ACA is in partnership with the U.S. Commercial Service (CS), part of the U.S. Department of Commerce’s International Trade Administration, in an effort to help the country grow the number of industry companies that export products. ACA's International Affairs Committee approved the new partnership.
The New Market Export Initiative connects ACA member companies to international buyers worldwide and provides a wide array of services, including trade counseling, market intelligence, business matchmaking and commercial diplomacy.
According to the government’s National Export Strategy report, exporting accounted for only 12 percent of the U.S. gross domestic product (GDP) in 2007. This is an extremely low percentage when compared to other industrialized nations, where exporting accounted for 30 to 49 percent of the GDP.
With offices throughout the United States and in U.S. Embassies and consulates in nearly 80 countries, the U.S. Commercial Service’s New Market Export Initiative is focused on utilizing its global network of professionals to connect U.S. companies with international buyers worldwide.
As a partner in the New Market Export Initiative, ACA offers webinars about the initiative and features speakers from U.S. Commercial Services at its meetings to highlight the advantages this important initiative offers to member companies. Through the partnership, participating members will be able to:
- Receive assistance from U.S. Commercial Service in creating an international business plan for entry or expansion into a target market, including legal and regulatory documentation and requirements;
- Receive country commercial guides, trade data and analysis, and customized market research;
- Receive assistance in locating potential partners, buyers, and sales representatives in a target market;
- Participate in trade missions organized and led by U.S. Commercial Service officials to allow companies to meet distributors, government and industry officials, as well as prospective customers;
- Gain access to U.S. government trade advocacy for foreign government procurement bids with direct support from U.S. officials stationed overseas.