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Wisconsin’s Global Initiatives March 15, 2013 Presented by:

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1 Wisconsin’s Global Initiatives March 15, 2013 Presented by:
Lisa Stout and Ashwini Rao Economic Development Consultants Wisconsin Dept. of Agriculture, Trade & Consumer Protection

2 Discussion Topics Resources Available for:
Exporter Education – becoming export ready Market Entry – building export sales Market Development – achieving export success

3 What do we export? Retail Food Food Service Food Ingredients
Feed / Feed ingredients Fruit Products incl. cranberries Snack items/ Convenience / Ready-to-eat Nutrition bars, chips, sauces, dressings, cheese, Lumber and wood products Agricultural equipment Livestock / Livestock genetics Beverages Meat

4 Evaluating export readiness
Selling domestically Production capacity Inquiries from foreign buyers Financial resources Product and packaging modification Shipping internationally Pricing for export/payment Investment (time/labor)

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7 Our Approach Finding Markets & Customers
Perform statistical research to determine top importing countries for your product Define potential customers Recognize main competitors Determine restrictions and regulations on product

8 General & Industry Market Data
- US Dept. of Commerce Country Commercial guides - Foreign Agricultural Service Exporter Guides; FAIRS Report (Food and Agricultural Import Regulations); Sector Reports (Retail Food / Food Processing/Ingredient / Hotel, Restaurant, Institutional Food Service) Industry Associations US Dairy Export Council, Cranberry Marketing Institute, Organic Trade Association, Food Export Association of the Midwest Wisconsin International Trade Associations

9 Food Export Association of the Midwest
Top Product/Market Evaluation: free for registered companies Market Builder – Primary, customized research; 23 foreign markets Market overview, targeted list of buyers/ importers Exporter Education - webinars

10 Achieving Export Sales

11 Export Documentation & Certificates
US government requirement Foreign government requirement Factors to consider: Country of origin and destination Mode of transportation — truck, rail, ocean, air, pipeline Commodity — agriculture, livestock, safety/security, end-use, software Size (value, volume, weight, dimensions) Parties to the transaction (shipper, consignee, agents, brokers, banks)

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13 Market Development Buyers’ Missions Trade Missions/Gold Key Service
Food Show PLUS Trade Shows/Events

14 Export Funding Branded Program (Food Export Association of the Midwest) Global Business Development Program (Wisconsin Economic Development Corp.)

15 Branded Program Provided by Food Export
Reimburse 50% for intl. marketing and promotional activities from $2,500 up to $300,000 a year U.S. food & agricultural products only minimum 50% US agricultural origin Last year Wisconsin companies reimbursed over $1 million

16 Other Resources Industry Associations
WMEP- Wisconsin Manufacturers Extension Partnership WMC- Wisconsin Manufacturers & Commerce MMAC- Metropolitan Milwaukee Association of Commerce Water Council International Trade Associations MITA- Madison International Trade Association Northern Wisconsin International Trade Association Milwaukee World Trade Association Northeast Wisconsin International Business Development Program Stateline World Trade Association Freight Forwarders Law Firms- Intellectual Property, Immigration, Tax Accounting and Financial Advisors International Trade Development Consultants Banks with International Services

17 Contact us DATCP Phone: 1-800-462-5237
Website:


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