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Promoting Economic Growth through Exports

Promoting Economic Growth through Exports. About us:. NC. Leaders from the local business community experienced in international business Appointed by U.S. Secretaries of Commerce Providing free international advice for North Carolina companies. Mission. NC.

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Promoting Economic Growth through Exports

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  1. Promoting Economic Growth through Exports

  2. About us: NC • Leaders from the local business community experienced in international business • Appointed by U.S. Secretaries of Commerce • Providing free international advice for North Carolina companies.

  3. Mission NC . The NCDEC contributes leadership and international trade expertise to complement the U.S. Commercial Services export promotion efforts through counseling businesses on the export process and conducting trade education and community outreach .

  4. What do we do in North Carolina? NC • NC DEC members helping North Carolina’s Export Community “Go and Grow” their Exports • NCDEC members volunteer their time and expertise to educate and promote awareness of export trade opportunities • Coordinate our activities with the three North Carolina U.S. Export Assistance Centers’ effort to develop exports

  5. NC U.S. Exports • U.S. export volume has grown 90% over the last 10 years (1998-2008). $682 Billion to $1.3 Trillion • 97% of US companies that exports are from SME’s • 60% of exporting SME’s export to one country only • 70% of all exporting companies have less than 20 employees. SME = Small / Medium Enterprise

  6. North Carolina Exports NC • $25 billion in 2008 • Ranked 15th among 50 states • In 2008, NC’s Largest Markets: Canada, China, Mexico, Japan, UK, and Germany • Leading Export Industries: Chemicals, Machinery , Computers & Electronics, Transport. Equipment, Fabric There is tremendous untapped potential for more NC firms to export!

  7. North Carolina Exports are Important NC • Exports mean higher wages for NC workers • Export-related jobs pay wages that are 13-16% higher than other jobs. • In the high-tech field, hourly earnings are 34% higher than the national average. • Exports mean growth in NC jobs and job security

  8. Exporting? Help is out there! NC • US Dept. of Commerce - U.S. Commercial Service • NC Dept. of Commerce • NC Dept of Agriculture • Banks, Freight Forwarders, Other Exporters • Chambers of Commerce

  9. The U.S. Commercial Service • Worldwide network - 157 offices in 84 countries • 105 Export Assistance Centers throughout the U.S. • One-on-One Long Term Export Counseling • Marketing research • Outreach meetings 95% of your potential customers live outside the United States

  10. Continued.. Help is out there! NC • Small Business Development Centers • Small Business Administration • Small Business Technology Development Center • Export Import Bank of the United States • North Carolina World Trade Association • NC State Ports Authority • SCORE “Counselors to America’s Small Business”

  11. The Advocate for Small and Medium Exporters Mentoring Exporters Providing Trade Education Call us or email us for assistance NCDEC is on Your Side NC

  12. How to contact the North Carolina DEC? NCDEC website: www.ncdec.us USDEC website: www.usatrade.gov/dec US Export Assistance Centers Charlotte704-333-4886 ext 229 Email: greg.sizemore@mail.doc.gov Greensboro336-333-5345 Email: john.schmonsees@mail.doc.gov Raleigh919-281-2751 Email:sandra.edwards@mail.doc.gov USEAC Website: www.buyusa.gov/northcarolina NC

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