Chapter 3: MARKET RESEARCH
To be successful, exporters must assess their markets through market
research. Exporters engage in market research primarily to identify
their marketing opportunities and constraints within individual foreign
markets and also to identify and find prospective buyers and customers.
Market research includes all methods that a company uses to determine
which foreign markets have the best potential for its products. Results
of this research inform the firm of
- the largest markets for its product,
- the fastest growing markets,
- market trends and outlook,
- market conditions and practices, and
- competitive firms and products.
A firm may begin to export without conducting any market research if it
receives unsolicited orders from abroad. Although this type of selling
is valuable, the firm may discover even more promising markets by
conducting a systematic search. A firm that opts to export indirectly
(see chapter 4, Methods of Exporting and Channels of Distribution)
by using an intermediary such as an EMC or ETC may wish
to select markets to enter before selecting the intermediary, since many
EMCs and ETCs have strengths in some markets but not in others.
A firm may research a market by using either primary or secondary data
resources. In conducting primary market research, a company collects
data directly from the foreign marketplace through interviews, surveys,
and other direct contact with representatives and potential buyers.
Primary market research has the advantage of being tailored to the
company's needs and provides answers to specific questions, but the
collection of such data is time-consuming and expensive.
When conducting secondary market research, a company collects data from
compiled sources, such as trade statistics for a country or a product.
Working with secondary sources is less expensive and helps the company
focus its marketing efforts. Although secondary data sources are
critical to market research, they do have limitations. The most recent
statistics for some countries may be more than two years old. Product
breakdowns may be too broad to be of much value to a company. Statistics
on services are often unavailable. Finally, statistics may be distorted
by incomplete data-gathering techniques. Yet, even with these
limitations, secondary research is a valuable and relatively easy first
step for a company to take. It may be the only step needed if the
company decides to export indirectly through an intermediary, since the
other firm may have advanced research capabilities.
METHODS OF RESEARCH
Because of the expense of primary market research, most firms rely on
secondary data sources. Secondary market research is conducted in three
basic ways:
- By keeping abreast of world events that influence the international
marketplace, watching for announcements of specific projects, or
simply visiting likely markets. For example, a thawing of political
hostilities often leads to the opening of economic channels between
countries.
- By analyzing trade and economic statistics. Trade statistics are
generally compiled by product category and by country. These
statistics provide the U.S. firm with information concerning
shipments of products over specified periods of time. Demographic
and general economic statistics such as population size and makeup,
per capita income, and production levels by industry can be
important indicators of the market potential for a company's
products.
- By obtaining the advice of experts. There are several ways of
obtaining expert advice:
- Contacting experts at the U.S. Department of Commerce and
other government agencies.
- Attending seminars, workshops, and international trade shows.
- Hiring an international trade and marketing consultant.
- Talking with successful exporters of similar products.
- Contacting trade and industry association staff.
Gathering and evaluating secondary market research can be complex and
tedious. However, several publications are available that can help
simplify the process. The following approach to market research refers
to these publications and resources described later in this chapper.
A STEP-BY-STEP APPROACH TO MARKET RESEARCH
The U.S. company may find the following approach useful.
1. Screen potential markets.
- Step 1. Obtain export statistics that indicate product exports to
various countries. Foreign Trade Report: Monthly Exports and
Imports _ SITC Commodity by Country, FT 925 (Department of
Commerce) provides statistics on all U.S. exports and imports.
Firms should also consult the NTDB, available through many Commerce
district offices, the Export Information System (XIS) Data Reports
(SBA), or U.S. Industrial Outlook (Commerce).
- Step 2. Identify 5 to 10 large and fast-growing markets for the
firm's product. Look at them over the past three to five years. Has
market growth been consistent year to year? Did import growth occur
even during periods of economic recession? If not, did growth
resume with economic recovery?
- Step 3. Identify some smaller but fast-emerging markets that may
provide ground-floor opportunities. If the market is just beginning
to open up, there may be fewer competitors than in established
markets. Growth rates should be substantially higher in these
countries to qualify as up-and-coming markets, given the lower
starting point.
