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U.S. Commercial Service U.S. Department of Commerce. US Exports to South Korea Grand Rapids Export Assistance Center. U.S. Commercial Service. Our mission:

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U.S. Commercial Service U.S. Department of Commerce

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U s commercial service u s department of commerce

U.S. Commercial ServiceU.S. Department of Commerce

US Exports to South Korea

Grand Rapids Export Assistance Center


U s commercial service

U.S. Commercial Service

Our mission:

The U.S. Commercial Service promotes and protects U.S. commercial interests abroad and delivers customized solutions to ensure that U.S. businesses compete and win in the global marketplace.

Operates a seamless worldwide network of offices in 109 U.S. cities and at U.S. embassies and consulates in 80 countries.

The U.S. Commercial Service is part of the U.S. Department of Commerce, an agency of the United States government.


Why export

Exports mean jobs. About one of every five factory jobs in America–depends on exports.

During the past 25 years, U.S. exports increased five-fold from $224 billion to more than $1.4 trillion in 2006.

Exports mean new customers. More than 70 percent of the world’s purchasing power and 90% of the world’s population live outside of the United States.

Why Export?


Our network what it can do for you

Our Network & What It Can Do For You

We can...

  • Locate international buyers, distributors & agents

  • Provide help at every stage of the export process

  • Help you to enter new markets faster


Why korea

Why Korea?

The 13th largest economy in the world and is an outstanding trading partner for the United States.


Michigan top export countries 2007

Michigan Top Export Countries - 2007

  • Canada 25,631,000,000

  • Mexico 5,206,000,000

  • China 1,313,000,000

  • Japan 1,308,000,000

  • Germany 1,267,000,000

  • United Kingdom 743,000

  • Venezuela 693,000

  • France 679,000

  • South Korea 627,000

  • Saudi Arabia 545,000

Total Worldwide = $44,371,000,000

Provided by the Office of Trade and Industry Information, Manufacturing and Services, International Trade Administration, U.S. Department of Commerce


Naics total all merchandise exports from michigan to south korea in thousands usd

NAICS Total All Merchandise   Exports from Michigan to South Korea in thousands ($ USD)

  • Transportation Eq.

  • Chemical Manufactures

  • Machinery Manufactures

  • Primary Metal Manufactures

  • Processed Foods

  • Non-Metallic Mineral Mfgs

  • Computers & Electronic Prod

  • Fabricated Metal Products

  • Elec. Eq., Appliances & Parts

  • Furniture & Related Products


Leading sectors for exports to south korea

Leading Sectors for Exports to South Korea

Engineering Services

Medical Equipment & Devices

Pollution Control Equipment

Security Services and Products

Specialty Chemicals

Travel and Tourism

Wireless Broadband Equip.

Automotive Parts and Accessories

CNC Machine Tools

Computer Software

Cosmetics

Defense Industry Equipment

Drugs and Pharmaceuticals

Education and Training Services


Getting started

Getting Started

  • Ask Tough Questions

  • Do Your Homework

  • Use Resources


Commercial service can provide companies

Commercial Service Can Provide Companies

  • Export Counseling

  • Gold Key Service

  • International Market Research

  • Training Programs


U s commercial service u s department of commerce

Market Research

Library

  • Country Commercial Guides

  • Industry Overviews

  • Market Updates

  • Multilateral Dev. Bank Reports


U s commercial service u s department of commerce

Market Research


U s commercial service u s department of commerce

Market Research


Free trade agreements

Free Trade Agreements

  • Current Agreements: Israel, Jordan, Chile, Singapore, Australia, Morocco, Bahrain, CAFTA and NAFTA

  • Pending Congressional Approval: Peru, Panama, Republic of Korea, and Colombia

  • Pending Implementation: Oman

  • Other Negotiations: Malaysia, Thailand, SACU, UAE


Fta facts

FTA Facts

  • Last year set a record with $1.4 trillion in total U.S. exports

  • Countries with which we have FTAs make up 7.5% of the world, but 42% of exports

  • The Korean FTA would eliminate 95% of tariffs on consumer & industrial goods within 3 years


Faq s

FAQ’s

  • What is the first step in exporting?

  • Do I need a license to export?

  • Payment terms?

  • Qualifications to be a representative?

  • Travel vs. internet; why travel?

  • Documentation?


Our clients

Our Clients

“MDEC-West and GREAC have been useful getting us information on international markets, right down to the products being sold, important suppliers, and equipment sold in each country by brand.”

American Litho/Konica Minolta

Grand Rapids, MI

Burke Porter is the undisputed leader of automotive testing equipment in South Korea. Market share has reached the 90th percentile in several categories.

Burke Porter, Grand Rapids, MI

“We attribute the growth in our international business to the products we build in North America.

The international market is opening up and we see a lot of potential to grow”

Armstrong International, Three Rivers, MI


How to contact us

How to Contact Us

Thomas Maguire, Office Director

Kendra Kuo, International Trade Specialist

401 W. Fulton, Suite 349-C

Grand Rapids, MI 49504

Tel: 616-458-3564Fax: 616-458-3872

Email: [email protected]

www.export.gov/cs

www.exportwestmichigan.com


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