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Blog Category: International trade

International Visitors Spent $14.4 Billion in the United States in March 2013

Firs-quarter U.S. Travel and Tourism exports contribute $43 billion to the U.S. economy

U.S. Deputy Secretary of Commerce Rebecca Blank highlighted new data today that shows spending by international visitors to the United States in March 2013 totaled more than $14.4 billion, an increase of nearly 3 percent when compared to last year. International visitors spent $43 billion on travel to, and tourism-related activities within, the United States during the first quarter of 2013. The data release coincides with National Travel and Tourism Week, celebrated each year to recognize the positive impact the industry has on our economy.


“International travel and tourism represents our country’s largest services export,” said Deputy Secretary Blank. “So far this year, international visitor spending in the United States has markedly outpaced U.S. spending abroad by more than $13 billion, which continues our momentum from 2012’s record-setting year. Likewise, last week’s jobs report showed continued strong job growth in the leisure and hospitality industry.  Travel and tourism is an important sector of our economy, which is why we are continuing to increase our efforts to attract more international tourists to vacation in the United States.” 

Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $11 billion during March. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel. Fares received by U.S. carriers (and U.S. vessel operators) from international visitors also increased by nearly 3 percent to $3.4 billion for the month, an increase of $70 million when compared to March 2012. Overall, the United States enjoyed a favorable balance of trade for the month of March in the travel and tourism sector, with a surplus of $4.2 billion. Full release

Acting Secretary Blank Launches Doing Business in Africa Campaign

Map of Africa with text "Doing Business in Africa"

Acting U.S. Commerce Secretary Rebecca Blank today announced the launch of the “Doing Business in Africa” campaign at an event in Johannesburg, South Africa. This campaign is part of a larger U.S. Strategy Toward Sub-Saharan Africa, which President Obama issued in June. The “Doing Business in Africa” campaign will promote economic growth, trade and investment in Africa.  In her remarks, the Acting Secretary emphasized the United States’ ongoing commitment to deepening economic ties with these nations. She also shared a message from President Obama (PDF) in support of the campaign.

The United States is pursuing four objectives in Sub-Saharan Africa: strengthening democratic institutions; spurring economic growth, trade and investment; advancing peace and security; and promoting opportunity and development. The new Doing Business in Africa campaign is a key part of this effort. It leverages the federal government’s strengths as assets in trade promotion, financing, and more. Goals of the campaign include helping U.S. businesses identify and seize opportunities in Africa, and helping them overcome any challenges they face to establishing business relationships with Africa.

Also as part of her trip to South Africa, Dr. Blank met with a multi-sector trade mission led by the Department of Commerce’s Under Secretary for International Trade, Francisco Sánchez. This delegation is comprised of representatives from 13 U.S. firms who were traveling to Lusaka, Zambia; and Johannesburg and Cape Town, South Africa.

Sub-Saharan Africa presents enormous opportunities to the American private sector. According to the World Bank, its GDP totaled approximately $1.25 trillion in 2011, and six of the 10 fastest-growing economies in the world are in Sub-Saharan Africa. U.S. total merchandise exports to Sub-Saharan Africa tripled between 2001 and 2011.

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

Largest U.S. Education Services Mission Reaches Thousands of Potential Students in Brazil

Under Secretary for International Trade Francisco J. Sánchez launches the EducationUSA Fair in Brazilia, Brazil on September 1, 2012.

Education fairs in Brasília, São Paulo, and Rio de Janeiro promote higher education in the United States

U.S. Under Secretary of Commerce for International Trade Francisco Sánchez this week concluded the Commerce Department’s largest education services trade mission in history in Rio de Janeiro. Sánchez and representatives from 66 U.S. colleges and university introduced more than 7,500 Brazilian students and parents to educational programs and opportunities for study in the United States during education fairs and meetings in Brasília, São Paulo and Rio de 

“These distinguished U.S. colleges and universities value the role that international students can play in helping shape the next generation of leaders in government, business, and science,” Sánchez said at the EducationUSA Fair in Rio de Janeiro. “Our efforts during this mission strongly support the extraordinary commitment from President Obama and President Rousseff to increase student exchanges between our two countries.”

Education and training is one of the United States’ leading services exports. The industry annually adds $21 billion to the U.S. economy, and Brazilian students in the United States paid more than $257 million in tuition and fees for the 2010-2011 academic year. Brazil currently ranks 14th among countries sending students to the United States with more than 9,000 students, and the goal of this mission is to help boost that number significantly in the next five years.  Read the full mission wrap-up release

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, São 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 São 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’s 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—the two largest economies in the Western Hemisphere.

Acting Secretary Blank Delivers Remarks at BIS Update Conference on Export Controls and Policy

Acting Secretary Blank gestures from the dais

On Tuesday, Acting Commerce Secretary Rebecca Blank delivered the keynote address at the Conference on Export Controls Policy, hosted by the Commerce Department’s Bureau of Industry and Security. This annual conference is the U.S. Government’s major export control outreach and education event of the year.

In her remarks, Dr. Blank highlighted progress on President Obama’s Export Control Reform Initiative and the National Export Initiative, saying that success in both areas is important for strengthening the American economy and creating more jobs, which are the president’s top priorities.  

