Published On: 02.05.23 | 

By: Jerry Underwood

Trade missions uncover export opportunities for Alabama companies

Alabama economic development officials on a trade mission to Germany in 2021. The trip resumed the series of Alabama Department of Commerce-led trade missions, paused temporarily because of the pandemic, that have boosted Alabama exports over the years. (contributed)

For Alabama-based manufacturer Sealing Equipment Products Co., or SEPCO, selling its mechanical seals, gasketing materials, compression packing and other high-performance products in markets around the world has become a core element of its business.

SEPCO ships products to customers in about 40 countries, and Chief Executive Officer Chris Wilder is hoping to expand its exporting activities.

“We have maintained a robust exporting program for a number of years and have always had the attitude that only 20% of our potential market is in the U.S.,” he said.

As he works to expand SEPCO’s exports, Wilder has leaned on the Alabama Department of Commerce’s Office of International Trade, which offers companies resources and programs to go global.

“It’s hard work and expensive to expand internationally, but that’s where the Alabama Department of Commerce has been such a great partner,” Wilder said. “They’ve really helped us with some projects that we just wouldn’t have undertaken without them.”

Through the years, the department has been active in organizing dozens of trade missions allowing Alabama companies to identify attractive markets and make new connections all over the world.

Wilder said SEPCO has taken part in several of these missions, seeking opportunities in countries including Spain, Morocco, Uruguay, Chile, Argentina, Portugal, Peru, U.A.E., Australia, the Philippines and Singapore.

“Trade missions are a great way to get an initial start on trying to develop some commercial trade in a country that you have no experience with,” Wilder said.

Chris Wilder and Alabaster-based SEPCO have taken part in a half-dozen trade missions organized by the Alabama Department of Commerce and Export Alabama. (Chris Wilder)

‘Opening doors’

Christina Stimpson, director of the Office of International Trade, said trade missions can save companies valuable time and resources by maximizing contact with prospective distributors, sales representatives or partners.

These trade missions, organized in concert with Export Alabama partners, offer unique access to decision-makers and business executives around the world who are critical to forging lasting and successful business relationships, she said.

“We are leading the charge to ensure that Alabama companies are directly connected to the resources they need to access foreign markets and develop rewarding export opportunities,” Stimpson said. “Trade missions are all about opening doors and exploring new opportunities on an international level.”

In September 2022, the department led a delegation of Alabama small businesses on a trade mission to Germany, the first overseas mission of that kind since 2019.

But Commerce officials expect to return to a full trade mission schedule in 2023:

  • Australia’s Avalon Airshow (Melbourne), Feb. 27-March 3.
  • SEUS-Canadian Provinces Joint Meeting (Newfoundland and Labrador), July 23-25.
  • Colombia (Bogota and Cartagena), August.
  • SEUS-Japan Joint Annual Meeting (Tokyo), October.
  • Nordic Life Sciences Days (Copenhagen, Denmark), Nov. 29-30.

Greg Canfield, secretary of the Alabama Department of Commerce, said providing support for increased exporting activity is a strategic priority for the department.

“Exporting is a fundamental economic pillar that supports growth in our state. The increased demand for Alabama-made products and services around the globe underscores the success of our dynamic economy,” Canfield said. “The more that Alabama goods and services are the product or solution of choice around the world, the more jobs, greater revenue and better wages for Alabama businesses and workers.”

While in Germany, Alabama Commerce Secretary Greg Canfield tells German business leaders how his department and the state helped support small- and medium-size businesses during the pandemic. (contributed)

Company impact

Kirk Atkinson, president of Adah International, an industrial engineering and project management services firm, said the recent Germany trade mission unearthed new possibilities for his Birmingham company.

“The Made in Alabama team put together an immersive trade mission for us in Germany. We not only met but also began collaboration with new German customers and partners,” Atkinson said. “We returned with a fresh outlook, and new opportunities, for the future of Alabama — German trade.”

SEPCO’s Wilder said the trade missions are designed with the success of export-minded companies in mind.

“The pre-work market research to help set up potential prospect meetings is really great and then the guidance and support on the logistics of the actual meetings just makes it even better,” he said. “They’ll even provide translation services if language is an issue.”

In addition, SEPCO has worked with the Department of Commerce through the Alabama State Trade Expansion Program (STEP) to expand its export opportunities with a Spanish language website and cost offsets for export insurance fees. STEP can also help defray the cost of participating in a trade mission.

“I can’t say enough about the value the trade missions provide for the right company with the right situation,” Wilder said.

This story originally appeared on the Alabama Department of Commerce’s Made in Alabama website.