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Beating the Recession

By: Hadji Beye Click author's name for more of his/her articles

Several market research and data analysis from governmental agencies and financial institutions have demonstrated that several regions of the world are growing steadily in terms of infrastructure and construction, simultaneously we are in a period favorable for global expansion of US goods and services because of the current economic situation within the US.
Exporting couldn't be at a better time.

Through various market researches conducted by the US government, we have determined a list of products and services routinely used in the US that could very significantly reduce the costs of construction in foreign industries and increase their productivity along the way.
The only problem is the serious lack of US interaction in international markets; Commercial relations and exchanges between the US market and the rest of the world have a lot of room for growth, the platform for exchanges has an endless potential.

While we are looking to get the media attention on our recession-proof activities, we believe that our operation is actually one of the solutions to the recession: increasing US exports to International markets.

We have created an Export Management company focused in helping US companies export construction related goods where its demand is very high.
Infrastructures in some regions of the world are in very poor condition so the exporting process would be fairly easy from finding buyers to shipping goods.

Why construction? Because it is a US sector that has been hit really hard by the recession (bids have a lot more bidders, projects are being bid below costs "lowballers", fierce competition...), also it is in great demand in many regions worldwide (middle east, Africa...).

We would like our story to get the media attention it deserves because we want to encourage other industries to export more. It seems as if America isn't aware of the high demand for US made products in the world.

Having travelled in several continents, we have witnessed the potential in several markets for commercial exchanges but the potential between North America and Africa is by far the largest.
This could be a an excellent mean for us to better integrate the global economy while finally conquering recession.

Can anyone believe that we have a negative trade balance with Africa?
It means that we import more from Africa than we export there...Why is that? And does it really make sense at all?

Just look at these statistics:

"In 2007, China continued to be the largest individual country exporter to Sub-Saharan Africa with a growing market share of 9.8 percent and $26.5 billion in exports to the region. China’s exports to the region continued to grow rapidly by 39.4 percent from 2006. Increased shipments of electrical and other machinery, vehicles (mainly motorcycles and trucks), woven fabrics, iron and steel products, woven and knit apparel, and low-end footwear comprised the largest share of China’s growth in
shipments to Sub-Saharan Africa".

Extracts derived from the Direction of Trade Statistics Yearbook (Washington, DC: International Monetary Fund, September 2008).

"UAE-based Arabian Jerusalem Equipment Trading Company, a prominent dealer of new and used construction machinery has registered a considerable increase in the sale of excavators and backhoes to African countries". “All our machineries are selling really well. We have registered a 30 per cent increase in our net sales to the African continent” said Ehad Murad, managing director of Arabian Jerusalem Equipment Trading Company.

(Source: Africa Business article at http://www.africabusiness.com/features/construction_machinery.html)

“West Africa urgently needs additional power generation capacities to meet the rising and suppressed demand for power. The region has abundant natural resources, which power producers can easily transform into energy.”
“Current Power Crisis in West Africa presents a lucrative market for Independent Power Producers finds Frost & Sullivan, a business research and growth expert firm.”

(Extracts from online article http://www.newswiretoday.com/news/49003/)

These are just a few examples listed here to give the reader an idea of the potential which exists in exporting US goods and services.
While our research have been focused on the largest markets, there are many other smaller markets accross the globe waiting for US companies to respond to the demand.

Other nations such as China or France have taken these initiatives of global expansion and they are benefitting from these initiatives, America has the means and the ability to achieve a greater presence in international markets.

We currently have leads for construction equipment, machinery and international bids on large infrastructure projects.
Our operations have generated so much interest from international and national companies that we understand the large measure of our initiative.

Article Source: ABC Article Directory

About The Author: Extracts derived from the Direction of Trade Statistics Yearbook (Washington, DC: International Monetary Fund, September 2008) Source: Africa Business article at www.africa-business.com/features/construction_machinery.html Extracts from online article www.newswiretoday.com/news/49003/