When you consider bringing your manufacturing overseas it’s a big step. Where do you start? How do you budget for your product with unknown variables like tax and shipping? Maybe a good place to start is a country where there is an existing free trade agreement with America. Here’s the 20 countries who have free trade with America so you can manufacture your product with a few less international question marks.
Free Trade Agreements open up foreign markets and reduce barriers for US companies to work overseas. It also allows the large American market to bring health and growth to foreign economies. For example, in 2010 the Peru Trade Promotion Agreement was created. This agreement provided Peru with a stable exchange rate, low inflation, low unemployment, and an economic growth rate of nearly 10%. We have yet to see what the future will hold for the currently 14 agreements that make up 20 countries in the new Trump Administration but for now here’s where we stand.
At THR3EFOLD, we want to place you with your favorite factory while building economies around the world. It starts with a simple conversation. Email us and let us know what you are manufacturing, your quantity needs, and turnaround time and we can begin to find your factory fit.
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