January 19, 2010
News Release 10-004
Inv. No. 332-508
Contact: Peg O'Laughlin, 202-205-1819
NEARLY ONE-THIRD OF RECENT U.S. MERCHANDISE EXPORTS
COME FROM SMALL AND MEDIUM-SIZED ENTERPRISES, SAYS USITC
U.S. small and medium-sized enterprises (SMEs) accounted for about 30 percent of known U.S. merchandise exports between 1997 and 2007, reports the U.S. International Trade Commission (USITC) in its report Small and Medium Sized Enterprises: Overview of Participation in U.S. Exports.
The most heavily exported goods were computer and electronic products, machinery, and chemicals, with the biggest share of merchandise exports going to Canada and Mexico, according to the report.
The USITC, an independent, nonpartisan, factfinding federal agency, completed the report at the request of the U.S. Trade Representative. As requested, the USITC provided an overview of SME characteristics, including their role in generating domestic jobs and economic activity; described the value of overall SME exports; listed the principal products, industries, and destination markets involved; and highlighted data gaps that inhibit a complete understanding of SMEs' role in U.S. exports. Highlights of the report follow.
Small and Medium-Sized Enterprises: Overview of Participation in U.S. Exports (Investigation No. 332-508, USITC Publication 4125, January 2010) is available at http://www.usitc.gov/publications/332/pub4125.pdf. A CD-ROM or printed copy of the report may be requested by emailing email@example.com, calling 202-205-2000, or writing to the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.
USITC general factfinding investigations, such as this one, cover matters related to tariffs or trade and are generally conducted at the request of the U.S. Trade Representative, the House Committee on Ways and Means, or the Senate Committee on Finance. The resulting reports convey the Commission's objective findings and independent analyses on the subject investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the USITC submits its findings and analyses to the requester. General factfinding investigations reports are subsequently released to the public, unless they are classified by the requester for national security reasons.