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Southern United States Trade Association. Danielle Viguerie Marketing & Communications Director. Total U.S. Exports and Imports of Food and Agriculture. $25.4 Billion Trade Surplus in 2013. US Exports 2009-2013. Texas Exports 2009-2013.
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Southern United States Trade Association Danielle Viguerie Marketing & Communications Director Helping southern U.S. companies export food and agricultural products around the world. www.susta.org
Total U.S. Exports and Imports of Food and Agriculture $25.4 Billion Trade Surplus in 2013 Data Source: U.S. Census Bureau Trade Data, U.S. State Export Data
US Exports 2009-2013 Texas Exports 2009-2013 Data Source: U.S. Census Bureau Trade Data, U.S. State Export Data
Top consumer-oriented products exported from Texas in 2013 Beef & Beef Products - $1 Billion Poultry Meat & Prods – $725 Million Dairy Products - $521 Million Data Source: U.S. Census Bureau Trade Data, U.S. State Export Data
Top 10 markets for Texas’ consumer-oriented agriculture products in 2013 • Mexico: $2.7 Billion • Canada: $695.5 Million • Japan: $233 Million • Hong Kong: $139 Million • South Korea: $ 107.5 Million • Egypt: $ 79 Million • Netherlands: 77 Million • Taiwan: $ 50.4 Million • Chile: $ 42.2 Million • China: $ 39.2 Million Data Source: U.S. Census Bureau Trade Data, U.S. State Export Data
Global market trends and forecasts • Total U.S. ag exports up 50% since 2009 • Long term: World population is projected to increase 32% to 9.1 billion by 2050 • Global demand for food and agriculture is the expected to increase 70% – 100%
“Middle Class” Outside the U.S. Expected to Double by 2020 – To 1 Billion HouseholdsWorldwide food consumption will be impacted Foreign households w/real PPP incomes greater than $20,000 a year Middle class in developing countries projected to increase 104% by 2020 vs. just 9% in developed countries in 2009 Developing countries Developed countries (ex US) Source: Global Insight’s Global Consumer Markets data as analyzed by OGA
… so why think internationally? • U.S. agriculture industry entering a “golden age” with all indicators showing strong demand and profits over the coming decade • As global demand for agriculture products soars, the U.S. is well equipped to meet the demand and aided by the U.S. dollar • Because 95% of the World’s consumers are outside of the U.S., yet only one in 100 companies export
Contact Us Southern U.S. Trade Association 701 Poydras Street Suite 3845 New Orleans, LA 70139 Tel: (504) 568-5986 Fax: (504) 568-6010 E danielle@susta.org www.susta.org Like us on