According to the U.S. Department of Commerce, the U.S. Small Business Administration and other trade publications here are some basic facts about exporting and exporting related activities: • More than 95% of the world population lives outside of the U.S. • Over two-third of the world’s purchasing power is outside of the U.S. • U.S. Exporting has grown by 80% since 2003. • More than 20 U.S. government agencies help U.S. exporters. • About 97% of U.S export is made up by Small and Medium Enterprise’ (SMEs). • About 80% of U.S. exporters sell to 1 foreign market only. • Relatively low percentage of U.S. companies’ export compared to other developed countries. Have you considered exporting a product or service? What are some of the challenges that are stopping you from considering exporting?
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