- Step 4. Target three to five of the most statistically promising
markets for further assessment. Consult with Commerce district
offices, business associates, freight forwarders, and others to
help refine targeted markets.
2. Assess targeted markets.
- Step 1. Examine trends for company products as well as related
products that could influence demand. Calculate overall consumption
of the product and the amount accounted for by imports. Industry
sector analyses (ISAs), alert reports, and country marketing plans,
all from Commerce, give economic backgrounds and market trends for
each country. Demographic information (population, age, etc.) can
be obtained from World Population (Census) and Statistical Yearbook
(United Nations).
- Step 2. Ascertain the sources of competition, including the extent
of domestic industry production and the major foreign countries the
firm is competing against in each targeted market, by using ISAs
and competitive assessments (all from Commerce). Look at each
competitor's U.S. market share.
- Step 3. Analyze factors affecting marketing and use of the product
in each market, such as end user sectors, channels of distribution,
cultural idiosyncrasies, and business practices. Again, ISAs are
useful, as is the Comparison Shopping Service (CSS) offered by
Commerce.
- Step 4. Identify any foreign barriers (tariff or nontariff) for the
product being imported into the country (see chapter 11,
Export Regulations, Customs Benefits and Tax Incentives,
for an analysis of tariff and nontariff barriers). Identify any U.S.
barriers (such as export controls) affecting exports to the
country. Country information kits produced by the Overseas Private
Investment Corporation (OPIC) can be helpful.
- Step 5. Identify any U.S. or foreign government incentives to
promote exporting of the product or service.
3. Draw conclusions.
After analyzing the data, the company may conclude that its marketing
resources would be applied more effectively to a few countries. In
general, efforts should be directed to fewer than 10 markets if the
company is new to exporting; one or two countries may be enough to start
with. The company's internal resources should help determine its level
of effort.
The following section describes the publications that have been
mentioned and includes additional sources. Because there are many
research sources, the firm may wish to seek advice from a Department of
Commerce district office (see appendix III).
SOURCES OF MARKET RESEARCH
There are many domestic, foreign, and international sources of
information concerning foreign markets. Several of these sources are
given here, and others may be found in the bibliography (appendix V).
Available information ranges from simple trade statistics to in-depth
market surveys.
Trade statistics indicate total exports or imports by country and by
product and allow an exporter to compare the size of the market for a
product among various countries. Some statistics also reflect the U.S.
share of the total country market in order to gauge the overall
competitiveness of U.S. producers. By looking at statistics over several
years, an exporter 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.
Potential exporters may find many of the reports referred to in this
section at a Department of Commerce district office (see appendix III)
or at a business or university library. In addition, the Foreign Trade
Reference Room in the Department of Commerce (Room 2233) offers
extensive trade statistics. The NTDB is a source for much of the
following information. Call 202-482-1986 for more information on the
NTDB.
The following sources fall into two broad categories _ general
information resources and industry- or country-specific information
resources. Each category is divided into several subgroups.
GENERAL INFORMATION RESOURCES
One of the best sources of information is personal interviews with
private and government officials and experts. A surprisingly large
number of people in both the public and private sectors are available to
assist exporters interested in any aspect of international market
research. Either in face-to-face interviews or by telephone, these
individuals can provide a wealth of market research information.
In the private sector, sources of market research expertise include
local chambers of commerce, world trade centers or clubs, and trade
associations. In the federal government, industry and commodity experts
are available through the Department of Commerce, USDA, and SBA. In
addition, these agencies provide the following publications, many of
which can be found in local libraries.
Sources of General Information
-
Business America. This biweekly publication of the Department of
Commerce contains country-by-country marketing reports, incisive
economic analyses, worldwide trade leads, advance notice of planned
exhibitions of U.S. products worldwide, and success stories of export
marketing. Annual subscriptions cost $49 (GPO:703-011-00000-4). Contact
Superintendent of Documents, U.S. Government Printing Office,
Washington, DC 20402; telephone 202-783-3238.
