New York SBDC Research Network

From the Bureau of Labor Statistics U.S. export prices experienced a major decline in 2015, as evidenced by the Bureau of Labor Statistics (BLS) export price index. Prices for U.S. exports, published in dollar terms, decreased 6.6 percent in 2015, the largest calendar-year decline since the index was first published in 1983. However, the large decline in the U.S. dollar export price index did not tell the entire story. When measured in foreign currency terms, export prices were actually higher because of the strong dollar. The value of the dollar strengthened against the euro, Japanese yen, Chinese yuan, and Canadian dollar. Continued slow global economic and trade growth dampened demand for U.S. exports and influenced U.S. export price trends. The meeting of the strong dollar and lackluster demand for U.S. exports was particularly challenging for the U.S. agricultural industry. This Beyond the Numbers article analyzes what impact the strengthening dollar had on certain agricultura

On a business listserv, one librarian pointed out a good resource for global corporate tax rates, 2006 - current , a website called Trading Economics. But the page is great for so much more: There are real time currency and stock market data for all over the world. Plus it has data on several topics. For instance- Labor: Employed Persons, Job Vacancies, Minimum Wages, Payrolls, Population, Productivity, Retirement Age, Unemployment Rate, Wages Prices: Consumer Price Index, Export Prices, Inflation Rate, Producer Prices Also several other categories, including Markets, GDP, Money, Trade, Government, Business, Consumer, Housing, Taxes If you are involved in international trade or just want info for markets across the world, check out Trading Economics

The International Trade Administration's Top Markets Series is meant to help exporters determine their next export market by comparing opportunities across borders. Each report ranks future export opportunities within a particular industry based on a sector-specific methodology. The reports provide a detailed assessment of the competitiveness landscape within a sector, as well as the opportunities and challenges facing U.S. exporters in key markets. Each report is available for download. Interested exporters can also download or view individual case studies within larger reports. ITA’s Top Markets Reports are developed by its Industry & Analysis business unit, whose staff of industry, trade, and economic experts provide detailed analysis to strengthen the export competitiveness of U.S. industry and support strategies to unlock export and investment opportunities that benefit the U.S. economy. Read more at: Businessusa

Exporting makes more sense than ever before and A Basic Guide to Exporting will help you navigate the global business process, with critical tips about: developing an export plan, taking advantage of free trade agreements, leveraging e-commerce in a global strategy, finding buyers, and understanding financing options.Today, it’s easier than ever for a company like yours, regardless of size, to sell goods and services across the globe. Small and medium-sized companies in the United States are exporting more than ever before. In 2013, more than 300,000 small and medium-sized U.S. companies exported to at least one international market—nearly 28 percent more than in 2005, the year in which the 10th Edition of this book was first published. In 2013, the value of goods and services exports was an impressive $2.28 trillion, nearly a 25 percent increase since 2010. And 2014 topped the previous year, with exports valued at $2.34 trillion. This edition includes sample forms, information on

Learn about  ConnectAmericas , the  first online community of companies in Latin America and the Caribbean dedicated to international trade and investment. Then  visit the ConnectAmericas website  to connect with over 15,000 business opportunities. Check out this map of  what exporting means to business in your home state .

#1 The fake freight forwarder company scam. The fraudulent forwarders pose as legitimate companies with spare cargo capacity. Their truck arrives on-time to collect the freight and then disappears, never again to be seen. The Scoop: Here is how it works: Once a signed and sealed agency agreement is in place between both parties and business starts, all appears to be normal. This is until the cargo arrives at the port and no-one has received the original bill of lading from the forwarder in China. When contacted, the forwarder demands a large ransom for the release of the original bill of lading. Companies which refuse to pay find themselves on an expensive rollercoaster ride of meetings with customers, lawyers, insurers and shipping lines in order to obtain the original bill of lading so the cargo can be released. By spreading shipments around a number of shipping lines, fraudulent forwarders can make this recovery process even more onerous. These forwarders may be real companies w

The United States imports a lot of American flags.

The Department of Commerce Commercial Service provides a service, the International Company Profile Report, to help companies exporting U.S. goods and services evaluate potential foreign partners. You can contact the Commercial Service at the nearest U.S. Export Assistance Center (USEAC). To locate the closest USEAC, please visit the Commercial Service website or call (800) 872-8723. See also How to Check if Foreign Companies Are Legitimate from eHow.

In FY 2013, Advocacy produced 22 contract and internal research reports on a variety of topics including access to capital, small business exporters, entrepreneurship, and minority- and women-owned businesses. In addition to these reports, Advocacy economists participated in roundtables and conferences about various small business topics and conducted presentations to audiences that included policymakers, academics, and/or the media. These outreach efforts are important for small business stakeholders around the country. This document describes the 2013 research and provides links to the publications on Advocacy’s website .

From Karen G. Mills, Administrator, U.S. Small Business Administration Your business has already succeeded in the most competitive market on the planet – the USA – so just imagine what you can do abroad. In foreign markets, you will find fewer competitors and you start with a significant advantage: consumers around the world trust the words "Made In America." There are free resources to help your business begin exporting, provided by the US government. To discover what is available, visit www.export.gov . There, you can connect to counselors, market matchmakers, and banks. You can also learn how U.S. government export insurance, working capital loans, and foreign buyer financing can protect you and your bank from transaction risk. Export.gov helps you access the experience of successful exporters, who will show you: How to manage the risk of doing business overseas Which markets and trade partners to select Where to secure capital on favorable terms

There is a great blog I came across called China Law Blog , which anyone wanting to export items to China. For instance, I discovered in this article that there are Fake China Law Firms...where companies "thought they were paying money to a Chinese law firm for something like registering a trademark in China or drafting a manufacturing agreement. Instead, they paid money to somebody that had set up a temporary website with the sole intention of bilking the unwary." Also check out Protecting Your China IP. Me Thinks Thou Dost Worry Too Much . A most useful site.

The International Business Help Center provides 300 pages of resources and information about worldwide B2B and Import Export opportunities. This web based international trade center was created to assist companies expand into new foreign markets, provide training for individuals wishing to start an export import business and help importers locate reliable sources of new products. For access to more information and services, click  here.

Did you know that there are major changes to the Harmonized System (HS) taking place in 2012? The bulk of the changes are in food-related chapters (1-21). Other chapters with notable changes include: Water-pipe tobacco (24) Biodiesel (27 and 38) Mercury compounds (=> 28) Water-jet cutting machines (85) Video game machines (95) Diapers, etc. (96) Visit Export.gov to find out more.

From export.gov Are you an exporter seeking a market where the United States has an existing competitive advantage? Are you spending time looking through pages of legal texts to figure out the tariff under a trade agreement for your products? Would you like to feel empowered to perform instant and at-a-glance searches for trade and tariff trends in one easily accessed location online? The FTA Tariff Tool has the answers to these and many other trade-related questions. America’s Free Trade Agreement (FTA) partners offer attractive markets for many U.S. companies looking to expand into new markets or export for the very first time. Through these agreements, the U.S. has negotiated the elimination of tariffs, the removal of non-tariff barriers, and secured non-discriminatory treatment of U.S. goods and services. Originally trade and tariff information could only be accessed by sifting through the actual text of the agreements. The FTA Tariff Tool streamlines the search process... Additio

The World Trade Organization has recently published " International Trade Statistics 2007 " on its website. For SBDC clients engaged in importing and/or exporting , Section II ("Merchandise trade by product") and Section III ("Trade in Commercial Services by Category") would seem to be the most useful. Keep it handy.