White Paper Helps Companies Evaluate Export Potential

Feb. 7, 2010 - PRLog -- A new white paper titled “Should We Export?” explains three free online tools that can help US companies determine if they could benefit from exporting their products.

Promotion of US-exports is one of the cornerstones of the Obama Administration’s economic recovery program. To support the President’s goal of creating 5 million jobs by doubling US exports over the next five years, several federal agencies are ramping up existing programs.

“Very little of this will be dollar and cents support. Most of the assistance will be in the form of advice for working through the labyrinth of export control regulations,” said James Wilson, technology analyst for TechFile Forecasting and author of the white paper. Since 1972, analysts for the private firm have tracked the global flow of technology-based products.

“All export markets look promising from the 30,000 feet level,” said Wilson. “It is only when companies get on the ground and set up the foreign leg of their operations that they discover the myriads of loopholes and exceptions that are legal under trade accords.”  One example in the white paper is Canada’s classification of calcium-enriched Florida orange juice as a drug. Trade accords are filled with hundreds of similar examples. A rapid means of identifying these product-specific exceptions is contained in the first of three online tools described in the white paper.

The second online tool is a link to a tracking system that monitors the time, difficulty and legal expense involved in collecting claims against companies in foreign countries.
The third online tool describes how to obtain free lists of US-made products that companies in 70 foreign countries will need between 2010 and 2014.

The free white paper titled “Should We Export – 3 Online Tools For Better Decisions” can be downloaded at www.scribd.com/TechFileForecasting

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Since 1972 TechFile analysts have provided objective information about technology-driven products to corporations, universities and research laboratories. Drawing on that knowledge base we create product-specific and country-specific product forecasts.