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Foreign trade in Idaho: State Department of Commerce helps businesses reach new markets [1]

['Mia Maldonado', 'More From Author', '- April']

Date: 2023-04-12

The Idaho Department of Commerce is inviting local businesses interested in selling their products abroad to attend informational meetings throughout April and June with the state’s international trade representatives from China, Mexico, Taiwan and Southeast Asia.

The meetings will focus on market overviews of the countries, including market trends, opportunities and potential challenges, Idaho Department of Commerce spokesperson Cody Allred told the Idaho Capital Sun.

Allred said in an email that the meetings are open to business owners, sales representatives and business development representatives interested in receiving advice for exporting Idaho goods and services abroad.

“These trade office meetings are open to Idaho businesses in any industry, so any industry in Idaho could benefit from these meetings,” Allred said. “The department does partner with the Idaho State Department of Agriculture, the U.S. Export Assistance Center, the Idaho District Export Council and the U.S. Small Business Administration in executing the event.”

To schedule a meeting, visit the department’s website.

Meetings with Taiwan and South East Asia Office Manager Eddie Yen are taking place this week until Friday.

Meetings with China Trade Office Manager Tara Qu are taking place April 10-21.

Meetings with Mexico Trade Office Manager Fabiola McClellan will take place June 5-16.

Small businesses lead Idaho exports, department offers grant opportunities

Data from the Idaho Department of Commerces shows that in 2021, Idaho exported $3.8 billion worth of products, with its top exports including food and agriculture followed by electrical equipment and machinery, and chemicals and fertilizers.

Nearly 90% of those exports came from small businesses, according to the department’s website.

In addition to offering meetings with international liaisons, Allred said the department’s international team focuses on helping small businesses sell their products and services abroad.

“Idaho Commerce also offers services to businesses such as export consulting, market research, due diligence on potential buyers, and hands-on support at international trade shows and on trade missions,” she said.

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