Blank emphasized that the United States must have a strong, effective export control system through the powerful partnership between federal agencies like BIS and American companies that sell cutting-edge products, calling such a system “a national security imperative.”

The last major changes to export control regulations took place over 15 years ago, and those changes were more organizational than substantive. Through the President’s Export Control Reform (ECR) initiative, this is changing.

This initiative has at its core a continued commitment to national security, to prevent key goods and technologies from falling into the wrong hands, Acting Secretary Blank said. The proposed changes over controls on less-significant military items do not mean that key items will be “de-controlled.”  In fact, the departments of Commerce, Justice and Homeland Security will continue to aggressively investigate and prosecute illegal exports to countries and end users of concern.

Acting Secretary Blank noted that these export control reforms will not only enhance national security by focusing resources on the greatest threats, but will also generate other benefits, including increased U.S. interoperability with allies, reduced incentives for foreign companies to avoid American-made parts that in turn will strengthen the American defense industrial base, and, importantly, reduce unnecessary regulatory burdens, expenses and red tape on American exporters.

Minority Businesses Export to Support Jobs in Long Island

Under Secretary Sanchez (center), Congressman Tim Bishop (right) and Shakir Farsakh, director of the Long Island Export Assistance Center (left)

Cross-posted from ITA Tradeology blog by Francisco Sánchez, Under Secretary of Commerce for International Trade

Washington can be a sweltering place in the summer. And this year is no exception. Fortunately, I was lucky enough to escape the heat of Washington today for Long Island, New York. There, I joined forces with my friend and colleague Congressman Tim Bishop to help highlight the benefits of exports and the impact they have in strengthening the economy.

We’ve always known exports to be among best ways to boost domestic economic output. Just last year, the United States had a record-setting $2.1 trillion in exports which supported nearly 10 million American jobs.

Rather, the question has always been “how can we expand the message of exporting to more businesses?”

This was the challenge laid forth by President Obama in 2010 when he announced the National Export Initiative, which aims to double U.S. exports by the end of 2014.

Well, the data are in! One of the great things about our country is our diversity. And according to the U.S.  Census Bureau, that same diversity is boosting our economy. A report released this month, using data from 2007, shows that exports by minority-owned American businesses make significant contributions to our economy.

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.

Acting Secretary Blank Participates in U.S.-Poland Business Summit in Warsaw, Poland

Acting Secretary Blank Participates in U.S.-Poland Business Summit in Warsaw, Poland

Acting U.S. Commerce Secretary Rebecca Blank and Poland’s Deputy Prime Minister Waldemar Pawlak welcomed participants in the U.S.-Poland Business Summit and Business Roundtable in Warsaw yesterday. This important event fulfills an agreement made during President Obama’s visit to Poland last yearto bring together U.S. and Polish business and government leaders to identify and promote new commercial opportunities and strengthen and expand commercial relations between the two countries.
 
Blank and Pawlak co-chaired the Business Roundtable at an informal session with American and Polish businesses and government officials. They discussed increasing bilateral investment and expanding energy sector cooperation. In her remarks, Acting Secretary Blank called for more cooperation between the two countries to continue vital strides towards creating good paying jobs that will help both economies flourish.
 
In her remarks to the summit, Acting Secretary Rebecca Blank talked about increasing U.S.-Poland economic and commercial ties. She said that over the past ten years, U.S. bilateral trade with Poland has nearly quadrupled and today the U.S. is doing more than ever to link with the E.U.’s fastest growing economy. Complete Readout

Assistant Secretary Michael Camuñez Concludes U.S.-Mexico Border Trade Policy and Promotion Week Visit

Assistant Secretary Camuñez is joined by public and private stakeholders after recognizing the New Mexico Border Authority for their efforts to support the local community.

Guest blog post by Michael C. Camuñez, Assistant Secretary of Commerce for Market Access and Compliance, International Trade Administration

During this past week, in my official capacity as Assistant Secretary of Commerce for Market Access and Compliance, I had the privilege of leading a high-level delegation of U.S. and Mexico government officials on a tour of the U.S.-Mexico border region, which, with $460 billion in trade passing across it each year, is one of the most economically significant borders in the world. As a native New Mexican, I was especially proud to highlight the vast commercial benefits that the border region generates for both countries. The trip included stops in San Diego/Tijuana; NM/Santa Teresa; El Paso; Laredo/Nuevo Laredo; and Monterrey, Mexico. 

At each stop, stakeholders repeated the theme that we—government and business—must work together to change the narrative about the border. The goal is not to diminish awareness of the fact that real security challenges exist; rather, we need to increase awareness that there is more to the border story. Both countries are critical to the economy of the other, and one of our goals for this trip was to highlight the fact that new commercial opportunities exist and that the border serves a critical role in facilitating the essential flow of goods and people between Mexico and the U.S.

Our delegation consisted of U.S. and Mexico government officials and members of the U.S. Chamber of Commerce. We conducted stakeholder outreach events related to the border trade facilitation efforts under the U.S.-Mexico 21st Century Border Management initiative, which was established by Presidents Obama and Calderon in May 2010 as a vehicle to develop and promote a more secure and seamless border between our two countries. These events provided us with an opportunity to share information with stakeholders about the ongoing work and accomplishments of the initiative and to receive important, on-the-ground feedback from them, which can be incorporated into the 21st Century Border Management work streams.