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TEXAS EXPORTS REACH $289.0 BILLION IN 2014, HITTING NEW RECORD

Data show that trade promotion legislation, new trade agreements would benefit Texas’s workers and businesses

WASHINGTON – Merchandise exports from Texas hit $289.0 billion in 2014, reaching a new record. Texas’s exports in 2014 helped the U.S. achieve a record high for goods and services exports: $2.35 trillion.

North Texas DEC Member Discusses the Little-Noticed Role of Trade in Small Business Success

 
As a new Congress settles in, members of both parties have identified trade as a prime area for bipartisan cooperation. Senate Majority Leader Mitch McConnell (R-Ky.), House Speaker John Boehner (-Ohio), and President Obama—in his State of the Union address last night—have all called for renewal of Trade Promotion Authority (TPA), which gives Congress a stronger role in U.S. trade negotiations.
 
While many think trade is the domain of big business, 98 percent of the 300,000 American companies that export are small and medium-sized businesses. These firms account for one-third of U.S. merchandise exports, according to the U.S. Department of Commerce. The number of small and mid-sized companies that export has nearly tripled over the past two decades.
 
Consider Dallas-based Chem-Crete International. Founded in 1969, it manufactures a permanent, environmentally safe, user-friendly and economical liquid waterproofing material for the concrete industry. Why does trade matter to Chem-Crete or to our country?
 
“In a word,” said Chem-Crete President and CEO Radi Al-Rashed, “it comes down to jobs.” Chem-Crete has expanded its global reach to the point that it now exports its products to more than 85 countries, and it now employs 20 workers.
 
However, small businesses often find the playing field for trade isn’t level. While the U.S. market is generally open, exports face foreign tariffs that often soar into double digits as well as a thicket of non-tariff barriers.
 

North Texas DEC Member Speaks Out Regarding U.S. Export-Import Bank

Critics Wrong that Ex-Im Bank Only Benefits Big Companies
 
By David Ickert
The Dallas Morning News
Published: June 8, 2014
 
The Dallas Morning News recently editorialized about the increasingly fierce debate about the Export-Import Bank, which encourages U.S. exports by facilitating financing for foreign buyers of American-made products. The fight against the bank has been focused on big companies, and among those leading the charge is Dallas Republican Rep. Jeb Hensarling, who is making headlines by working to eliminate one of the nation’s most productive tools for generating exports.
 
The conflict as cast misses the point: Critics of the Ex-Im Bank who suggest it benefits only large corporations are just flat-out wrong. Our company, Air Tractor, has manufactured agriculture aircraft in the West Texas town of Olney for more than 40 years, and we export our products to scores of countries on six continents. The Ex-Im Bank is critical to our business and our ability to create and sustain jobs. Air Tractor is owned by its 265 employees, who would suffer dramatically if Congress fails to re-authorize the Ex-Im Bank.
 
Air Tractor is one of more than 1,000 companies of all sizes in Texas that benefit from the Ex-Im Bank, which bolsters domestic exports without costing taxpayers a dime. Last year the bank set a new record by approving more than 3,400 small business transactions, which amounted to 90 percent of the bank’s total transactions.
 

Texas Camino Real DEC member Received E-Award

U.S. Secretary of Commerce Penny Pritzker presented Bioo Scientific with the President’s “E” Award for Exports at a ceremony in Washington, D.C. The “E” Awards are the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports.  “Opportunities are everywhere, said Mark MacBeath, Business Development Manager at Bioo Scientific. “Now that exporting has become commonplace you can find customers across the world just as easily as you would domestically.

North Texas DEC Member is Presented the President's E Star Award


North Texas DEC Member Nate Muncaster, on behalf of Polyguard Products, was presented the President's E Star Award by Secretary of Commerce Penny Pritzker. This award was given to Polyguard Products in recognition of its noteworthy export promotion efforts. E Star Awards are only given to previous recipients of the President's E Award and E Star Award applicants must show at least four years of successive export growth since winning the “E” Award. For more information on the E Star Award, please visit export.gov/exportawards.

U.S. Secretary of Commerce Thanks DECs and Discusses NEI/Next

The U.S. Secretary of Commerce, Penny Pritzker, recently commended the District Export Councils for their partnership with the U.S. Commercial Service and for the role they are playing in increasing U.S. exports. As the Secretary notes, "DEC members embody the spirit of civic engagement", and that the Department of Commerce, in its efforts to increase U.S. exports, "can rely on the support of a trusted and valued group of private sector leaders such as the DEC members."  To read the letter, click letter
 
Additionally, the Secretary also recently discussed the launch of the NEI/Next Initiative. To watch a video of her discussion, click video.

