January 2024 NDTO Member Focus

Welcome to NDTO Member Focus

NDTO uses this platform to share vital information

exclusively with our members on a monthly basis.

Essential Updates & Reports

International Strategic Analysis' weekly Global Update from January 17, 2024, can be downloaded here .

The United Nations Flagship Economic Report higlights why global cooperation is key. Read more here.

Released this month, U.S. International Trade in Goods and Services, November 2023

Learn more here.

IBNewsmag presents International news from around the world. Find the January's issue here.

India: India Authorizes Unrestricted Imports of Yellow Peas.

Learn more here.

What the Red Sea Crsis Could Mean for the Commodity Markets.

Read more here.

March 6- April 24, 2024, Virtual

ExporTech™ is a structured process designed to accelerate export growth for small- to medium-sized manufacturers and service providers.

The program is specifically targeted at the executive leadership of forward-looking companies that want to develop and execute a strategic growth plan to expand international sales.

Apply here.

Please take a few moments to nominate/recognize a company with export success in 2023, a colleague who selflessly promotes ND exporters or a high-quality export service provider. The awards will be presented at the 2023 GBC on May 15 2024, in West Fargo ND. We are looking for your help in nominating the next:

Exporter of the Year

Service to Exporters

Global Ambassador

New Market Entry Recognition

2024 SME Export Community Survey on the U. S. Export-Import Bank

As a business that exports, please take five minutes to share your feedback on the value and benefits of the U.S. Export-Import Bank (EXIM) through this short 10-question survey. We anticipate that the survey will provide helpful, current perspectives on ExIm and key guidance for building the agency’s continued growth and success.

Share Your Thoughts

Doing Business in Chile

Exports from North Dakota to Chile in 2022 totaled more than $28 million with crop-adjusted data from WISERTrade. The majority came from cereals ($13 million) followed by animal vegetable or microbial fats. Trade between North Dakota and Chile dropped sharply in 2015 and has slowly been increasing since. If you are interested in doing business in Chile, here are a few tips to keep in mind.

Chilean businesses tend to be less hampered by bureaucracy. Business leaders in Chile have a well-earned reputation for efficiency.

Avoid using aggressive hard-sell tactics when negotiating; instead, be up-front about your priorities and conditions for doing business.

While Spanish is the official language in Chile, it's likely that your Chilean counterparts will speak English.

January and February are usually the months for vacation. Try not to set meetings around this time.

All of this information and more is accessible through the AtoZ World Trade Database, available to you with your NDTO Membership.

Healthy Oilseeds: Healthy Oilseeds Hemp Products are Regenerative Organic Certified®

January 23: Northern Pulse Growers Annual Convention, NPGA, Minot, ND

February 6: Northern Corn and Soybean Expo, North Dakota Soybean Council, North Dakota Corn Utilization Council, North Dakota Soybean Growers Association and North Dakota Corn Growers Association, West Fargo, ND

March 19: Sorghum Food Product Development, Northern Crops Institute, Fargo, ND

April 22-25, 2024: USDA Under Secretary Taylor to Lead Agribusiness Trade Mission to India, US Department of Agriculture, India

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