|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.