-
Commerce Business Daily (CBD). Published daily, Monday through
Friday (except holidays), by the Department of Commerce, CBD lists
government procurement invitations, contract awards, subcontracting
leads, sales of surplus property, and foreign business opportunities as
well as certain foreign government procurements. It is available by
subscription and on line (electronically). A first-class mail
subscription is $260 per year or $130 for six months; second-class, $208
per year or $104 for six months (GPO:703-013-00000-7.) Contact
Superintendent of Documents, U.S. Government Printing Office,
Washington, DC 20402; telephone 202-783-3238.
-
Trade Information Center. This information center was established
as a comprehensive source for U.S. companies seeking information on
federal programs and activities that support U.S. exports, including
information on overseas markets and industry trends. The center
maintains a computerized calendar of U.S. government-sponsored domestic
and overseas trade events. Telephone 1-800-USA-TRADE.
-
Economic Bulletin Board (EBB). The PC-based EBB is an on-line
source for trade leads as well as the latest statistical releases from
the Bureau of the Census, the Bureau of Economic Analysis, the Bureau of
Labor Statistics, the Federal Reserve Board, and other federal agencies.
Subscribers pay an annual fee of $35 (for 300-2400 baud service) or $100
(for 9600 baud service), which allows two hours of free access.
Additional access at 300-2400 baud is billed quarterly at between 20
cents and 50 cents per minute depending on the time of day. Additional
access at 9600 baud is 50 cents per minute at any time of day. Telephone
202-482-1986 or fax 202-482-2164, or try the EBB as a guest by dialing
202-482-3870 with a personal computer and modem (eight bits, no parity,
one stop bit). Enter "GUEST" when prompted for a User ID.
-
National Trade Data Bank. The NTDB contains export promotion and
international trade data collected by 15 U.S. government agencies.
Updated each month and released on CD-ROM, the data bank enables access
to more than 100,000 documents. The NTDB contains the latest census data
on U.S. imports and exports by commodity and country; the complete
Central Intelligence Agency (CIA) World Factbook; current market
research reports compiled by US&FCS; the complete Foreign Traders Index,
which contains more than 50,000 names and addresses of individuals and
firms abroad interested in importing U.S. products; and many other data
sources. The NTDB is available at more than 600 federal depository
libraries nationwide and can be purchased for $35 per single disc or
$360 for a 12-month subscription. Telephone 202-482-1986 or fax
202-482-2164 or contact the nearest Department of Commerce district
office.
-
Selected SBA market research-related general resources. Each of the
following general resources is published by the SBA: Marketing for Small
Business: An Overview (MT2, $1); Researching Your Market (MT8, 50
cents); Export Indicators (free); Exporter's Guide to Federal Resources
for Small Business (GPO:045-000-00250-1, $4); Market Overseas with
Government Help (MT10, $1); and the video Marketing: Winning Customers
with a Workable Plan (VT1, $30). Contact the local SBA field office or
telephone the Small Business Answer Desk, 800-368-5855 or 202-653-7561.
Worldwide General Information
-
International Financial Statistics (IFS). Published by the
International Monetary Fund, IFS presents statistics on exchange rates,
money and banking, production, government finance, interest rates, and
other subjects. It is available by monthly subscription for $188 yearly
(yearbook, $50 alone, included in the price); single copy, $20. Contact
International Financial Statistics, Publication Services, Room C100, 700
19th Street, N.W., Washington, DC 20431; telephone 202-623-7430.
-
UN Statistical Yearbook. Published by the United Nations (UN), this
yearbook is one of the most complete statistical reference books
available. It provides international trade information on products,
including information on importing countries useful in assessing import
competition. The yearbook contains data for 220 countries and
territories on economic and social subjects including population,
agriculture, manufacturing, commodity, export-import trade, and many
other areas. The latest edition available (1987) is about 900 pages and
costs $100. Contact United Nations Publications, Room DC2-0853, New
York, NY 10017; telephone 212-963-8302.
