South Asia Presenting New Opportunities for US Ag Exports, USDA Says
South Asia is becoming an increasingly attractive export market for U.S. bulk agricultural goods, especially for U.S. cotton, nuts, soybeans and dairy products, the U.S. Department of Agriculture Foreign Agricultural Service reported Jan. 22. U.S. agricultural exports to the region…
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have grown 85% over the five years from 2015 to 2019, with cotton exports up 180%. USDA said it expects the trend to continue due to the region’s growing population, “sizable young demographic” and rising demand for “packaged, protein-rich, high-value food products, fresh fruits and tree nuts.” Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka are in the South Asia region.