Small Business Exporting Expected to Continue to Grow

According to the 2018 American Express Grow Global Survey of SMBs, 90% see international markets as their major growth opportunity. Of these, 75% predict that the percentage of their company’s total revenue from exported goods or services will increase over the next 12 months and 76% expect growth over the next 5 years. Nearly a third (32%) identified new international markets based on U.S. government contracting opportunities, and 16% said they are currently doing business internationally because of a government contract. Technologies have helped companies find new international markets.