Education and Training Services Resource Guide
Education and Training Services Resource Guide - 2023/2024
According to the latest data released by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA), education-related travel exports ranked 9th among service exports in 2022. During the 2021/2022 academic year the U.S. hosted nearly one million international students and reported $37.68* billion in education-related travel exports, which supported over 335,423 U.S. jobs. U.S. colleges and universities play an important role in helping foreign governments partner with private industry to fulfill vital education and training needs. Globally, it is expected that education will be a $7 trillion industry by 2025.
Education is an important element of our trade relationships with countries worldwide. Promoting study in the United States strengthens our economic development through innovation, workforce development, and attracting foreign direct investment. There are enormous challenges and opportunities for U.S. international education around the world. In 2019, the Commercial Service launched USA: A Study Destination to assist the U.S. international education industry to compete. In 2022, U.S. international education was included in the U.S. Department of Commerce, International Trade Administration National Export Strategy. Increasing trade and investment opportunities for U.S. educational institutions and entities is, therefore, a priority at the U.S. Department of Commerce’s International Trade Administration.
This 2023/2024 bi-annual Education and Training Services Resource Guide is an important tool to assist U.S. institutions with identifying new international market opportunities. The Guide provides a detailed analysis of the education sector in 60 countries, covering trends, demand and more. This new edition contains information on digital marketing outreach strategies and scholarships. It also includes comparable market assessments of countries listed as best prospects for U.S. training and educational services to make it easy for institutions to see which markets represent the greatest opportunities for their specific programs. The country assessments are based on the expert observations and market research reports created by U.S. Commercial Service education sector specialists worldwide. For additional information or education market research, please visit https://www.trade.gov/education-industry
Global Education Team Leader
The Education & Training Resource Guide - 2023/2024
This 2023/2024 U.S. Commercial Service Education and Training Services Resource Guide includes comparable and individual market assessments of countries listed as best prospects for U.S. training and educational services. The country assessments are based on observations and market research reports created by the U.S. Commercial Service.
Please use the country list below to find information on the education market(s) that your company is targeting.
Education & Training Resource Guide: Analysis By Market
1 *Source: Table 3.1 U.S. International Trade in Services, U.S. Bureau of Economic Analysis, Preliminary release March 23, 2023 (2022 data will be released June 22, 2023).