First Ever Southwest DEC Regional Forum Held in San Antonio

For the first time ever, the District Export Councils of the Southwest Region held a DEC Regional Forum on April 30 in San Antonio, Texas. The Forum was held just prior to the DISCOVER GLOBAL MARKETS conference being held the following two days. The DECs represented included the Arizona, Camino Real, Houston. Louisiana, North Texas, Rocky Mountain and West Texas DECs. Over 60 DEC members and U.S. Commercial Service personnel were in attendance The day-long Forum focused on DEC Best Practices as panelists from various DECs shared the successes and challenges their DECs have enjoyed and faced. Following the Best Practices panels, the Southwest Region DECs hosted a reception that included attendees from the DISCOVER GLOBAL MARKETS San Antonio conference. This Regional DEC Forum will provide a template for future Regional DEC Forums in 2014 that will be held in conjunction with upcoming DISCOVER GLOBAL MARKETS events.

DISCOVER GLOBAL MARKETS San Antonio a Success


The DISCOVER GLOBAL MARKETS conferences being held by the U.S. Commercial Service in 2014 have begun with a bang. The first such event, DISCOVER GLOBAL MARKETS San Antonio, held on May 1-2, brought together U.S. businesses looking to export to and do business in the Middle East, Africa and India, and U.S. foreign commercial service officers stationed in countries within these regions. The event provided critical knowledge and insights on how U.S. firms can be successful in exploiting the commercial opportunities existing within these regions. While certainly not without risks, the possibilities for success in these regions were embraced by the conference participants as U.S. foreign commercial service officers were kept busy with one-on-one appointments with firms pursuing information regarding these opportunities. The remaining DISCOVER GLOBAL MARKETS conferences being held in 2014 promise as well to be a boon for U.S. business seeking to learn about prospects for successfully entering a wide variety of foreign markets that will be covered by these events.

Texas Surpasses California as Top Tech Exporter

By Dallas Morning News
Published: February 11, 2014
 
Source- trailblazersblog.dallasnews.com/2014/02/texas-surpasses-california-as-top-tech-exporter.html

WASHINGTON–Texas is tops for tech exports, a new report says.
 
Companies in Texas making semiconductors, telecommunications devices, computers, and other items shipped more than $45 billion in products to other countries in 2012, according to a report by the TechAmerica Foundation, a lobbying and advocacy firm representing the technology industries. That’s a $3 billion rise from 2011.
 
Tech from Texas most often goes to Mexico– companies in the state shipped $22 billion south of the border in 2012. All that trade supported 331,000 jobs in Texas, the report said, also the most of any state. Texas has 22 percent of the nation’s technology manufacturing jobs.
 
“Texas is really happy to have this kind of emphasis put on its tech industry,” said Rep. Kenny Marchant, R-Coppell, who appeared today at a news conference at the Capitol announcing the report with Rep. Joaquin Castro, D-San Antonio. “It’s an incredible accomplishment to be the No. 1 state in the country.”
 
This is the first year that Texas topped California in tech exports. California exports were worth $44.8 billion in 2012, down nearly 3 percent from the previous year.
 
Matthew Kazmierczak, vice president of the foundation, attributed the shift to rising manufacturing costs in California and Texas’ business-friendly atmosphere.
 
He said tech companies in California are focusing more on product design, in part because the state’s higher labor costs makes manufacturing less competitive.
 

DEC Members Feel the Cold Wind of the Current Chill in U.S.-Russian Relations

U.S. Exporters Feel Chill in Russia Orders
By USA TODAY
Published: March 23, 2014

Source- http://www.usatoday.com/story/money/business/2014/03/23/us-russia-export...

Some U.S. exporters say they're already feeling the effects of the nation's confrontation with Russia as product orders from that country are suspended, pared back or halted.

“I'm feeling a cold freeze in our relationship with businesses in Russia,” says Roy Paulson, CEO of Paulson Manufacturing of Temecula, Calif.

Roy Paulson, CEO of Paulson Manufacturing in Temecula, Calif., exports his company's industrial face guards to customers in Russia. He is among the U.S. exporters watching closely the U.S. confrontation with Russia over Crimea. (Photo: Dan MacMedan USA TODAY)

He says the company, which makes protective face shields for industrial and public safety use, hasn't received a customer request for an order price from his distributor in Russia in several weeks. Normally, he says, he's juggling three or four such requests at a time.

Thus far, President Obama has placed limited sanctions on Russia in response to its incursion into Ukraine, blacklisting and freezing the assets of 20 high-level Russian officials. Obama has raised the possibility of more punishing sanctions against specific industries.

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