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USDA's Trade mission to India Spurs growth in agricultural exports

USDA's Trade mission to India Spurs growth in agricultural exports

By Andi Anderson

The U.S. Department of Agriculture (USDA) recently concluded a fruitful trade mission to India, facilitating more than 500 business-to-business meetings between U.S. exporters and Indian businesses. This mission, aimed at bolstering bilateral trade relations, showcased the immense potential for growth in agricultural exports to India.

Katie Nelson, deputy director for the Indiana State Department of Agriculture, and Drew Sherman, ISDA international trade director, were among the delegates representing the interests of American agribusinesses during this significant initiative.

Alexis Taylor, USDA's under secretary for trade and foreign agricultural affairs, emphasized India's position as a key market for U.S. food and agriculture products. With India's burgeoning middle class expected to surpass 660 million by 2030, the country offers a promising consumer-oriented market ripe for American exports.

A diverse delegation comprising 23 U.S. agribusinesses, 11 state departments of agriculture, and 130 representatives contributed to the success of the trade mission. Highlighting the significance of India as an export destination, Taylor noted that food and agricultural exports to India reached nearly $2 billion last year, positioning it as the 13th largest single-country export market for the U.S.

Recent tariff reductions by India on various U.S. agricultural products, including poultry, vegetables, fruits, pulses, and tree nuts, further signify the potential for expanded trade relations between the two nations.

Looking ahead, USDA's trade initiatives include upcoming missions to Canada, Colombia, Vietnam, and Morocco, fostering greater collaboration and trade opportunities in key global markets.

In 2023, U.S. agricultural exports to India amounted to $1.94 billion, with a compound average growth rate of 5.7% from 2014 to 2023. These figures underscore the importance of continued efforts to strengthen trade ties and capitalize on India's growing demand for high-quality American agricultural products.

For more insights into USDA's trade initiatives and agricultural exports, visit their official website.

Photo Credit: USDA

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