US Commercial Service Aerospace Team:Aerospace and Defense Exporter Alert July 2023

 

Aerospace and Defense Exporter Alert July 2023 Welcome to the Aerospace & Defense Exporter Alert.  Brought to you by the U.S. Department of Commerce’s, Industry & Analysis-Aerospace Office and U.S. Commercial Service. Each edition highlights an important aerospace and defense market, industry policy and our signature events. We also include tools to export such as export statistics, market research, trade events and U.S. government advocacy.   Market of the Month - Philippines The Philippine’s defense market is contingent with the Armed Forces of the Philippines’ (AFP) 15-year modernization program (2013-2028), designed to protect defense modernization efforts from shifts in the country’s political climate. The third milestone, or Horizon 3 (H3), will likely evolve to run a span of 15 years and will be divided into three phases: H3 Phase 1 (2023-2027), H3 Phase 2 (2028-2032), H3 Phase 3 (2033-2037). U.S.-Philippine relations are based on strong historical and cultural links and a shared commitment to democracy and human rights. The U.S. has designated the Philippines as a Major Non-NATO Ally, and there are close and abiding security ties between the two nations. The strong relationship developed between the Philippines and the U.S. in recent years has contributed for the development of significant opportunities for U.S. defense and security equipment manufacturers and service providers to enhance the Philippines’ self-defense capabilities. The U.S. provides an average of about $120 million per year in Foreign Military Financing (FMF) to the Philippines. This year, due to the bump up, it will be in excess of $200 million. The U.S. Government has expressed its intent to make available to the Philippines $100 million in additional Foreign Military Financing (FMF) to be used by the Philippine Department of National Defense (DND) to fund its armed forces modernization programs. Click here for the full report, Market of the Month - Philippines. The Department of Commerce Advances U.S. Economic Competitiveness and Supply Chain Resiliency through the Indo-Pacific Economic Framework for Prosperity (IPEF) In May, U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai hosted 13 international partners in Detroit, Michigan, to advance the Biden Administration’s economic priorities in the Indo-Pacific. The Detroit ministerial meeting included the announcement of the substantial conclusion of negotiations on the IPEF Supply Chain Agreement. The Agreement would make supply chains more resilient and competitive by creating an IPEF Supply Chain Council and Supply Chain Crisis Response Network, among other innovative mechanisms, to ensure resilient, reliable, and efficient supply chains. To learn more about IPEF and how it will advance resilience, sustainably, inclusiveness, economic growth, fairness, and competitiveness for our economy, listen to remarks at CSIS and hear from Under Secretary of Commerce for International Trade Marisa Lago and Chief IPEF Negotiator Sharon Yuan at the U.S.-Indo-Pacific Conference 2023 and view the Press Release detailing the IPEF Supply Chain Agreement. Department of Defense Unveils Comprehensive Recommendations to Strengthen Foreign Military Sales June 13, 2023, Secretary of Defense Lloyd J. Austin III approved a tasking memo from the Department of Defense (DoD) Foreign Military Sales (FMS) Tiger Team that highlights six key FMS pressure points and directs implementation of recommendations to improve and accelerate the Department’s institutional processes to execute FMS cases. The efforts of the Tiger Team and the Department’s commitment to improve the FMS system advance the direction of the 2022 National Defense Strategy to break down barriers to working with allies and partners. Read Full DoD Press Release. Signature Events & Programs We engage with events and trade shows to accelerate the global reach of the events. Providing participants the assurance that the U.S. Department of Commerce not only recognizes the event, but is committed to using the event to maximize opportunities for U.S. exporters.   NATO Procurement Webinar July 11, 2023, 10:00AM New York Speakers NATO Support and Procurement Agency Carlos Ferrer Lopez , Chief of Branch for the Procurement Directorate U.S. Commercial Service, U.S. Embassy – Belgium Ira Bel, Commercial Specialist Office of Defense Cooperation, U.S. Embassy – Belgium Sign-up for NATO Webinar Now Fee: $25 Questions: Ira Bel   Saudi Arabia Defense Market & World Defense Show 2024 Trade Event Partnership Program - Webinar Wednesday, July 12, 2023 8:00 AM - 9:30 AM   Speakers U.S. Embassy, Riyadh DOD and Political/Military Offices Lockheed Martin - Saudi Arabia & Africa World Defense Show   Sign-up for Saudi Arabia Webinar Now Cost: Free Questions: Erik Hunt   Romania & Poland Aerospace and Defense Webinar July 26, 2023, 10:00 AM, Washington, D.C.   