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Expanding Indiana companies’ access to international markets is an important component of ISDA’s economic development strategy and one that pays great returns to the Indiana economy. Agricultural exports boost Indiana’s farm prices and income, and support an estimated 34,800 Hoosier jobs both on and off the farm in food processing, storage, and transportation. The U.S. agricultural industry is twice as reliant on export sales as any other sector of the economy, making access to global markets vital for Indiana’s continued agricultural success.
Indiana agricultural exports have been growing rapidly, thanks to strong economic growth and increasing demand for high-value products. With this growth expected to continue, the international market holds significant untapped potential for Indiana exporters. ISDA focuses on trade servicing and trade capacity building by helping to create, expand and maintain long-term export markets for Indiana agricultural products.
Governor Holcomb and Lt. Governor Crouch have tasked ISDA with ensuring that foreign markets remain open and with creating additional trade avenues for Indiana agricultural products. ISDA is committed to helping Indiana producers, processors, and packagers to leverage resources and grow their businesses through exports, working alongside both current and potential exporters to access educational and marketing services, financial assistance programs, and opportunities to meet foreign buyers.
The Food Export Association of the Midwest USA (formerly MIATCO) is a non-profit organization created in 1969 as a cooperative effort between 12 Midwestern state agricultural promotion agencies and the United States Department of Agriculture's Foreign Agricultural Service (FAS). Food Export-Midwest uses federal, state, and industry resources to help grow the export of Midwestern food and agricultural products, offering a variety of educational, financial, and promotional services through Market Access Program (MAP) funding.
Food Export-Midwest and ISDA strive to assist small Indiana food and agricultural businesses through the use of a variety of tools including:
• Export Education – complimentary one-on-one export assistance, export seminars and webinars, and a bi-monthly newsletter
• Market Entry Programs – market research, business matchmaking, tradeshow assistance, trade missions, and an online product catalog
Market Promotion Programs – in-store promotions and a 50% cost reimbursement for a wide variety of eligible international marketing and promotional activities (known as the Branded Program