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Blog Category: NEI

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 ‚Äď including small and medium-sized and minority- and women-owned businesses ‚Äď 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 ‚Äď hitting an all-time high of $2.3 trillion dollars last year ‚Äď up $700 billion from 2009. A new economic report released today by the Department of Commerce, shows that nearly one-third of the country‚Äôs 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 ‚Äď 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 framework 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.

Secretary Penny Pritzker Announces Next Phase of the National Export Initiative -- NEI/NEXT

Today, Secretary of Commerce Penny Pritzker announced NEI/NEXT ‚Äď a data-based, customer service-driven initiative to ensure that more American businesses can fully capitalize on markets that are opening up around the world. Through five core objectives, NEI/NEXT will build on Administration-wide achievements under the National Export Initiative (NEI), to help all businesses reach the 95 percent of consumers who live outside the United States.

If you missed her speech, below is a collection of tweets from her account and audience members that summarizes her remarks.

Secretary Pritzker Concludes ‚ÄúCommerce in the Valley‚ÄĚ Tour

Secretary Pritzker Concludes ‚ÄúCommerce in the Valley‚ÄĚ Tour

U.S. Commerce Secretary Penny Pritzker concluded her two-day ‚ÄúCommerce in the Valley‚ÄĚ tour on Tuesday showcasing the value and vast resources of the Commerce Department to entrepreneurs and business leaders in Northern California.  As the voice of business in the Administration, Pritzker met with innovators, entrepreneurs and leaders within Silicon Valley to discuss the Department of Commerce‚Äôs ‚ÄúOpen for Business Agenda,‚ÄĚ and the three key areas that will keep America competitive and strong: trade and investment, innovation, and data.

Secretary Pritzker made a number of site visits during her tour of Silicon Valley including Facebook, Google, eBay and PayPal showing the Department's strong commitment to spurring U.S. economic growth, through innovation, and competitiveness. On day two of her visit, Secretary Pritzker participated in an Innovation Ecosystem breakfast hosted by Tech for America, where she heard from budding entrepreneurs on the next generation of innovative ideas and discussed the importance of intellectual property (IP) protection and patent reform.

Following the breakfast, Secretary Pritzker traveled to Google where she met with executives and discussed trade and investment and ways the Commerce Department can further help companies export their goods and services abroad. 

Secretary Pritzker concluded her day at eBay and PayPal where she met with three eBay sellers, Chris Ko, Owner, Nationwide Surplus and ER2 Electronic Recycling; Nate Victor, CEO, Sonic Electrolux; and Nick Martin, Founder, The Pro's Closet. She discussed with each of these business leaders what global opportunities and resources we have at the Department of Commerce that can help them increase exports to foreign markets and expand their business footprint.  Secretary Pritzker later joined eBay Inc. CEO John Donahoe in announcing a partnership to promote U.S. exports and trade.  This partnership will advance the Obama Administration‚Äôs National Export Initiative, an ambitious plan to sell more American goods and services into foreign markets. 

Mr. Donahoe was appointed by President Obama to the President‚Äôs Export Council (PEC) in December 2013.  This partnership comes on the heels of a U.S. Department of Commerce announcement that U.S. exports in 2013 set a new record for the fourth straight year. U.S. exports reached $2.3 trillion in 2013, up nearly $700 billion since 2009.

Another Year, Another Export Record

Editor's note:  This has been cross-posted from Tradeology, the Official Blog of the Internatational Trade Administration

Guest Blog Post by Ken Hyatt, Acting Under Secretary of Commerce for International Trade and Mark Doms, Under Secretary of Commerce for Economic Affairs

Four years ago, President Obama made export promotion a national priority, launching the National Export Initiative to renew and revitalize American exports.

That initiative is working.  Today, the Department of Commerce announced that for the fourth year in a row, the United States has set a record for annual exports. Total U.S. exports for 2013 reached $2.3 trillion.

There were record highs in both goods and services exports. Goods exports totaled 1.58 trillion, with records in a number of important sectors, including industrial supplies, consumer goods, and capital goods.

Service exports hit an all-time high of $682 billion, with records in several major service sectors. Travel and tourism was one record sector, as international visitors contributed $139 billion to the American economy.

Mexico was a particularly bright spot for U.S. exporters, as we saw a 4.7 percent increase to $226 billion in exports to our southern neighbor. Commerce Secretary Pritzker is currently leading a business development mission in Mexico, helping even more American companies find new opportunities and qualified business partners in one of our most important export markets.

Commerce Secretary Penny Pritzker Discusses "Open for Business Agenda" at Lake Shore Cryotronics in Ohio

Pritzker touring plant with Lakeshore Cryotronics officials

Secretary Penny Pritzker traveled to Westerville, Ohio yesterday to deliver a speech highlighting the Obama Administration‚Äôs economic growth agenda and the Department of Commerce‚Äôs priorities. Secretary Pritzker announced a new strategic vision for the Department, the ‚ÄúOpen for Business Agenda,‚ÄĚ November 14.  In Ohio, Secretary Pritzker toured and delivered remarks at Lake Shore Cryotronics, an international leader in the development of cryogenic temperature sensors and instrumentation.

Promoting trade and investment is a major part of Secretary Pritzker‚Äôs ‚ÄúOpen for Business Agenda.‚ÄĚ Nationwide, America‚Äôs businesses are exporting: the United States hit a record $2.2 trillion dollars in exports last year, up $600 billion dollars from 2009 when President Obama launched his National Export Initiative. Lake Shore Cryotronics, for example, generates 60 percent of sales from exports. Nearly 10 million U.S. jobs are now supported by exports, up 1.3 million since 2009. But the United States still under-exports, which is why the Secretary is gearing up to launch NEI 2.0, which will aim to help more U.S. companies sell their goods and services to more markets around the world.

In order to achieve greater economic growth and create more good jobs, Secretary Pritzker talked about the need to attract more foreign investment to the United States. According to Columbus 2020, an economic development organization for the 11-county Columbus Region, about 39,000 people in Central Ohio are employed by foreign-owned companies. But as of 2011, 5.6 million jobs nationwide million jobs are supported by foreign direct investment, supporting $437.8 billion in wages to U.S. employees. Global businesses want to be here in the United States because of our stable rule of law, intellectual property protections, solid financial markets, world-class universities, strong consumer base, and our low-cost and abundant energy. That is why President Obama launched SelectUSA at the Commerce Department in 2011. SelectUSA has been working with foreign CEOs and economic development groups across the country to put even more deals in the pipeline.

Secretary Pritzker Outlines Bold Policy Agenda Focused on U.S. Trade and Investment, Innovation, and Data

Secretary Pritzker Outlines Bold Policy Agenda Focused on U.S. Trade and Investment, Innovation, and Data

Secretary of Commerce Penny Pritzker today outlined a bold new policy agenda for the Department of Commerce, centered on U.S. trade and investment, innovation, and data.  This ‚ÄúOpen for Business‚ÄĚ Agenda reflects the department‚Äôs role as the voice of business, and the Obama Administration‚Äôs focus on economic growth and job creation. Additionally, this new vision recognizes the demands of a globally competitive economy.

Among the new initiatives Secretary Pritzker announced are a revitalized National Export Initiative, an enhanced and expanded program to attract foreign investment, a first-of-its-kind, Commerce effort to ensure skills training programs meet industry needs, and a focus on public-private partnerships that enable businesses and communities to make better use of government data.

Secretary Pritzker also committed to leading a robust environmental agenda at Commerce, and to ensuring that operational excellence and public accountability are top priorities of departmental leadership. 

Why is Everyone Talking About Africa?

President Obama and Senegal President Sall at press conference. Photo by White House, Pete Souza.

Claudia Easton is an intern in the International Trade Administration’s Office of the National Export Initiative and Trade Promotion Coordinating Committee. She’s studying Economics and Political Science at Amherst College. Cross-posted from Tradeology.

With the President‚Äôs recent trip to Senegal, Tanzania and South Africa, as well as the announcement of two new trade initiatives, the spotlight is on Africa ‚Äď and with good reason.

While speaking at the Business Leaders Forum in Tanzania, President Obama spoke of beginning a new level of economic engagement with Africa. The Doing Business in Africa Campaign (DBIA) is part of the president‚Äôs strategy, and the International Trade Administration (ITA) is proud to join other government agencies to support  DBIA initiatives that are helping U.S. businesses compete on the continent.

Trade Africa aims to facilitate expanded trade on the continent. Its initial focus will be on the East African Community (EAC), a market with increasingly stable and pro-business regulations. The plan will support increased U.S.-EAC trade and investment, EAC trade competitiveness, and regional integration. The United States seeks to expand this initiative to other regional economic communities on the continent.

Power Africa is intended to build on Africa‚Äôs enormous power potential to expand electricity access to the more than two-thirds of the population that is without power. The President pledged $7 billion in U.S. government support, in addition to $9 billion in private money, over the next five years to double access to electricity in sub-Saharan Africa. Power Africa will help attract investment in Africa‚Äôs energy sector, build capacity for reform in the energy sector, and encourage transparent and responsible natural resource management.

Infrastructure Business Development Trade Mission to Brazil, Colombia and Panama Begins Today

This week, Acting Secretary of Commerce Rebecca Blank will lead an infrastructure business development trade mission to Brazil, Colombia, and Panama, countries that have created robust infrastructure development plans for the coming years. This mission directly supports President Obama’s National Export Initiative, which set the goal of doubling U.S. exports by the end of 2014 and creating an additional 2 million jobs supported by exports. Throughout the course of the mission, 20 U.S. firms will join the Acting Secretary, with the goal of expanding their business opportunities in Brazil, Colombia, and Panama.

Today is the first full day of the trade mission and Acting Secretary Blank will participate in a roundtable with Brazilian CEOs to discuss possible areas for collaboration with U.S. businesses, particularly in the area of infrastructure. This discussion serves as a follow-up to the U.S.-Brazil CEO Forum, which Acting Secretary Blank co-chaired along with Deputy National Security Advisor for International Economic Affairs Michael Froman in Brasilia in March.

