According to the U.S. Small Business Administration’s Office of International Trade, U.S. businesses have a competitive advantage for producing high-quality, innovative goods and services; and advancements in e-commerce and logistics that have lowered the cost of doing business overseas make this an opportune time to export American-made goods.
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Trade Missions Help New Mexico Businesses Expand into Global Market
Edward R. Herrera, Acting Director, Office of International Trade, NM EDD
Glenn Mallory traveled to Chile and Argentina this winter to gauge the potential market for Kalwall, an energy-saving translucent building material made and marketed by Illuminación Natural Inc. and its Southwest affiliate, Daylighting Solutions. The trade mission was coordinated by the New Mexico Economic Development Department’s Office of International Trade.
“I had worked in both markets several years ago with no tangible results,” Mallory said. But on this trip, “I got very clear ideas about the potential in both markets. It will take months of follow-up and persistence to determine whether or not there will be direct economic benefit from the mission, but one small order would pay for the cost of making the trip, so it is worth the investment.”
Private-Public Partnership Brings Export Experts to New Mexico
Jennifer Sinsabaugh, Operations Director, NM MEP
New Mexico businesses interested in exporting their products or services — or expanding their export capacity — can take advantage of special training sessions being offered in Albuquerque by ExporTech, a collaboration of the National Institute of Standards and Technology and the U.S. Export Assistance Centers of the U.S. Department of Commerce. The event is set in Albuquerque because of that city’s central location, but businesses throughout the state are encouraged to attend, even if it means a long drive, to take advantage of the national resources being offered.