Saturday, December 31, 2011

UAE signs $1.96bn missile order with Lockheed Martin - Technology - ArabianBusiness.com

Lockheed Martin Corp has received a $1.96bn contract from the Pentagon to supply the UAE with a missile defence system.
The order is for two Terminal High Altitude Area Defence or Thaad systems that include interceptors, launchers and radar, the Pentagon said in an announcement.
The interceptors are a centrepiece of the regional defence that President Barack Obama’s administration plans to deploy in the Middle East against Iran’s medium-and long-range ballistic missiles.
Batteries of land-based interceptors would be linked with the US Navy’s detection and control systems on Aegis-class destroyers and cruisers.


UAE signs $1.96bn missile order with Lockheed Martin - Technology - ArabianBusiness.com

Watch retailer eyes Saudi, UAE expansion to 2013 - Retail - ArabianBusiness.com

Citizen is planning a major expansion across the UAE and Saudi Arabia. Luxury watch maker Citizen plans to open at least 70 new outlets in the Gulf by 2013, its regional manager said on Saturday.
Noboru Yamaguchi, general manager of the Middle East office of Citizen Watches Gulf Co, said: "The company plans to open several more points of sale in both the UAE and Saudi Arabia.

Watch retailer eyes Saudi, UAE expansion to 2013 - Retail - ArabianBusiness.com

US consultants win deal for Jeddah construction projects - Construction - ArabianBusiness.com

US-based consultancy Parsons has won a contract from Jeddah Municipality to manage the construction of major infrastructure projects in the key Saudi city.
It said it has received a letter of award for construction management consultancy services from Jeddah Municipality.
The company added that the projects would involve new construction and renovations, including bridges, tunnels, roads, transportation systems, buildings, sewerage treatment plants, irrigation systems, pumping stations, stormwater drainage systems, parks, open spaces, and other city infrastructure works.
Under the three-year contract, Parsons will coordinate and manage construction projects and will provide other related services, it said in a statement.

US consultants win deal for Jeddah construction projects - Construction - ArabianBusiness.com

US companies are exporting their specialized services to the growing market of Middle East and the above is just one example of such successes.

Is global the new local? - Cattle News - Editorial, Grain & Cattle Markets, Current Stories

At the recent seminar Why to Export, held by the Food Export Association of the Midwest USA and the Michigan Department of Agriculture & Rural Development, Dr. Hult advised audience members to find a market segment that is the same internationally or modify product offered. “Cultural knowledge, product uniqueness, assembling a global team and understanding your global industry are important to establishing a successful international market. The Michigan State University Broad School of Business website offers many resources for the prospective or established international trader,” according to Dr. Hult. Market, industry and demographic data may be accessed, along with a variety of tools, such as export readiness self-assessment, course content and resource websites.

Is global the new local? - Cattle News - Editorial, Grain & Cattle Markets, Current Stories

Exports Up at Los Angeles Port | NBC Los Angeles

The number of goods coming into Southland ports was flat this year, but the Port of Los Angeles posted its second year of record-high export figures despite shrinking imports.


Exports Up at Los Angeles Port NBC Los Angeles

Gas, other fuels are top U.S. export – USATODAY.com

For the first time, the top export of the United States, the world's biggest gas guzzler, is — wait for it — fuel.


Gas, other fuels are top U.S. export – USATODAY.com

Do you find this amazing or interesting or wierd? Please share your thoughts

Sunday, December 25, 2011

Positive thoughts about the economy? Really? – USATODAY.com

On the production front, exports in 2011 will almost certainly break the 2008 high of $1.842 trillion. The competitively valued dollar will continue to support growth, say economists


Positive thoughts about the economy? Really? – USATODAY.com

Friday, December 23, 2011

Where's the Beef: U.S. beef consumption in decline | Reuters

USDA estimates 2011 U.S. per capita beef consumption at 57.4 lbs, down 13 percent from 10 years ago and down about 25 percent from 1980. In 2012, USDA predicts, Americans will eat 54.1 lbs of beef on average.
The beef industry is coping with these changes by developing new cuts that will satisfy appetites for steaks but at a lower cost. Also, it has benefited from a huge recovery in beef exports particularly to Asia and Russia, where consumers are upgrading their diets and concerns about mad cow disease fade.


Where's the Beef: U.S. beef consumption in decline Reuters

Monday, December 19, 2011

Shannon K. O'Neil: Latin America's Moment » Economic Ties Between the United States and Mexico

In terms of trade, for nearly half of U.S. states, Mexico is the number one or number two export destination. For border states such as Texas, New Mexico, and Arizona, up to a third of all exports head to our southern neighbor. But it isn’t just a border issue – export industries in states as far flung as New Hampshire, South Dakota, Nebraska, and Missouri all depend on Mexican industries and consumers. And these are some of the most dynamic trading relations we have. Twenty U.S. states increased exports to Mexico by more than 10 percent each year over the last fifteen years. Investment also flourished. Mexican FDI in the United States, though starting at a low base, increased tenfold over the past two decades.

Shannon K. O'Neil: Latin America's Moment » Economic Ties Between the United States and Mexico

Thursday, December 15, 2011

World Poultry - Background: US broiler industry ­endures a dismal year

Exports represent the only redeeming factor for the industry although increases in volume from 2011 to 2012 are at best moderate.


World Poultry - Background: US broiler industry ­endures a dismal year

Wednesday, December 14, 2011

A Primer on the U.S. Export Control Laws - Article from Supply Chain Management Review

The current export control system is administered by two different departments, three different primary licensing agencies with differing policies, all operating under two different control lists, with fundamentally different approaches to defining controlled products.


A Primer on the U.S. Export Control Laws - Article from Supply Chain Management Review

Saturday, December 10, 2011

Wisconsin shoemaker has plans afoot for China | StarTribune.com

Allen Edmonds will double in size as it exports its U.S.-made, handcrafted shoes to China

Wisconsin shoemaker has plans afoot for China StarTribune.com

U.S. exports record amount of gasoline – Patriot Update

The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.


U.S. exports record amount of gasoline – Patriot Update

Toyota To Export Camrys To South Korea - From U.S. - Automotive News Story - KIFI Idaho Falls

Toyota will soon begin exporting U.S.-built Camry sedans to South Korea

Toyota To Export Camrys To South Korea - From U.S. - Automotive News Story - KIFI Idaho Falls

Emerging markets to keep agricultural prices, profitability strong | Markets content from Western Farm Press

U.S. agriculture will remain strong over the next decade due to growth fueled by emerging market economies.
With expansion of the middle class likely to double over the next decade, rising demand will result in strong exports and prices for U.S. agricultural products.

Emerging markets to keep agricultural prices, profitability strong Markets content from Western Farm Press

Trade deficit shrinks again as oil price drops – USATODAY.com

The U.S. trade deficit narrowed in October to its lowest point of the year after Americans bought fewer foreign cars and imported less oil.


Trade deficit shrinks again as oil price drops – USATODAY.com

Small Manufacturers Bet on Exports - Businessweek

U.S. companies pushing into foreign markets are leveraging perceptions of American workmanship and a relatively weak dollar


Small Manufacturers Bet on Exports - Businessweek

U.S. rice exports to increase in 2012-13 | Rice content from Delta Farm Press

U.S. exports are projected to reach the lowest level since the mid-1990s during this marketing season. Most of the decline is for long-grain milled rice.
Long grain U.S. exports for 2011-12 are projected 23 percent lower, while medium grain is just fractionally down.
Projected rice exports are expected a big boost in 2012-13


U.S. rice exports to increase in 2012-13 Rice content from Delta Farm Press