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U.S. Commerce Department Honors 64 Companies with Top Export Awards

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U.S. Commerce Department Honors 64 Companies with Top Export Awards

The U.S. Department of Commerce today recognized 64 companies and organizations from across the country with the prestigious President’s “E” and “E Star” Awards for their contributions to expanding U.S. exports.

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Established in 1961 by Executive Order, the President’s “E” Award represents the highest honor given to U.S. entities that have significantly boosted exports. Nominated by the International Trade Administration’s (ITA) U.S. Commercial Service, recipients include companies that have shown sustained export growth and those facilitating exports for others.

“Trade impacts the lives of every American worker, business, and community,” said U.S. Secretary of Commerce Gina Raimondo. “I am proud to recognize this year’s President’s ‘E’ and ‘E Star’ award recipients for their efforts and contributions to increase economic prosperity across our country and further position the U.S. private sector as the partner of choice in markets around the globe.”

Recipients, representing 32 states, were honored at a ceremony held at the U.S. Department of Commerce Headquarters in Washington, D.C. The awards were categorized as follows:

“E” Award for Exports

This year, 30 companies were honored with the “E” Award for Exports for demonstrating a sustained increase in export sales over a four-year period.

  1. American Fuel Cell and Coated Fabrics – Magnolia, Arkansas
  2. Lira Cosmeceutical, Inc. – Dublin, California
  3. Loring Smart Roast – Santa Rosa, California
  4. Resecurity, Inc. – Los Angeles, California
  5. Sentro Technologies USA, LLC – Newport Beach, California
  6. Defibtech LLC – Guilford, Connecticut
  7. Element 119 – Thomaston, Connecticut
  8. The Woodstock Academy – Woodstock, Connecticut
  9. International Code Council – Washington, District of Columbia
  10. Cunsa International LLC – Miami, Florida
  11. Pan American Zinc – Miami, Florida
  12. Trans Globe LLC – Woodstock, Georgia
  13. Stellar Industries – Garner, Iowa
  14. High Point Aerotechnologies – Boise, Idaho
  15. Cimcor, Inc. – Merrillville, Indiana
  16. Oscarware, Inc. – Bonnieville, Kentucky
  17. Wildlife Acoustics, Inc. – Maynard, Massachusetts
  18. University of Central Missouri – Warrensburg, Missouri
  19. NearshoreNetworks – Asheville, North Carolina
  20. Sciencix, Inc. – Cary, North Carolina
  21. Sable Systems International, Inc. – North Las Vegas, Nevada
  22. Ben–Amun Company Inc. – New York, New York
  23. AcraDyne – Portland, Oregon
  24. Inert Products LLC – Scranton, Pennsylvania
  25. Loh Medical – Clarks Summit, Pennsylvania
  26. Ruff Land Performance Kennels – Tea, South Dakota
  27. BEYOND International Inc. – Sugarland, Texas
  28. Fleetsoft – Plano, Texas
  29. Mil Agro, Inc. – Hyrum, Utah
  30. ExploreLearning, LLC – Charlottesville, Virginia

“E” Award for Export Service

Ten companies and organizations received the “E” Award for Export Service for assisting and facilitating export activities.

  1. Regions Bank – Birmingham, Alabama
  2. Atrafin LLC – La Jolla, California
  3. Center for Global Business, Robert H. Smith School of Business – College Park, Maryland
  4. Dorian Drake International – White Plains, New York
  5. New York City Tourism + Conventions – New York, New York
  6. JZJ Insurance Services, Inc. – Columbus, Ohio
  7. Regional Growth Partnership Inc. – Toledo, Ohio
  8. L. Swearer Co. Inc. – Moon, Pennsylvania
  9. Torres Trade Law, PLLC – Dallas, Texas
  10. Direct Online Marketing – Wheeling, West Virginia

“E Star” Award for Exports

Thirteen companies received the “E” Star Award for Exports, which recognizes previous “E” Awardees that have reported four years of additional export growth.

  1. American Trading International Inc. – Los Angeles, California*
  2. Miyamoto International, Inc – West Sacramento, California
  3. Walton and Post, Inc. – Miami, Florida*
  4. HornerXpress Worldwide – Ft. Lauderdale, Florida
  5. Sigma Recycling – Norcross, Georgia
  6. Flexo Concepts – Plymouth, Massachusetts
  7. Sunnen Products Company – St. Louis, Missouri*
  8. Argus Fire Control, Inc – Charlotte, North Carolina
  9. Equilibar – Fletcher, North Carolina
  10. Intelligent Security Systems – Woodbridge, New Jersey
  11. Ace Pump Corporation – Memphis, Tennessee*
  12. Hydro-Thermal Corporation – Waukesha, Wisconsin*
  13. S3 AeroDefense, LLC – Milwaukee, Wisconsin

“E Star” Award for Export Service

Eleven entities were awarded the “E” Star Award for Export Service, which recognizes previous “E” Awardees that have shown four years of continued support of exporters since first winning the “E” Award.

  1. IAPMO – Ontario, California
  2. Intralink – Saratoga, California
  3. Robinson + Cole – Hartford, Connecticut
  4. National U.S.–Arab Chamber of Commerce – Washington, District of Columbia
  5. IBT Online LLC – Ft. Lauderdale, Florida
  6. Massachusetts Export Center – Newtown, Massachusetts
  7. The New Jersey Office of Export Promotion – Trenton, New Jersey*
  8. American Association of Independent Music – New York, New York
  9. Ohio Department of Development – Columbus, Ohio
  10. FedEx Corporation – Memphis, Tennessee
  11. Virginia Economic Development Partnership Division of International Trade – Richmond, Virginia

*This is the second “E Star” award for this recipient.