-
World Bank Atlas. The World Bank Atlas provides demographics, gross
domestic product, and average growth rates for every country. The latest
edition, 1990, covers data for 1980 to 1989 and costs $6.95. Contact
World Bank Publications, 1818 H Street, N.W., Washington, DC 20433;
telephone 202-473-1154.
-
World Factbook. Produced annually by the CIA, this publication
provides country-by-country data on demographics, economy,
communications, and defense. The cost is $23 (GPO:041-015-00169-8).
Contact Superintendent of Documents, U.S. Government Printing Office,
Washington, DC 20402; telephone 202-783-3238.
-
World Population. The U.S. Bureau of the Census collects and
analyzes worldwide demographic data that can help exporters identify
potential markets for their products. Information on each country
total population, fertility, mortality, urban population, growth rate,
and life expectancy _ is updated every two years. It also contains
detailed demographic profiles of individual countries, including
analysis of labor force structure, infant mortality, and so on. The cost
of the latest edition, 1989, is $7.50 (GPO:031-024-07074-0). Contact
Superintendent of Documents, U.S. Government Printing Office,
Washington, DC 20402; telephone 202-783-3238.
-
Worldcasts. This eight-volume annual series presents 60,000
abstracted forecasts for products and markets outside the United States
(150 countries). Forecasts are arranged by modified standard industrial
classification (SIC) codes and are typically one-line entries providing
short- and long-range projections for consumption, employment,
production, and capacity. A product volume and a regional volume are
published each quarter. The complete annual set of four product volumes
and four regional volumes costs $1,300; the product set and the regional
set, $900 each; single volumes, $450 each. Contact Predicasts, 11001
Cedar Avenue, Cleveland, OH 44106; telephone 800-321-6388 or
216-795-3000.
GENERAL INDUSTRY AND AGRICULTURE INFORMATION
Industry Information
-
Foreign Trade Report: Monthly Exports and Imports SITC Commodity
by Country, FT 925. This monthly publication by the Department of
Commerce provides statistics on all export and import trade engaged in
by the United States. Annual subscription cost is $139
(GPO:703-091-00000-8). Contact Superintendent of Documents, U.S.
Government Printing Office, Washington, DC 20402; telephone
202-783-3238.
-
U.S. Industrial Outlook. This annual publication of the Department
of Commerce provides economic and commercial assessments and forecasts
on U.S. industry, including statistics on trade, investment, and
finance. The cost for the 1991 edition is $28 (GPO:003-009-00586-8).
Contact Superintendent of Documents, U.S. Government Printing Office,
Washington, DC 20402; telephone 202-783-3238.
-
Export Information System Data Reports. Produced by the SBA, each
data report covers approximately 2,700 product categories. XIS helps
small businesses determine which export markets to pursue. Upon request,
SBA provides a small business with a list of the 25 largest importing
markets for its product, the 10 best markets for U.S. exporters of that
product, the trends in those markets, and the major sources of foreign
and UN data. This service is available free to small business. Contact
the local SBA field office or telephone the Small Business Answer Desk,
800-827-5722 or 202-205-7325.
Agriculture Information
-
AgExporter. This monthly magazine is published by the USDA's FAS.
Appealing to the farm exporter, the articles analyze conditions
affecting U.S. agricultural trade. AgExporter highlights market
development and export activity. The annual subscription cost is $14.
Contact Trade Assistance and Planning Office, Foreign Agricultural
Service, U.S. Department of Agriculture, Washington, DC 20250; telephone
703-756-6001.
-
Export Briefs. This weekly bulletin produced by the FAS presents
current news and statistics on world production and trade of
agricultural commodities and highlights upcoming trade shows. Available
free and on line (electronically). Contact High-Value Products Division,
Foreign Agricultural Service, U.S. Department of Agriculture,
Washington, DC 20250; telephone 202-447-3031.
-
Trade Policies and Opportunities for U.S. Farm Products. Published
by the FAS, these reports document the policies other governments use to
help their agricultural exporters compete against U.S. suppliers. Also
identified are import barriers to U.S. farm products and marketing
opportunities for U.S. agricultural exporters. Fifty countries and the
trading blocs of the European Community (EC) and the Gulf Cooperative
Council are covered. Available free. Contact Trade Assistance and
Planning Office, FAS, U.S. Department of Agriculture, Washington, DC
20250; telephone 703-756-6001.
