SCORE, the nation’s largest network of volunteer expert business mentors, has gathered statistics indicating small business’ predominance in the United States export market.

Small businesses make up 97% of U.S. exporters and are steadily gaining a more proportionate revenue share:

  • International TradeIn 2002, only 27% of revenue from U.S. exports went to small businesses.
  • By 2014, that rate had risen to 33%.

International trade is a key driver of small business success:

  • U.S. companies that export grow faster and are nearly 8.5% less likely to go out of business than non-exporting businesses.
  • 26% of companies that trade internationally significantly outperform their market.

Small businesses export to:

  • Grow sales and profits.
  • Diversify and expand customer base.
  • Increase stability in light of U.S. economic challenges.

On average, becoming an exporter takes less than a year:

  • 48% of businesses reported that it took a few weeks to launch their exports.
  • 25% reported a few months.
  • 11% reported several months.
  • 7% reported a year or more.

Less than 1% of America’s 30 million companies export their products and services; 63% of non-exporting small businesses expressed the following concerns:

  • 39% say their goods are not exportable.
  • 37% don’t know how to start.
  • 24% worry about not getting paid.
  • 24% cite regulatory barriers.
  • 15% say it will disrupt domestic sales.