NT Export Brokerage

 

 

NT EXPORT BROKERAGE (NTEB) can help  identify foreign buyers who may need your products and services, establish  contacts and set up meetings that bring buyers, sellers, and possibly lenders together. 

 

Why Should you Export?

 

Exporting offers numerous advantages for your company, but, unfortunately, many small and medium sized business have not taken advantage of the incredible opportunities that exist.  The massive restructuring of political boundaries, the opening of new consumer markets, historic trade agreements, and the global economy, influenced by the worldwide access of manufacturing technology which has created competitive manufacturers able to produce cheaper, faster, and better. Formerly underdeveloped countries have become serious rivals to established economies due to worldwide links to communication systems and the explosion of social media, streaming and electronic access to information. There has never been a more opportune time for U.S. firms to capitalize on these market shifts. Therefore, it is critical to a country and its businesses to grow and to develop larger export markets.

 

Exporting:

Increases sales and profits. If the business is performing well domestically, it is likely that expansion into foreign markets will improve profitability. Yet the U.S. Department of Commerce found that only 3 of 25 businesses export, although they are all capable of it.

Gain Global Market Share. Over 95% of the world's economic activity is outside the United States.

Reduce Dependence on Existing Domestic Markets. By expanding into foreign markets, the business will increase its marketing base and reduce internal country competition.

Stabilize Market Fluctuations. By expanding into global markets, businesses are no longer held captive to economic changes, consumer demands, and seasonal fluctuations within the domestic country.

Sell Excess Production Capacity. By exporting, production capacity and length of production runs may increase, thereby decreasing average per unit costs and increasing economies of scale.

Enhances Competitiveness. Exporting has proven to enhance competitive advantage. While the business will benefit from exposure to new technologies, methods, and processes, the country will benefit from an improved balance of trade.

 

Create Domestic Jobs. It is estimated that U.S. exports of goods and services supported a total of 1.3 million jobs.

 Help Reduce the Trade Deficit. Exports represent eight percent of the U.S. Gross Domestic Product (GDP) out of $750 billion of annually traded goods and services.

Find Excellent an qualified export representatives. For many businesses, the decision not to export is based on the fear of the unknown as the myths, myopia, and misperceptions of exporting. Trade promotion organizations throughout the United States have been established to assist companies that are strong domestically but have not contemplated export markets. These organizations help businesses with every step of the export process.