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The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.
A look at U.S. exports to South Korea in the year since since the United States-Korea Free Trade Agreement entered into force.