanctions, and trafficking narcotics. By consolidating these lists into one collection, the CSL helps support President Obama’s Export Control Reform (ECR) initiative, which is designed to enhance U.S. national security.

In addition to using the simple search tool, the CSL is now available to developers through the International Trade Administration (ITA) Developer Portal (http://developer.trade.gov).

The Consolidated Screening List API (Application Programming Interface) enables computers to freely access the CSL in an open, machine-readable format. By making the CSL available as an API, developers and designers can create new tools, websites or mobile apps to access the CSL and display the results, allowing private sector innovation to help disseminate this critical information in ways most helpful to business users.

For example, a freight forwarder could integrate this API into its processes and it could automatically check to see if any recipients are on any of these lists, thereby strengthening national security.

During the process of creating the API, the Commerce Department’s International Trade Administration and Bureau of Industry and Security worked with the Departments of the Treasury and State to form an authoritative, up-to-date, and easily searchable list with over 8,000 company and individual names and their aliases.

These improvements provide options to the downloadable CSL files currently on export.gov/ecr.

In early January, ITA also will release a more comprehensive search tool. This new API, along with Monday’s announcement of a new Deputy Chief Data Officer and Data Advisory Council, is another step in fulfilling Commerce’s “Open for Business Agenda” data priority to open up datasets that keep businesses more competitive, inform decisions that help make government smarter, and better inform citizens about their own communities.

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