Philadelphia U.S. Commercial Service Newsletter

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CS Philadelphia News: November 2016


Event Highlight

The Clock Is Ticking!

Discover Global Arizona

 

Explore and capitalize on new global export opportunities driven by advances in high-tech manufacturing at the U.S. Commercial Service's Discover Global Markets. U.S. companies are at the forefront of a wide array of manufacturing technologies essential to the global manufacturing supply chain. Join the U.S. Commercial Service for Discover Global Markets: Advanced Manufacturing February 16-17 in Scottsdale Arizona, and transform market potential into international sales.

Worldwide Opportunities

  • Learn about international manufacturing needs—and how to build the strong partnerships necessary to win business.
  • Understand global demand for new technologies that improve production quality and efficiency and increase capacity.
  • Hear from executives who have successfully sold advanced manufacturing technologies and products to clients around the world

Additional Attendee Benefits

Register Now! (SUSA red)

Trade Events

Networking Happy Hour

Please join the Bucks County International Trade Council (BCITC) and the Bucks County Economic Development Corporation (BCEDC) for a networking happy hour! This is an excellent opportunity to meet BCITC and BCEDC members and gain insight regarding how their services can help grow your business. Additionally attendees will have the chance to network with professionals from the region involved in both local and international business.

  • When: November 10, 5:30pm
  • Where: Newtown PA
  • Cost: Free

To RSVP, please check out the event flyer!

World Trade Center Harrisburg Export Finance Programs

Please join the World Trade Center (WTC) of Harrisburg for this informational event that will show new strategies to increase your bottom line, offer competitive financing rates, utilize low-cost export credit insurance, and obtain working capital loans. This event is geared towards CEOs, CFOs, and international marketing managers. This event will allow you to connect with attending speakers, finance lenders, and financial experts, as well as receive answers to your specific finance questions.

  • When: November 14, 9:00am-1:30pm
  • Where: Reading PA
  • Cost for WTC Members: $45
  • Cost for Non-Members: $60

For more information or to register, please visit the check out the event flyer!

NAFSA Region VIII Conference

Join the U.S. Commercial Service Philadelphia for its session at the Region VIII Conference of NAFSA (National Association for Foreign Student Advisers), the leading association for International Educators. Entitled, “Top Markets for Education and International Student Recruitment”, the session will highlight the trends and forecast of countries with high and growing student enrollment in U.S. academic institutions. Additionally, attendees will also learn of the federal resources available through EducationUSA (Department of State) and the U.S. Commercial Service (Department of Commerce). Participants will also hear from an institution and education company to learn how they have used the U.S. Commercial Service to assist with their respective international student recruitment efforts.  

  • When: November 16, 3:45pm - 5:00 pm
  • Where: Philadelphia PA
  • Cost: Varies

To register and learn more about the conference, visit the NAFSA Region VIII Conference website

World Trade Center Harrisburg 25th Anniversary Gala

Join the World Trade Center (WTC) of Harrisburg for it's 25th Anniversary Gala! The location of the Gala has been changed to the new WTC Harrisburg building, which will be an excellent opportunity to showcase the new office space. The Gala will also include a keynote speech by Terri Morrison, author of “Kiss, Bow, or Shake Hands,” on intercultural communications.

  • When: December 1, 5:30pm-9:00pm
  • Where: Harrisburg PA
  • Cost for WTC Members: $80
  • Cost for Non-Members: $95

For more information visit the WTC Event Page!

10th Anniversary Expanding Horizons

The Overseas Private Investment Corporation (OPIC) will be holding a workshop for small to medium U.S. businesses entering emerging markets. This workshop will feature the latest in the highly-successful Expanding Horizons series, which aids businesses in learning how to compete in the global marketplace. The highlight of this event is the opportunity to schedule one-on-one meetings with OPIC representatives who will be able to answer questions specifically related to your business.

  • When: November 18, 7:30am-4:45pm
  • Where: Baltimore MD
  • Cost: $50

For more information check out the event flyer!

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Trade Missions

March 2017

March 7-10, ICT Trade Mission to Singapore & Vietnam

March 12-16, Power Technologies Trade Mission to Saudi Arabia & UAE

March 26-31, Trade Mission to Central America in conjunction with the Trade Americas

March 27-31, Transportation Technologies Trade Mission to Turkey

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Webinars

November 2016

Nov 8, EXPORTERS: Update your Destination Control Statement (DCS)

Nov 8, Working Effectively Across Cultures

Nov 10, Explore the MusicExport & Licensing Marketplace in Argentina, Brazil and Chile

Nov 10, Direct Line for American Businesses: Doing Business in Tunisia

Nov 16, Hannover Messe 2017

Nov 16, Business Opportunities in Guatemala for U.S. Companies

Nov 16, The Secrets of Successful Trade Financing for Sales People

Nov 16, Investigate New Business Opportunities in TPP Markets: Agriculture Exports

Nov 22, Opportunity in Singapore and Vietnam

Nov 30, Business Opportunities in Belize for U.S. Companies

Nov 30, Investigate New Business Opportunities in TPP Markets: TPP and Small Business

December 2016

Dec 7, Webinar- Opportunities in China's Medical Device Market

Dec 7, Expand Your Global Sales Via - Automotive Meetings Queretaro, Mexico 2017 Webinar

Dec 14, Business Opportunities in Nicaragua for U.S. Companies

Dec 14, The Role and Effective Use of Credit Insurance

January 2017

Jan 11, Business Opportunities in Panama for U.S. Companies

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Extraordinary Exporter - Smart Kidz Club

Smart Kidz Club Graphic

SANTIAGO, CHILE and MEXICO CITY, MEXICO—Smart Kidz Club, Inc. is already filling an order for customers in Chile following a trade mission to Latin America in September 2016.

