International Trade & Exporting

The strength and long-term prosperity of the United States economy is fortified by American businesses continuing to export goods and services around the world. Pennsylvania is one of the top exporting states in the country and employers in the Commonwealth are increasingly seeking foreign customers and pursuing exporting opportunities. Engaging in international trade can help companies capitalize on business opportunities when the world economy is growing and remain viable during times of difficult economic conditions by expanding and diversifying the potential customer base. The PA Chamber supports public policy and initiatives that promote free trade, open investment and regulatory cooperation.

PA Chamber, Keystone State Businesses Create Partnership to Forge the Future With Energy-Enabled Growth

PA Chamber, Keystone State Businesses Create Partnership to Forge the Future With Energy-Enabled Growth

Apr 23, 2018 | Lindsay Andrews

The Pennsylvania Chamber of Business and Industry, the largest, broad-based business advocacy organization in the Commonwealth, has announced a partnership through its 501(c)(3) Educational Foundation with Forge The Future, a project of Pennsylvania businesses designed to help the state advance and accelerate an energy-enabled economy based on the use of its world-class natural gas reserves. The focus of the project, which will be completed by the third quarter of 2018, is to engage business and other leaders across the state to build on initial economic development ideas and direction set forth in an econometric study: Forge the Future: Pennsylvania’s Path to an Advanced, Energy-Enabled Economy.

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The strength and long-term prosperity of the United States economy is greatly enhanced by American businesses continuing to export goods and services around the world. Engaging in international trade can help companies capitalize on business opportunities when the world economy is growing and remain viable during difficult times by expanding and diversifying the potential customer base.

Pennsylvania is one of the top exporting states in the country and employers in the Commonwealth are increasingly seeking foreign customers and pursuing exporting opportunities. According to the most recent data from the U.S. Department of Commerce, a total of 15,758 companies, of which nearly 90 percent were small and medium sized businesses, exported from Pennsylvania in 2014, which helped support over 190,000 jobs. Overall, Pennsylvania companies exported nearly $36.6 billion in goods in 2015.

The PA Chamber supports public policy and initiatives that promote free and fair trade, open investment, and regulatory cooperation. Specifically, we support:

  • Trade agreements and policies that are fair and balanced and enhance the competitiveness of Pennsylvania companies by removing or mitigating barriers against U.S. exports and providing greater access to imports;
  • Trade Promotion Authority, which allows the President to negotiate new trade agreements, in consultation with lawmakers, and then submit the agreement to Congress for an up-or-down vote without amendment;
  • Continued authorization and federal support for the Export-Import Bank of the United States: a self-sustaining federal agency that assists in financing the export of U.S. goods and services to international markets; and
  • Initiatives that promote the Commonwealth’s business climate and its job creators in order to provide for new trade and investment opportunities, including ensuring that Pennsylvania’s domestic infrastructure is adequate to meet our international trade objectives.