Country and Area Information
-
Country marketing plans (CMPs). CMPs are prepared annually by the
commercial sections of U.S. embassies for the US&FCS, covering 67
countries. Each CMP is a planning tool that analyzes an individual
country's business and economic climate, emphasizing the marketing and
trade statistics, development, and issues. CMPs are available at $10 per
report through the Commercial Information Management System (CIMS) and
also through the NTDB, electronic data bases operated and managed by the
Department of Commerce. Contact the local Department of Commerce
district office or telephone 202-482-4767.
-
Foreign Economic Trends (FETs). Published by the Department of
Commerce, each FET covers a single country and provides in-depth
assessment of political, commercial, economic, and investment conditions
and developments. Special emphasis is given to implications for U.S.
business opportunities. Annual subscription cost is $50 (GPO:
803-006-00000-8). Contact Superintendent of Documents, U.S. Government
Printing Office, Washington, DC 20402; telephone 202-783-3238.
-
Overseas Business Reports (OBRs). Published by the Department of
Commerce, the OBRs provide background statistics and information on
specific countries useful to exporters, current economic and commercial
profiles, and information on U.S. foreign trade with the country. Annual
subscription is $14 (GPO:803-007-00000-4). Contact Superintendent of
Documents, U.S. Government Printing Office, Washington, DC 20402;
telephone 202-783-3238.
-
EC 1992: A Commerce Department Analysis of European Community
Directives. This three-volume publication contains an analysis of the
likely impact on U.S. industry of 282 directives of the EC to harmonize
practices within the EC countries. The three volumes cover
transportation services, telecommunications, broadcasting, food,
government procurement, standards, and many other issues. Volume 1, $10,
stock no. 003-009-00557-4; volume 2, $9.50, stock no. 003-009-00564-7;
volume 3, $13, stock no. 003-009-00572-8. Contact Superintendent of
Documents, U.S. Government Printing Office, Washington, DC 20402.
-
Background Notes. This series surveys a country's people,
geography, economy, government, and foreign policy. Prepared by the
Department of State, it includes important national economic and trade
information, including major trading partners. Available by set or by
subscription. Price of the set is $58 (GPO:844-000-914-7); with binder,
add $4.75. Annual subscription cost is $18 (GPO:844-002-00000-9).
Contact Superintendent of Documents, U.S. Government Printing Office,
Washington, DC 20402; telephone 202-783-3238.
-
Commercial Activities Report (CAR). The CAR is prepared annually by
the economic and commercial sections of the U.S. embassies, covering 67
countries where the Department of Commerce is not represented. Designed
as a planning tool, each CAR provides the basis for an ongoing
evaluation of a particular country's political, economic, and business
activities. Special emphasis is given to identifying U.S. marketing
opportunities, particularly to assessing market potential and strategies
for increasing U.S. sales. Topics include the commercial setting and
trends, import data, best prospects, major projects, and trade
information and event activity. CARs are available at $10 per report
through CIMS and NTDB. Contact the local Commerce district office or
telephone 202-482-4767.
-
Congressional Presentations of the State Department's Trade and
Development Program. This annual document reports Department of State
dollar expenditures by industry in specific countries around the world
for the past several years. (For a description of U.S. Trade and
Development Program [TDP] activities to stimulate U.S. exports, see
chapter 7, Making Contacts.)
Contact U.S. Department of State, Information Office, Trade
and Development Program, Room 301, SA-16, Washington, DC 20523;
telephone 703-875-4357.
-
Congressional Presentations of the U.S. Agency for International
Development (AID). Published by AID's Office of Small and Disadvantaged
Business Utilization, this document provides country-by-country data on
nations to which AID will provide funds in the coming year, as well as
detailed information on past funding activities in each country. It also
lists projects the agency desires to fund in the upcoming year, for
example, a hydroelectrical project in Egypt. Since these projects
require U.S. goods and services, these presentations give U.S. exporters
an early look at potential projects and, therefore, an opportunity to
plan ahead. (See Making Contacts for more details on AID's programs.)
