Exporting

Even U.S. companies can get hit with violations of U.S. OFAC economic sanctions

$599,705,997. What is this figure? It’s the year to date total amount of civil penalties and settlements received by the U.S. Treasury Department Office of Foreign Assets Control for violations of U.S. economic sanctions.

Michigan one of five states that accounted for 50 percent increase in export-related jobs since 2009

Exporting, CertifyMichigan, Globe with Packages

In 2014, exports of goods and services directly and indirectly supported an estimated 11.7 million U.S. jobs. Nationally, goods exports consisting of manufactured products, agricultural products, natural resources and used/second-hand products supported 7.1 million jobs, of which 6.2 million jobs were supported by exports of manufactured products. The export of services accounted for the remaining 4.6 million jobs supported.