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U. S. Commercial Service Your Key to Export Success
Kristi Wiggins
International Trade Specialist
www.Export.gov
• $1.3 trillion in U.S. exports in 2008
• Growth of 11.84% over 2007
(U.S. Census)
International Trade Statistics
• Missouri's Exports – $12.8 billion
• Largest markets in 2008– Canada – $4.3 billion (34 percent)
– Mexico – $1.3 billion
– South Korea – $1.0 billion
– China – $945 million
– Japan – $696 million•
• Leading Export Categories include:– Transportation Equipment – $3.5 billion (27 percent)
– Chemical Manufactures – $2.1 billion
– Machinery Manufactures – $1.3 billion
– Processed Foods – $951 million• Source: Origin of Movement State Export Series, Bureau of the Census,.
Missouri Trade
• 4,059 Missouri Companies Exported
• Missouri Jobs are Dependent on Exporting
– One-sixth Manufacturing Jobs (17.2%)
– 4.7 % of total private-sector employment
Source: International Trade Administration and Bureau of the Census, Foreign Trade Division: Exporter Database.
Missouri Jobs
• New Customers
• New Revenue Streams
• Smooth Business Cycles
• Extend Product Lifecycle
• Product Innovation
International Trade Benefits
• Business Counseling
• Market Research & Analysis
• Sales Leads & Trade Contacts
• Trade Promotion Events
• Advocacy
• Small Business & Trade Financing
We Help Make Trade Happen How We Do What We Do
Business Counseling
The U.S. Commercial Service will help you:
• Identify best potential markets
• Highlight opportunities & challenges
• Find buyers & distributors
• Find information on how to do business
• Identify promising promotional events
Market Research & Analysis
• Market Research Library - more than 100,000 country and industry- specific market reports, web sites, events, and trade directory listings.
• Country Commercial Guides - identifies business and economic situation of foreign countries and the political climate as it affects U.S. business and foreign investments.
• Customized Market Research - leverages our network of industry associations, government agencies, importers, distributors, end-users, and manufacturers to provide you with information that answers your specific international business questions – ie. Does my product or service have potential? Who are my competitors? How do I gain market access? Are there any obstacles in this market?
• Gold Key Matching Service
• International Partner Search
• International Company Profiles
• Commercial News USA
• Trade Missions /Trade Shows /Catalog
Exhibitions
• Webinars
Leverage Our Products and Services to Succeed in International Markets