A food safety factory shutdown has Americans hunting for baby formula. Readying themselves for a covid-19 lockdown, Chinese in Beijing emptied store shelves. Emerging from lockdown, some in Shanghai are visiting well-provisioned markets. U.S.-China agricultural trade is booming, but many are still being left hungry. Food security, sustainability and safety remain issues.
Hot Market Watch: Selling to Brazil, China & India
The Xavier University, Southern Ohio District Export Council (SODEC) International Trade Conference will provide market updates, tools, and resources for companies interested in selling to or expanding further into the Brazilian, Chinese, and Indian markets.
The Xavier University, Southern Ohio District Export Council (SODEC) International Trade Conference is in its 5th year and is organized by U.S. Department of Commerce’s U.S. Commercial Service - Cincinnati. It is the region’s largest international event of its kind. This year’s conference, “Hot Market Watch: Selling to Brazil, China & India,” will provide market updates, tools, and resources for companies interested in selling to or expanding further into these markets.
While these countries are “hot markets” for U.S. companies, they are not without challenges and obstacles. This conference will address some of these concerns and provide information to help you navigate through these complex, but potentially rewarding markets. It will also show how other companies are successfully selling to Brazil, China & India.
New! - 2010 International Business Awards Luncheon The Business Courier is launching an International Business Awards Luncheon to identify, reward and honor companies that have excelled in the international marketplace. This event will be held in conjunction with the conference.
Why Brazil, China & India?*
* U.S. Exports to Brazil in 2008 reached over USD$25 billion
* Brazil is the world's eighth largest economy by nominal GDP
* Brazil's purchasing power parity reached a historical USD$1.66 trillion in 2008.
* U.S. exports of goods to China totaled USD$71.5 billion for the year in 2008
* In 2008, U.S. exports to China increased by 9.5 percent from the year prior, helping to make China one of the fastest growing foreign markets for U.S. goods
* In 2008, the Chinese government unveiled a USD$585 billion economic stimulus plan.
* U.S. Exports to India in 2008 reached over USD$34 billion, an increase of 85% over 2007
* It is expected that India will have and sustain the fastest growth rate in the world by 2011
* More than 400 million people, a full 40% of the population, will enter India's middle class over the next 15 to 20 years.
Tensions evident in the recent European Union-China virtual summit reflect the increasing skepticism in Europe toward China and the worries over Ukraine and economic ties as well as human rights and environmental issues.