USTDA Support Aided $5 Billion in Exports in FY 2011
The U.S. Trade and Development Agency’s annual report for fiscal year 2011 shows that USTDA programs supported a record $4.9 billion in U.S. exports. In addition, the return on program investment increased significantly for the third year in a row, from $47 to $58 in exports for every program dollar expended.
USTDA states that in FY 2011 it made the strategic decision to narrow its focus to 26 priority countries that offer the strongest and most viable markets for U.S. exports. The agency also focused its program on three priority sectors: transportation, clean energy, and information and communication technology. These sectors reflect the greatest demand from developing and middle-income countries, represent areas of recognized U.S. private sector expertise and competitiveness, and have the greatest likelihood of receiving implementation financing.