Page 21 - TFWA World Exhibit 2023 Special Edition
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INSIDER



                  CITRA: Championing small business exports




                      CITRA Inc., the company founded                                  trade between Europe and the U.S. We do
                  by travel retail specialist Bart Collins,                            all the homework and are able to act as a
                  is a finalist in the 2023 Go Global                                  bridge between a small business in the U.S.
                  Awards hosted by the International Trade                             and the European countries,” he says.
                  Council in the Sustainable Solutions                                     CITRA is currently in the process
                  category. The winners will be announced                              of launching the Anne Klein watch brand
                  at a ceremony held in early November                                 from E. Gluck Corporation into the
                  during a 3-day high-level networking                                 domestic market in the EU. CITRA is also
                  program, encompassing panel discussions,                             achieving impressive success exporting
                  conferences, B2B and governmental-level                              the healthy vitamin enriched Hylux water
                  meetings, and a gala awards dinner.                                  internationally.
                      According to the organization’s                                      “WHSmith just extended the listing
                  website, the 2023 Go Global Awards is   Bart Collins, CITRA Founder  for Hylux for another year. It is the highest
                  a global platform for businesses seeking                             priced water in the assortment but number
                  to extend their reach and establish a                                two in sales,” says Collins.
                  formidable presence in the international   exports. But the United States lags far   He also represents travel accessories
                  marketplace. This government-sponsored   behind the rest of the world.   from Cloud and, as one of his most recent
                  event, hosted this year in Rhode Island,   “The truth is that Europe does not   brands, has been working with a start-up
                  USA, invites companies from all over   want to deal with exports from small U.S.   out of Detroit for a completely sustainable
                  the world to vie for recognition of their   companies. They prefer to deal instead with   line of baby clothing called ezdoezit.
                  outstanding achievements, innovation, and   farm, defense and big manufacturers. This   “I have been mentoring the woman
                  leadership.                        is so unfortunate, because as a group small   who created the line for the past year and
                      Collins, whose TR career included   companies in the U.S. pay more in taxes   we had a very successful show in Las
                  a stint as president of Aer Rianta   than major multinationals, they hire more   Vegas. Target is going to take the line and
                  International Sardana at JFK, has expanded   people and are less inclined to lay them off   we now intend to take it to the international
                  his remit from duty free to help small   when times are tough. Small companies   market. This is the brand that is a finalist
                  U.S. companies export their products   keep this country afloat,” explains Collins.  in the Go Global Awards in the Sustainable
                  internationally. He is passionate about the   In addition, he points out that the U.S.   Solutions category.”
                  struggles that small U.S. companies face   is not export-oriented at all, and most small   “I am a firm advocate for small
                  when they export from the U.S. to foreign   companies have no idea how to approach   and medium businesses. There are some
                  territories.                       the export market.                brilliant inventions out there that deserve
                      Collins says that exports from the   To overcome these challenges for   a wider audience. It has been a fascinating
                  U.S., as a percentage of GDP, is around   his own brands, Collins set up a company   ride and I am really happy with these
                  10%. Exports in the Eurozone, on the   in the Netherlands from which he also   companies I work with.”
                  other hand, are well over 54% — a huge   helps other companies export, providing
                  disparity compared to the U.S. Globally,   infrastructure, expertise and consolidation.   For more information, contact Collins
                  95% of the firms exporting are small and   “We met with the U.S. Embassy in   at bcollins@citra-inc.com
                  medium sized businesses that historically   The Hague about how to stimulate more
                  have contributed between 20-40% of total



























                                                                                       21                                                                              October 2023



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