Expansion Lies in Selling Foreign Markets

According to the Commerce Department, U.S. exports grew by almost 17% to $1.8 trillion last year.  Imports jumped nearly 20%, pushing the annual trade deficit up to almost $498 billion, a 32.8% increase that marked the biggest percentage gain in a decade.

And look at what the big focus is:

With developed economies growing slowly, U.S. companies are recognizing that expansion lies in selling to other foreign markets—some that were long seen as competitors. The Obama administration is pushing that perspective to achieve its goal of doubling U.S. exports by 2014.

Read more here.

Posted by:  The Global Small Business Blog

National Export Strategy 2008

The National Export Strategy is the annual report of the Trade Promotion Coordinating Committee (TPCC).  The 2008 report takes a look at trends that contributed to the growth of U.S. exports in recent years, including strong international demand, the growth of e-commerce, and continued U.S. global competitiveness.

Download it:

Online: PDF Format

The big question:  Where are the 2009 and 2010 reports?

Considering we have this huge export push from the United States government, I'd like to see updated reports.   

Wouldn't you?