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National Export Strategy
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Goal: To improve U.S. export opportunities in world markets.
Strategy: To tailor trade promotion support to the needs of U.S. exporters in each geographic or sectoral market.
The six fast-growing sectors where private sector demand for U.S. export assistance is expected to be strong are:
the ten big emerging markets of Mexico, Brazil, Argentina, the Chinese Economic Area (including the People's Republic of China, Taiwan, and Hong Kong), India, Indomesia, South Korea, Poland, Turkey, and South Africa, which are expected to account for over 40 percent of the growth in the world import demand over the next two decades;
the fast-growing regions of Latin America and Asia, where barriers to trade have continued to fall and demand for U.S. exports rose to over $170 billion in 1993;
the traditional U.S. export markets of Canada, Japan, and Western Europe that represent over 50 percent of total U.S. export sales;
the economies in transition (eg, Russia) where emerging economic structures promise strong opportunities for U.S. capital exports;
the service sector, where trade promotion support has lagged support for manufactured goods; and
the growing area of trade and project finance.
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