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China may be slowing, but Europe is dangling over the cliff

20 Feb

February 19, 2019 – Bloomberg reported last week that Europe looks like the real weak link in the global economy. According to the report, “Industrial production across the 19-nqtion euro area is falling at the fastest pace since the financial crisis, and deteriorating demand is evident as the region finds itself squeezed between international and […]

2018 International Market Potential Assessment ranks countries

7 Feb

February 6, 2019 – Larry Cresswell, SBA Regional Manager, Export Solutions Group, in his February St. Louis USEAC Newsletter posted a top international market index from the Global Edge at Michigan State University. See this link for the full report. https://globaledge.msu.edu/mpi/data/2018 With a US focus, the report ranks the overall market potential of the largest […]

Forecasts point to another strong year of retail sales growth

6 Feb

February 5, 2019 – HomeWorld Business carried a report today from the National Retail Federation (NRF) forecasting strong US retail sales this year following 2018 retail sales growth of 4.6%. Despite issues including the U.S./China trade war, a volatile stock market and the effects of the government shutdown, the NRF is forecasting sales to increase […]

US manufacturing, exports and imports continued to grow in January

2 Feb

Feb 1, 2019 – According to today’s Institute for Supply Management’s (ISM) “Report on Business”, manufacturing expanded in January registering 56.6 percent, an increase of 2.3 percentage points from the December reading of 54.3 percent. “This indicates growth in manufacturing for the 29th consecutive month. ISM’s New Export Orders Index slipped to 51.8 percent in […]

China expected to surpass US as world’s largest retail market

29 Jan

January 28, 2019 – China could become the world’s top retail market this year, displacing the United States, according to a report from eMarketer today. The report forecasts that China will surpass the US in retail sales by more than $100 billion. In 2019, China’s total retail sales will grow 7.5% to reach $5.636 trillion. […]

Mexico will Pour $4.34 Billion into Port Projects

29 Jun

According to www.bnamerica.com, Mexico’s transport and communications ministry is investing this money in port infrastructure projects. They include building two more ports, six port expansions, 12 specialized terminals, a crusie ship terminal and infrastructure for short-sea shipping.

Containerization Impacts Global Trade more than Free Trade Agreements

28 Jun

According to the Economist magazine, new research suggests that the simple metal box has transformed global trade more than all the trade agreements in the past 50 years combined.

July 16th Webinar Focuses on Exporting Food and Ag Products

28 Jun

If you are anticipating exportation of food and agricultural products, learn about Foreign Agricultural Service (FAS) services which include customized export assistance, cost-share export funding, trade show exhibit support, training and more at Iowa’s Going Global Webinar on July 16th at 1pm (CDT). Go to www.iowasbdc.org for details.

Credit Manager’s Index (CMI) Cites Continued Growth. Manufacturing a Rising Star.

27 Jun

June’s combined CMI numbers continued May’s dramatic pace with the manufacturing sector topping its highest level in two years.The Sales and Amount of Credit Extended components drove manufacturing’s Index of Favorable Factors, according to the National Association of Credit Management from its June survey of credit managers.

Hazard Analysis-Critical Control Point Training Set for July 16-17 in West Fargo

21 Jun

Dakota Global Food Solutions of Fargo will be holding a Hazard Analysis – Critical Control Point (HACCP) training seminar July 16-17 at the North Dakota Trade Office International Room located in Schollander Pavilion at the Red River Valley Fairgrounds in West Fargo, ND. The seminar is designed to provide HACCP training and certification for meat […]

Taiwan Battles Back In Central America

21 Jun

According to the June 20th edition of CentralAmericanData Express, Taiwan is funding $50 million of road construction in Guatemala, and another $22.5 million for a hospital in Panama. Unreported, but reading between the lines, this is a bold initiative by Taiwan to offset investments by “other” countries.

China – Understanding the CCC Mark Certification Process

19 Jun

If your company is selling, or plans to sell, its products – especially IT and machinery equipment – in China, this TUV SUD America one-hour webinar briefing presents an overview of the CCC Mark, product categories and an understanding of the submittal/approval process. Email vazimi@tuvam.com for information.

U.S. Customs Begins Full Enforcement of Importer Security Filing with Big Fines

19 Jun

Customas & Border Protection (CBP) will begin enforcement of the Importer Security Filing 10+2 (ISF) begining 9 July, three years after the regulation was announced. Non-compliance can result in heavy-duty fines and issuing of liquidated damages against importers and carriers if not completed 24 hours prior to sailing. For more information on this important directive, […]