World Business Exchange

The Import Export Resource for International Trade from Home

Issue: 17
         
         

WBE.Net Newsletter

 Release Date: 2-20-08

 

American Exports Feed the World

The US pork industry achieved its 16th straight record-setting year of exports in 2007, sending nearly three billion pounds of pork to other nations around the world.  Japan is the top destination for US pork, accounting for more than a third of all US pork exports.  Mexico is second, followed by Canada.  The China-Hong Kong market is the largest growth area for US pork exports.  WBE.Net Founder/CEO Roosevelt Roby says, "This is one more example of how the world values America.  You might hear that we are not popular here or there, but the facts speak for themselves:  America is feeding millions.  We are helping the world's children to gain the strength they need to study and grow and make their countries strong...and allies of America."  

 

Plan Now - Money Is On the Way!

Congress has passed and the President has signed the awaited multibillion-dollar economic stimulus plan.  Now the country wonders what we'll do with this gift to our mailbox.   Most households stand to receive $300 to $1,200.  Due to worries about a possible recession, many plan to add to their savings accounts, invest the money, or pay some bills.  But analysts report this $170 billion package will only save America from a crisis if we put it to work by spending it!   The WBE.Net notes that the strongest sector of the US economy is export trade.  That's what's been holding up our economy, and that's what The World Business Exchange Network teaches.  Tell your friends to call toll free to (800) 537-7347 so WBE.Net can send them a CD and brochure - No Obligation - about how to learn international trade and still have cash left over from that check.  They'll be investing in America's future, and their own futures too!

 

Let's Play

Argentina's toy market totals  $600 million a year.  Imports into Argentina amount to 85 percent of the overall market with China leading the way, followed by the United States, Italy and Denmark.  Key dates for toy sales in Argentina are Christmas, and Children's Day in  August.   One of the most effective ways to break into this potentially lucrative US export market is to attend toy shows in Argentina.  Exhibitors often hook up with trading partners through contacts they make at these fairs.  Argentina's leading trade show for toys will take place from April 27-30, 2008 in Buenos Aires, sponsored by the Argentine Association of Toy Manufacturers.  For further information and assistance, contact WBE.Net's partner, the US Commercial Service.  The Service's Trade Events Manager in Argentina is Diana Brandon, who can be reached by phone at (54-11) 5777-4550 or via email at Diana.Brandon@mail.doc.gov. 

 

Energy Independence:  Hydrogen

As America moves to free itself from the need to import oil - often from countries not friendly to the US - a promising alternative is using hydrogen to power our vehicles.  Imagine using electric vehicles that run on hydrogen, the most abundant element in the universe!  We already have cars and trucks that use hydrogen fuel cells that create electricity  with no battery recharge needed and no gasoline required.  A fuel cell is a chemical-reaction box.  In the case of the hydrogen car, this fuel cell combines hydrogen, stored in a tank, with oxygen from the air, to make electricity.  Aside from the power that runs the car, water vapor and heat are the only other byproducts.  Honda, which maintains extensive design and manufacturing facilities in the US, has just introduced a revolutionary fuel cell hydrogen car, the FCX Clarity, which has a range of 270 miles per tankful, and a top speed of over 100 mph.   

 

Did You Know?

America is the largest exporting nation on the planet, but we could easily grow in this area.  Less than one in five US companies send their product overseas.  That's mostly due to thinking that America's huge domestic market is sufficient for long-term success.  Yet, with a possible US recession looming, it makes sense to expose US products to markets across the planet.  The first concept to accept:  you are not too small to do this.  Most exporters are small-to-medium companies - they account for more than 95% of the country's exports!  Here are the two best ways to make sure you get paid:  Lining up an Advance Payment by credit card or wire transfer generally assures you success in receiving your cut of the deal.  The next best payment method after that is a Letter of Credit.   Check with your bank for detailed information.

 

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