OTEXA: The Face and Voice of the U.S. Government for Textiles and Apparel
The Office of Textiles and Apparel (OTEXA) administers programs and strategies to improve domestic and international competitiveness of the U.S. textiles, apparel, footwear and travel goods industries. As part of the International Trade Administration, OTEXA promotes trade programs and works on behalf of U.S. companies to improve domestic and global business environments and promote export opportunities.
The Benefits of Exporting
Over 95% of the world’s consumers live outside the U.S. – by 2030, the number of people considered middle class will triple to 1.2 billion with the global economy growing to $72 trillion (Source: A Basic Guide to Exporting). Exporting is a great way to reach the global market and these consumers to:
Grow your bottom line
Level your business cycle
Use production capabilities fully
Strengthen your domestic market
Increase competitiveness across all markets
By entering new markets, you will have the opportunity to learn how to compete more successfully, while making more money. In fact, 60% of small companies that engage in exporting derive 20% of their annual profits from export sales. (Source: A Basic Guide to Exporting)
While exporting can be challenging, it provides firms with new opportunities for growth.
Preparing to Export
Once you begin to export, there are some key areas that you should consider and evaluate. OTEXA can provide you with the support and expertise to ensure that you enter the right markets for your products.
Office of Textiles and Apparel (OTEXA)
U.S. Department of Commerce
Washington, DC 20230
Phone: (202) 482-5078 | Fax: (202) 482-2331