The Bear, DE,-based company joined the U.S. Commercial Service’s Trade Winds-Latin America trade mission to Chile and Mexico and is in talks with partners in both markets, on top of its completed deal with a digital public library in Chile.

“We have a potential customer evaluating our product in Mexico, and we made some connections in El Salvador and Argentina that we are exploring,” said company CEO Harjeet Singh. “We have some great prospects in both the near and long term, and I look forward to seeing how they work out. This could really have a huge impact for us.”

Smart Kidz Club provides a library of interactive eBooks and educational resources that help young readers gain access to a wide variety of content in English that helps widen their horizons. The company maintains a library of more than 400 eBooks and interactive tools available by subscription to libraries, educators, and parents.

“Companies in Latin America and around the world see U.S. companies as the global standard in innovation and technology,” said Tony Ceballos, director of the U.S. Commercial Service in Delaware and Philadelphia. “Smart Kidz Club customized their export strategy through Exportech in Delaware and learned they can compete anywhere in the world. I hope more Delaware companies will take advantage of international sales opportunities.”

Smart Kidz Club was one of about 100 U.S. companies that joined Trade Winds, which featured a three-day business forum in Santiago, Chile, and optional trade mission stops in Argentina, Bolivia, Mexico, Paraguay, Peru, and Uruguay. The Commercial Service team set up meetings with qualified potential partners for the U.S. companies visiting each market.

“We had some really high-quality meetings–not only with business leaders but also with U.S. embassy representatives from around the continent,” Singh said. “As soon as we got off the plane, we were nearly immediately meeting with people who could help our company grow.”

“Delaware companies that aren’t considering global opportunities to sell their goods and services are really missing out,” Ceballos said. “It’s not just the big companies that can export and find new revenue; there are opportunities across sectors for businesses of any size.”


Are You an Extraordinary Exporter?

Submit your application for the 2017 Presidential "E" Award!

Application Open: Nov 1, 2016 - Jan 20, 2017

The President's “E” Award, created by Executive Order of the President, recognizes persons, firms, or organizations which contribute significantly in the effort to increase United States exports.

There are two types of "E" Awards:

  • The President's “E” Award for Exports is awarded to a firm or organization that has made significant contributions to the increase of American exports.
  • The President's “E” Award for Export Service is awarded to organizations that may or may not export directly, but which assist or facilitate export activities.

For any Service providers: Any export service providers (banks, associations, freight forwarders, trade offices, EMCs) do not need to provide year-end sales figures so there is no need for them to wait until January to submit.

For more information and to fill out an application, please visit the Export Awards Page!

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    Country Spotlight: Singapore

    The Singapore economy expanded by 2.0% in 2015 and real GDP is forecasted to grow between 1.0% and 3.0% in 2016. China was Singapore’s top source of imports, followed by the United States, Malaysia, Taiwan, Japan, South Korea, Indonesia, Germany, United Arab Emirates, and Saudi Arabia.
     
    In 2016, the U.S. and Singapore commemorated 50 years of formal bilateral relations.  Trade between the U.S. and Singapore has continued to expand, thanks to one of the most successful FTAs on record, reaching $47 billion in 2015. Singapore is the United States’ 13th largest export market and a partner in the Trans-Pacific Partnership (TPP), which will significantly liberalize trade and investment in the Asia-Pacific and advance U.S. economic interests in some of the fastest growing economies in the world.
     
    Singapore has been ranked #1 in the world for ease of doing business since 2003 by the World Bank

    Emerging export markets include: aircraft and parts, medical devices, environmental control equipment, computer hardware, software & peripherals, telecommunication equipment, laboratory and scientific equipment, oil & gas, semiconductors, industrial automation and education.

    Read more about Singapore by visiting the Singapore Country Commercial Guide and how the Trans-Pacific Partnership increases the competitiveness of U.S. firms.

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    Did You Know...?

    The U.S. Commercial Service Offers Free Industry Information!

    Check out the U.S. Commercial Service's Industry pages, where you will find the latest market research, trade events, and trade leads; updated by our trade specialists around the world, on numerous industries from Agribusiness to Aerospace and Defense, Health Technologies to Finance, and many more!

    For example, take a look at the Health Care Technologies page where, among other resources, you can find the Healthcare Technologies Resource Guide, which provides a matrix of projected successes of sub-sector exports to over 70 countries as well as country specific information. We start with the Subsector Reference Chart and then explore the rest of the resource guide, because the chart provides a concise ranking for 57 countries regarding their ease of exporting across numerous subsectors such as clinical chemistry diagnostics, drugs and pharmaceuticals, and medical surgical devices. Use this valuable resource to check how highly countries rank for the subsector most relevant to your company's product!

    Once you've identified target markets for your product, check out the certification requirements to see if any countries may require additional certification. Next visit the country snapshots in the guide to learn more about the top markets you’ve identified that rank the highest and have the least additional certification requirements.

    Also don't forget to sign up for automatic updates from the healthcare technologies industry team!

    Similar information can be found for many other industries, so be sure to check out your industry page!

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