On Tuesday, Acting Secretary Blank will meet with members of the Federation of Industries of Sao Paulo (FIESP), a Brazilian industry association that includes more than 130,000 companies representing a wide range of industrial activities. The Acting Secretary will highlight U.S. businesses’ efforts to support Brazil’s infrastructure development goals and connect U.S. and Brazilian firms to explore further procurement opportunities. She will also visit Embraer while in Sao Paulo, to highlight a Brazilian company that has invested in America and created U.S. jobs. Embraer has also worked with many suppliers in the U.S. and has strong partnerships with a variety of U.S. companies.

Deputy Secretary Blank Announces 20 Companies Joining Infrastructure Business Development Trade Mission to Brazil, Colombia and Panama

U.S. Deputy Secretary of Commerce Rebecca Blank today announced the 20 companies that will join her on an infrastructure business development trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama from May 12-18, 2013. The governments of these countries have each outlined ambitious infrastructure development plans for the years ahead, and this trade mission will help U.S. companies in a broad range of infrastructure industry sectors make the connections they need to expand their business opportunities in Brazil, Colombia and Panama.

The trade mission will support President Obama’s National Export Initiative, a government-wide strategy to promote American exports and create 2 million export-supported jobs by the end of 2014. Last year, exports hit another all-time record, reaching $2.2 trillion. And, between 2009 and 2012 exports have supported 1.3 million additional jobs.

The mission will also highlight the successes in the U.S. trade relationships with Colombia and Panama, specifically, since free trade agreements with each country have taken effect. The Deputy Secretary and the business delegation will be in Colombia on the one-year anniversary of the implementation of that Free Trade Agreement (FTA), May 15.

The mission will include export-ready U.S. firms in a broad range of leading U.S. infrastructure and industrial sectors, with an emphasis on project management (including construction, architecture and design), transportation (including road/highways, rail, airports, and intelligent transportation systems), energy (including distribution, transmission, and smart grid), water resources management (including water treatment, distribution and collection), and safety and security. The mission will help U.S. businesses in initiating or expanding exports to Brazil, Colombia and Panama by making business-to-business introductions, providing market access information, and facilitating access to government decision makers.

See the entire list of 20 companies and learn more about the opportunities in each of these three export markets.

Building Exports in the Bluegrass State

Under Secretary S√°nchez (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 S√°nchez, Under Secretary of Commerce for International Trade

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

‚ÄúWe should remember that today‚Äôs world presents not just dangers, not just threats‚ÄĒit presents opportunity.‚ÄĚ This statement from President Obama‚Äôs 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.

ITA Under Secretary Promotes Manufacturing During Three-State Tour

Under Secretary Francisco Sanchez (center) meets with Jet Inc.‚Äôs President Ron Swinko (far left) and other staff at their manufacturing facility in Cleveland, OH as part of the ‚ÄúMade in America Manufacturing Tour.‚ÄĚ 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 S√°nchez commenced a four-city tour of American manufacturing cities to promote the benefits of strengthening America‚Äôs manufacturers and expanding U.S. exports to create jobs. This ‚ÄúMade in America Manufacturing Tour‚ÄĚ supports President Obama‚Äôs 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 S√°nchez met with company officials and toured the manufacturing facility of Bionix Development Corporation. Bionix was recently honored with the President‚Äôs ‚ÄúE‚ÄĚ 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.

S√°nchez then traveled to Cleveland, Ohio and held a forum at the City Club of Cleveland on the ‚ÄúResurgence of American Manufacturing.‚ÄĚ 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 ‚ÄúE‚ÄĚ Award winners.

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‚Äôs a fact:  the 100 largest metro areas in our country make up just 12 percent of land area‚ÄĒbut they make up 65 percent of our population and 75 percent of our nation‚Äôs 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.‚ÄĒfrom Asheville, N.C., to Green Bay, Wisc., to Yakima, Wash.‚ÄĒ 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‚Äôs National Export Initiative (NEI) goal of doubling U.S. exports by the end of 2014.

Acting Secretary Blank Talks Insourcing and Job Creation at Economic Development Forum

Acting Secretary Blank at International Economic Development Summit in Washington

Guest blog post by Dr. Rebecca Blank, Acting Secretary of the U.S. Department of Commerce

This morning, I joined economic development leaders from around the country to discuss ongoing efforts to create jobs and grow the U.S. economy. The Economic Development Forum was hosted by the U.S. Commerce Department’s SelectUSA initiative, in partnership with the White House Business Council and the International Economic Development Council (IEDC), the world’s largest professional organization of economic development practitioners.

The forum provided an opportunity to discuss the Obama administration’s efforts to support U.S. businesses and encourage companies to bring good jobs back to America, a trend called insourcing.

Both American and international firms are increasingly looking for opportunities to invest in the U.S. And businesses are not only choosing to bring jobs back, but they are also making decisions to expand here instead of shipping jobs overseas. These investments mean that more products will be made in America. That means more jobs and greater economic security for families across this nation.

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, S√£o 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 S√£o 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‚Äôs 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‚ÄĒthe 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.

‚ÄúComprehensive data from the first half of 2012 demonstrates that exports continue to be a bright spot for America and that we‚Äôre making historic progress toward the president‚Äôs goal of doubling U.S. exports by the end of 2014,‚ÄĚ said Acting U.S. Commerce Secretary Rebecca Blank. ‚ÄúDespite 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‚Äôs 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‚Äôs 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 S√°nchez take questions from local companies during a business round table event in Minneapolis.

Guest blog post by Francisco S√°nchez, 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‚Äôs 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‚ÄĒ$1 billion more than was spent in May 2011‚ÄĒmarking 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 ‚Äď 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.

Acting Secretary Blank Encourages Turkish Investment to Create American Jobs

U.S.-Turkey

U.S. Acting Commerce Secretary Rebecca Blank visited Istanbul today to meet with U.S. and Turkish business leaders to advance commercial and trade relations between the United States and Turkey. This is the first visit to Turkey by a U.S. Commerce Secretary in 14 years.
 
Acting Secretary Blank, along with U.S. Trade Representative Ron Kirk, are leading a delegation of senior U.S. Government officials, including representatives from the Department of State, the Department of Energy, the U.S. Trade and Development Agency, U.S. Export-Import Bank and the National Security Staff.
 
Throughout the meetings and events, Acting Secretary Blank highlighted President Obama and Prime Minister Erdogan's goal of elevating our commercial relationship with Turkey to the strategic level, contributing to the peace and prosperity of citizens of both countries and the world.
 
Acting Secretary Blank and Ambassador Kirk met with U.S. companies that are active in the Turkish market to hear their views on the commercial environment in Turkey, and learn how the U.S. government can help grow their businesses, and support jobs and growth in Turkey and in the United States.

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.

Enhancing Global Commerce Through The America Invents Act

Implementation of the America Invents Act--the most significant overhaul to U.S. patent law in more than a century--beyond our borders is an essential response to an evolving intellectual property terrain impacting our global economy. It is a terrain being shaped by cross-disciplinary technologies‚ÄĒfrom computers to mobile phones to life-saving drugs‚ÄĒthat are a growing part of everyday life. And that terrain continues to be shaped by our key trading partners around the world, including China.

These efforts are important in keeping the momentum toward meeting President Obama’s National Export Initiative (NEI) goal of doubling U.S. exports by the end of 2014, which will support millions of good-paying U.S. jobs. Under Secretary of Commerce for Intellectual Property and Director of the USPTO David Kappos recently met with China’s leading IP stakeholders, providing an overview of the significant changes to the U.S. patent system resulting from the agency’s ongoing implementation of the 2011 America Invents Act. He outlined the progress the USPTO is making in its implementation; the need for further harmonization of the world’s patent laws; and the benefits of a worksharing process that enables patent applicants to simultaneously pursue patent protection in multiple countries, known as the Patent Prosecution Highway, or PPH 2.0.

With an increasing emphasis on innovation in the U.S. and China, Kappos noted the importance of harmonizing our patent processes and advancing our worksharing initiatives‚ÄĒnot just to ensure the smooth and efficient operation of our respective IP systems, but also to cultivate and commercialize new technologies blooming in the labs of both countries.

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‚ÄĒin 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‚ÄďWare 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.

Europe Travel Log: Secretary Bryson Takes Key Meetings in Dusseldorf and Visits Training Facility in Berlin, Germany

Consul General Janice G. Weiner; Commerce Secretary John Bryson; NRW Economics Minister Harry K. Voigtsberger; U.S. Ambassador to Germany, Philip D. Murphy.

Following his visit to Paris, France earlier this week, U.S. Commerce Secretary John Bryson visited Dusseldorf, Germany on Wednesday, before taking off for Berlin. Secretary Bryson is in Europe this week to meet with government and business leaders, reaffirm the United States’ commitment to lowering trade barriers, and encourage European businesses to invest in the U.S.

In the morning, Secretary Bryson led a roundtable discussion with key members of the U.S. and German business community, including representatives from UPS, FedEx, and the American Chamber of Commerce, among others, as well as the Economics Minister of North Rhine Westphalia. The group discussed successes and challenges in trade and investment, as well as opportunities for continued cooperation and public-private partnerships, such as the Commerce Department partnerships with FedEx and UPS, to promote exports and build greater awareness of Commerce programs and initiatives to help small businesses. Secretary Bryson took the opportunity to encourage further German investment in the United States, highlighting the attractiveness of the investment climate and resources for potential investors, including SelectUSA, the first coordinated effort by the U.S. government to attract new business investments to America.

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‚Äôs ‚ÄúE‚ÄĚ Awards ceremony at the White House today. This morning, Commerce Secretary John Bryson and Deputy Under Secretary of Commerce for International Trade Michelle O‚ÄôNeill 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‚ÄĒthe largest group to receive the award in the past twenty years‚ÄĒwere honored at the ceremony, which marks the 50th annual ‚ÄúE‚ÄĚ Awards.

Winners of the 2012 ‚ÄúE‚ÄĚ 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‚Äôs ceremony, 35 are SMEs, 20 are manufacturers, and 17 are both.

‚ÄúE‚ÄĚ Award recipients contribute to the President‚Äôs 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‚Äôs 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.

