Iowa Secretary Naig's Successful Trade Mission to Mexico

By Andi Anderson

Iowa Secretary of Agriculture Mike Naig recently spearheaded a successful trade mission to Mexico, held from February 18-24. The mission, orchestrated by the Iowa Economic Development Authority (IEDA), aimed at expanding Iowa's exports of both manufactured products and agricultural goods.

Expressing the potential created by Iowa's productive farmers and favorable trade agreements, Secretary Naig emphasized the opportunity to supply customers globally. Mexico, being Iowa's largest export destination for corn, pork, and dried distillers grains, holds significant market share for soybeans, soybean meal, beef, and ethanol.

The trade mission focused on acknowledging past business, strengthening existing relationships, and uncovering new opportunities. With Iowa companies achieving a record $4.2 billion in goods exported to Mexico in 2023, the state solidifies its position as a key trade partner. Key agricultural exports include corn ($973 million), pork ($706 million), and soybeans ($392 million).

Mexico stands as the second-largest export market for U.S. exporters, with overall exports valued at $323 billion in 2023. In the agricultural sector alone, Mexico's purchases reached a record $28.5 billion, underlining its significance as a vital market for Iowa's agricultural products.

The mission included representatives from prominent organizations such as the Iowa Beef Industry Council, Iowa Corn, Iowa Pork Producers Association, Iowa Soybean Association, Iowa Farm Bureau Federation, and IEDA staff. Delegates engaged in meetings tailored to their market entry or expansion needs.

The IEDA's International Trade Office plays a pivotal role in connecting Iowa companies with global markets, providing education on exporting, and assisting global companies looking to establish or expand operations in Iowa. For further details on these services or upcoming trade missions, visit iowaeda.com/missions.

Secretary Naig's strategic mission underscores Iowa's commitment to fostering international partnerships and expanding its global footprint in both agriculture and manufacturing sectors.

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