Arlington, VA – Today, the U.S. Trade and Development Agency announced another year of record-breaking results, generating an average of $231 in U.S. exports for every dollar it programs to facilitate infrastructure development in emerging economies. In fiscal year 2023, USTDA identified more than $4 billion in new U.S. exports associated with the projects it has supported, bringing the Agency’s total to $119 billion since its inception as an independent agency in 1992.
“USTDA’s achievements are grounded in our decades of experience and partnership-based model of assistance that leads to high-quality, sustainable infrastructure,” said Enoh T. Ebong, USTDA’s Director. “Through strong partnerships, we create opportunities for U.S. companies to export cutting-edge solutions in support of our overseas partners’ priority infrastructure projects.”
USTDA quantitatively measures its results using an “export multiplier.” This ratio, which now stands at 231 to 1, represents the average value of U.S. exports that the Agency generates for every Congressionally appropriated dollar that it programs. The current export multiplier is based on a ten-year rolling average for USTDA activities that were completed from January 1, 2011, through December 31, 2020.
USTDA also evaluates the potential and realized development outcomes of its activities in areas including infrastructure development and efficiency gains, human capacity building, promoting effective markets and governance, promoting safety and security, and promoting environmental benefit.
For over 30 years, USTDA has employed a rigorous monitoring and evaluation process that measures project-specific data on an ongoing basis, allowing a true and consistent understanding of USTDA’s overall programming effectiveness. This process ensures that a credible and significant link exists between USTDA-funded activities and the exports it has facilitated. These efforts inform both the design of new activities and USTDA’s strategic planning, as well as increase the likelihood of U.S. exports and development outcomes associated with USTDA’s funding.
USTDA’s work advances the objectives of key foreign policy priorities such as the Partnership for Global Infrastructure and Investment (PGI), to deliver game-changing projects to close the infrastructure gap in developing countries.
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority infrastructure projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.
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