President Obama announced the National Export Initiative in his 2010 State of the Union address and set the ambitious goal of doubling U.S. exports by the end of 2014 to support millions of jobs here at home. Helping U.S. companies become more competitive internationally is a critical step to “winning the future.”
With 95% of the world’s consumers living outside our borders and the International Monetary Fund forecasting that nearly 87 percent of world economic growth over the next five years will take place outside of the United States, U.S. businesses seeking to find their next customer should consider exporting their goods and services.
The decision to export is one fundamentally made by U.S. business owners, entrepreneurs, and farmers. U.S. companies, particularly small and medium-sized enterprises, often face hurdles when trying to close an export sale including lack of readily available information about exporting and market research, challenges obtaining export financing, strong competition from foreign companies and obstacles thrown up by foreign governments. This suggests an important role for the federal government.
The NEI is the Obama Administration’s commitment to serve as a full partner with U.S. businesses to promote American-made goods and services worldwide, within global trading rules. The NEI is focused on (1) improving trade advocacy and export promotion efforts; (2) increasing access to credit, especially for small and medium-sized businesses; (3) removing barriers to the sale of U.S. goods and services abroad; (4) robustly enforcing trade rules; and (5) pursuing policies at the global level to promote strong, sustainable, and balanced growth.
U.S. companies seeking to get started exporting should visit www.export.gov for information on overseas markets, federal resources, and upcoming trade events.
National Export Initaitive Information
Blog Posts
On the Two-Year Anniversary of the National Export Initiative Successes Abound
Minority-owned Firms: America’s Key to the Global Marketplace
Videos
Watch the President's Export Council Meeting on Novmeber 16, 2011 (on YouTube.com)
President Obama's Introduction of the National Export Initiative in his State of the Union Address
Press Releases
Senior Commerce Official Highlights International Trade Opportunities for Baltimore Businesses
Exports From U.S. Metropolitan Areas Totaled $1.13 Trillion in 2010
Speeches
Remarks by Francisco Sánchez, Under Secretary of Commerce for International Trade
Presentation of Peace Through Commerce Award,
Followed by Keynote Address
American Chamber of Commerce,
Hong Kong
Remarks by Michael C. Camuñez, Assistant Secretary of Commerce for Market Access and Compliance
"Good Governance" Keynote
United States Mission to the OSCE: Economic and Environmental Dimension Implementation Meeting
Vienna, Austria
Remarks by Joseph K. Hurd III, Senior Director Export Promotion and Trade Policy
The New England Trade Development Summit
New Bedford, Massachusetts
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2012 Export Fact Sheet
Metro Area Exports
'11-16 Travel Forecast
DEC Steel FactSheet
Ohio’s Diebold Gains Duty Free Access into India’s $100+ Million IT Market
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