Available through the National Technical Information Service (NTIS) by
the set or as separate volumes (hard copy price/microfiche price). Set
of six volumes (PB:91-155-549), $145.50/$54.50. Basic document
(PB:91-155-556), $60/$17. Statistical annex (PB:91-155-564), $45/$15.
Summary tables (PB:91-155-572), $17/$8. International organizations and
programs (PB:91-155-580), $17/$8. U.S. trade and development programs
(PB:91-155-598), $17/$8. Part 2, mostly statistics (PB:91-155-606),
$15/$8. Contact National Technical Information Service, 5285 Port Royal
Road, Springfield, VA 22161; telephone 703-487-4650.
-
Country information kits. Covering developing countries and 16
regions worldwide, the kits are put together by OPIC. Each kit includes
most of the background information considered necessary when a business
is considering entry into a specific foreign market. Available free.
Contact Overseas Private Investment Corporation, 1615 M Street, N.W.,
Washington, DC 20527; telephone 800-424-OPIC or 202-457-7128.
-
Exporters Encyclopedia. This extensive handbook on exporting is
updated annually and contains exhaustive, in-depth shipping and
marketing information. More than 220 world markets are covered country
by country. Topics include country profile, communications, trade
regulations, documentation, marketing data, health and safety
regulations, transportation, and business travel. The annual price is
$535. Contact Dun's Marketing Services, 3 Sylvan Way, Parsippany, NJ
07054-3896; telephone 800-526-0651 or 201-605-6749.
-
Foreign Agriculture. This annual factbook published by the FAS
presents agricultural profiles of 65 countries, focusing on production,
marketing, and trade, and it includes a full atlas of world agriculture
with maps and graphics. The cost is $12. Contact Trade Assistance and
Planning Office, Foreign Agricultural Service, U.S. Department of
Agriculture, Washington, DC 20250; telephone 703-756-6001.
-
Investment climate statements (ICSs). ICSs are prepared annually by
the commercial sections of the U.S. embassies for the US&FCS, covering
67 individual countries and designed as a planning tool. Through
statistics, policies, issues, and analyses, each ICS comprehensively
assesses a particular country's environment for direct investment,
particularly foreign direct investment. Available at $10 per report
through CIMS and NTDB. Contact the local Commerce district office or
telephone 202-482-4767.
-
Organization for Economic Cooperation and Development (OECD)
surveys. These economic development surveys produced by OECD cover each
of the 24-member OECD countries individually. Each survey presents a
detailed analysis of recent developments in market demand, production,
employment, and prices and wages. Short-term forecasts and analyses of
medium-term problems relevant to economic policies are provided. The
surveys are shipped from France. The complete set costs $180 ($203,
airmail); a single copy, $13. Contact Organization for Economic
Cooperation and Development, Publications and Information Center, 2001
L Street, Suite 700, Washington, DC 20036; telephone 202-785-6323.
-
OECD publications. OECD publishes widely on a broad range of social
and economic issues, concerns, and developments, including reports on
international market information country by country, such as import data
useful in assessing import competition. The chartered mission of OECD is
to promote within and among its 24-member countries policies designed to
support high economic growth, employment, and standard of living and to
contribute to sound economic expansion in development and in trade. For
information and prices on these publications, contact Organization of
Economic Cooperation and Development, Publications and Information
Center, 2001 L Street, Suite 700, Washington, DC 20036; telephone
202-785-6323.
DETAILED PRODUCT-AND INDUSTRY-SPECIFIC DATA RESOURCES
U.S. Government Product and Industry Resources
-
Comparison Shopping Service. CSS is a custom market survey service
produced by US&FCS. On request, CSS provides a U.S. firm with detailed
market information on a selected single product in a selected market
worldwide. CSS answers basic questions about the marketability of the
product, key competitors, comparative prices, customary distribution and
promotion practices, trade barriers, and other factors. Available at
fees ranging from $500 to $4,000 depending on the particular country
market chosen. Contact the local Commerce district office or telephone
202-482-4767.