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‚Äôs statement to mark World Trade Month, he discussed steps the Obama administration is taking to give ‚ÄúAmerican 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.‚ÄĚ 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 ‚Äúpartnering‚ÄĚ and ‚Äúleveraging‚ÄĚ 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 ‚ÄúJob Creation through Export Development: Innovative Manufacturing and Service Program‚ÄĚ of the World Trade Center of Greater Philadelphia (WTCGP). In 2010, the Commerce Department‚Äôs 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.

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‚Äôs 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‚Äďlike manufacturing jobs‚Äďpay 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.

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 ‚ÄúBuilding on the Progress in Turkish-American Economic Cooperation,‚ÄĚ 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, ‚ÄúLet‚Äôs do everything possible to usher in a long and prosperous era‚Äďas the bonds between our two nations continue to grow in the 21st century.‚ÄĚ

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‚Äôs rapidly expanding infrastructure sector, and promote investment opportunities in America ‚Äď 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.

‚ÄúThis mission builds on President Obama‚Äôs 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‚Äôt agree more,‚ÄĚ said Bryson. ‚ÄúI am looking forward to connecting American business leaders to new opportunities in India‚Äôs rising infrastructure sector, and encouraging Indian businesses and individuals to invest in and visit the United States. India is one of the world‚Äôs 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.‚ÄĚ  Full release

U.S.-Korea Trade Agreement Provides Opportunities for U.S. Export Businesses

Korea Trade Agreement Enters into Effect

The United States-Korea Trade Agreement (KORUS Agreement) enters into effect today, reducing tariffs on almost all U.S. industrial exports to South Korea and making it easier for U.S. exporters to successfully compete in the Korean market.

With the implementation of the KORUS Agreement, tariffs will immediately be eliminated on almost 80 percent of U.S. exports to Korea.

Tariffs will also be reduced on other industrial exports that are not made automatically duty-free‚ÄĒthe average tariff rate on U.S. industrial exports to South Korea will be reduced from 6.2 percent to 1.1 percent. Most remaining tariffs will be eliminated within 10 years. In addition, the KORUS agreement will eliminate tariffs on nearly two-thirds of all U.S. agricultural exports to Korea. The Commerce Department‚Äôs International Trade Administration (ITA) can help exporters figure out when tariffs on their products will be reduced or eliminated (PDF).

The KORUS agreement means more trade for U.S. businesses and more jobs for American workers. The tariff reductions give U.S. exports a competitive advantage in the Korean market, creating new opportunities for companies to do business in South Korea and providing opportunities to expand the reach of their businesses.

For example:

  • Zeeland Farm Services, Inc. (ZFS) is a family-owned and operated agricultural and transportation business with over 200 employees. ZFS was able to break into the Korean market in 2008, and their annual sales revenues in exports to Korea have been around the $5 million mark. The base tariff rates on ZFS‚Äôs product categories range from three percent for cottonseed exports to eight percent for soybean meal exports. Under the KORUS agreement, all of these tariffs would immediately drop to zero, giving ZFS a competitive advantage in the Korea market.
  • iWood Eco Design is a Louisville, Kentucky-based manufacturer of custom wood-framed sunglasses. The company currently pays an eight percent tariff on its exports to Korea, Under the KORUS agreement, these sunglasses will enter the country duty-free, immediately creating cost savings for the company. Expedited customs clearance commitments in the pending trade agreement would also facilitate greater access to international delivery services.
  • Pipe Line Development Company (PLIDCO), a Cleveland, Ohio-based manufacturer of pipeline repair and maintenance fittings, currently employs approximately 100 employees. International markets, including Korea and other Asian markets, comprise 74 percent of PLIDCO‚Äôs export revenue. PLIDCO currently faces tariffs of up to eight percent on its exports to the Korea. These tariffs will be eliminated under the KORUS agreement, enabling PLIDCO to better compete with other top exporters to Korea, including those from the EU and Iran.

The KORUS agreement is also an important step toward meeting President Obama’s National Export Initiative (NEI) goal to double U.S. exports by the end of 2014. This commitment to supporting exports is one way the Commerce Department is working to support an American economy that’s built to last.

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 ‚Äď one of the top ports in the country ‚Äď 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 ‚Äď on the second anniversary of the President‚Äôs National Export Initiative ‚Äď 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 ‚Äď one of the top ports in the country ‚Äď handles around 30 million tons of cargo and 400,000 containers annually. As the head of the U.S. Department of Commerce‚Äôs 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 ‚ÄĒ 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‚Äôs 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‚Äôs two-year anniversary ‚ÄĒ officially on March 12 ‚ÄĒ I‚Äôm 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 ‚ÄĒ 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‚Äô Metropolitan Policy Program released a report called ‚ÄúExport Nation 2012: How US Metropolitan Areas Are Driving National Growth.‚ÄĚ  

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 Security Council, and Departments of Agriculture, State, and Treasury, among other agencies.

The TPCC and EPC support the president‚Äôs 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‚Äôs 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‚Äôs 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‚Äôs 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‚Äďthrough direct loans, credit guarantees, and credit insurance‚Äďhave helped U.S. exports remain on target to meet the president‚Äôs 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.

Commerce and FedEx Team Up to Provide Opportunities for Exporters

U.S. Exports of Goods and Services: Percent Change from Prior Year

In his 2010 State of the Union address, President Obama set a goal of doubling exports by the end of 2014 ‚Äď an increase that will support two million additional jobs here at home. In a time when millions of Americans are out of work, boosting U.S. exports is a short-term imperative because exports support millions of good, high-paying American jobs. And for companies looking to expand, looking beyond our borders only makes sense because 95% of the world‚Äôs customers are outside our borders.

Since the President announced his goal, exports are up 33.5% and slightly ahead of the pace needed to achieve the National Export Initiative goal of doubling exports by 2014. Yet, even with that success, only 1% of businesses export and of those that do, 58% export to only one market. That is why the Department of Commerce‚Äôs U.S. Commercial Service has joined forces with several private sector vendors in the New Market Exporter Initiative.  This program provides companies with expert analysis of target countries, matchmaking services with vendors or distributors and help with logistics and shipping.

Those strategic plans are paying off. Today we begin a series highlighting private sector vendors and the manufacturers they are helping export to new markets.

FedEx works closely with the Commerce Department to support the National Export Initiative by reaching out to its customers, especially those in the manufacturing sector, who are best positioned to export.  Through its expansive outreach network, FedEx has seen firsthand how looking beyond our borders can breathe new life and new jobs into a business.  They know that exporting is no longer just a competitive advantage, but a means to survive this changing environment.

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.

‚ÄúIt‚Äôs 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,‚ÄĚ Bryson said today. ‚ÄúBut with your help, we can foster an environment where minority entrepreneurs, innovators and business leaders can do what they do best‚Äďcreate jobs.‚ÄĚ  

Working with Florida Businesses to Create an Economy Built to Last

S√°nchez speaking with Vaughn after a White House Hispanic Community Action Summit

Guest blog post by Francisco S√°nchez, 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‚Äôs agenda‚ÄĒthe 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.

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

S√°nchez speaking at LBA event in Miami

Guest blog post by Francisco J. S√°nchez, 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‚Äôs greatest resources, and are helping to pave the road to recovery. 

That‚Äôs 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.

Transatlantic Economic Council Discussions Highlight Need for Cooperation in Innovation and Regulatory and Standards Collaboration

Secretary Bryson joins his Cabinet colleagues and senior European Officials at the TEC meeting

On Tuesday, Secretary Bryson and other U.S. government officials had a valuable conversation with senior European Union (EU) leaders on ways to cooperate and achieve the Obama administration’s National Export Initiative (NEI) goals. Since the EU is America’s largest trading partner, they are key to meeting the ambitious goal of doubling exports by the end of 2014.

The economic relationship between the EU and the United States is the largest and most dynamic in the world. The combined gross domestic product accounts for more than $30 trillion ‚Äď roughly 40 percent of global GDP ‚Äď and more than 800 million consumers. In 2010, bilateral trade in goods and services surpassed $873 billion. With this relationship so vital, in April 2007 the Transatlantic Economic Council (TEC) was established to provide Cabinet-level political guidance for implementation of specific work programs like intellectual property rights protection and regulatory cooperation.

Tuesday’s discussions made it clear that both the United States and the EU recognize innovation to be the main driving force for continuing this economic success and creating more jobs. In his comments, Secretary Bryson noted that the innovations created through the partnerships of American and European companies can be a greater catalyst for new jobs than innovation done without such collaboration. The Commerce Department is currently working tirelessly in that vein, developing transatlantic links between companies and research centers.

Promoting Competitiveness in the U.S.-Mexico Relationship

S√°nchez on podium, gesturing

Guest blog post by Francisco J. S√°nchez, 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‚ÄĒevery 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‚Äô vantage point, Mexico is our third-largest trading partner. It‚Äôs our-second largest export market. And, in California alone, $21 billion in merchandise exports went to Mexico last year‚ÄĒ15 percent of the state‚Äôs total merchandise. 

Clearly, this partnership has been a key to the success of President Obama‚Äôs 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‚ÄĒand Mexico has obviously helped fuel this positive economic activity. 

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

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‚Äôm 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‚Äôs 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.

Pushing for Progress in the Middle East and North Africa

(Photo: ©  WEF)

Guest blog post by Francisco J. S√°nchez, Under Secretary of Commerce for International Trade Secretary, Department of Commerce

Recent events have reaffirmed just how extraordinary this period is for the Middle East and North Africa (MENA).  The Arab Spring has generated a lot of hope for people across the region. However, it‚Äôs also presented a number of questions that need to be answered, many of which center around economic issues like unemployment and slow growth. 

As the World Economic Forum (WEF) put it, ‚ÄúRecent shifts in the Arab world, coupled with an economic contraction at the global level, have created renewed urgency for decision-makers across the region to address the unfolding economic situation.‚ÄĚ

So, it’s fitting that, this past weekend, King Abdullah of Jordan hosted a WEF event to address job creation. World leaders gathered to discuss pressing issues including the advancement of youth and women, the impact of social media, and, of course, U.S.-Arab relations.

