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Otter pays successful visit to China |
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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. |
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