Argentina? Bolivia? Chile? Guess again. Try Brazil. And The Export-Import Bank of the United States is putting some money there to promote exports. Exim Bank Chairman and President Fred P. Hochberg says:

“I chose Brazil as my first international destination for good reason: Brazil is a powerhouse among South American economies and offers tremendous opportunities for U.S. exporters in many sectors. I want Brazilians to know that Ex-Im Bank has the will and the capacity to finance their purchases of U.S. equipment, products and services."

First of all, Pennsylvania exports are up 18 percent in 2008 versus 2007. Secondly and according to the World Institute for Strategic Economic Research (WISER), Pennsylvania exported $34.4 billion worth of goods in 2008, more than double the total five years ago with the bulk of it going to Canada and Brazil. Lastly, Pennsylvania exports totaled just $16.3 billion in 2003.

The question we have to ask: Is this export momentum sustainable?

Read more here and weigh in with your comments.