Our Biotech Trade Mission in China: Developing Prosperous Partnerships

S√°nchez, officials at DiaCarta signing ceremony

Guest blog post by Francisco S√°nchez, Under Secretary for International Trade, International Trade Administration

‚ÄúA journey of a thousand miles begins with one single step.‚ÄĚ

That‚Äôs 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‚Äôm 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.

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 policy 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 policy. Blank highlighted efforts by Obama administration initiatives aimed at creating jobs, increasing exports and securing America‚Äôs energy future. Topics at the forum included technology transfer and commercialization, public investment, procurement and policy, federal and state economic support for clean energy industries, and international collaboration on clean energy technologies.  Remarks

Acting Secretary Blank Meets with Travel and Tourism Advisory Board and Announces the Latest Data on International Visitation and Visitor Expenditures

This morning Acting Commerce Secretary Rebecca Blank met with key business leaders at the final meeting of the Commerce Department‚Äôs Travel and Tourism Advisory Board to discuss the President‚Äôs plan to create jobs across America, highlighting the essential role of the travel and tourism industry to American jobs and the American economy.  She announced that international visitors spent a record-setting $13.3 billion on travel to, and tourism-related activities within, the United States during the month of July ‚Äď $1.8 billion or 15 percent more than was spent in July 2010.

The travel and tourism industry accounts for 25 percent of exports in services and 7 percent of all U.S. exports. Travel and tourism is one the industries targeted to help grow jobs across America and achieve the goal of doubling exports through President Obama‚Äôs National Export Initiative (NEI).   The Board meeting highlighted collaboration between the federal government and the private sector to address policy issues to help increase legitimate international travel to the United States.

The United States Travel and Tourism Advisory Board is the premier source of industry advice to the Secretary of Commerce.  The Board has met five times throughout their charter term, providing industry input on travel facilitation, airport security, marketing, communications, research and data and energy policy. It has been rechartered and is accepting applications for the next board - deadline is Friday.

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

‚ÄúIt‚Äôs Brazil‚Äôs Time!‚ÄĚ  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 S√£o 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 S√°nchez, 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.

Acting Secretary Blank Tours Steel Facility in Warren, Ohio

 Acting Secretary Rebecca Blank Tours Thomas Steel in Warren, OH

Blank highlights Obama administration economic initiatives and new Commerce program designed to attract foreign investment, create jobs

Acting U.S. Commerce Secretary Rebecca Blank traveled to Warren, Ohio, today to tour Thomas Steel Strip Corporation, a member of the Tata Steel Europe Group and a manufacturer of cold-rolled strips usually used as steel casings for batteries. Thomas Steel employs more than 250 people.

After the tour, Blank discussed the importance of strengthening our education, infrastructure and innovation capacity as ways to rebuild our economic foundation, create jobs and enhance our global competitiveness. She also underscored the steps the administration has already taken to achieve these priorities‚Äďfrom investing in community colleges and funding transportation projects across the country, to launching the President‚Äôs National Export Initiative and pushing to shorten the time it takes to approve a patent. 

Blank also highlighted the significance of foreign direct investment (FDI), citing Tata Steel as an example of foreign companies whose investments the U.S. must attract more of to strengthen economic growth and job creation.  With FDI supporting more than five million American jobs, Blank discussed a new government-wide initiative, housed at Commerce‚ÄďSelectUSA‚Äďwhich seeks to cut federal red tape for domestic and foreign investors, remove barriers to new investment and boost business growth in the United States. 

Spotlight on Commerce: Jon Wright, Legislative Assistant in the Office of Legislative and Intergovernmental Affairs

Photo of Jon Wright

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.

Jon Wright is a Legislative Assistant in the Office of Legislative and Intergovernmental Affairs

My boss describes me as the office‚Äôs ‚Äúutility infielder,‚ÄĚ because I help the Assistant Secretary for Legislative and Intergovernmental Affairs manage Department-wide special projects as a legislative assistant in the Secretary‚Äôs Congressional and state government liaison office

During my time at Commerce, I have had a wide variety of responsibilities and experiences from responding to Congressional oversight inquiries to staffing a Congressional delegation led by Secretary Locke to South Korea to build support for the U.S.‚ÄďKorea Trade Agreement. The experience in government that impacted me most, however, was serving as a liaison to the Coast Guard Florida Incident Commander during the BP Deepwater Horizon oil spill where I advised him on handling the concerns of federal, state, and local elected officials.  It was my job to help ensure that the people who represent Floridians and Florida business owners were being heard. The response team and the administration were committed to addressing the economic and personal impacts of the spill, and I was proud to play a part in that.

The US-India Economic Partnership ‚Äď 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 Camu√Īez, Assistant Secretary of Commerce for Market Access and Compliance.

President  Obama has observed that ‚ÄúThe 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.‚ÄĚ

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‚Äôs 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 ‚Äď and Michigan ‚Äď 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‚Äôs 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‚Äôm 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‚Äôs 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.

Growing Exports with the New Market Exporter Initiative

NAM President and CEO Jay Timmons tours Muscatine Foods in Iowa with the chairman of the company, Gage Kent.

Guest blog by Jay Timmons, president and CEO of the National Association of Manufacturers.

The National Association of Manufacturers (NAM) and the Department of Commerce are working together to achieve President Obama’s goal of doubling exports by 2014. The New Market Exporter Initiative (NMEI) will make it easier for manufacturers to identify new markets, find new customers for their products and grow their business.

Exports are a key part of any competitiveness agenda. Ninety-five percent of the world’s consumers live outside of the United States. With the right tools and resources, manufacturers can increase their exports and find new customers.

Many of these manufacturers don‚Äôt have the resources to conduct extensive research on new possible export markets. Small and medium-sized firms, for example, account for 95 percent of all exporters in the U.S., yet only about one-third of all exports. The NMEI helps small and medium-sized manufacturers that are currently exporting to one or two countries expand their export sales to new markets. 

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‚Äôs 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‚Äôs 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‚Äôs Supplier Management Office to produce a webinar for U.S. aerospace companies that discussed how to participate in Boeing‚Äôs global supply chain.  In addition, ITA organized a webinar with Airbus procurement officials and over 200 companies where Airbus officials discussed the company‚Äôs 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.

Manufacturers Receive Presidential Award For Their Export Efforts

APS Biogroup Manufacturing Facility

Guest Blog Post by Laura Barmby, the Program Officer for the President‚Äôs "E" Awards.  In this capacity, she coordinates the submission and review of applications for this Presidential Award, working with an inter-agency committee.

Last month, Secretary of Commerce Gary Locke and Under Secretary Francisco S√°nchez presented 27 U.S. companies, organizations, and institutions the President‚Äôs "E" Award for Exporting.  The "E" Award is the highest honor presented to exporters and acknowledges the significant contributions of the recipients in supporting U.S. exports.  This year marks 50 years since the establishment of the program by President Kennedy in 1961.
 
In honor of our nation‚Äôs manufacturers, I wanted to highlight for you a few of the companies that received the award this year that manufacture unique products.  What caught my attention was that this year we have three winners who took a product found in nature and improved it through a manufacturing process to make a great new product.

Here are a few things these companies have in common:

  • All take something from nature and make it into a product to support health and nutrition
  • All invest back into research and product development
  • All create jobs

Think about the jobs created by these companies:  farmers, scientists, assembly and manufacturing support, shipping, distribution, marketing.

If you have a product or service that you would like to export, visit Trade.gov to find out how to contact your nearest U.S. Export Assistance Center.  With 108 centers nationwide, exporting help is right around the corner!

The More You Know: Key Statistics for Manufacturers and Exporters

Graphic of a spreadsheet overlaid with two charts

Economists, journalists, Wall Street executives and main street businesses as well as consumers look at a variety of economic indicators and data for information and to get a picture of how the economy is doing. The indicators above give us an idea of how our manufacturing sector is fairing in the turmoil of economic indicators that keep us on our toes every day.

Great sources for this information are right here within the Department of Commerce, through our Bureau of the Census (Business and Industry, Manufacturing) where we regularly release reports on sales, inventories, employment, job creation and capacity utilization.

Looking at today’s trade in goods and services numbers will show you a pretty good story about the state of America’s manufacturing sector. For instance, in the first four months of 2011, U.S. exports of manufacturing products increased by $56.9 billion (16.5 percent) to reach $401.4 billion up from $344.5 billion recorded in the first four months of 2010. Major growth categories by value in the first four months of 2011 include petroleum and coal products (up 66%), base chemicals (up 21%), nonferrous metal products (up 34.7%), motor vehicles (up 19%), and agricultural and construction machinery (up 25.4%).

To see where those exports are going, the International Trade Administration provides data and resources on trade statistics, including state and metro export data, profiles of exporting companies, as well as a nifty mapping tool that allows you to see the geographic reach of our exports by product or state. 

Information is golden and having the tools at your fingertips to sift through the relevant information and make sense of it yourself is a powerful advantage.

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‚Äôt 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‚Äôs 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.

Acting Deputy Secretary Blank Emphasizes Success of U.S.-Canada Trade

Acting Deputy Secretary Rebecca Blank Conversing with Members of the American Chamber of Commerce in Canada

Acting Deputy Secretary Rebecca Blank is in Ottawa, Canada today and gave remarks before the American Chamber of Commerce.   She discussed U.S.‚ÄďCanada commercial relations and how the free flow of goods and services results in huge economic benefits for both countries.  She also highlighted the benefits of creating jobs and economic growth on both sides of the border.

Increasing trade between the two countries will help reach President Obama‚Äôs National Export Initiative goal of doubling U.S. exports in 5 years.  To reach that goal, Blank emphasized that 2011 needs to be another banner year for U.S.-Canada trade.  In 2010, U.S. exports to Canada reached $248.8 billion.

In fact, the U.S.‚ÄďCanada economic relationship is unparalleled in the world.  We are each others‚Äô largest trading partners.

U.S. Tourism is Big Business at International Pow Wow

Chart showing growth in travel and tourism

Guest blog post by Francisco S√°nchez, Under Secretary of Commerce for International Trade

The U.S. Travel Association’s International Pow Wow is the travel industry’s premier international marketplace and the largest generator of USA travel.

