International Trade Center

📝 #MondayMarketMemo - France! France is the 7th largest economy in the world and 3rd largest in Europe with a consumer base of over 65 million people. French consumers are known for appreciation of high-quality and innovative products making it an ideal market for US #exporters. France has a diverse economy with strong sectors in aerospace, automotive, energy, agriculture and food among others. The French and the US have a long-standing #internationaltrade relationship. US #exports to France in 2023 totaled more than USD 45 billion. France boasts a stable and attractive business climate, friendly government policy and an extensive transportation network. Interested in learning more about #globalbusiness opportunities in France, the ITC is your #globalmarketresearch partner. Contact the ITC today! Learn more about France ➡️ https://lnkd.in/gyDZRHe3 University of Missouri Trulaske College of Business #MIZ #internationalbusiness #globaltrade #goingglobal #globalmindset #exportsuccess

👻 ITC wishes you a very haunted Halloween! Halloween is one of the world's oldest holidays. Although rooted in ancient festivals and religious rituals, Halloween is widely celebrated in a number of countries around the globe. 🎃 Canada and the US, traditions include costume parties, trick or treating, pranks and games. 🎃 In Mexico and other Latin American countries, Dia de los Muertos - the Day of the Dead - honors deceased loved ones and ancestors. 🎃 In Italy, they celebrate Ognissanti or "All Saints" holiday. Learn more about Halloween around the world ➡️ https://lnkd.in/dAKB6WA

📝 #MondayMarketMemo - Mexico! Mexico is the 14th largest economy in the world providing #globalbusiness opportunities for a wide range of US products and services. Mexico's GDP grew by an estimated 3.2% in 2023 driven by strong services sector and the resilient job market. The US-Mexico-Canada Agreement (USMCA) facilitates easier and more beneficial #internationaltrade conditions between the US and Mexico. In 2023, US #exports to Mexico totaled USD 323 billion making them the 2nd largest trade partner. Close cultural, social and economic ties make Mexico an ideal market for first-time US #exporters or companies looking for new #internationalmarkets. Interested in exploring #globaltrade opportunities in Mexico, the ITC is your partner for high quality #globalmarketresearch. Contact ITC staff members Jackie Rasmussen, CGBP and Krista Hinrichs, CGBP today! Learn more about Mexico ➡️ https://lnkd.in/g-MZeVC3 University of Missouri Trulaske College of Business #MIZ #internationalbusiness #goingglobal #exportsuccess

ITC is loving the new fact sheets by U.S. Chamber of Commerce illustrating the benefits of #internationaltrade in every state! With 95% of the world's consumers living outside the US there are #globalbusiness opportunities all around the globe for US businesses. More than 41 million American jobs depend on #globaltrade with many of these jobs averaging about 18% higher in wages. #Exports provide economic growth and job creation throughout the US! Check out your home state's international trade impacts ➡️ https://lnkd.in/egkjpa8u University of Missouri Trulaske College of Business #internationalbusiness #goingglobal #exportsuccess

📝 #MondayMarketMemo - Bahrain! Bahrain has multiple free trade agreements including the US reducing tariffs and making #globaltrade more cost-effective. US #exports to Bahrain in 2022 reached USD 950 million with top products including aircraft and spare parts, special classification codes, boilers, machinery and parts, and vehicles and spare parts. Bahrain's central location in the Middle East make it a gateway to the Gulf markets and beyond. The country has developed infrastructure with modern ports and logistics facilities creating ease of #trade. Their robust financial sector provides support for #tradefinance and other financial services. Bahrain is known for its open economy and supportive regulatory environment making it an ideal #globalbusiness partner for US #exporters. Looking to get a better understanding of the #internationaltrade outlook for Bahrain, contact ITC for all your #globalmarketresearch needs! Learn more about Bahrain ➡️ https://lnkd.in/grGM54yT University of Missouri Trulaske College of Business #MIZ #internationalbusiness #goingglobal #exportsuccess #globalmindset

