The delegation also features representatives Idaho, Iowa, North Dakota, Texas and Virginia as well as 21 agribusinesses and organizations. They’ll spend their time in Kuala Lumpur, Malaysia as well as Manila, Philippines and will meet with potential business partners from Burma and Thailand.
Ibach estimates exports into Southeast Asia have doubled over five years from $2.7 billion in 2009, reaching about $5.4 billion in 2014.
Nebraska beef exported to the Philippines has seen the most increase. In 2009, beef exports were valued around $905,000 and in the past five years has skyrocketed to $7.9 million worth. Beef to Thailand has also experienced growth with exports rising from $33,000 to $973,000 within the same five year time period.
Join the conversation and tell us the kinds of opportunities you would like to see with these new relationships being formed.
Will you change your farm operation and incorporate more beef?