The three-day event is action-packed and filled with pre-scheduled business appointments, with more than 5,000 attendees expected and international and domestic buyers and representatives from more than 70 countries will be attending. The business negotiations that take place result in the generation of more than $3.5 billion in future USA travel.  In other words, Pow Wow is a big deal. 

We at the Commerce Department have enjoyed a close relationship with Pow Wow for years and added the conference into the Department‚Äôs International Buyer Program in 2011. The International Trade Administration (ITA) recruited qualified buyers from all over the world to attend Pow Wow.  There are currently 1,135 international buyer delegates, including delegations from emerging markets like China and the Czech Republic, and 1,047 U.S. companies registered for the show this year.

Secretary Locke Takes New Markets, New Jobs Tour to Wilmington, Delaware

Secretary Gary Locke continued the New markets, New Jobs nationwide tour to its fourth city, Wilmington, Del., today where he gave remarks on the administration’s efforts to implement President Obama’s National Export Initiative (NEI). New Markets, New Jobs tour is an interagency, multi-city outreach campaign spearheaded by the Commerce Department, designed to help connect small- and medium-sized businesses with the resources they need to sell more of what they make overseas.

‚ÄúThe purpose of this nationwide trip is simple:  To help small and medium-sized American businesses sell more goods and services around the world, so they can create more jobs here at home,‚ÄĚ he said in his remarks. 

Locke was joined by U.S. Senator Chris Coons (D-DE), Governor Jack Markell, U.S. Small Business Administration Deputy Administrator Marie Johns, U.S. Department of Agriculture Acting Under Secretary Michael Scuse, and Export-Import Bank Board Member Diane Farrell.

New Markets, New Jobs kicked off in Minneapolis in February, made its second stop in Los Angeles in March and third stop in New Orleans in April before coming to Wilmington.  Businesses from Delaware exported $5 billion worth of goods in 2010 ‚Äď a 15-percent increase ($4.3 billion to $5.0 billion) from 2009. 

Read more

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

Report on ‚ÄúU.S. Trade in Private Services.‚ÄĚ

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

Today the Commerce Department and ESA released a brief report on ‚ÄúU.S. Trade in Private Services.‚ÄĚ 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‚Äôs 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 ‚Äútradable‚ÄĚ, especially in today‚Äôs 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. Aerospace Supplier and Investment Mission to Canada Generates $1.34 Billion in Commercial Deals

Image of NOAA plane

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

When people think of Canada they often think of hockey, moose, and cold weather, not aircraft.  In fact, Canada's aerospace industry is the fifth largest in the world ($22.2 billion in revenues in 2009) and the United States is Canada's largest supplier of aircraft parts and components.  Bombardier Aerospace, a Canadian manufacturer of commercial aircraft and business jets, has grown to be one of the top four aircraft manufacturers in the world, behind Boeing, Airbus, and Brazil‚Äôs Embraer.  Canada‚Äôs geographic proximity, open market economy and stable business climate make it an attractive market for U.S. aerospace companies.

To help U.S. companies take advantage of these export opportunities, I‚Äôm in Canada leading 21 companies on a three-day U.S. Aerospace Supplier and Investment Mission.  On the mission, we announced commercial signings worth $1.34 billion in U.S. contracts with Canadian aerospace firms, a figure representing over $800 million in U.S. export content.  

These newly signed commercial deals are a crucial part of our effort to strengthen the economy and will make an important contribution to manufacturing and job growth across the United States.

Secretary Gary Locke Takes Nationwide New Markets, New Jobs Tour to New Orleans to Help Small Businesses Export

Locke, Van de Werken and Landrieu

U.S. Commerce Secretary Gary Locke traveled to New Orleans, La. today for the third stop of New Markets, New Jobs: The National Export Initiative Small Business Outreach Tour. Locke was joined by New Orleans Mayor Mitch Landrieu and Export-Import Bank Board Member Diane Farrell.

Locke delivered keynote remarks at the event, where he spoke about the administration’s efforts to support President Obama’s National Export Initiative (NEI), which aims to double U.S. exports in five years in support of several million new jobs. The NEI enhances the U.S. government’s trade promotion efforts, increases credit to businesses looking to export, and continues to improve efforts to remove trade barriers for U.S. companies in foreign markets.

Locke also announced the department‚Äôs CommerceConnect Gulf Coast initiative to support economic development following the BP/Deepwater Horizon oil spill, and highlighted a forthcoming announcement from the Department‚Äôs Economic Development Administration of grants to the region totaling $1.85 million. Cross-trained CommerceConnect staff ‚Äď in collaboration with state and local partners ‚Äď can assist Gulf Coast businesses no matter where they are in their life cycle, whether just getting off the ground or looking to expand into overseas markets, providing a one-stop connection to business assistance that can help firms compete in the global economy. 

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‚Äôs 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‚Äôs 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.

See video
Read the transcript: 
Exporting: A Personal Tale

Last Day to Apply for Commerce Department Trade & Investment Program to HANNOVER MESSE 2011

Hannover Messe

From April 3-8, 2011, the U.S. Department of Commerce's Economic Development Administration (EDA) and International Trade Administration (ITA) will travel to Hannover, Germany to help lead a U.S. Trade & Investment Program to HANNOVER MESSE 2011, the world's largest industrial technology showcase.  By leading regional business clusters abroad, the Department of Commerce is supporting the Obama administration‚Äôs National Export Initiative (NEI) and working to attract U.S. Foreign Direct Investment (FDI), by giving participating communities the opportunity to promote their regions as ideal locations to do business.

HANNOVER MESSE 2011 will provide the industrial community the opportunity to promote business initiatives in 13 industries ‚Äď Industrial Automation; Motion, Drive & Automation; Energy; Power Plant Technology; Wind; MobiliTec; Digital Factory; ComVac; Industrial Supply; CoilTechnica; SurfaceTechnology; MicroNanoTec; and Research & Technology.

U.S. program participants will consist of state and local government officials focused on economic development, university officials engaged in economic development, and other non-profit economic development practitioners.  Today is the last day to apply to participate in the program. 

Get additional information about registration fees and how to apply for the U.S. Trade & Investment Program to HANNOVER MESSE 2011.

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‚Äôs 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‚Äôs 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, ‚ÄúThis trade mission was a resounding success.  For some companies on our trip, ‚Äėsuccess‚Äô 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.‚ÄĚ

On Friday morning, Secretary Locke met with the executive committee of the U.S- India Importers‚Äô 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‚Äôs National Export Initiative, and to support the efforts of Indian companies that import products from the U.S.
 
Locke then visited Mumbai‚Äôs 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‚Äôs labeling and sorting methodology and the dispatch process. Dabbawala‚Äôs 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‚Äôs weeklong ‚ÄúIndia High Tech Business Development Mission‚ÄĚ 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 ‚Äúmiddle class‚ÄĚ 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‚Äôs business center today for the final stop of his high-technology trade mission to India ‚Äď which he announced during President Obama‚Äôs 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 security, and information and communications technology to India. Locke is the first Cabinet secretary to travel to India after President Obama‚Äôs 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.

‚ÄúIf India continues its walk down ‚Äėthe path of reform,‚Äô if it continues to become more open to the investments and the innovations of foreign companies ‚Äď like the 24 companies I have with me this week ‚Äď 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,‚ÄĚ said Secretary Locke. ‚ÄúWe'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.‚ÄĚ

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.

Secretary Locke Announces 47 Percent Trade Surplus in the Travel and Tourism Industry

Secretary Locke convenes travel and tourism advisory committee

At a meeting of the Commerce Department’s Travel and Tourism Advisory Board today, Commerce Secretary Gary Locke announced a 47 percent surge in the travel and tourism trade surplus in 2010; the surplus now exceeds $28 billion. The United States welcomed more than 55 million international visitors during the first 11 months of 2010, 11.4 million more visitors than the year before. While international visitation increased 10 percent, international visitor spending increased 11 percent to $122.7 billion. The travel and tourism industry employs nearly 8 million people across the United States.

During the meeting, Locke discussed the progress made on the president’s National Export Initiative, which aims to double exports by 2015 in support of several million U.S. jobs. Through November 2010, total U.S. exports were up 17 percent, and travel and tourism is on track to contribute to significant export growth.

‚ÄúTravel and tourism continues to be one of the bright spots in the U.S. economy,‚ÄĚ said Locke. ‚ÄúWith a $28.3 billion trade surplus in the first 11 months of 2010, this industry has a huge role to play in helping our country answer President Obama‚Äôs call to double our exports by 2015 and win the future.‚ÄĚ

The Board consists of 30 industry leaders from the travel and tourism industry who are appointed to advise Secretary Locke on matters relating to the industry and provide policy recommendations.  The Board was re-chartered in September 2009, and the current term will expire on September 3, 2011. 

Members of the Travel Facilitation Working Group presented a letter to Secretary Locke with 10 recommendations that address key visa and customer service issues, with the goal to increase the number of overseas international visitors to the U.S. to meet the current forecast of 36.7 million visitors by 2015, supporting job creation. |  Remarks

Laying a Foundation to Double Our Exports, Increase Competitiveness

Today Secretary Locke wrote an op-ed posted in The Hill with a focus on how the administration and the Commerce Department are working to increase America's global competitiveness and create U.S. jobs by selling more American-made goods and services around the world.

Cross posted at The Hill

**********

As 2011 begins, the American economy is stronger than at any time since the Great Recession began in December 2007.

Retail sales just had their strongest quarterly gain since 2001. Private sector employment grew every single month in 2010, with the manufacturing sector posting its first increase in annual employment since 1997.

These are strong indications that the steps President Obama took to foster economic recovery are working ‚ÄĒ beginning with the Recovery Act and continuing through the December 2010 tax-cut package.

But that‚Äôs not to suggest that anyone within the administration or the Commerce Department is satisfied ‚ÄĒ not with unemployment still over 9 percent.

As we move forward, policymakers should remember that the most important contest is not between Democrats and Republicans, but between America and countries around the world that are competing like never before for the jobs and industries of the future.

Making the U.S. more competitive will require us to focus on two things: supercharging innovation and selling more American-made goods and services around the world, so that U.S. firms can hire more workers and reinvest in the research and development they need to keep growing.

