Exporting represents a $928-billion opportunity for U.S. midsized companies over the next 10 years, yet only 17 percent of middle market firms currently trade internationally. What if exporting wasn’t as risky as rumored? Or as difficult to get started? What if a business knew it could sell profitably and get paid?
American Express Grow Global is a new program that provides valuable resources for U.S. middle market companies to help assess the risks and rewards at several stages of their exporting journey.
Local vs. National Activity
Total number of middle market firms |
Number of middle market firms that export |
Share of exporting firms |
|
Total U.S. | 136,603 | 7,066 | 5% |
Arizona | 2,051 | 54 | 3% |
Phoenix | 1,466 | 42 | 3% |