you work for a midsize machinery firm that has never sold anything abroad. top managers have asked you to identify the the top five potential markets that your firm can focus on its initial efforts to

Potential Markets
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Potential Markets – Outline
Introduction
Growth and expansion are the ultimate goals for any business. Regardless of the industry or sector that the business is based, every enterprise usually looks forward to increasing its market command through expansion. However, this expansion has to be done systematically and strategically to achieve the best outcome.
Thesis statement: The fast-growing economies with great political stability and stratified industries are the top potential markets for a business to expand its operations.
Body
The agricultural sector is one of the most fundamental industries in most economies. It is through the sector that the manufacturing, processing, and tertiary industries base many of their operations. Therefore, this midsize machinery firm can achieve higher success by using this approach in identifying potential expansion markets.
Ethiopia
Situated in Eastern Africa, Ethiopia ranks top five in the highest growing economies (Gray, 2017). The country is among the world’s highest producers of coffee. Agriculturally intensive.
Brazil
It is the world’s top producer of coffee. Very agricultural intensive with one of the most diverse climates and biodiversity in the world.
India
With a population of more than 1 billion people, the country is a growing economy that has a big market for machinery equipment.
Bhutan
Despite its small area size, it has an economic growth of about 7% (Sadeque, 2018). It is a lucratively growing market with eager consumers of machinery equipment.

Ghana
Located in Western Africa, it is among the highest growing economies in the world. The country’ economy is growing at a rate of about 8.2% (Eweniyi, 2018). Ghana enjoys an equatorial climate that is quite favorable for agriculture. It is a potential market for machinery equipment.
Conclusion
The above countries are great markets that a midsize machinery firm can export its products. Despite the substantial economic growths that are registered by the countries, they have very favorable business environments.
References
Eweniyi, O. (2018). 6 Of The World’s 10 Fastest Growing Economies This Year Are In Africa. Retrieved from http://www.konbini.com/ng/lifestyle/6-of-the-worlds-10-fastest-growing-economies-nigeria-not-one/Gray, A. (2017). These are the world’s fastest-growing economies in 2017. World Economic Forum. Retrieved from https://www.weforum.org/agenda/2017/06/these-are-the-world-s-fastest-growing-economies-in-2017-2/Fay, G. (2012). Economies Around the World. Raintree.
Findlay, R. & O’Rourke, K. H. (2009). Power and Plenty: Trade, War, and the World Economy in the Second Millennium. Princeton University Press.
Pilling, D. (2018). The Growth Delusion: The Wealth and Well-Being of Nations. Bloomsbury Publishing.
Umar G. B. & Abubakar B. U. (2018). Crowdfunding and Sustainable Urban Development in Emerging Economies. IGI Global.
Reddy, P. (2011). Global Innovation in Emerging Economies. Routledge.
Sadeque, S. (2018). The top 10 fastest growing economies in 2018. Quartz Business. Retrieved from https://www.theatlas.com/charts/BJOKD67VGSchwab, K. (2017). The Fourth Industrial Revolution. Crown Business.
Yoon, E. (2016). Superconsumers: A Simple, Speedy, and Sustainable Path to Superior Growth. Harvard Business Review Press.