Strategies for Growth
More than 96 percent of the world's consumers live outside of the U.S.
Exporting gives businesses access to untapped foreign markets and markets that are less saturated with competition. Companies can take advantage of economies of scale when producing for larger, international markets, which can lower production costs and make products more competitive for both domestic and international markets.
The most successful exporters are innovative small and medium-sized businesses, which account for 98 percent of U.S. exporters. Businesses that export have faster-growing sales, create more jobs and are less likely to go out of business than non-exporting establishments.
International markets have never been more accessible:
ITA works to improve the global business environment and helps U.S. organizations compete at home and abroad. The ITA fact sheet is especially helpful.
Food Export USA promotes the export of food and agricultural products from the United States. The organization has been helping exporters of northeast food and agricultural products sell their products overseas since 1973.
Operated by the U.S. Commercial Service, Export.gov is a comprehensive resource for export information. The site's Export Readiness Assessment is a valuable tool for determining whether your operation is equipped and ready to begin exporting.
A critical first step to expand your business is networking. The State of Delaware has fostered relationships with businesses and professional organizations and developed many friends overseas, and is eager to make introductions.