Although the private sector will take the lead on innovation, we can’t forget that the government has always had an important, supportive role to play, and the Commerce Department is engaged in a variety of areas.

Commerce Secretary Locke Delivers Opening Remarks at the U.S.-China Economic and Trade Cooperation Forum in Chicago

U.S. Commerce Secretary Gary Locke delivered the opening address at the U.S.-China Economic and Trade Cooperation Forum with the Chinese Minister of Commerce, Chen Deming.  The Forum is jointly hosted by the Chicago Council on Global Affairs and the China Council for the Promotion of International Trade. 

Representing the Obama administration for Chinese President Hu Jintao‚Äôs visit to Chicago, Locke highlighted the progress that the United States and China have made to strengthen the bilateral relationship, emphasizing the benefits of Chinese foreign direct investment in the U.S. on the American economy.  He also reiterated the concerns that American business leaders continue to express about the commercial environment in China. 

While in Chicago, Locke also attended a dinner hosted by Chicago Mayor Richard Daley in honor of President Hu.  Remarks

Secretary Locke to Lead 24 U.S. Businesses on High-Tech Trade Mission to India

Twenty-four U.S. businesses will join Commerce Secretary Gary Locke for a business development mission to India on February 6-11.  The businesses joining the trade mission are based in 13 states across the country and more than half of them are small- and medium-sized companies.

The delegation, which also includes senior officials from the Export-Import Bank (EX-IM) and the Trade Development Agency (TDA), will make stops in New Delhi, Mumbai and Bangalore, where Locke will highlight export opportunities for U.S. businesses in the advanced industrial sectors, of civil-nuclear trade, defense and security, civil aviation, and information and communication technologies. Locke accompanied President Obama to India in November, where they witnessed more than $10 billion in business deals between U.S. companies and Indian private sector and government entities, supporting 50,000 American jobs.

‚ÄúExports are leading the U.S. economic recovery, spurring future economic growth and creating jobs in America,‚ÄĚ Locke said. ‚ÄúThe business leaders joining me on this mission see the great potential to sell their goods and services to India, helping drive innovation and create jobs in both countries.‚ÄĚ

The India business development mission will help build on the exporting success U.S. companies had 2010 ‚Äď up 17 percent compared to the same period in 2009. It will be Locke‚Äôs second trade mission as Commerce Secretary; in May, he led a clean energy business development mission to China and Indonesia.

Secretary Locke Delivers Remarks at CES to Highlight Administration’s Efforts to Promote Innovation, U.S. Exports

Locke at booth inspecting new devices and equipment

Commerce Secretary Gary Locke visited the Consumer Electronics Show (CES) today, where he delivered remarks on the Obama administration‚Äôs efforts to foster innovation and the President‚Äôs National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs. 

Locke also discussed Commerce‚Äôs International Buyer Program (IBP), a key component of the Department‚Äôs export promotion effort. The IBP matches international buyers with U.S. companies that want to export. The Program recruited 34 delegations, consisting of 700 delegates from key markets such as China, Brazil, Vietnam, and Indonesia, to this year‚Äôs show ‚Äď an increase of over 30 percent from the 2010 show.

During the CES, Locke also visited the booths of some small- and medium-sized businesses that have increased their sales to foreign markets with the help of the Commerce Department.

The CES is an annual event hosted by the Consumer Electronics Association, the preeminent trade association that represents more than 2,000 businesses to promote growth in the consumer technology industry.  This year‚Äôs CES has more than 2,500 small- and medium-sized businesses showcasing their products and services, as well as presentations by key industry leaders, such as Microsoft, Ford and Verizon.  Remarks

Secretary Locke to Visit the Consumer Electronics Show

Photo Credit: Consumer Electronics Show

Secretary Gary Locke will visit the Consumer Electronics Show (CES) in Las Vegas Thursday where he will discuss the Obama administration’s efforts to foster innovation and the President’s National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs.

The Consumer Electronics Show is taking part in Commerce‚Äôs International Buyer Program ‚Äď a key component in reaching President Obama‚Äôs exports goal. Jointly created by the Commerce Department and industry groups, the International Buyer Program (IBP) matches international buyers with U.S. companies that want to export.  In Las Vegas, the IBP has recruited to the show's 34 delegations, consisting of 700 delegates, from key markets such as China, Brazil, Vietnam, and Indonesia ‚Äď an increase of over 30 percent from the 2010 show.

Here‚Äôs how it will work: Foreign trade specialists work with both the Consumer Electronics Association and Department of Commerce domestic trade specialists to identify U.S. companies exhibiting at the show whose technology is attractive to foreign buyers.  These specialists then set up meetings at the show between the buyers and American sellers.  Additionally, U.S. companies will be able to meet with the foreign trade specialists to get information about doing business in markets abroad.

Commerce, NAM and FedEx Join Forces to Boost U.S. Exports

Commerce Department, National Association of Manufacturers, Fedex Join Forces to Boost U.S. Exports

Secretary Locke joined by Sureesh Kumar, Russell Fleming and Gov. John Engler pose after the NMEI press conferenceU.S. Commerce Secretary Gary Locke joined Governor and President of the National Association of Manufacturers (NAM) John Engler and FedEx officials today at the Commerce Department to announce a new partnership that will help increase U.S. exports and create jobs in America. NAM, the nation’s leading manufacturing association, is the first industry organization to launch the Department’s New Market Exporter Initiative (NMEI), which will bolster President Obama’s National Export Initiative (NEI) by identifying NAM members and FedEx customers who already export and helping them expand to new international markets by connecting them with Commerce Department trade specialists.

Commerce, NAM and FedEx will work with businesses to identify key markets, build market-entry strategies and provide the guidance needed to take high-quality products and services from the U.S. to global markets ‚Äď building their businesses, increasing American exports and supporting new jobs at home. Small- and medium-sized companies interested in expanding into new markets will have access to the free resources and tools available through a nationwide network of international trade experts and global shipping specialists. Activities to build awareness will include outreach at trade shows, direct mail campaigns and online registration for resource support.

‚ÄúWe know that American businesses produce world-class goods and services,‚ÄĚ Locke said. ‚ÄúWhat we can improve is connecting those businesses to the 95 percent of the world's consumers living outside our borders. This partnership with the National Association of Manufacturers will do just that ‚Äď helping to link manufacturers, especially small- and medium-sized firms, with new markets abroad.‚ÄĚ

Manufacturers play a key role in exports with two-thirds of all manufactured goods contributing to overall exports. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs.

Commerce Department’s Clean Technology Trade & Investment Mission Moves to Brussels, Belgium

U.S. Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan (right) meets with U.S. Ambassador to Belgium, Howard Gutman at the Ambassador‚Äôs residence during the U.S. Cleantech Trade and Investment Mission to Belgium.U.S. community and business delegates participating in the joint U.S. Economic Development Administration (EDA)/International Trade Administration (ITA) Clean Technology Trade & Investment Mission moved on to Brussels, Belgium on Thursday after spending three very productive days exploring opportunities to increase exports and attract foreign direct investment in the United States while in Lyon, France at Pollutec, a tradeshow that featured the world's leading international exhibit for the environment and sustainable development markets. 

Upon arriving in Brussels, the delegation participated in a reception hosted by U.S. Ambassador to Belgium, Howard Gutman at the Ambassador‚Äôs residence.  The event, hosted by the American Chamber of Commerce Brussels (AmCham) and Xerox gave the delegates an opportunity to make important international connections with companies involved in the clean technology sector.

Ambassador Gutman; AmCham President Scot Beardsley; EDA Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan; and Xerox Director of Global Services Phillipe Janssens addressed the delegation during the function.

Secretary Locke speaks to the Federation of Indian Chambers of Commerce and Industry and the American Chamber of Commerce in New Delhi

Delivering remarks at a business innovation-focused event hosted by the Federation of Indian Chambers of Commerce and Industry and the American Chamber of Commerce in New Delhi today, Commerce Secretary Gary Locke discussed the economic opportunities that would result from a closer relationship between the U.S. and India, and underscored the importance of mutually beneficial, job-creating trade between the two nations.

Locke also announced the launch of a U.S.-India Energy Cooperation Program, a partnership that brings together U.S. and Indian companies and our two governments to focus on specific projects and initiatives that will develop the clean energy marketplace and help realize its potential within India. He gave particular thanks to the U.S. Trade Development Agency and its director, Lee Zak, for making the program a reality and for providing the support necessary to get the first two projects off the ground.

On Saturday at the U.S.-India Business and Entrepreneurship Summit in Mumbai, Locke announced he will lead a high-tech trade mission to India. The February 6-11, 2011 business development mission will promote the export of high-technology products from leading U.S. firms and make stops in New Delhi, Mumbai, and Bangalore. The second trade mission led by Locke, it will highlight export opportunities for U.S. businesses in a broad range of advanced industrial sectors, including civil-nuclear trade, defense and security, civil aviation and information and communication.

Remarks

Secretary Locke Speaks at U.S.-India Business and Entrepreneurship Summit, Announces Forthcoming Trade Mission to India

Delivering remarks at the U.S.-India Business and Entrepreneurship Summit in Mumbai today, Commerce Secretary Gary Locke discussed ways the U.S. and India can work together to promote trade that creates opportunity and jobs in both nations.

Locke remarked on the potential for a bilateral clean energy partnership, as well as the opportunities for American companies to help meet India’s healthcare and infrastructure needs.

At the Summit, Locke announced he will lead a high-tech trade mission to India. The February 6-11, 2011 business development mission will promote the export of high-technology products from leading U.S. firms and make stops in New Delhi, Mumbai, and Bangalore. The second trade mission led by Locke, it will highlight export opportunities for U.S. businesses in a broad range of advanced industrial sectors, including civil-nuclear trade, defense and security, civil aviation and information and communication.