Speakers U.S. Embassy, Romania DOD and U.S. Commercial Service General Secretary, Government of Romania, Mircea Abrudean U.S. Embassy, Poland DOD and U.S. Commercial Service Lockheed Martin - Poland Sign-up for Romania & Poland Webinar Now Cost: $25 Questions: Diane Mooney, Frantz Eyssallenne U.S. Aerospace & Defense Trade Mission to Romania and Poland Trade Mission November 12-17, 2023 The United States Department of Commerce, International Trade Administration (ITA) is organizing a U.S. Aerospace & Defense Trade Mission to Romania and Poland, November 12-17, 2023. The objective for this mission is to give U.S. companies an opportunity to provide aerospace and defense equipment, technology, and services to Romania and Poland, both impacted by the Russian invasion into Ukraine.   Participating U.S. firms will gain market insights, make industry contacts, solidify business strategies, and advance specific projects, with the goal of increasing U.S. exports and services in the aerospace and defense sectors. The mission will introduce U.S. firms to aerospace and defense stakeholders in the region and assist U.S. companies in finding foreign business partners to export their products and services to Romania and Poland. The mission will include customized one-on-one business appointments with pre-screened potential buyers, agents, distributors, and joint venture partners. It may also include meetings with government officials and industry leaders, as well as networking events. In Romania, companies will also have an opportunity to participate in site visits to Aerospace/Defense Production Facilities or an R&D Center. For companies new to the market, this will be an opportunity to make initial contacts and learn more about the large defense market in Central and Southeast Europe.  More Information on Trade Mission Questions: Diane Mooney, Frantz Eyssallenne Global Trade Events We've pulled together a list of trade shows to help you plan your outreach. Country Dates Show Colombia Jul. 12-16, 2023 F-Air Turkey Jul. 25-28, 2023 IDEF United Kingdom Sep. 12-15, 2023 DSEI Poland Sep. 5-8, 2023 MSPO So. Korea Oct. 17-22, 2023 ADEX Click here for a complete list of Global Trade Events. Export Statistics We've rounded up the latest statistics on U.S. aerospace & defense exports to help you pinpoint your most promising export destinations. Top U.S. Export Destinations (IPEF) 12 Month Aerospace & Defense Exports to the IPEF Countries (May 2022 - April 2023; USD) Country Civil Defense Total 1. Singapore $5,165,191,679 $184,332,749 $5,349,524,428 2. Japan $2,839,272,664 $410,758,805 $3,250,031,469 3. Korea $2,001,603,343 $549,534,178 $2,551,137,521 4. India $2,371,203,709 $119,391,247 $2,490,594,956 5. Australia $1,402,799,048 $617,840,635 $2,020,639,683 Click here for a complete list of Top U.S. Export Destinations (IPEF) Export Statistics (US Monthly) Monthly U.S. Civil Aircraft, Engines, and Parts Exports Month Exports (Billions, USD) April 2023 $9 March 2023 $10 February 2023 $7 January 2023 $7 December 2022 $10 Click here for a complete list of Export Statistics (U.S. Monthly) Top 20 U.S. Civil Aircraft, Engines, and Parts Export Destinations (May 2022 - April 2023) Rank Country 12-Month Total Exports (Billions, USD) 1 France $9 2 Canada $9 3 Germany $9 4 United Kingdom $8 5 Brazil $7 Click here for a complete list of Top 20 U.S. Export Destinations Market Research (IPEF) Comprehensive industry reports from our global network of aerospace industry experts highlighting export potential for your products and services. Country Aerospace Defense Australia Report Report Brunei Report Report India Report Report Indonesia Report   Japan Report Report Click here for a complete list of Market Research (IPEF) Advocacy in Action Improve your chances of winning a foreign government procurement by working early in the process with the Advocacy Center. Assistance is available to U.S. businesses across industry for projects ranging from small contracts to large multi-year efforts. Each year, trillions of dollars in foreign government procurement opportunities are put out for competitive bidding.  Click below to learn about trillions of dollars in foreign government procurement opportunities. Contact Us! Our mission is to increase U.S. exports, enhance job creation, strengthen national security, promote and protect U.S. commercial interests abroad, and deliver customized solutions to ensure that U.S. businesses compete and win in the global marketplace. Export assistance is provided to U.S. companies who manufacture goods and/or provide services of at least 51% U.S. content. We assist companies in the following areas: International Trade Counseling, Business Matchmaking, Market Intelligence, Customized Services, and much more. Contact Us to find your local International Trade Specialist. Please direct newsletter questions to Erica Ramirez at Erica.Ramirez@trade.gov

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The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce's International Trade Administration. U.S. Commercial Service trade professionals in over 100 U.S. cities and in more than 75 markets help U.S. companies get started in exporting or increase sales to global markets.