Exporting represents a crucial component to the long-term economic health of Oklahoma. Developing and carrying out an export strategy requires a significant amount of research, planning, and support. The Oklahoma Department of Commerce Global Business Services division can point your company in the right direction and keep it on track by providing resources and services designed to help the state's businesses compete in the international marketplace.
To bring you everything your company needs for success overseas, Global Business Services works with a number of federal agencies, including the U.S. Department of Commerce, the U.S. Small Business Administration's Office of International Trade, the Export-Import Bank, the US Customs offices, OPEC, and the U.S. State Department -- just to name a few.
Global Business Services navigates through the complex layers of bureaucracy involved with international trade so you don't have to, making us your one-stop shop for the following services:
General Export Assistance Top
Although there aren't any hard and fast rules for when a company should venture into the global market, success ultimately depends on careful and extensive planning and ongoing guidance. Whether you're a new exporter just getting started or an experienced international trader hoping to expand into new markets, the Commerce Global Business Services division can provide step-by-step assistance in the following ways:
Global Business Services can help your company with all the details involved in the exporting life cycle. Exporting Step-by-Step discusses this life cycle in detail, giving you a broader view of the types of services and resources we offer, and provides helpful hints and tips that exporters need to launch their international efforts or remain competitive in the global marketplace. So, give us a call or shoot us an e-mail -- let's get started; let's grow.
Market Research Top
Appropriately analyzing and accessing potential markets for your company's products and services requires extensive research. And, once you've launched an exporting strategy and are actively selling your products and services on the global scene, you'll need to stay abreast of the economic, and political conditions in those markets that could have both short-term and long-term effects on your business and ability to export.
Many sources of domestic and international market information -- ranging from simple trade statistics to in-depth market surveys -- exist.
Trade statistics indicate total exports or imports by country and by product. They allow exporters to compare the size of the markets for a product or service in various countries. Some statistics also reflect the U.S. share of the total country market to gauge the overall competitiveness of U.S. producers. By looking at statistics over several years, exporters can determine which markets are growing and which are shrinking.
Market surveys provide a narrative description and assessment of particular markets along with relevant statistics. The reports are often based on original research conducted in the countries studied and may include specific information on both buyers and competitors.
The level of market research required for success in the global marketplace can be overwhelming, but fortunately, the Oklahoma Department of Commerce, the U.S. Department of Commerce, the U.S. Department of Agriculture, the U.S. Small Business Administration, the International Monetary Fund, and many other public and private agencies have done much of the leg work for you.
Market Research provides you with a good sampling of the types of research that can help you collect, wade through, and distill into meaningful information for your company's exporting strategy. In preparation for your visit to any of our international trade offices, Global Business Services can also offer:
Marketing & Product and Service Promotion Top
The Oklahoma Department of Commerce maintains International Trade Offices (ITOs) in China, Israel (Middle East), Mexico, and Vietnam to assist the state's businesses and communities in developing export opportunities by working with pre-qualified companies to help them sell their products and services and identify specific buyers.
Global Business Services works directly with Oklahoma businesses of all sizes to become pre-qualified companies, which means they can market and promote their products and services through the ITOs; connect with partners, suppliers, and buyers throughout the world; and participate in overseas trade shows and trade missions designed to market Oklahoma-produced goods and services and expand the state's international presence.
And, Commerce's free, agent and distributor search service connects into markets Oklahoma companies with businesses or individuals in targeted export markets that can ensure your products and services reach the right industries, sectors, and customers.
Advocacy Top
Help! When you get in trouble out there in the trenches of the international marketplace, Global Business Services is here to help. Recognizing that unfair and illegal trade practices are still an occasional reality, the Oklahoma Department of Commerce helps businesses level the playing field in foreign markets by tapping into the collective resources of our federal agency partners, our industry and business connections throughout the world, and other state agencies that may be of assistance in various circumstances.
Global Business Services encourages companies to use our export services, which are designed to avoid problems from the get-go, but we also realize that despite the best-made plans, problems happen. Through our partnership with the U.S. Department of Commerce and our International Trade Offices strategically located around the world, Global Business Services offers four principal ways to help your company: