MARKET DATA
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Africa and the Middle East
Asia
Australia and New Zealand
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Supply chain challenges continue in Southeast Asia
Southeast Asian countries are seeking alternative suppliers and Wisconsin companies may be able to fill some of the gaps.
September 1, 2022
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Regions:
Asia, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam |
Industries:
Agriculture / Timber, Aviation / Aerospace, Energy, Power and Control, Food and Beverage, Manufacturing, Multiple Sectors, Other
South Korea rockets into the space industry
After successfully launching its domestically produced Nuri rocket, South Korea plans to boost investments in the space industry, and Wisconsin companies could provide components to fuel that growth.
Understanding Japan’s banking and health care systems
Wisconsin companies with health care technology may find opportunities in Japan.
Indonesia wants to transform manufacturing with disruptive technologies
Wisconsin manufacturers could provide digital solutions as well as more traditional electrical equipment and pharmaceutical products to potential partners in the market.
Cheese pleases more Chinese palates
Wisconsin is a top producer of cheese and other dairy products and could tap into the growing dairy market in China.
China’s auto parts industry grows, in spite of pandemic setbacks
Vehicle and parts exporters may want to consider market opportunities in China.
India’s factories work toward Industry 4.0
Wisconsin companies are strong in automation and Industry 4.0 technologies, and could find market opportunities in India.
May 1, 2022
|
Regions:
Asia, India |
Industries:
Aviation / Aerospace, Biosciences / Medical Devices, Food and Beverage, Manufacturing, Multiple Sectors
South Koreans crave whiskey, wine and vegan meals
Demand for vegan foods in South Korea has jumped, as more young people express their environmental concerns through their culinary choices, opening the door to Wisconsin’s vegan food producers.
Demand for high-end medical devices is on the rise in China
China’s aging population and the government’s focus on improving its citizens’ health are expected to heighten the need from medical device manufacturers, including those in Wisconsin.
Japan’s government promotes technology in health care
Wisconsin companies with health care technology may find opportunities in Japan.
Demand grows for Industry 4.0 in Southeast Asia
Wisconsin companies are at the forefront of advanced manufacturing systems, and the state’s education system is known for workforce training in engineering, manufacturing and the Internet of Things.
India revamps tariff rates to encourage domestic manufacturing
Wisconsin exporters should be aware of changes that may affect their future dealings with customers in India.
South Koreans are drinking more imported wine than ever—at home
Both wine and whiskey sales are on the rise, so Wisconsin wineries and distilleries may want to consider exporting their products to South Korea.
Japan steps up efforts for renewable power
A big investment in renewable power opens the door to companies with clean energy solutions.
January 1, 2022
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Regions:
Asia, Japan |
Industries:
Energy, Power and Control, Manufacturing, Other, Water / Clean Technology
China adds new free trade zones
China is expected to set up more free trade zones, providing significant opportunities and benefits to foreign enterprises in the Chinese market.
China strengthens intellectual property protection
Chinese officials lay out plans for improving intellectual property rights over the next 15 years.
Vietnam moves to clean up its wastewater
Water and wastewater technology represent a key sector for the state of Wisconsin. Milwaukee, home to the Global Water Center, is a mecca for water-related business and research.
December 1, 2021
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Regions:
Asia, Vietnam |
Industries:
Agriculture / Timber, Food and Beverage, Water / Clean Technology
Government calls for “common prosperity” raise concerns about China’s luxury purchases
Wisconsin companies exporting luxury items could eventually see a broader market from Chinese consumers, the Chinese government says.
South Korea’s appetite grows for edible insects
The edible insect market in Korea has been steadily growing and there may be market opportunities for Wisconsin companies.
November 1, 2021
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Regions:
Asia, South Korea |
Industries:
Agriculture / Timber, Food and Beverage, Other
China’s thriving pet food market brings future opportunities
With China’s increasing demand for pet food, consumers could welcome products from Wisconsin’s high-quality pet food companies.
U.S. agricultural exports to China expected to grow
A closer agricultural trade relationship between the U.S. and China will benefit both countries. Wisconsin, as one of the largest agricultural states, can take the lead and explore opportunities in exporting agricultural products to China.
Opportunities abound for exporting agricultural machinery to Thailand
Industrial machinery, including farm equipment, has long been Wisconsin’s top export product category. Wisconsin was ranked 11th among the 50 states in the first quarter of 2021 for industrial machinery exports.
June 1, 2021
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Regions:
Asia, Thailand |
Industries:
Agriculture / Timber, Energy, Power and Control, Manufacturing, Other
Smart home market continues to boom in China
The whole industrial chain of smart home products can benefit from the growing adoption of this technology worldwide, particularly in China.
India’s wood industry slows due to the pandemic
Wisconsin’s forest products industry could benefit from increased imports of wood to India.
Pandemic sways South Korean consumers toward dairy products
South Koreans are highly influenced by trends and a taste for Western consumer goods, and their increasing interest in imported dairy products could open opportunities for Wisconsin cheese producers.
Untapped potential in China's water purifier market
Concern is growing among Chinese consumers about safe and healthy drinking water, but penetration of these devices and systems is still low.
Philippines begins major infrastructure investments
Overseas firms can participate in the upgrades being planned for airports, roads, rail, bridges and more.
China embarks on net-zero carbon emissions initiative
To achieve the goal of carbon neutrality by 2060, China will need cooperation and contributions from exporters of renewable and sustainable technologies.
Opportunities to meet South Korea's higher education needs
South Korean students often travel abroad for English-language immersion experiences, and Wisconsin's renowned institutions of higher education may appeal to Korean students in a broad range of fields.
India launches new national education policy
Changes to post-secondary education will facilitate international collaboration and make it easier for Indian students to undertake graduate work in the U.S.
Approaching midlife, China's millennials spend freely on health care products
These consumers vastly prefer imports to domestically made products.
Pandemic sways South Korean consumers toward dairy products
South Koreans are highly influenced by trends and a taste for Western consumer goods, and their increasing interest in imported dairy products could open opportunities for Wisconsin cheese producers.
February 1, 2021
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Regions:
Asia, South Korea |
Industries:
Agriculture / Timber, Food and Beverage, Manufacturing
Japan's medical device industry
As in many markets around the world, Japan's market is growing with an aging population, and opportunities also exist to provide scarce personal protective equipment as the pandemic continues.
After a bumpy ride, U.S.-China trade relations show signs of smoothing
Chinese officials and scholars are predicting an easing of trade restrictions.
Opportunities in Thailand's medical device market
With just 1.6% of Wisconsin's medical device exports going to Thailand, there is ample room for growth.
China's booming luxury goods market
Purchases by Chinese consumers constitute more than one-quarter of all purchases worldwide in this category.
Traveling to South Korea during the pandemic
Travel for urgent business needs is still possible with an Isolation Exemption Certificate and an invitation from a South Korean company.
The rise of digital health care in India
Demand for health care services is growing due to increasing health insurance coverage and longer life expectancy.
E-commerce livestreams gain popularity in China
Foreign brands, especially those in the consumer goods category, should be aware of this trend when entering the Chinese market.
Japanese consumer demand boosts popularity of foreign foods
This trend creates opportunities for Wisconsin food exporters, since U.S. products are highly regarded in the market.
China's growing plant-based meat market
Products that focus on appealing taste and texture are outselling products that focus mainly on nutritional value.
Agricultural technology opportunities in Singapore
The island nation is seeking to grow more of its own food domestically, and Wisconsin companies can aid in the transition.
Chinese consumers boost online retail purchases
International sales on Chinese e-commerce platforms are growing rapidly, creating opportunities for Wisconsin companies.
Pandemic accelerates South Korea's digital transformation
Opportunities for Wisconsin companies to participate in implementing the Digital New Deal, Green New Deal and Employment Safety Net enhancement
August 1, 2020
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Regions:
Asia, South Korea |
Industries:
Energy, Power and Control, Other, Water / Clean Technology
China plans buildout of electric vehicle charging infrastructure
The New Infrastructure Strategy calls for adding tens of millions of new charging stations by 2030.
August 1, 2020
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Regions:
Asia, China |
Industries:
Energy, Power and Control, Other, Water / Clean Technology
Japan moves to make energy supply more sustainable
Wisconsin companies can help with the shift from nuclear and coal-powered to renewable sources.
July 1, 2020
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Regions:
Asia, Japan |
Industries:
Energy, Power and Control, Water / Clean Technology
China International Import Expo focuses highlights opportunities in the Chinese market
Virtual components and a year-round trade hub complement the exhibition's efforts to boost international trade.
Vietnam lowers tariffs on dairy imports
Combined with rising demand, the policy change creates strong opportunities for Wisconsin exporters of dairy products.
China announces plan for construction of Hainan Free Trade Port
With liberalized trade, investment and visa policies, the port offers opportunities for Wisconsin companies.
Social distancing spurs technological innovation in South Korea
Virtual education, e-commerce, delivery, gaming, customer service and telemedicine are among the industries affected.
May 1, 2020
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Regions:
Asia, South Korea |
Industries:
Biosciences / Medical Devices, Multiple Sectors, Other
Strong demand for food processing equipment in India
This major food-producing country is heavily dependent on imported equipment.
Increasing use of technology in Japan's agriculture sector
An aging agricultural labor force is among the factors driving the need for high-tech solutions.
Chinese government acts to boost domestic consumption
As policies are enacted to stabilize the economy after the pandemic's onset, consumption will in turn boost demand for imports.
Companies looking to diversify their supply base in Asia should look to Singapore, Indonesia
Both markets can serve as a gateway into Southeast Asia for Wisconsin companies.
China adopts additional economic opening measures in light of pandemic impact
The government is increasing market access for foreign capital and supporting increased imports, among other measures.
March 1, 2020
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Regions:
Asia, China |
Industries:
Agriculture / Timber, Food and Beverage, Manufacturing, Multiple Sectors, Other
Increasing adoption of artificial intelligence in South Korea
The South Korean government announced it will spend $21.7 million on the discovery and development of innovative medicine using this technology.
February 1, 2020
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Regions:
Asia, South Korea |
Industries:
Biosciences / Medical Devices, Multiple Sectors, Other
Pandemic drives shift to e-commerce in China
Along with the decline of in-person services come opportunities in areas including online shopping, online education and telehealth.
February 1, 2020
|
Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Food and Beverage, Multiple Sectors, Other
Strong demand for health tech imports in Japan
Wisconsin companies are recommended to work with a local partner when entering the market.
U.S., China reach agreement on intellectual property protections
Under the new trade deal, both sides agreed to purchase specific types of goods from one another over the next two years.
January 1, 2020
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Regions:
Asia, China |
Industries:
Agriculture / Timber, Food and Beverage, Multiple Sectors, Other
Strong demand for halal products in Indonesia and Malaysia
Both markets rely on imports to meet demand.
December 1, 2019
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Regions:
Asia, Indonesia, Malaysia |
Industries:
Biosciences / Medical Devices, Food and Beverage, Other
India's manufacturing sector continues to grow
Wisconsin companies can help supply Indian manufacturers with machinery and technologies
China moves to cut tariffs
The changes apply to more than 850 product categories.
South Korean companies seek collaboration opportunities
Companies in the automotive, telecommunications and pharmaceutical industries are broadening their focus across multiple industries and seeking opportunities for cross-sector collaboration.
November 1, 2019
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Regions:
Asia, South Korea |
Industries:
Biosciences / Medical Devices, Food and Beverage, Multiple Sectors, Other
India's medical device market
It is already the fourth-largest medical device market in Asia, and is growing at a rate of 28% annually.
China poised to overtake U.S. as biggest retail market
China's 2019 retail sales are estimated at $5.6 trillion, versus $5.5 trillion for the U.S.
China and U.S. reach consensus on imports and exports of poultry
China also made recent moves to better protect intellectual property.
October 1, 2019
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Regions:
Asia, China |
Industries:
Agriculture / Timber, Food and Beverage, Multiple Sectors, Other
Japan seeks to double inbound FDI
The Japanese government is implementing new measures to support foreign companies considering investing in Japan.
India focuses on growing its digital economy
A government focus on expanding digital infrastructure and digital empowerment of citizens creates opportunities for Wisconsin companies.
Demand for plastic packaging in ASEAN region
Bags, pouches and spill-proof packaging, as well as on-the-go personalized packs, are all especially in demand.
September 1, 2019
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Regions:
Asia, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam |
Industries:
Manufacturing, Other
China hosts World Manufacturing Convention
The convention highlighted China's hubs for machinery, aviation, biomedical and advanced materials manufacturing.
September 1, 2019
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Regions:
Asia, China |
Industries:
Aviation / Aerospace, Biosciences / Medical Devices, Energy, Power and Control, Manufacturing, Other
South Korea sees rising demand for foods to fight aging
Supplements and food ingredients that target eye health, joint health and menopause are in particular demand.
Center for artificial intelligence and digital economy established in Shenzhen
The center is part of the Qianhai special economic zone in Guangdong Province.
Opportunities in Japan's aerospace and aviation sector
Civil aircraft, defense and space-related projects all pose opportunities for Wisconsin companies.
China's Jiangsu Province focuses on FDI
Biotech and pharmaceuticals, information technology and energy technologies are particular areas of focus.
July 1, 2019
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Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Energy, Power and Control, Multiple Sectors
Key insights for exporting to Japan
With a growing and diversified economy, Japan offers excellent opportunities for companies looking to grow globally. Learn more about exporting to Japan from WEDC’s international business development team.
China's pilot free trade zones deliver results
China is also expected to release revised negative lists that will expand the fields open to overseas investment.
ASEAN positions itself as a hub for manufacturing investment
Imports of industrial machinery are rising along with this trend.
June 1, 2019
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Regions:
Asia, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam |
Industries:
Energy, Power and Control, Manufacturing, Other
South Korea leverages big data for health care advancements
Wisconsin companies can get involved in plans to use artificial intelligence and data analysis to better understand rare diseases.
Electrical equipment imports needed to support power sector growth in India
The country is already the world's third-largest consumer of electricity, and is adding capacity under the "Power for All" initiative.
China announces new tariffs and criteria for exclusion
The tariffs are scheduled to take effect June 1.
Opportunities in Japan's water technology sector
Wisconsin companies in water technology can connect with Japanese companies at an upcoming trade show.
China announces changes to ease import/export and foreign direct investment
These include efforts to attract specific types of FDI and enhanced technology for customs.
Rapid growth in India's plastics industry
The industry supports several other key sectors, including automotive, construction, consumer goods electronics and health care.
Vietnamese aviation market takes off
It ranks as the seventh-fastest-growing aviation market in the world, creating opportunities for Wisconsin companies to provide parts, supplies and services for infrastructure construction and upgrades, air traffic enhancements, maintenance and repair operations, and capacity building.
India rises in Ease of Doing Business rankings
Coupled with rapid economic growth, these reforms are raising the country's profile as an economic powerhouse.
China drafts law to improve intellectual property protections
Premier Li Keqiang also announced measures to further open the economy to foreign investment.
Trends in South Korea's retail sector
Wisconsin companies wishing to enter the market must understand cultural norms and consumer preferences.
India's imports of chemicals on the rise
The industry's rapid growth presents opportunities for Wisconsin companies.
Chinese government announces annual policy priorities
Priorities include eradicating poverty and diversifying imports.
Opportunities in Japan's food and beverage market
By understanding current trends, Wisconsin companies can meet the needs of Japanese consumers.
India mounts major push for road construction
The government aims to add 200,000 more kilometers over the next five years, as well as restoring or replacing 147 bridges.
U.S.-China talks represent "important progress"
The talks addressed the trade balance, trade barriers, agricultural trade, intellectual property and technology transfer, among other issues.
