Service Exports USA: A Growth Opportunity Section 2 Part 7

Source Google

CREATING YOUR EXPORT PLAN

Export Readiness: Your Industry in Global Markets

SBA

This has been a very extensive and very detailed series on exporting. Anyone that has been following the series may at times have found the task daunting, time consuming and almost impossible. Although exporting does not happen overnight, once it does happen the rewards and benefits of it are just as extensive as the time you put in to get there.

Let’s recap the last few weeks:

• We have done a Industry and product analysis and we identified the most profitable foreign markets for those products
• We then narrowed, defined and researched  the 3 most penetrable foreign markets for your product
• Took a look at short and long term goals and possible financing
• Last week we learned how to do an In-Depth Market Research

As you delve more deeply into your new marketplace(s), you will need to consider the overall global competitiveness of your industry. Much of this information can be obtained from an industry trade association for your particular industry; the following worksheet can be used to compile, track and update this information on a long-term basis.

Worksheet:Your Industry in Targeted Global Markets

To Read The Rest Of The Story

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For More Information

UK exports grow faster than global rivals for first time since 2006 as businesses target non-EU markets

The UK’s success came at a fraught moment for global trade as a whole, as world export growth fell behind overall economic growth for the first time in 14 years. The figures suggested that the country's exporters were already moving towards non-EU markets ahead of this year's EU referendum result.

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AGOA to offer duty-free exports to USA

The Ministry of Trade and Industry is set to promote foreign direct investments and leverage Ghanaian exports to the US market through the African Growth and Opportunities Act (AGOA) review strategy.

The strategy, to be rolled out September this year, will allow 30 Ghanaian exporting companies duty-free products to the United States market.

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