Nominations for the “E” Awards are made through the U.S. and Foreign Commercial Service office network within the U.S. Department of Commerce’s International Trade Administration. For more information on the awards and the benefits of exporting, visit commerce.gov/tags/e–awards.

 

gear

Export of U.S. Aircraft Launching Gear Sees Mild Dip to $9.2M in May 2023

U.S. Aircraft Launching Gear Exports

In May 2023, approximately 78 tons of aircraft launching gear, deck-arrestor or similar gear and parts thereof were exported from the United States; growing by 9.7% on April 2023 figures. Overall, exports, however, saw a pronounced reduction. The growth pace was the most rapid in March 2023 when exports increased by 147% against the previous month.

In value terms, aircraft launching gear exports declined slightly to $9.2M (IndexBox estimates) in May 2023. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in March 2023 when exports increased by 119% month-to-month.

Exports by Country

Australia (35 tons) was the main destination for aircraft launching gear exports from the United States, accounting for a 45% share of total exports. Moreover, aircraft launching gear exports to Australia exceeded the volume sent to the second major destination, Egypt (8.9 tons), fourfold. The third position in this ranking was taken by Ireland (8.7 tons), with an 11% share.

From May 2022 to May 2023, the average monthly growth rate of volume to Australia stood at +24.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Egypt (+70.3% per month) and Ireland (+6.1% per month).

In value terms, Australia ($2.4M), France ($1.8M) and Malaysia ($1.4M) constituted the largest markets for aircraft launching gear exported from the United States worldwide, with a combined 61% share of total exports. These countries were followed by Denmark, Ireland, Egypt, South Africa, Japan and India, which together accounted for a further 21%.

South Africa, with a CAGR of +43.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In May 2023, the aircraft launching gear price amounted to $118K per ton (FOB, US), declining by -10.1% against the previous month. In general, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in December 2022 an increase of 367% against the previous month. As a result, the export price reached the peak level of $482K per ton. From January 2023 to May 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($595K per ton), while the average price for exports to South Africa ($42,809 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

unvulcanized rubber

U.S. Unvulcanized Rubber Export Skyrocket to $113M in May 2023

U.S. Unvulcanized Rubber Exports

In May 2023, unvulcanized rubber exports from the United States amounted to 26K tons, picking up by 14% compared with April 2023. In general, exports, however, saw a relatively flat trend pattern.

In value terms, unvulcanized rubber exports rose notably to $113M (IndexBox estimates) in May 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when exports increased by 15% m-o-m.

Exports by Country

Mexico (8.9K tons), Canada (6.5K tons) and India (3.2K tons) were the main destinations of unvulcanized rubber exports from the United States, together comprising 72% of total exports. These countries were followed by Turkey, Thailand, Belgium, the Netherlands, China, the UK and Brazil, which together accounted for a further 20%.

From May 2022 to May 2023, the biggest increases were in Thailand (with a CAGR of +4.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($41M), Canada ($34M) and the UK ($4.7M) were the largest markets for unvulcanized rubber exported from the United States worldwide, together comprising 70% of total exports. Belgium, China, the Netherlands, India, Brazil, Turkey and Thailand lagged somewhat behind, together accounting for a further 15%.

Among the main countries of destination, Turkey, with a CAGR of +5.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Compounded rubber, unvulcanized, in primary forms or in plates, sheets or strip (21K tons) was the largest type of unvulcanized rubber exported from the United States, with a 81% share of total exports. Moreover, compounded rubber, unvulcanized, in primary forms or in plates, sheets or strip exceeded the volume of the second product type, plates, sheets, strip, rods and profile shapes, of vulcanized rubber other than hard rubber (4.5K tons), fivefold. The third position in this ranking was taken by rubber (317 tons), with a 1.2% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of the volume of export of compounded rubber, unvulcanized, in primary forms or in plates, sheets or strip was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: plates, sheets, strip, rods and profile shapes, of vulcanized rubber other than hard rubber (-2.1% per month) and rubber (+6.0% per month).

In value terms, compounded rubber, unvulcanized, in primary forms or in plates, sheets or strip ($74M) remains the largest type of unvulcanized rubber exported from the United States, comprising 65% of total exports. The second position in the ranking was taken by plates, sheets, strip, rods and profile shapes, of vulcanized rubber other than hard rubber ($32M), with a 28% share of total exports. It was followed by rubber, with a 6.4% share.

From May 2022 to May 2023, the average monthly growth rate of the export volume of compounded rubber, unvulcanized, in primary forms or in plates, sheets or strip was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: plates, sheets, strip, rods and profile shapes, of vulcanized rubber other than hard rubber (-1.2% per month) and rubber (+0.9% per month).

Export Prices by Country

In May 2023, the unvulcanized rubber price stood at $4,347 per ton (FOB, US), shrinking by -4.1% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 8.6% m-o-m. As a result, the export price attained the peak level of $4,531 per ton, and then contracted modestly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($8,749 per ton), while the average price for exports to Thailand ($736 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform