Celebrating 2013 As A Year of Business
Ken Hyatt is the Acting Under Secretary of Commerce for International Trade.
What a year.
2013 has been both a continuation of momentum and a pivot in approach for U.S. trade and investment.
For momentum, we continue to break export records. In June we set the monthly record for export totals with $191.2 billion in total exports.
Then we beat that record in October, at $192.7 billion.
In fact, our exports for January through October of 2013 have exceeded our export total for all of 2010. That’s a great stat in itself, but it becomes more meaningful when you put it in context of the jobs those exports support.
Nearly ten million jobs.
Then there’s the record total of 300,000-plus U.S. businesses that are exporting. We released that data this year too. Of those, 98 percent are small or medium-sized businesses.
I’m proud of these trends and I look forward to them continuing. They continue as we pivot on other fronts.
We saw changes in leadership. We were fortunate to welcome Secretary Penny Pritzker as the new Secretary of Commerce, and we’ve seen her Open for Business Agenda act as the guiding principle behind everything from export promotion, to intellectual property protection, to our expanded SelectUSA program. That program hosted its first-ever investment summit, drawing more than 1,000 international business leaders here to Washington, and giving the administration a platform to announce a new, concentrated push to attract foreign investment.
On the other hand, we were sad to say goodbye to Under Secretary of International Trade Francisco Sanchez last month. He led the International Trade Administration (ITA) through four years of increasing exports. He brings his talent and leadership back to the private sector and we wish him the best.
We welcome 2014 knowing that there is no one more productive or more innovative than American workers and business leaders.
We know that no one is more dedicated to supporting American businesses than our team here at ITA and the Department of Commerce.
I wish all of you the best for a happy holiday season. I look forward to working with all of you in 2014.
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Missions like this help support a key U.S. export sector. Education exports in 2012 totaled nearly $23 billion.