08/28/2024 | Press release | Distributed by Public on 08/28/2024 13:17
WASHINGTON, Aug. 28, 2024 - Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a U.S. Department of Agriculture trade mission to Ho Chi Minh City and Hanoi, Vietnam, Sept. 9-13, joined by representatives from 58 agribusinesses and organizations and nine state governments that represent the diversity of U.S. agriculture. While the trade mission takes place in Vietnam, it will also provide U.S. agribusinesses a gateway to the Southeast Asia region thanks to participation by potential customers from Burma (Myanmar), Cambodia and Thailand.
"Vietnam's continued economic growth, ongoing reform and young population have combined to create a dynamic and quickly evolving environment for high-quality and diverse American agricultural products," said Taylor. "Our collaboration has secured market access for a variety of American products, including most recently stone fruit and grapefruit."
Vietnam and the rest of Southeast Asia holds immense opportunity for U.S. exporters, with rising consumer incomes, growing middle class populations and favorable perceptions of U.S. food and agriculture. In 2023, the United States exported $3.1 billion of agricultural products to Vietnam. As the third-largest supplier of food and farm products to Vietnam, the United States holds sizable market share across several categories, including bulk commodities such as cotton, soybeans and distillers grains, as well as consumer-oriented products such as tree nuts, dairy, poultry and fresh fruit.
Trade mission participants will connect with key importers for business-to-business meetings and learn about local and regional market conditions through detailed market briefings from USDA Foreign Agricultural Service staff, industry experts and government contacts.
On the trade mission, Under Secretary Taylor will be joined by officials representing the California, Indiana, Minnesota, Missouri, Montana, Nebraska, North Carolina, Tennessee and Wisconsin departments of agriculture, as well as representatives from the following business and organizations:
For more information about this and other USDA trade missions, visit: https://fas.usda.gov/topics/trade-missions.
USDA touches the lives of all Americans each day in so many positive ways. In the Biden-Harris Administration, USDA is transforming America's food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy, and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.
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