Key insights from the China International Import Expo
As part of the country's effort to open its economy, the Chinese government held the China International Import Expo in November 2018, its first expo dedicated to promoting imports into the country.
Water technology needs in the Philippines
Access to clean water and sanitation is still varied among the country's many island economies, and overall strong economic growth is driving rapid development.
India's food processing sector holds promise
Wisconsin suppliers of food processing equipment, as well as providers of production, processing, packaging, technology, storage, logistics and retail, will find opportunities in the market.
China and U.S. reach deal to halt further tariff escalations
China also made a major purchase of U.S. soybeans—a positive sign in a market that had been disrupted for several months.
Trends in South Korea's food retail market
Growth is being driven by increased sales by online retailers and convenience stores.
India aims to provide "Power for All"
India is already the world's third-largest producer of electricity, and will need to increase production—and rely heavily on renewable energy—to achieve the goal of providing 24/7 power for all homes, factories, businesses and agricultural operations within one year.
November 1, 2018
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Regions:
Asia, India |
Industries:
Energy, Power and Control, Water / Clean Technology
Success of China International Import Expo helps to ease trade tensions with U.S.
The event, intended to be held annually, drew nearly 180 U.S. companies, including a delegation from Wisconsin.
India prepares to expand and upgrade its extensive rail network
Indian Railways is the fourth-largest railway system and the seventh-largest employer in the world, and will see a projected $131 billion in investment in the next five years.
Against weakening yuan, Chinese auto parts suppliers post growth
China also warned the U.S. after new restrictions were imposed on semiconductor imports.
Amid tensions with China, Wisconsin exporters can look to Southeast Asia
These stable and growing markets are eager for U.S. exports.
India's fast-growing medical device market
The sector is experiencing double-digit growth that is expected to continue for at least the next five years.
China streamlines customs procedures
The reduction in red tape is expected to reduce processing times by one-third.
South Korea's growing appetite for food imports
In particular, South Korean consumers are interested in dairy products and baked goods from abroad.
India's special economic zones boost foreign investment
With more liberal regulations than the rest of the country, these zones were created by the Indian government to attract investment and promote export-led growth.
Impact of China trade tensions hits ginseng, kidney bean, dairy producers
China's demand for imported food is increasing, and there is hope that tensions can be resolved so U.S. exports can help meet this demand.
Japan seeks to increase agricultural production
The country is seeking to become more self-sufficient in its food supply, and Wisconsin firms can provide the agricultural technology to help.
India's logistics sector presents opportunities for growth
The Indian government is focusing on developing logistics and transportation and is seeking increased international investment.
Changes to trade policy impact China's imports of cars, soybeans
The situation is complicated, and one new measure being considered could improve the investment climate.
Thailand bolsters growth in domestic auto production
Wisconsin auto parts suppliers can serve the large and growing market, which is shifting its focus to green automotive production.
India's fast-growing forest products sector
To encourage domestic product, 100 percent foreign direct investment is allowed under the automatic route; India currently imports paper from the U.S. and Europe as well as the UAE and Singapore.
Tariffs cause tensions in U.S.-China trade
The dialogue is remaining positive, with negotiations still under way and hopes expressed that a win-win solution can be reached.
Health care market responds to rising incidence of dementia in South Korea
Approximately 10 percent of South Korea's growing elderly population is living with dementia.
India's fitness industry primed for significant growth
With a growing consumer appetite for fitness, the sector is growing at 20 to 30 percent per year.
China and U.S. agree on 100-day plan
The plan includes several measures to improve the trade and economic relationship between the two countries.
China enacts policies to further open its economy
China's trade surplus with the U.S. is narrowing, and along with it, opportunities are rising for Wisconsin companies to export to China.
April 1, 2018
|
Regions:
Asia, China |
Industries:
Aviation / Aerospace, Biosciences / Medical Devices, Multiple Sectors
Japan seeks to more than double its renewable energy production
The country has become dependent on imports of fossil fuels since reducing its nuclear capacity in the wake of the Fukushima disaster.
