| Category: | Business Insights, Global Impact |
| Tags: | export, global trade, National Export Initiative, small business, supply chain |
Boosting America’s exports strengthens our economic growth and supports millions of good, high-paying American jobs. Although companies that export can make on average 9 to 12% more revenue than their peers, less than 1% of American companies sell their products in foreign markets. Last year, President Obama recognized the importance of stimulating exports and set an aggressive goal of doubling U.S. exports in five years. To achieve this goal, the President established the National Export Initiative. CEO Scott Davis was appointed to the President’s Export Council due to UPS’s ability to facilitate global supply chains for U.S. businesses.
Most business owners do not export because of a lack of knowledge and fear of the unknown. To overcome these barriers and help companies expand globally, UPS is conducting a series of International Symposiums this fall. The next symposium in October will help small businesses develop an international expansion strategy. Hear what participants had to say at a recent event held in downtown Los Angeles.