-
Industry sector analyses. Prepared by the commercial sections of
the U.S. embassies for US&FCS, ISAs provide the basis for quickly sizing
up one particular commercial or industrial market in a particular
country. ISAs present market demand, market size, competitive analysis,
end user analysis, and market access criteria as well as marketing
opportunities. Available at $10 per report through CIMS and NTDB.
Contact the local Commerce district office or telephone 202-482-4767.
-
Alert reports. Prepared on an ad hoc basis by the economic and
commercial sections of U.S. embassies and consulates for US&FCS, alert
reports help to identify unique market situations and marketing
opportunities for U.S. business. Available at $10 per report through
CIMS, NTDB, and EBB. Contact the local Commerce district office or
telephone 202-482-4767.
-
Agricultural Trade Highlights. The Highlights, published by FAS,
provide economic analyses of major overseas markets and demand trends.
They also provide in-depth monthly summaries of major activities and
events affecting U.S. agriculture exports and imports, and year-to-date
summaries of commodity performance. Available as a single free copy or
by subscription. For a single free copy, contact Information Division,
Foreign Agricultural Service, U.S. Department of Agriculture,
Washington, DC 20250; telephone 202-447-7937. For the annual
subscription, contact Trade Assistance and Planning Office, Foreign
Agricultural Service, U.S. Department of Agriculture, Washington, DC
20250; telephone 703-756-6001.
-
Staff papers on best prospects. These reports, produced by FAS,
offer the best overall prospects for expansion of U.S. agricultural
products over the next three to five years. They cover about 15
countries and are available free. Contact Trade Assistance and Planning
Office, Foreign Agricultural Service, U.S. Department of Agriculture,
Washington, DC 20250; telephone 703-756-6001.
Private Sector Product and Industry Resources
-
American Export Register. This two-volume directory of 38,000 U.S.
exporters and the materials, products, or services they sell
internationally is published annually. Advertising is accepted. The cost
is $120. Contact Thomas International Publishing Company, Inc., One Penn
Plaza, New York, NY 10119; telephone 212-290-7343.
-
Export Shipping Manual. Published annually and updated weekly, the
manual is a three-volume looseleaf reference service containing
up-to-date, country-by-country shipping and market research information.
Social, political, economic, and commercial conditions of each country
are profiled. Detail is given to policies, regulations, issues,
development, and laws pertaining to commerce, especially foreign trade.
The cost is $524. Contact Bureau of National Affairs, Inc., Distribution
Center, Keywest Avenue, Rockville, MD 20850; telephone 800-372-1033 or
202-452-4200.
-
FINDEX: The Directory of Market Research Reports, Studies and
Surveys. This reference guide to commercially available market and
business research, including international market research, contains
more than 10,000 listings of reports, studies, and surveys. The 1991
edition (900 pages) costs $325 (ISBN:0-942189-03-5). Contact Cambridge
Information Group, 7200 Wisconsin Avenue, Bethesda, MD 20814; telephone
800-227-3052 or 301-961-6750.
-
Inside Washington: The International Business Executive's Guide to
Government Money and Resources. This publication is a complete source
book on government assistance programs and services. It is organized the
way executives think about international business and includes
comprehensive contact information. The latest edition, 1988
(ISBN:0-8191-6934-X), is 295 pages long and costs $49.95. Inside
Washington publications are now available for specific industry sectors
and have a special emphasis on financial support programs. Each book
contains case studies and a comprehensive exporters telephone directory.
The following editions are available at $24.95 each: Environment-Money,
High Technology, and Food-Business. Contact Delphos International, 600
Watergate N.W., Suite 960, Washington, DC 20037; telephone 800-288-2582
or 202-337-6300; fax 202-333-1158.
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Electronic data bases. A number of private sector data bases are
available to provide specific marketing information for firms interested
in doing business internationally, such as the PIER service of the
Journal of Commerce and DIALOG. Many of these data bases are accessible
both at local public libraries and universities and directly by personal
computer.
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