Certificates of Origin

10 Interesting Facts about Exporting in Michigan

mackinaw bridge

Michigan’s preeminence in manufacturing and industrial research and development make it the ideal home for export-based industries, and its strategic location offers easy access to Asian, European, and North and South American markets. Overall, trade supports nearly 1.2 million Michigan jobs.

Ten Steps to Successful Exporting

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Here are ten steps for successfully becoming an international exporter. Once you are successfully exporting into one market, apply that to another new market, like adjacent countries or those with similar characteristics. Once you have a good understanding of what it takes to become successful, your exploration into additional markets should be quicker and potentially easier for you to continue with your expansion and growth.

1. Decide where to sell

2. Have a plan

3. Choose a route to market

4. Find the opportunities

5. Start marketing

Do Export Controls Apply to You?

Exporting is a privilege, not a right. Before you begin exporting you have to know where your product or service stands in terms of export controls.

The U.S. controls exports of tangible items, technology, software and some services. There are several government agencies that control exports. Three government agencies that control the majority of exports from the U.S. are the U.S. Department of Treasury, the U.S. Department of State, and the U.S. Department of Commerce.

OFAC Economic Sanctions Violations

5 Reasons to Consider Exporting

1. Access 
Today, improvements in trade finance, the Internet, and trade agreements have dramatically increased access to markets worldwide.  
 
2. Demand
More than 70 percent of the world’s purchasing power is located outside of the United States. Your competitors are increasing their global market share, and you can too. 
 

How to Create an Export Business Plan

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Exporting can create a whole new playing field of opportunity for small businesses. Nearly 96 percent of consumers live outside the U.S. and two-thirds of global purchasing power is in foreign countries, according to the U.S. Small Business Administration (SBA). Yet fewer than 2 percent of U.S. businesses export. 

Why Export?

The first stage in export planning is to investigate the market and the various reasons to consider exporting to customers. This article details the value in trillions of dollars that U.S. total exports hold and explains some of the reasons why small-to-medium sized businesses are in a good position to leverage selling to overseas markets.

Michigan posts double-digit growth in exports; what are other countries buying from us?

More Michigan companies are realizing that tapping into foreign markets can be a money maker and job creator.

Looking for a way to diversify and weather the economic downturn, the owners of Rugged Liner Inc. in Owosso hired an international sales director in 2010 to expand sales beyond the United States and Canada.

How To Start An Import/Export Business (Part 1 of 2)

So you want to sell to the world? You’ve come to the right place. Thanks to the Internet, setting up an import/export business can be ridiculously simple and very profitable. Here are ways to make it happen.

Without a website or blog, you can't have a networked import/export business. Get yourself a platform that allows you to develop a presence online and grow your business beyond your wildest imagination.

The goal is to balance the flow of communications, sell products online (or offline) and build your customer base to drive profits for your international business.

The Top Export and Import in Every US State

The following two maps show the most valuable import and export in each state in America by dollar value. The maps were prepared by cost estimating website Fixr.com using 2014 data from the US Census Bureau.  

The US buys many more products than it sells. According to the Bureau of Economic Analysis, the U.S. imported $239.2 billion worth of goods in March compared to exports of just $187.8 billion.