NAICS Code 561110-08 - Export Management

Marketing Level - NAICS 8-Digit

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NAICS Code 561110-08 Description (8-Digit)

Export management is a specialized industry that involves the planning, coordination, and execution of international trade transactions. Companies in this industry provide a range of services to businesses that want to expand their operations overseas, including market research, logistics management, customs compliance, and financial services. Export management firms act as intermediaries between businesses and foreign markets, helping to bridge the gap between different cultures, languages, and legal systems. This industry requires a deep understanding of international trade regulations, as well as strong communication and negotiation skills.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 561110 page

Tools

Tools commonly used in the Export Management industry for day-to-day tasks and operations.

  • Export documentation software
  • International trade compliance software
  • Freight forwarding software
  • Customs brokerage software
  • Supply chain management software
  • Market research tools
  • Translation software
  • Financial management software
  • International payment processing tools
  • Export compliance training programs

Industry Examples of Export Management

Common products and services typical of NAICS Code 561110-08, illustrating the main business activities and contributions to the market.

  • Export logistics management
  • International trade consulting
  • Customs brokerage services
  • Freight forwarding
  • Export compliance services
  • Market research for international trade
  • International payment processing
  • Supply chain management for exports
  • Translation services for international trade
  • Financial services for exports

History

A concise historical narrative of NAICS Code 561110-08 covering global milestones and recent developments within the United States.

  • Export management has been a crucial part of international trade for centuries. The first recorded instance of export management dates back to the 16th century when the British East India Company was established to manage the export of goods from India to Europe. In the 20th century, the industry saw significant growth due to advancements in transportation and communication technologies. The introduction of containerization in the 1950s and the widespread adoption of the internet in the 1990s further revolutionized the industry. In recent years, the industry has faced challenges due to geopolitical tensions, trade wars, and the COVID-19 pandemic. However, the industry has also seen opportunities for growth due to the increasing demand for e-commerce and the rise of emerging markets. Export management in the United States has a rich history that dates back to the country's founding. In the early years, the industry was dominated by agricultural exports such as tobacco, cotton, and rice. In the 20th century, the industry expanded to include a wide range of goods and services, including technology, entertainment, and tourism. The United States has been a leader in the industry due to its strong economy, advanced infrastructure, and innovative companies. In recent years, the industry has faced challenges due to the changing political landscape and the COVID-19 pandemic. However, the industry has also seen opportunities for growth due to the increasing demand for American products and services in emerging markets.