11 Jul Where to Get Your Global Trade News
At a recent global trade event attended by current and potential small business exporters, the same question kept coming up. “Where do I get international news that’s relevant to my business or industry?”
With such a plethora today of sources for news, trends, statistics, and information, it’s easy to get lost among your options. Many busy businesspeople who are considering exporting for the first time are overwhelmed with the feat of finding helpful news sources that are relevant to the foreign markets they’re targeting. If you count yourself among these, this blog is for you!
I’ve compiled a list of my favorite resources for keeping up with global trends, news, and events in the areas of business, trade, policy, and industry. These resources not only offer free information, but also free webinars, white papers, planning guides, and other useful tools for the new exporter or international business owner. Some of them are regional or statewide, others are national, and others span the globe.
This first group of resources offers free e-newsletters that you can subscribe to. The beauty of the e-newsletter is that it’s delivered straight to your inbox, so you can read it when you choose. I rarely read the entire email. Most of the time I quickly scroll through and scan the headlines, reading more only on the subjects that are relevant to me and my business.
Here are my top three:
#1: CalChamber Council for International Trade – By far, this is my favorite. It’s an easy-to-scan digest of the latest news and information with international headlines, trade policy, and a calendar of local, national, and international events. It’s got a little bit of everything and is sent weekly.
#2: World Trade Center Northern California – Their regular e-newsletter covers resources and events for international trade in northern California. If you’re not in northern California, find the WTC in your region for the same great information.
#3: MSU globalEDGE – Created by the International Business Center at Michigan State University, globalEDGE™ is a knowledge web-portal that connects international business professionals worldwide to a wealth of information, insights, and learning resources on global business activities. Their monthly e-newsletter covers international business topics and global trade resources.
Here are several more sites with mostly free e-newsletters that I subscribe to:
Daily Chatter – Offers a daily e-newsletter with the most important global news stories of the day. First 2 weeks are free, then it’s $15 for a year subscription. (As a member of the Colorado Springs World Affairs Council, I get it for free.)
Export-Import Bank – EXIM is the official export credit agency of the U.S. Their e-newsletter provides updates and resources for export activities.
FAS GAIN reports – The Global Agriculture Information Network (GAIN) is maintained by the USDA’s Foreign Agricultural Service. Their e-newsletters provide data on U.S. and global trade, production on selected crops, updates on world regions, and more. What’s cool about this service is that you can subscribe to selected topics covering international trade and information by country and commodity.
Global Chamber – This is an up-and-coming worldwide organization with local chapters that provides members with opportunities to connect with customers, partners, and resources to grow globally. Their weekly e-newsletter has interesting articles on topics that are relevant to doing business internationally.
Savi Global – This is my company and we offer business planning, marketing, and translation services to entrepreneurs with an international vision, whether you’re an American business owner looking to expand abroad or a foreigner starting a business in the U.S. Our monthly e-newsletter, while geared towards promoting international business in northern California, provides useful global business tips, industry trends, resources, and job opportunities for global professionals everywhere.
SBA – The U.S. Small Business Administration delivers loans, loan guarantees, contracts, counseling sessions, and other forms of assistance to small businesses. Their e-newsletter offers helpful business tips and upcoming events in your region.
SelectUSA – This is a U.S. government-wide program housed in the International Trade Administration (ITA) whose mission is to facilitate job-creating business investment into the U.S. and raise awareness of the critical role that foreign direct investment (FDI) plays in the U.S. economy. Their e-newsletter provides the latest updates on SelectUSA resources, publications, and events.
Tradeology – This is the International Trade Administration’s official blog offering the public an alternative source to mainstream media for trade information. Subscribing signs you up to receive notifications of new posts by email.
TradePosts – The U.S. Trade and Development Agency (USTDA) helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. This is their bi-weekly e-newsletter with information about upcoming events, export opportunities for U.S. companies, open solicitations, and informative news features.
WEGG World – Women Entrepreneurs GROW Global (WEGG) is a non-profit whose mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families, and their community. Their e-newsletter covers international trade topics and free monthly webinars on doing business globally.
World Affairs – Based in San Francisco, this non-profit convenes thought leaders, change makers, and engaged citizens to share ideas, learn from each other, and effect change in order to create lasting solutions to global problems. Their monthly newsletters are a forum for exploring issues and opportunities that transcend borders.
World Politics Review – This weekly e-newsletter is a source of news, opinions, and analysis to help you better understand critical global trends. It also offers occasional free reports on selected regions.
You can tap into think tanks for free information, statistics, and trends on international business and global trade topics. These are the ones I use:
BMI Research, a research firm that provides macroeconomic, industry, and financial market analysis, covers 24 industries and 200 global markets. I’ve gotten free white papers on various topics from them.
GRIIT, the Global Research Institute of International Trade, is a think-tank and consulting firm focused on free trade policy and helping businesses take advantage of global market opportunities. They offer a monthly newsletter with practical tips on entering specific markets effectively and efficiently, and free access to a database of export resources.
In addition to subscribing to the sources above, I employ one other tactic to round out how I get my global trade news.
Follow sources on social media
On whatever sites you use—Facebook, Twitter, LinkedIn—you should follow a variety of organizations, businesses, and industry associations that publish news that is relevant to your product or service and your consumer. These organizations usually post the same information across all their social media platforms, so don’t worry about reading everything in your feed. Just get to it when you can. Scan headlines and only read more when it’s important to you.
You should also follow your competitors or the industry giants in your space. They are great sources for what’s important to your consumers today and what will be important to them tomorrow. For instance, my company, Savi Global, provides translation and interpretation services. Now, I’m small time compared to the global giants, like Lionbridge and TransPerfect, but by seeing what they’re publishing—and they publish a heck of a lot of free information—I’m informing myself on industry trends and challenges and the needs of global translation customers, both big and small.
I hope you found this resource list helpful. If you have others, please add your comments!
By Nina Gibbs, Managing Director
Savi Global provides business planning and advising, marketing strategy, and translation and interpretation services to American companies working globally and to internationals starting business in the U.S. For more tips, advice, and resources for your global business, subscribe to Savi Global’s monthly eNewsletter.