Wednesday, March 01, 2023

Get Out of Your Own Backyard: Explore a New Market

There are a plethora of resources right at your fingertips for taking a business global.  Why not explore a few of them?

  1. Market diversification tool
  2. Free Trade Agreement (FTA) tariff tool
  3. Customs Info Tariff Database
  4. Foreign Retaliatory Tariffs
  5. Global Market Finder (Census)

Take a deep breath.  One step at a time.  

Start with the Market diversification tool which can help you identify potential new export markets using your current trade patterns; enter the products you export and the markets you currently export to, and the tool uses an algorithm with data from 11 indicators to score and rank potential markets.  Cool.

And then work your way through the rest of the resources.  Knock 'em down.  You'll be global in no time at all.

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