new-to-market (NTM)

(U.S.) As defined by the U.S. Department of Commerce, a reportable new-to-market export action is one that results from documented assistance to an exporter that facilitates a verifiable sale in a new foreign market. Either the company has not exported to that market during the past 24 months or previous exports to that market have resulted from unsolicited orders or were received through a U.S. based intermediary. See United States Department of Commerce.

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