Many North American companies in the truck equipment industry fare well because they have taken advantage of free trade agreements or have a solid international customer base.
As foreign economies develop and expand, so too will international sales for passenger and commercial vehicles. In 2011, overall U.S. exports reached a record $2.1 trillion in value, and supported 9.7 million jobs, an increase of 1.2 million compared to 2009. Through May 2012, manufactured goods exports are up nearly 9 percent to $556.5 billion as compared to the same period in 2011. Nearly one-fifth (18 percent) of those goods are transportation equipment. In 2011, export sales of motor vehicles topped $63 billion, motor vehicle parts - $53 billion, and motor vehicle bodies and trailers - almost $4 billion.
If you plan to expand your business into the international market, or you need to increase your current marketing efforts overseas, this Global Opportunities section can help you locate the resources you need for your export and import questions.
U.S. Commercial Service serves as a hub to connect you to business opportunities around the world. If you have any questions about these initiatives, please contact your local U.S. Commercial Service trade specialist.
Additional Global Opportunities Resources*
Basic Export and Import Guidelines (U.S. Customs and Border Protection)
NHTSA Importation and Certification FAQs
Government Agencies and Trade Groups for Export or Import Guidance
Country Commercial Profiles (Export.gov and CIA.gov)
U.S. Export and Import Data (U.S. Census Bureau)
*NTEA is not responsible for the information contained on the third party websites.