Title: The World is Open for Your Business.
1The World is Open for Your Business.
- Let the U.S. Commercial Service connect you to a
world of opportunity.
2Let Us Help You Export.
- With offices throughout the United States and in
U.S. Embassies and consulates in nearly 80
countries, the U.S. Commercial Service of the
U.S. Department of Commerces International
Trade Administration utilizes its global network
of trade professionals to connect U.S. companies
with international buyers worldwide.
3Our mission
- To promote the export of goods services from
the United States, particularly by small- and
medium-sized businesses - To represent U.S. economic interests
internationally - To help U.S. exporters find qualified
international partners
4Our Proven Expertise Makes Doing Business
Internationally Easier.
Whether you are looking to make your first export
sale or expand to additional international
markets, we have the expertise you need to tap
into lucrative opportunities and increase your
bottom line.
- Trade Counseling. Get the information and advice
you need to succeed. - Market Intelligence. Target the best trade
opportunities. - Business Matchmaking. Connect with the right
partners and prospects. - Commercial Diplomacy. Ensure your products and
services have the best possible prospects for
success in international markets.
5Why Sell Globally?
- Market growth. Where is your companys potential
growth? - Economies of scale.
- Extend product life cycle.
- Moderate seasonal production cycles.
- Faster growth, higher profits.
- Competition.
- Enjoy what you do!
-
6Resources Considerations Related to Export
Expansion.
- Global operations can take myriad forms, with
sundry opportunities and - challenges, many of which are highly industry
dependent. - Global sourcing (interfacing with global
suppliers, managing international logistics,
managing risk) - Global manufacturing (coordinating multinational
production and RD facilities, operations in
overseas locations) - Global distribution (managing global
distribution, managing risk, navigating local
regulatory environment)
7Seven General Considerations Associated
Resources.
- Planning and strategy
- Foreign Tariffs Taxes
- Shipping Logistics
- Regulatory Compliance/Standards
- Trade Finance
- U.S. Export Controls
- Intellectual Property Rights
8Planning and Strategy.Impact Effective manage
finite business development resources and align
operational resources to facilitate targeted
growth
- Develop an international business plan for
entry or expansion into targeted markets
Resource International Marketing Plan Workbook-
http//www.sba.gov/idc/groups/public/documents/sba
_homepage/serv_international.pdf) - Target highest ROI trade opportunities through
market intelligenceResources http//www.export.g
ov/mrktresearch/index.asp (MRL)
http//www.export.gov/industry/index.asp
(Industry Pages)
http//www.buyusa.gov (Country/Local Sites) - Conduct due diligence on prospective partners
detailed credit reports covering sales, profit
figures, potential, liabilities, and other
financial information.Resources
http//www.export.gov/salesandmarketing/eg_main_01
8198.asphttp//www.buyusa.gov/utah/findthemsignth
emandenhancetheirperformance.doc
9Foreign Tariffs Taxes.Impact Foreign
tariffs and taxes affect the final price point of
your product in aparticular market, and by
extension your price based competitiveness
- Determine your products Schedule B and HS
numbers Verify tariff rates, import fees, and
taxes Calculate the landed cost of your
products.Resource http//www.export.gov/logistic
s/eg_main_018130.asp (Duty calculator, Schedule
B) - Free Trade Agreements NAFTA, CAFTA-DR,
Australia, Chile, Israel, Jordan, Morocco,
Singapore, CAFTA-DR, Bahrain, PeruResource
http//www.export.gov/fta - Foreign tariff and tax treatment of tangible
goods vs. services vs. license royalities
10Shipping Logistics. Impact Knowing the range
of shipping tools available to you can help you
more effectively negotiate, mitigate risk
associated with moving product internationally,
manage costs, and ensure efficient delivery and
after sales service
- Incoterms (http//www.export.gov/logistics/exp_i
ncoterms_internatl_logist.asp) - Documentation- certificates of origin, country
of origin determination, legalization/authenticati
on (http//www.export.gov/logistics/eg_main_018121
.asp) - Freight forwarders (http//www.export.gov/logist
ics/eg_main_018144.asp) -
11Regulatory Compliance/Standards.Impact
Failure to comply with local regulatory standards
can delay your time to market to hinder future
international sales activities
- Many foreign countries have their own standards
and import certification requirements on things
like product standards, certification
requirements, electricity regulations, packaging
and recycling laws and quality expectations. - -gt Resource http//www.export.gov/regulation/eg_
main_018220.asp - Examples of State-side certifications that might
be required by foreign governments - FDA Certificates (free sale, foreign govt, cert.
of exportability, etc.) - USDA/APHIS- EU Certificate
- EU Standards- e.g. WEEE, RoHS, REACH , Safe
Harbor, CE Marking (self classify or use a
notified body, Class I, II, or III medical
device, LV/EMC Directive) - -gt Resource http//www.buyusa.gov/europeanunion
- Notify U.S. Web site https//tsapps.nist.gov
/notifyus/data/index/index.cfm
12Trade Finance. Impact Access to working capital
and full range of payment tools can affect your
global competiveness and bottom line.
- Four Primary Considerations
- Payment terms- learn to use them to mitigate risk
and win the deal - Export transaction cycle (working capital, credit
insurance) - Buyer financing
- Financing for overseas investment and risk
insurance - -gt Resource http//trade.gov/media/publications/p
df/tfg2008.pdf - U.S. tax incentive for U.S. exporters- IC-DISC
(Interest Charge Domestic International Sales
Corporation)
13Export Licensing Controls.Impact Affects
lead time to market and ability to sell to
particular markets.
- Licensing jurisdiction- several agencies involved
(EAR, ITAR, OFAC, etc.) - Dual-Use Technologies- reasons for control
- Deemed exports
- Sales to embargoed markets and denied
parties/entities - All exporting companies should have some sort of
company wide export compliance management
program - -gt Resource http//www.export.gov/regulatio
n/eg_main_018219.asp
14Intellectual Property Rights. Impact A
countrys IPR environment can drive market entry
strategy
- Trademarks, Patents, and Trade Secrets
- Strategy Targeting Organized Piracy (STOP!)
Initiativehttp//www.stopfakes.gov, IP right
holders can call 1 (866) 999-HALT to speak with a
USPTO attorney advisor - IPR Toolkits available for many international
markets - IPR in China Webinar series http//www.stopfakes.
gov/events/china_webinar_series.asp
15Contact us today to connect with a world of
opportunity.
- U.S. Department of Commerce
- 9690 South 300 West, Suite 201 Sandy, UT 84070
- Tel (801) 255-1871 Fax (801) 255-3147
- David.Fiscus_at_trade.gov Nathan.Seifert_at_trade.gov
- www.buyusa.gov/utah
- export.gov 800.USA.TRADE