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Exporting
From Singapore to Guatemala, an increasing
number of free trade agreements are creating a more open and level
playing field for U.S. small businesses. With each passing FTA,
opportunities have soared for U.S. exporters- 97% of which are small
businesses. While developing nations are growing at exponential
rates, this may be the best time ever to join the global economy.
According to export.gov, the federal government’s international
trade portal, the benefits of exporting include:
Many more potential customers. Ninety-five percent of the world’s
consumers live outside the United States.
Less vulnerability to economic swings. If the economy softens at
home, it might be booming elsewhere, allowing you to better weather
the domestic downturn.
Support for U.S. jobs. About 20% of U.S. manufacturing jobs depend
on exports.
Exporting also benefits an area’s economy, selling outside a
region’s borders brings more money into the region’s economy.
Exporting Gross by
Countries:
| Rank |
Country |
Exports
Million US$ |
Date of Information |
| — |
World (sum of all countries) |
12,440,000 |
2004 est. |
| — |
European Union (external trade only) |
1,330,000 |
2005 |
| 1 |
Germany |
1,133,000 |
2006 est. |
| 2 |
United States |
1,024,000 |
2006 est. |
| 3 |
People's Republic of China |
974,000 |
2006 est. |
| — |
Hong Kong |
611,600 |
2006 est. |
| 4 |
Japan |
590,300 |
2006 est. |
| 5 |
France |
490,000 |
2006 est. |
| 6 |
United Kingdom |
468,800 |
2006 est. |
| 7 |
Italy |
450,100 |
2006 est. |
| 8 |
Netherlands |
413,800 |
2006 est. |
| 9 |
Canada |
405,000 |
2006 est. |
| 10 |
Belgium |
335,300 |
2006 est. |
| 11 |
South Korea |
326,000 |
2006 est. |
| 12 |
Russia |
317,600 |
2006 est. |
| 13 |
Singapore |
283,600 |
2006 est. |
| 14 |
Mexico |
248,800 |
2006 est. |
| 15 |
Spain |
222,100 |
2006 est. |
| 16 |
Taiwan (Republic of China) |
215,000 |
2006 est. |
| 17 |
Saudi Arabia |
204,500 |
2006 est. |
| 18 |
Sweden |
173,900 |
2006 est. |
| 19 |
Switzerland |
166,300 |
2006 est. |
| 20 |
Malaysia |
158,700 |
2006 est. |
| 21 |
Brazil |
137,500 |
2006 est. |
| 22 |
United Arab Emirates |
137,100 |
2006 est. |
| 23 |
Austria |
133,300 |
2006 est. |
| 24 |
Thailand |
123,500 |
2006 est. |
| 25 |
Norway |
122,600 |
2006 est. |
List of countries by exports,
based on The World Factbook.
Helpful Exporting Links and
Documents
Chamber Certificate of
Origin
Some destinations require a Certificate of Origin (CO) for certain
commodities. The purpose of the CO is to authenticate the country of
origin of the merchandise being shipped.
The CO may be required because of established Treaty arrangements,
varying duty rates, and preferential duty treatment dependent on the
shipment's origin.
The CO verifies the country in which the goods were manufactured.
The commodity being exported and its destination determine if the CO
is required. Some nations restrict imports from certain countries;
many countries limit the quantity of goods that are allowed to be
imported, or give preference to goods manufactured in the U.S.
This form requires the authorized signature and seal of the Chamber
of Commerce.
www.export.gov
Site dedicated to helping U.S. companies export goods.
www.traderoots.org/
TradeRoots is the nation's leading sustained grassroots education
program dedicated to raising public awareness of international trade
on a local level.
www.unzco.com/basicguide/index.html
A basic guide to
exporting from the U.S. Department of Commerce in Cooperation with
Unz & Co., Inc.
www.bitd.org
International
Customs Tariffs Bureau: the world’s Customs tariffs translated into
five languages (English, French, German, Italian and Spanish).
www.ita.doc.gov/media/publications/abstract/trade_finance_guide2007desc.html
Trade Finance
Guide: A Quick Reference for U.S. Exporters has been written to help
U.S. companies, especially small and medium-sized enterprises (SMEs),
learn the fundamentals of trade finance to turn their export
opportunities into actual sales and to achieve the ultimate goal: to
get paid for their export sales. Eleven concise, two-page chapters
offer the basics of numerous financing techniques, from open
accounts, to forfaiting, to government assisted foreign buyer
financing.
Importing
Importing
Gross by Top 25 Countries:
| Rank |
Country |
Imports
Million
US$ |
Date of Information |
| — |
World (sum of all countries) |
12,090,000 |
2004 est. |
| 1 |
United States |
1,869,000 |
2006 est. |
| — |
European Union (external trade only) |
1,466,000 |
2005 |
| 2 |
Germany |
916,400 |
2006 est. |
| 3 |
China |
777,900 |
2006 est. |
| 4 |
United Kingdom |
603,000 |
2006 est. |
| 5 |
France |
529,100 |
2006 est. |
| 6 |
Japan |
524,100 |
2006 est. |
| 7 |
Italy |
445,600 |
2006 est. |
| 8 |
Netherlands |
373,800 |
2006 est. |
| 9 |
Canada |
353,200 |
2006 est. |
| 10 |
Belgium |
333,500 |
2006 est. |
| — |
Hong Kong |
329,800 |
2006 est. |
| 11 |
Spain |
324,400 |
2006 est. |
| 12 |
South Korea |
309,300 |
2006 est. |
| 13 |
Mexico |
253,100 |
2006 est. |
| 14 |
Singapore |
246,100 |
2006 est. |
| 15 |
Taiwan |
205,300 |
2006 est. |
| 16 |
India |
187,900 |
2006 est. |
| 17 |
Russia |
171,500 |
2006 est. |
| 18 |
Switzerland |
162,300 |
2006 est. |
| 19 |
Sweden |
151,800 |
2006 est. |
| 20 |
Austria |
134,300 |
2006 est. |
| 21 |
Australia |
127,700 |
2006 est. |
| 22 |
Malaysia |
127,300 |
2006 est. |
| 23 |
Turkey |
120,900 |
2006 est. |
| 24 |
Thailand |
119,300 |
2006 est. |
| 25 |
Poland |
113,200 |
2006 est. |
List of countries by imports,
based on The World Factbook.
Helpful Exporting
Links and Documents
US Import Requirements
Pamphlet
This pamphlet is
intended as a general explanation of import requirements for a
person interested in establishing an importing business or a person
who may be importing something for personal use only
www.customs.gov/
www.fsis.usda.gov/Regulations_&_Policies/Import_Information/index.asp
FSIS policies and
procedures assuring that U.S. imported meat, poultry and egg
products are safe, wholesome, unadulterated, properly labeled and
packaged. |