Otter pays successful visit to China |
November 16, 2016 |
Following his recent trade mission to China,
Governor C.L. “Butch” Otter reported positive
preliminary feedback from participating Idaho
companies and organizations. “Our recent mission to China was one of the best we’ve had,” Otter said. “The interest we received in Beijing, Shanghai and Guangzhou was a reflection of the great products and services we were promoting, along with the tremendous market potential that remains in China.” The October 28-November 5 trade mission was coordinated by the Idaho Department of Commerce and the Idaho State Department of Agriculture. The destination was selected by a survey of Idaho businesses. Participants represented a variety of industry sectors including potatoes, wheat, dairy products, agricultural and temperature-controlled supply chain equipment, dietary supplements, personal care products, forage, animal feed and supplements, recreational vehicle sourcing services, and university research/international education. The value of exports significantly contributes to Idaho industries and the state’s economy. Nearly 20 percent of all Idaho agricultural commodities are exported, for a total export value of more than $2 billion in 2015. However, it can be difficult to seize foreign market opportunities. Governor-led trade missions are a proven tool to accelerate market access for Idaho companies. “Personal relationships are an essential part of doing business in the Chinese market,” Otter said. “We identified some excellent opportunities, and I look forward to seeing their future successes.” Idaho’s exports to China totaled $560 million in 2015 – up more than 16 percent from 2014 and making China the second-largest export market for Idaho. Year-to-date exports to China for 2016 are up more than 18 percent. |