In a report released last month, the United States Department of Commerce Department reported that U.S. exports hit $2.3 trillion in 2013. U.S. Secretary of Commerce Penny Pritzker said that increasing export numbers show that selling internationally is critical to growing American businesses and the nation’s economy.
Check out the 2013 Export Overview from the International Trade Administration Office of Trade and Economic Analysis:
Exporting is the process of moving products from the U.S. to another country.
Walker World Trade has been an expert in the field since 1936. If you have been considering your business internationally, WWT can help.
All you have to do is provide information about your products and clients. Walker will do the rest.
U.S. Trade Representative Michael Froman announced the intent of the Obama Administration’s intent to enter into negotiations on a new trade agreement in the World Trade Organization that would eliminate tariffs on a variety of environmental goods.
Instituted on Jan. 1, 1976, GSP, or U.S. Generalized System of Preferences, is intended to promote economic growth in the developing world and offers tremendous benefits to U.S. businesses as well. How is your business impacted by GSP?
According to the Office of the United States Trade Representative, U.S. businesses imported $19.9 billion worth of products under the GSP program in 2012, saving companies more than $742 million on import duties. More than 80,000 domestic jobs are associated with moving GSP imports from docks to manufacturers, farmers and retailers.
Most import/export companies do not commit trade violations intentionally. Rather, the most common mistakes that occur at the border result from a lack of knowledge. Is your organization in danger of committing these five frequent errors?
1. Inadequate resources for […]
The Logistics and Transportation page at Forbes.com recently addressed changes that U.S. Department of Homeland Security’s Customs and Border Protection (CBP) may face in 2014, as the agency shifts its focus on fighting terrorism to include more aggressive trade regulation.
A great many firms that conduct international business lack a critical component for success: the internal trade manager. Fortunately, you don’t have to increase staff to make sure trade manager duties are fulfilled. Put an outside consulting expert to work for your growing company.
Successful businesses understand that sometimes the most cost-efficient location for manufacturing a product is a foreign country. Contracting out specific operations enables you to free up cash, time, facilities and staff to concentrate on the activities that your company does best.
For an international business venture to be successful in our global economy, a range of problems must be avoided:
When your product development process involves offshore global manufacturers, it helps to have a middle man to bridge potential gaps. Walker World Trade fits the bill, offering experience and expertise in offshore product design and prototyping.