Ceramic Industry Blog

U.S. Dollar Down, Exports Up?

August 11, 2008
/ Print / Reprints /
/ Text Size+

I’m not an economist, not by a long shot, but it seems like an undervalued U.S. dollar must be bad for business in this worldwide economy. At today’s exchange rate, €100,000 equates to $150,000, which makes doing business overseas pretty expensive for American companies.

On the other hand, the value disparity can make the cost of goods from U.S. manufacturers look very attractive to foreign companies. According to a story by NPR’s Mhari Saito (www.npr.org), one manufacturer in Cleveland, Ohio, has experienced increased orders despite increasing raw materials costs. The company’s vice president, Greg Gens said, “‘When we go overseas now, a dollar-denominated price is something more competitive – if you are competing against companies that are selling in euros, for instance. So there is an advantage as we set up and try to get product into Europe or Southeast Asia.’”

While the weak dollar spells reduced imports, and a continuing weakened economy overall, many manufacturers can capitalize on the disparity by emphasizing the lower cost of their goods in relation to overseas competitors. Increased exports are sure to follow.


You must login or register in order to post a comment.



Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts


Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40