ITC looks forward to the 2024 National #SmallBusiness #Exporter Summit on October 23! The Summit is a virtual event providing an opportunity to connect with #exporters, #trade professionals and trade assistance providers sharing best practices in #internationaltrade! The event will also recognize Outstanding Exporter Honorees from across the US engaged in exporting and fostering #globalbusiness to strengthen and grow their businesses. Make sure to register for the 2024 Exporter Summit, we hope to see you next week! Register Now 🔗 https://lnkd.in/gQgwCfR3 2024 Exporter Summit Agenda ➡️ https://lnkd.in/gRgkfkrq University of Missouri Trulaske College of Business NASBITE International, CGBP #internationalbusiness #globaltrade #goingglobal #exports #exportsuccess

📝 #MondayMarketMemo - Thailand! Thailand is centrally located in SE Asia making it a gateway to other ASEAN markets. The country has well-developed infrastructure including ports, airports and road networks supporting logistics and transportation for #internationaltrade. Thailand is an upper middle-income market and is the 2nd largest economy in the ASEAN region. Thailand's GDP in 2022 was USD 526B, a 2.6% increase from the previous year. Thailand is a diverse market with demand for a wide range of products from agricultural goods to high-tech products. In 2023, US #exports to Thailand totaled USD 15.56B. Thailand is a great option for #globalbusiness with its strategic location, growing economy, robust infrastructure, and diverse #export market. Thailand is an attractive destination for US #exporters looking to expand their market reach, contact the ITC office today for all your #globalmarketresearch needs! Learn more about Thailand ➡️ https://lnkd.in/eZpDcmE8 University of Missouri Trulaske College of Business #MIZ #globaltrade #internationalbusiness #goingglobal #exportsuccess

University of Missouri Trulaske College of Business International Trade Center Interns completed their Mid-Project meetings this week! Each team provided an overview of their Phase I research. Sharing trade flow analysis to gain better understanding of global purchase patterns and trends. Reviewing economic and industry data to help quantify potential market size and demand. Evaluating US and #globalmarket industry data to identify opportunities, challenges, and growth trends. Congrats to all our ITC Interns for a job well done! Thank you again to our four company projects - Burger Specialty Foods (Burgers' Smokehouse), Cocoon Revolution by Thermasi, Heron, Kentegra Biotechnology Holdings LLC and Patrices Culinary Collective!  #MIZ #studentsuccess #globalbusiness #goingglobal #exports #globalmarketresearch

💡 Did You Know? - Business Ready (B-READY) 2024 Report is now available! B-READY is a NEW data collection and analysis tool by The World Bank Group to assess the business and investment climate worldwide! It replaces and improves upon the earlier World Bank's Doing Business report. All topics examined by B-READY are structured under three pillars - Regulatory Framework, Public Services and Operational Efficiency. B-READY is in a three-year rollout phase between 2024-2026, with 50 economies included in the 2024 report. September 2025 report will cover more than 100 economies with the third report expected to be released in September 2026 assessing about 180 economies. B-READY is organized into ten topics: Business Entry, Business Location, Utility Services, Labor, Financial Services, International Trade, Taxation, Dispute Resolution, Market Competition and Business Insolvency. Learn more about B-READY 🔗 https://lnkd.in/dps8Zx5n University of Missouri Trulaske College of Business #globalbusiness #internationaltrade #goingglobal #exports #exportsuccess #globalmarketresearch

📝 #MondayMarketMemo - Denmark! Denmark is a reliable market for #internationaltrade with a stable economy and healthy growth rates. Denmark's location in Northern Europe provides easy access to other European markets and is a gateway to the Scandinavian region. Denmark is known for being open to trade as the market values high-quality products like US goods and services. In 2023, US #exports to Denmark totaled USD 5.25 billion. Denmark imports a wide range of products including industrial machinery, pharmaceuticals, food products, and more. Denmark's significant purchasing power coupled with the country's strong business practices make it an attractive market for US #exporters. Interested in exploring #globalbusiness opportunities in Denmark, the ITC is your central source for high quality market research, analysis, education and training. Contact ITC staff members Jackie Rasmussen, CGBP & Krista Hinrichs, CGBP today! Learn more about Denmark ➡️ https://lnkd.in/gYndPzcb University of Missouri Trulaske College of Business #MIZ #internationalbusiness #globaltrade #globalmarketresearch #goingglobal #exportsuccess