- Table of Contents
- Full Issue in PDF
- Brazil and the United States: Working to Advance Their Common Prosperity
- In Colombia, Trade Opportunities and Stiff Competition
- Mastering the Art of Helping U.S. Companies Export
- Short Takes
- Trade Calendar
- Featured Trade Event: World Trade Week 2011
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- World Trade Week 2014
- World Trade Month 2013
- World Trade Week 2012
- National Export Initiative Anniversary
Featured Trade Event: World Trade Week 2011
The state of U.S. exports in 1939, as reported in the May 18, 1940, issue of Commerce Reports. National Foreign Trade Week was the predecessor of today’s World Trade Week
Writing to Secretary of State Cordell Hull in May 1938, President Franklin D. Roosevelt made the astute observation that “a healthy and vigorous flow of trade between nations is an indispensable requirement for general and lasting prosperity” and that through international trade the United States is “gradually building more secure foundations for our own national economic well-being.”
The occasion of Roosevelt’s message was one of the very first celebrations of World Trade Week, then known as “National Foreign Trade Week.” This annual event was first observed in the 1920s in Los Angeles, California. Later, in 1933, the event was given national recognition in the midst of the Great Depression.
Now, nearly 80 years later, the United States is again emerging from a severe economic downturn. Exports are a more important part of the U.S. economy than ever before: they accounted for 12.5 percent of U.S. gross domestic product in 2010. And with President Barack Obama’s call to double U.S. exports by 2015 through the National Export Inititiative, this growing importance of global trade to U.S. prosperity will only continue.
The renewed emphasis on international trade will be evident in the many celebrations scheduled to take place across the country during World Trade Week 2011.
Los Angeles will launch its observation of World Trade Week on May 6 with a kickoff breakfast that features keynote speaker Matthew K. Rose, president and chief executive officer of BNSF Railway Co. For more information and a listing of other events in Los Angeles, visit www.lachamber.com.
World Trade Week in New York City will kick off on May 16, when the New York District Export Council hosts an awards ceremony and breakfast. For more information, visit www.worldtradeweeknyc.org.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.