Southern United States Trade Association
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Transcript of Southern United States Trade Association
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Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
Southern United States Trade Association
Kristin Core Outreach Coordinator
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Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
![Page 3: Southern United States Trade Association](https://reader035.fdocuments.in/reader035/viewer/2022070402/56813792550346895d9f348f/html5/thumbnails/3.jpg)
Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
![Page 4: Southern United States Trade Association](https://reader035.fdocuments.in/reader035/viewer/2022070402/56813792550346895d9f348f/html5/thumbnails/4.jpg)
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Helping southern U.S. companies export food and agricultural products around the world.www.susta.org
Top Five Consumer Oriented Exports, 2013
Poultry Meat & Prods. (ex. eggs) $153 million
Prepared Foods $116 million
Dog & Cat Food $62 million
Pork & Pork Products $45 million
Condiments & Sauces $39 million
Total of Top Five Products $415 million
All Others $60 million
Total Consumer Oriented Products $475 million
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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%
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1990 1994 1998 2002 2006 2010 2014 2018
Foreign households w/real PPP incomes greater than $20,000 a year
“Middle Class” Outside the U.S. Expected to Double By 2020 – To 1 Billion Households
Worldwide food consumption will be impacted
Developing countries
Developed countries (ex US)
Middle class in developing countries projected to increase 104% by 2020 vs. just 9% in developed countries in 2009
Source: Global Insight’s Global Consumer Markets data as analyzed by OGA
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… 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
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Helping southern U.S. companies export food and agricultural products around the world.
www.susta.org
Contact UsSouthern U.S. Trade Association
701 Poydras StreetSuite 3845
New Orleans, LA 70139Tel: (504) 568-5986Fax: (504) 568-6010
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