| Greece |
Our Featured Country
The Hellenic Republic (the official name of Greece) is a European country on the Mediterranean Sea. Located in the southeast of Europe, on the southern end of the Balkan Peninsula, Greece is composed of both mainland territory and more than 6000 islands, 227 of which are inhabited. As a member of the European Union, customs procedures and market access conditions are not very different from those of the other EU countries and the local currency is the euro. The country is a market of 11 million people. Like most of the population, most economic activity is in the area around the capital Athens. Although agriculture is only about 3.6% of GDP, it employs 12.5% of the population. And Greece is famous worldwide for its olives and wine. Manufacturing, high tech, construction, and sectors related to natural resources are well developed. And services are the most dynamic economic sectors of the country’s economy.
Greece is in the headlines these days because of its huge deficit and an overwhelming debt. Have a look at a recent article in the Economist for more details. Greeks are encouraged to decrease consumption, and the austerity announced by the government will certainly not help boost consumer sales.
Nevertheless this period of economic instability may be an environment for new business prospects in the country, since Greek companies under pressure are seeking new partnerships and opportunities. Websites you can use to find these opportunities include Invest in Greece and Greek Products, a marketplace of Greek products for export.
And you can find more economic data on the website of the Statistical Office.
And also don't forget the website of the U.S. Commercial Service in Greece. The site gives extensive information about the markets and business culture there. If that's not enough, you'll also find plenty of good research at the Greece Mini Portal, a feature of the FITA Web site. The Greece Mini Portal has an overview of Greece, with facts about the language, currency, climate, etc., plus more specific information about the economy, markets, taxes, labor market indicators, and tips on doing business in Greece.
The Greece Mini Portal is one of many research gateways at the FITA site. To find Mini Portals for other regions or countries, just click on "Country Profiles" from within a Mini Portal, or at the FITA home page.
Trade Statistics for International Business Development
The International Trade Centre, a joint venture of the United Nations and the World Trade Organization that promotes trade from developing countries, provides several databases and tools that can be useful for exploring foreign markets. Trade Map is one of them. It covers 220 countries and provides users with indicators of export performance, international demand, alternative markets and the role of competitors in the 220 countries. The trade statistics come from the most authoritative sources available. There is a license fee for the service, although people in developed countries are entitled to a 1 week free trial and people in developing countries are entitled to free subscriptions.
Using Industry Association Websites
Be Connected with an Industry Network
Are you in an electronics industry? Or the toy industry? Or just about any other industry or profession? Almost all industry associations have extensive websites that can be useful for market research, industry statistics, networking, industry directories, industry news, job seeking, industrial education and much more. There are quite a few association directories online and in print, although the most authoritative and complete ones, Gale's Encyclopedias of Associations, charge a subscription fee. A few, however, are free. Take a look at WEDDLE's Association Directory and Google's Open Directory of Associations. And do a search for lists of links to industry specific associations. For example if you are in the textiles or apparel industry, take a look at the list of Apparel & Textile Industry Associations & Organizations.
Humanitarian Business Partnerships
Foreign aid agencies of many governments offer business opportunities for private companies and NGOs. These “Private-Public-Partnerships” are a good way to build your international trade business. Most of the projects improve living conditions for people around the world in ears such as nutrition, water supply, infrastructure development, etc. All of the projects are opportunities to receive financial and/or technical assistance from national or international organizations, to find new business and to capture new markets. To learn more, read the article “How to Make Development Partnerships Work “ published on OECD’s “Observer” and visit the “Global Partnerships” pages on the website of USAID, the U.S. foreign aid agency.
FITA Career Headquarters
International Trade Officer
In the FITA Career Headquarters job seekers can now apply for jobs online and post their resume--free of charge--in an exclusive database that will be searched by hundreds of industry employers seeking employees with international degrees and/or related work experience. Featured this week is a listing for an International Trade Officer for ITT Communications Systems in Fort Wayne, IN. Click here to browse more than 700 other positions!
Employers - Click here to advertise your job openings on FITA's Career HQ.
Let the jobs come to you! Employers are looking for people with international skills. Post your resume TODAY and reap the rewards of the FITA Career HQ! And with a FITA Career HQ job agent, you can decide what kind of job you are looking for and let the system do the searching for you. Simply set up specific search parameters in a Job Agent, and whenever a job is posted that matches your criteria, you'll be notified automatically via email. It's that easy!
U.S. Commercial Service Events and Webinars
Resources for Going Global
The U.S. Commercial Service, a division of the International Trade Administration of the U.S. Department of Commerce, sponsors and participates in many events and webinars that help U.S. exporters sell overseas and help overseas buyers learn about U.S. exports. The Commercial Service has a searchable database of these events worldwide at http://www.export.gov/each/trade_events.asp. Below are some upcoming events:
- Webinar Series: "Exporting Made Easier," a six-part series of webinars from January 10 to March 31 covering some basic and advanced elements of exporting .... Identify markets, understand documentation, learn methods of payment, classify products, and make the most of international trade shows.
- Webinar Series: Trade Winds 2010: “The Americas,” a series of webinars through March 2010 about doing business in the Americas. Identify the strongest markets for export for your products in North, Central and South America.
- Complying with U.S. Export Controls. January 26-27, 2010, Scottsdale, AZ. An in-depth examination of the Export Administration Regulations (EAR).
- Medical Trade Mission to India, March 8-13, 2010. A special trade mission for manufacturers of medical products/equipment, laboratory and diagnostics products and health care and related service providers.