USA Today has an in-depth look at the growth of small business exports. Key quote on the substantial rise in exports:
"From 1992 through 2007, exports by U.S. small businesses have soared nearly fourfold to $400 billion, according to a preliminary estimate by economist Harvey Bronstein of the U.S. Small Business Administration."
The article covers the major trends driving this increase and includes several small business export case studies. Also not to be missed is the list of tips for small business exporters from global trade expert Laurel Delaney, CEO of Globe Trade.
Related to this, the International Herald Tribune has an article on the inflationary pressures that are impacting the developing world, especially in Asia. From the article:
"First, developing countries now produce nearly half of all American imports. Second, inflation in these countries is coming at the same time that many of their currencies are rising against the dollar. That puts American consumers in a double bind, paying at least some of producers' higher costs for making their goods, and higher prices on top of that because the dollar buys less in those countries."
These inflationary pressures are not good for developing economies or the U.S. consumer. However, they make U.S. produced goods and services more competitive and help drive the growth of U.S. small business exports.