Posts Tagged ‘Houston’

h1

Houston, We Have a…Conference!

April 25, 2014

Austin Redington is a Communications Specialist with the SelectUSA Program.

The U.S. energy sector is a hot topic, from renewable energy to the high-tech recovery of natural gas to the exploration of untapped resources. With so much buzz – and significant investment inflows – this year’s Offshore Technology Conference (OTC) in Houston, Texas from May 5-8, promises to be both timely and exciting.

Naturally, the International Trade Administration (ITA) will be there, and we hope to see you there too!

OTC 2014, which is supported by ITA’s International Buyer Program, is a leading international trade show focusing on opportunities in the fields of drilling, exploration, production, and environmental protection.

For attendees, ITA will be onsite offering services to international and U.S. investors, U.S. exporters, and international buyers. Here’s a brief look at what we’ll be up to:

  • For investors & U.S. economic development organizations: SelectUSA, the U.S. investment promotion program, will be hosting a “Build Your Business in the United States” lunch symposium, as an opportunity for attendees to meet federal and regional partners. The event will offer a case study about the U.S. investment climate, resources, and services. Attendees will also learn best practices from companies that have already invested. Register here by April 29th.
  • For exporters and buyers: We’re also offering our B2B Matchmaking service, which connects U.S. suppliers with interested international buyers. We recruit and screen each international buyer through our network of U.S. Embassies and face-to-face meetings to ensure the highest likelihood of connecting the “right” partners. Companies interested in engaging in this service are encouraged to sign up (click here for more).
  • For U.S. exporters: Our Global Markets team will be offering export counseling meetings and country-specific information. U.S. exporters will have the opportunity to meet one-on-one with our U.S. Embassy oil and gas industry specialists. Team members from 25 embassies will be available: Algeria, Argentina, Belgium, Brazil, Cyprus, Egypt, Ghana, India, Indonesia, Kazakhstan, Kuwait, Libya, Malaysia, Mexico, Nigeria, Norway, Oman, Qatar, Romania, Saudi Arabia, Singapore, South Korea, Thailand, Ukraine, United Arab Emirates. Representatives from the Small Business Administration and Export-Import Bank of the United States will also be on site.

ITA experts will be offering country briefings and procurement seminars. Stop by to learn about deep water exploration in Colombia or about oil and gas opportunities in Ghana.

As you can see, it will be a busy and interesting week full of opportunities to learn, meet, share, and connect. If you’re planning on going, we hope you’ll stop by and see us!

For more information on OTC 2014, go to the OTC 2014 website.

Further details on our OTC presence can be found on the Houston, Texas U.S. Export Assistance Center’s website

h1

Making the Connection Between Air Travel, Exports, and Jobs

August 13, 2013

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

Justin Fisk is an intern in the International Trade Administration’s Trade Promotion Coordinating Committee. He’s a graduate of the University of Georgia, taking graduate courses at the George Washington University.

Houston’s exports have been soaring, and they will get an additional boost now that Air China, China’s flag carrier, opened up a non-stop flight route between Beijing and Houston.

This is Air China’s first non-stop flight route to the U.S. in 30 years, and it is easy to see why Air China chose Houston—the city consistently ranks near the top of the most globally-oriented business communities in America.

In fact, for the first time since the data has been collected, Houston became the top exporter among U.S. metropolitan areas in 2012. Houston’s goods exports totaled $110 billion, accounting for more than half of all Texas exports.

This new flight will only help Houston exporters continue to expand to new markets.

Behind Mexico, Canada, and Brazil, China is Houston’s fourth-largest export market, importing more than $5 billion of goods from Houston in 2012. With China’s rapid urbanization and growing middle class, demand for American-made products is likely to grow. This new flight is the next step in expanding the relationship between Houston and China.

The Houston Airport System’s economist estimates the Air China flight will bring $150-200 million of annual benefits to Houston. The flight will enable more face time between Chinese and American businessmen, a crucial aspect of the Chinese business custom of Guanxi. That can facilitate more export deals with the country and more investment in the U.S. from Chinese companies.

Houston also stands to benefit from the increase in Asian tourists that this flight route will bring. The travel and tourism industry is a huge contributor to the U.S. economy, accounting for $87.1 billion in U.S. exports in the first half of 2013. China has been one of the fastest growing markets for visitors to the United States.

Our Export Assistance Center is always ready to support Houston-area businesses looking to take advantage of new export opportunities. Commerce’s Minority Business Development Agency is also planning to launch a new Business Center in Houston, which will help regional minority-owned businesses expand to new markets and increase exports.

These benefits will lead to more than just increased tourism numbers and contract signings. These exports support jobs in Houston, throughout Texas, and across the country. Metro exports are a huge contributor to national export numbers, and Houston’s success is setting the example for other metropolitan areas to follow.

With each new international flight route, the world becomes more interconnected, and as Houston continues to expand its relationships with international markets, its exports will continue to soar.

Follow

Get every new post delivered to your Inbox.

Join 435 other followers