What we do
American Packaging and Export Company registered in
Commonwealth State of Virginia to assist foreign Companies
especially in the Sub-Saharan Africa to assess and benefit for
American Technologies and expertise, to help in popularizing the
use of American products by packaging and expanding American
goods and services to the various region of Africa.
American Packaging and Export Company (APECO) is currently
assisting in exploring the potentials of the emergent markets of Sub
Saharan Africa to the technical partners in America.
Did you know?
APECO.
U.S. trade with sub-Saharan Africa, roughly $25 billion in 2002, is still small in volume and highly concentrated in the energy sector and passenger aircraft sales. But American exports to and investments in Africa are rapidly diversifying, and there are far more resources available for small and medium-sized American companies to do business in Africa than even just a few years ago. The continent is constructing new airports, building roads, and revamping telecommunications systems. It is doing a great deal to enhance its Internet and IT capabilities. It is also slowly privatizing many of its state-run industries.
Foreign companies are, for the first time, approaching the continent's more than 600 million people as a legitimate market segment that cannot be ignored. And there are huge export opportunities for everything from refurbished construction equipment and frozen chicken to beauty products and solar lighting.
On the import side, the African Growth and Opportunity Act (AGOA) is offering 38 sub-Saharan African countries the most liberal access to the U.S. market available to any country or region that does not have a free trade agreement with the United States. In 2002, AGOA imports increased 10 percent to $9 billion. Textile and apparel imports were $803 million in 2002, more than double the 2001 figure.