Exports represent a critical part of the economy and are a key component of the Obama administration‚Äôs efforts to spur new job creation. Earlier this year, President Obama outlined his National Export Initiative (NEI), which seeks to double exports by 2015, in support of several million new U.S. jobs. The NEI enhances the U.S. government‚Äôs trade promotion efforts, increases available credit for businesses ‚Äď especially small and medium-sized businesses ‚Äď looking to export and continues to improve efforts to remove trade barriers for U.S. companies in foreign markets. Remarks

Secretary Locke Speaks with Silicon Valley Leadership Group on Obama Administration's Efforts to Foster Innovation

U.S. Commerce Secretary Gary Locke delivered remarks at the Silicon Valley Leadership Group (SVLG)’s annual luncheon today, emphasizing the steps the Obama administration has taken to turn around the U.S. economy and create jobs. Locke stressed the administration’s efforts to build a stronger foundation for long-term growth and prosperity by investing in research and development, a 21st century infrastructure and manufacturing, and underlined Silicon Valley’s role as the epicenter of technological innovation.

Sec. Locke wanted it to be known that ‚Äúwhen it comes to new ideas, our only criterion is efficacy. It doesn‚Äôt matter if they come from the left or the right, the boardroom or academia. We simply will not rest until every American who wants a job can find one.‚ÄĚ

Locke emphasized that President Obama’s proposed 2011 budget, while freezing domestic discretionary spending overall, actually increases funding for civilian R&D by nearly 6 percent. Also, he noted President Obama’s support a new business tax cut that will allow small businesses to deduct the full amount of new capital investments immediately.

Locke also highlighted President Obama’s National Export Initiative (NEI), which aims to double U.S. exports over the next five years in support of several million American jobs. The NEI will provide more funding, more focus and more Cabinet-level coordination to increase U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his Cabinet.

Remarks

Secretary Locke and U.S. Rep. Scott Murphy Highlight New York Project Bringing Jobs and Economic Development to the Region

Secretary Locke listens to Rep. Scott Murphy speak about the importance of the GlobalFoundries new facilityCommerce Secretary Gary Locke joined U.S. Rep. Scott Murphy today in Malta, New York to hear from executives at GlobalFoundries, one of the world's largest independent semiconductor foundries. Locke and Murphy highlighted the impact GlobalFoundries has had on economic development in New York‚Äôs Tech Valley and heard firsthand about the company‚Äôs progress on the development of its new factory ‚Äď the largest project of its kind in the United States.

The Fab 8 project is the result of a public-private partnership and will create thousands of jobs in the local community and throughout New York state. The factory will be the most advanced semiconductor fabrication plant in the world, helping to position the United States as a leader in the technology-based economy.

Founded in 2009, GlobalFoundries is creating good-paying jobs in New York through the construction and development of its new facility. The company is also committed to growing U.S. exports, a key component of President Obama’s National Export Initiative, which aims to double U.S. exports over the next five years in support of several million American jobs.

Secretary Locke Keynotes AdvaMed 2010 Conference

Locke on podium during remarksSecretary Gary Locke addressed national and international medical device and technology leaders today at the AdvaMed 2010 Medical Technology Conference at the Washington Convention Center in Washington, D.C. In his keynote remarks, he discussed the Commerce Department's efforts to expand exports of medical devices and technologies and grow U.S. jobs.

‚ÄúEach new medical discovery creates and sustains demand for further innovations, which fuel our national health, prosperity and productivity, and contribute to global well-being,‚ÄĚ Locke said.

He also acknowledged the important work being done to cultivate industries and lines of scientific discovery that provide long-term benefits to society, spur sustainable innovation and create jobs and new businesses.

AdvaMed is the world‚Äôs largest medical technology association, with diverse member companies that produce medical devices, diagnostic products and health information systems.  Other conference keynote speakers included U.S. Rep. Erik Paulsen of Minnesota, CBS Evening News anchor Katie Couric, Centers for Medicare and Medicaid Services Administrator Dr. Donald Berwick, and U.S. Food and Drug Administration Commissioner Dr. Margaret Hamburg. Remarks

Secretary Locke and USTR Ambassador Kirk Travel to Memphis to Discuss Exports and the Economy

Secretary Locke shaking a Fed Ex worker's hand

Locke, Kirk joined by FedEx officials and local businesses to highlight President Obama’s National Export Initiative

U.S. Commerce Secretary Gary Locke and U.S. Trade Representative (USTR) Ron Kirk are visiting the Memphis, Tenn. area this week to meet with local businesses and discuss the opportunities and challenges of exporting. Locke and Kirk toured the FedEx Express Super Hub on Tuesday night where each day, millions of packages are moved through the hub to reach over 220 countries and territories around the world.  They also held a rountable discussion on exports and the economy with small- and medium-sized businesses today to discuss President Obama‚Äôs National Export Initiative (NEI) and how it can help U.S. companies sell more of their goods and services overseas and support the creation of American jobs.

The NEI aims to double U.S. exports over the next five years while supporting two million American jobs. It will provide more funding, more focus and more Cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his Cabinet.  Remarks

Secretary Locke Announces Grants to Boost Exports and Promote U.S. Competitiveness

Export GrantsToday U.S. Commerce Secretary Gary Locke announced more than $1.7 million in grants to support projects that increase U.S. exports, create jobs and strengthen our global competitive edge.  The grants will be awarded to five non-profit industry organizations and are expected to generate $265 million in U.S. exports. 

These awards are part of Commerce’s Market Development Cooperator Program (MDCP), which includes financial and technical assistance from the International Trade Administration to support business plans that help increase exports and U.S. competitiveness within certain industries. Projects receiving funding include efforts to increase exports among small manufacturers of water treatment equipment and independent film makers.

‚ÄúThese funds will help U.S. firms compete globally so they can sell more of their goods and services abroad and create jobs here in the U.S.,‚ÄĚ Locke said. ‚ÄúThe [Market Development Cooperator Program] is a good example of how public-private sector partnerships can leverage limited public resources to help small- and medium-sized businesses expand their exports to compete in the global marketplace.‚ÄĚ 

These cooperative agreements help to further President Obama’s National Export Initiative, which aims to double U.S. exports within the next five years in support of several million U.S. jobs.

See the five recipients of the 2010 Market Development Cooperator Program awards.

Learn more about the Market Development Cooperator Program.  |  Release

Secretary Locke Announces Initiative to Keep Internet Open for Innovation and Trade at Cybersecurity Forum

Secretary Locke speaking at cybersecurity forum in GeorgetownSpeaking today at the 5th annual Online Trust and Cybersecurity Forum at Georgetown Univeristy, Secretary Locke announced the official launch of an initiative aimed at preserving the global, free flow of information online to ensure that the Internet remains open for commercial opportunity and innovation. This initiative coincides with President Obama's message today in his speech at the U.N. General Assembly in which he reinforced America's commitment to "a free and open Internet."

The Commerce Department is seeking public comment on the extent to which evolving policies from governments around the world may be restricting information on the Internet and inhibiting innovation and economic growth for U.S. companies. The request will seek input from all stakeholders to better understand the types of emerging government policies that restrict online information, how they are adopted, and what impact they have on innovation, job creation, economic development, global trade and investment.


Secretary Locke Delivers Keynote Address on the Economy at 128th Meeting of Greater Seattle Chamber of Commerce

Alternate TextU.S. Commerce Secretary Gary Locke was in Seattle today speaking with small- and medium-sized businesses about exports and the economy. Afterwards he delivered the keynote address at the annual meeting of the Greater Seattle Chamber of Commerce.

Secretary Locke discussed the progress made and the next steps for President Obama's National Export Initiative (NEI). He also addressed how it is helping to lay the groundwork for sustainable economic growth in Washington state, the nation's most trade-dependent state, and across the country. His remarks today are only one day after he and his colleagues on the Export Promotion Cabinet delivered a detailed report to the president laying out recommendations for how to double U.S. exports.

‚ÄúYesterday, at the president‚Äôs newly-constituted Export Council ‚Äď chaired by Jim McNerny, CEO of Boeing ‚Äď we announced that our renewed focus on trade promotion has contributed to an 18 percent increase in U.S. exports so far in 2010 over the same period last year.

  • U.S. exports of manufactured goods so far in 2010 have risen by 22 percent. U.S. agricultural exports this year are projected to be the second-highest amount ever, with a trade surplus of $30 billion.

These increases are having an impact on the economy: Exports contributed to GDP growth for just as much as domestic consumption in each of the four quarters of recovery."

Exports growth is also impacting employment. Since January, Commerce’s Advocacy Center, in close coordination with the State Department and other agencies, has helped U.S. companies successfully compete for contracts with foreign governments supporting an estimated $11.8 billion in U.S. content. These deals alone support an estimated 70,000 jobs. “

Learn more about the National Export Initiative and read Secretary Locke‚Äôs complete remarks.  |  Press release  |  NEI website

White House Releases Report on National Export Initiative

President with members of PECToday the White House released a report to the president on the National Export Initiative (NEI). It detailed the way the Export Promotion Cabinet plans to meet the president’s goal of doubling U.S. exports in five years to support millions of new jobs.

Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.8 billion in U.S. exports and an estimated 70,000 jobs. To date, the Commerce Department has coordinated 20 trade missions with over 250 U.S. companies to 25 countries.

Expanding into new markets is key for America‚Äôs growth as Commerce Secretary Gary Locke said today, ‚ÄúAs American consumers spend a little less and save a little more, it has never been more important to connect U.S. businesses to the 95 percent of the world's consumers who live outside our borders. Helping American companies sell more abroad will create jobs and boost our economy. This report is a blueprint for doing just that.‚ÄĚ 

For more information, read the complete NEI report, the executive summary and the press release.  See  the International Trade Administration's NEI website.  |  NEI meeting video

Secretary Locke Speaks at the Virginia Summit on Export Opportunities

U.S. Commerce Secretary Gary Locke - joined by Senator Mark Warner and Export-Import Bank President Fred P. Hochberg - today delivered the keynote address at the Virginia Summit on Export Opportunities in Richmond. Locke highlighted President Obama's National Export Initiative (NEI) and gave an update on the NEI, and its goal of doubling exports and supporting several million jobs over the next five years.

The Summit focused on ways in which the federal government can coordinate with local government and private-sector partners to promote trade and export opportunities in Virginia. In 2009, Virginia companies exported more than $15 billion of merchandise overseas, up from $2.8 billion in 2005. 18.1 percent of manufacturing jobs in Virginia depend on exports.

