On November 15, 2018, U.S. Secretary of Commerce, Wilbur Ross, announced the release of the International Trade Administration’s (ITA) new Market Diversification Tool (MDT).

The MDT produces a ranked list of recommended markets in a report. The MDT allows users to select multiple markets or regions, and it links to other Commerce applications.

According to Secretary Ross, the MDT uses “…data resources and analytics available to the Department of Commerce…” and “…can help companies explore previously untapped markets, strengthening U.S. companies’ competitiveness and overseas presence.”

The Department of Commerce’s press release may be found here:

https://www.commerce.gov/news/press-releases/2018/11/us-secretary-commerce-wilbur-ross-announces-new-data-application-help

The MDT may be found here:

https://www.export.gov/marketdiversification