As Chair of the Trade Promotion Coordinating Committee, I am pleased to present to Congress the 2023 National Export Strategy (NES), a governmentwide strategic plan to carry out the export promotion and export financing activities of the U.S. government.
Ohio merchandise exports were valued at $55.8 billion in 2023, a decrease of 1.8 percent from 2022. By comparison, the United States experienced a decrease of 2.2 percent in exports since 2022. Ohio was the 10th largest exporting state. 210 countries and territories received exports from Ohio.
Whether you are new to export compliance or are a veteran of export compliance, the need to identify your vulnerabilities is great. Below are common risks that organizations will face when exporting and suggested ways to mitigate those risks.
The U.S. has increasingly used export controls to address a wide range of national security risks by curtailing the export of sensitive “dual-use” items—such as advanced semiconductors and radars that could be used for both civilian and military purposes.
This table provides the total export value and export values for individual commodities to the top 15 destinations. Only commodities with export values greater than $2 million to the destination are reported.
Any item that is sent from the U.S. to a foreign destination is considered an export, including commodities, software, and technology (such as blueprints or technical information). All U.S. exports (goods and services) are regulated by the U.S. Federal Government.
Overview of Export Laws and Regulations The United States export laws and regulations operate to restrict the use of and access to controlled information, goods, and technology for reasons of national security or protection of trade. The export control regulations are not new.
