The National Export Strategy is the annual report of the Trade Promotion Coordinating Committee (TPCC), an interagency body comprised of 20 federal agencies.
The 2008 report takes a look at trends that contributed to the growth of U.S. exports in recent years, including strong foreign demand, the growth of e-commerce, and continued U.S. competitiveness. It then discusses, in four chapters, several policy priorities for federal export promotion activities, including:
- broadening and deepening the base of U.S. exporters, by partnering with U.S. states and cities, large private-sector export service providers, and trade associations.
- exploiting the advantages of free trade agreements (FTAs), by introducing more U.S. companies to FTA partners and creating market-entry opportunities in these markets.
- focusing on priority markets—Brazil, China, India, and Russia—that have huge commercial potential, but which present significant difficulties for U.S. companies seeking to enter them.
- looking to so-called “next generation” markets, such as the Middle East and Africa, which are integrated into the global economy and expected to experience continued economic growth over the coming years.
The TPCC was established by the Export Enhancement Act of 1992 to coordinate the export promotion and financing programs of the U.S. government, as well as to develop a comprehensive plan for implementing government-wide strategic priorities.
(November 2008; iv, 94 pages; ISSN 1544-7057)