Only 1/3 of US Small Businesses Sell Globally

[mandy]

Only 33% of small and mid-sized businesses in the U.S. are taking part in cross-border trade, according to the UPS Business Monitor United States, a survey of 600 business decision-makers.

Of those engaged in cross-border trade, 15% are importers, 9% are exporters, and 9% are both importers and exporters.

“The survey shows that many American (small businesses) haven’t gone global yet,” says David Abney, chief operating officer of UPS. “And if they don’t take part in trade, they stand to lose their competitive edge in a business environment that continues to transcend international orders.” ...

full article: http://www.internetretailer.com/dailyNews.asp?id=24134