President Obama announced the NEI during his State of the Union earlier this year. The NEI will provide more funding, more focus and more cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his cabinet. NEI site: http://export.gov

Exports remain an integral part of the U.S. economy. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs. In the first four months of 2010, exports grew almost 17 percent compared to the same period last year.  Remarks

Secretary Locke Discusses Export Control Reform at 23rd Annual Bureau of Industry and Security Update Conference

Locke on podiumSecretary Gary Locke addressed the annual conference to discuss reforms to the U.S. export control system that will strengthen national security and improve the competitiveness of key U.S. manufacturing and technology sectors. In addition, President Barack Obama delivered a recorded statement about the administration‚Äôs efforts to reform the export control system.  Remarks  |  BIS 2010 Update website

Secretary Locke Addresses Exports, Economic Growth and Job Creation with Minority Businesses

Secretary Locke talks at MED Week

On the final day of the National Minority Enterprise Development (MED) Week Conference hosted by the Commerce Department’s Minority Business Development Agency (MBDA), U.S. Commerce Secretary Gary Locke addressed minority business owners, government officials and corporate representatives and officially opened a Business-to-Business Expo Hall.

Locke discussed President Obama‚Äôs National Export Initiative (NEI) and how minority businesses can become more competitive and increase job creation and economic growth by participating in the global marketplace. Minority businesses already export twice as much as the average business, as they often have existing cultural, family or business ties to foreign countries. The NEI seeks to build on that, with a goal of increasing the number of small-, medium- and minority-owned businesses exporting to more than one market by 50 percent over the next five years.

Following his remarks, Locke officially opened and toured the Business-to-Business Expo Hall, which includes exhibit booths and one-on-one matching services with more than $20 billion in opportunities for minority businesses. The expo also offers 20-minute power-learning sessions conducted by public- and private-sector partners.

The MED Week Conference wraps up Friday night with the Awards Gala. U.S. Commerce Deputy Secretary Dennis Hightower will highlight the impact of minority-owned firms on the global economy and thank the MED Week award winners for their hard work.   Remarks

Minority Business Development Agency Kicks Off National Minority Enterprise Development Week Conference

Conference to help expand global reach for minority-owned firms

Alternate TextToday Commerce's Minority Business Development Agency (MBDA) kicked off the 28th annual National Minority Enterprise Development (MED) Week Conference in Washington, D.C.  The week-long conference focuses on ‚ÄúStrategies for Growth and Competitiveness in the Global Economy.‚ÄĚ

The MED Week conference helps minority-owned firms grow domestically and globally through a series of educational, training and business-to-business networking events. Throughout MED Week, nearly 1,500 minority business owners, government officials and corporate representatives will hear about President Obama’s National Export Initiative and develop the skills to become export-ready. They will also have the chance to participate in sessions on opportunities for minority-owned firms in federal contracting and Haiti reconstruction, among others. The week will wrap up with an awards gala to honor excellence in minority-owned firms.

MBDA and National Director David Hinson will welcome several speakers to this week’s conference, including: U.S. Commerce Secretary Gary Locke, Administrator of the Small Business Administration Karen G. Mills, U.S. Deputy Commerce Secretary Dennis Hightower, Under Secretary of Commerce for International Trade Francisco Sánchez, Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office David Kappos, and Assistant Secretary of Commerce for Economic Development John Fernandez.

MBDA is focused on helping minority-owned firms grow their businesses domestically and globally to foster job creation and economic growth. For more information about the conference and a video of National Director Hinson at MED Week, visit http://www.medweek.gov.  |  Conference details and more  | USPTO Kappos's remarks

Secretary Locke Visits Louisville to Highlight Partnership Designed to Boost U.S. Exports

Locke discusses Commerce resources available to U.S. companies to help grow business and create jobs

Secretary Locke at Podium with UPS OfficialsToday Secretary Locke visited the UPS Global Operations Center in Louisville, Ky., to highlight opportunities for local Kentucky businesses to sell their goods and services abroad and support job creation in their community. Locke toured the facility and held a discussion with local business owners on how the Commerce Department can help them grow their businesses and create jobs. Expanding on an existing partnership, UPS has joined with the Commerce Department to identify new markets for current exporters and potential candidates to expand their exports with the help of Department resources through the New Market Exporter Initiative.

Commerce’s partnership with UPS is one way the Department is working to achieve the goals of President Obama’s National Export Initiative (NEI), which aims to double U.S. exports over the next five years in support of 2 million American jobs. Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.4 billion in exports and an estimated 70,000 jobs. The Department’s commercial service officers stationed around the world have helped more than 2,000 companies generate $3.8 billion worth of exports. To date, the Commerce Department has coordinated 18 trade missions with over 160 companies to 24 countries.

Joining Locke at for the discussion were Larry Hayes, Secretary of the Kentucky Cabinet for Economic Development, Scott Casey, Vice President of Legal & Public Affairs for UPS, and Jerry Plappert, Vice President of Corporate Development for CECO Environmental and Chair of the Kentucky District Export Council. | Read more | Remarks

Commerce Secretary Locke, Postmaster General Potter Launch New Initiative to Boost U.S. Exports

Locke and Potter shaking handsResponding to President Obama‚Äôs call to double exports in the next five years, U.S. Commerce Secretary Gary Locke and U.S. Postmaster General John Potter announced the launch of a new initiative between the Commerce Department and the United States Postal Service (USPS) that will help boost U.S. exports. The New Market Exporter Initiative (NMEI) will identify current USPS customers who are exporting their goods and services abroad, and help expand their reach to additional international markets. The announcement expands a strategic partnership formed in 2008 between the two entities.   Read more

Secretary Locke Joins President Obama to Announce Members of the President’s Export Council, Provide Progress Report on National Export Initiative

U.S. Secretary of Commerce Gary Locke joined President Barack Obama and Jim McNerney ‚Äď chairman, president & CEO of The Boeing Company and chair of the President‚Äôs Export Council - today at the White House to announce members of the President‚Äôs Export Council. During his speech, the president provided a progress report on the National Export Initiative (NEI), which shows that the president‚Äôs goal of doubling exports and supporting several million new jobs over five years is on track, and that exports in the first four months of 2010 grew almost 17 percent from the same period last year. While introducing the president, Locke said that

‚Äúwe must reinvest in innovation and do a better job of connecting U.S. companies with the 95 percent of the world‚Äôs consumers who live outside our borders. That‚Äôs where the National Export Initiative comes in. It‚Äôs an unprecedented government-wide effort to help double American exports by 2015, and it was designed with one overriding goal in mind: To put Americans back to work in jobs that provide security, dignity and a sense of hope for the future.‚ÄĚ  

The president also announced new members of the President‚Äôs Export Council (PEC), a group that includes business and labor leaders who offer advice and expertise on how best to promote exports, congressional leaders and senior representatives of the administration.  President‚Äôs remarks  |  White House blog

Secretary Locke Joins Presidents Obama and Medvedev for U.S.-Russia Business Summit

Photo of Medevev, Obama and Locke at table.Commerce Secretary Gary Locke participated in the U.S.-Russia Business Summit today alongside President Obama, Russian President Dmitry Medvedev and Russia‚Äôs Minister of Economic Development Elvira Nabiullina at the U.S. Chamber of Commerce. Talking with both U.S. and Russian business and association leaders, Locke discussed further developing bilateral commercial relations and highlighted examples of new plans for cooperation between U.S. and Russian companies. Locke and Nabiullina co-chair the U.S.-Russia Business Development and Economic Relations Working Group and together solicited input from Summit participants. Read more  White House "Reset" fact sheet   DOC Fact sheet  White House blog   Press conference video

Commerce's Carribean Trade Mission Yields Positive Results for U.S. Firms

Dominican Republic and Jamaica offer small- and medium-sized companies opportunity

Wrapping up the administration’s first trade mission to the Caribbean, Commerce Department senior adviser and Deputy Chief of Staff Rick Wade stressed that geographical proximity and shared historical and cultural ties make the Dominican Republic and Jamaica prime destinations for U.S. goods and services. Wade led a 10-company U.S. trade mission to the region to promote export opportunities June 13-19.

‚ÄúIn today‚Äôs global marketplace, it is critical for companies to establish alliances with partners in other markets in order to be competitive,‚ÄĚ Wade said. ‚ÄúBecause of its close proximity and a favorable trading relationship over time, the Caribbean is a natural area for U.S. firms to explore new export opportunities that will result in more jobs for American workers.‚ÄĚ

The United States is the primary trading partner for both countries. In 2009, U.S. exports to the Dominican Republic and Jamaica totaled $5.27 billion and $1.45 billion, respectively.  Read more  Upcoming trade missions

Senior Commerce Official Wade to Lead Trade Mission to Dominican Republic and Jamaica

Rick Wade, senior adviser and deputy chief of staff to U.S. Commerce Secretary Gary Locke, will lead a delegation of 10 small- and medium-sized U.S. businesses on a trade mission to Santa Domingo, Dominican Republic, and Kingston, Jamaica, June 13-19 to promote U.S. exports in the Caribbean.

The trade mission will give participating U.S. companies the opportunity to meet with potential business partners and network with key Dominican and Jamaican government and industry officials. The business delegation will promote U.S. products and services in a range of consumer goods, construction and automotive sectors with foreign buyers and governments.

Trade missions are an important component to achieving the goals of President Obama‚Äôs National Export Initiative, which aims to double U.S. exports within five years to support the creation of two million jobs. This mission will help open doors for U.S. firms interested in entering or expanding their presence in the Caribbean region. Read more

Secretary Locke Holds Exports Town Hall with Northern Virginia Businesses

Image of ITA Exports reportU.S. Commerce Secretary Gary Locke visited the Precision Auto Care international corporate headquarters training facility in Leesburg, Va., to discuss President Obama’s National Export Initiative (NEI) and how it can help U.S. companies of all sizes sell more of their goods and services overseas and support the creation of American jobs. Locke was joined by U.S. Rep. Frank Wolf. The NEI aims to double U.S. exports over the next five years while supporting two million American jobs.