April 1, 2018
|
Regions:
Asia, Japan |
Industries:
Energy, Power and Control, Water / Clean Technology
Waste management solutions sought across India
Less than 20 percent of residential wastewater and less than 60 percent of industrial wastewater is currently treated.
India's Smart Cities initiative offers investment opportunities
Sectors of opportunity include energy, water, waste and transportation.
March 1, 2018
|
Regions:
Asia, India |
Industries:
Multiple Sectors, Other, Water / Clean Technology
Consequences of U.S. tariffs for trade with China
China's retaliatory tariffs will affect several important categories of Wisconsin exports.
March 1, 2018
|
Regions:
Asia, China |
Industries:
Agriculture / Timber, Energy, Power and Control, Food and Beverage, Manufacturing
Manufacturing shifts from China to Vietnam
This trend is especially prominent in electronics manufacturing.
South Korean medical devices incorporate big data, AI
Wisconsin biotech companies with advanced technologies should consider partnering with South Korean companies.
Rapid growth in India's health care sector
The government has lifted restrictions on foreign direct investment in several key areas to help the sector grow to meet the needs of India's population.
As consumption quantity increases, China moves to increase quality as well
A new government report emphasizes the importance of growth in innovative, high-tech products.
February 1, 2018
|
Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Energy, Power and Control, Manufacturing, Other, Water / Clean Technology
Japanese food and beverage market relies on imports
Opportunities about for Wisconsin companies, as long as they keep in mind consumer trends in the market.
India implements reforms to improve ease of doing business
The reforms are already working to increase foreign direct investment.
Chinese companies shine at consumer electronics show
China's strength in the high-tech segment is still developing, and Wisconsin companies can help companies take products from concept to market.
January 1, 2018
|
Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Energy, Power and Control, Manufacturing, Other, Water / Clean Technology
Demand runs high in India's materials handling industry
Wisconsin suppliers of equipment such as cranes and forklifts will find ample opportunities as the industry continues to grow.
China reduces import tariffs and export duties on certain items
Although China's trading partners remain concerned about excess steel capacity, the reduced tariffs and duties generally indicate a trend of openness and cooperation.
Southeast Asia's emerging aerospace sector
Low-cost carriers in particular are growing rapidly, and will have a need for aircraft, parts and MRO services.
December 1, 2017
|
Regions:
Asia, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam |
Industries:
Aviation / Aerospace
South Korean consumers turn to tea
The market has grown 71 percent in seven years, with particular growth in premium teas.
India: the world's fifth-largest packaging industry
The industry continues to grow rapidly, driven primarily by pharmaceuticals, foods and beverages, and provides opportunities for Wisconsin companies.
November 1, 2017
|
Regions:
Asia, India |
Industries:
Biosciences / Medical Devices, Food and Beverage, Manufacturing, Other
China and U.S. sign new two-way investment agreements worth more than $250 billion
The agreements, which cover aircraft, automobiles, soybeans, liquefied natural gas and more, dispel fears of a trade war.
China announces priorities for the next half-century
President Xi Jinping outlined plans to focus on sustainability and environmental protection, reducing dependence on exporting, and taking a leadership role on the world stage.
Rising demand for medical device imports in Japan
With an aging population, Japan is looking to technology to help stem the increase in health care costs, and Wisconsin companies can supply some of these innovative devices.
India and U.S. collaborate to expand renewable energy grid
A November workshop explored how both India and the U.S. will increase generating capacity and expand their grid.
October 1, 2017
|
Regions:
Asia, India |
Industries:
Energy, Power and Control, Water / Clean Technology
India's fast-growing restaurant industry
100 percent foreign direct investment is allowed, with both the quick service and fine dining segments presenting opportunities.
Tensions rise in U.S.-China trade relations
Actions by the administration and U.S. trade bodies prompted retaliatory measures from China.
Malaysia: An up and coming retail market
Fast-moving consumer goods companies should take a serious look at this market, which is ranked third in the world according to the Global Retail Development Index.
India adopts new rules for foreign investment in the defense sector
India imports 90 percent of its weapons and military equipment, and recently created a new framework for foreign companies to partner with Indian firms.
China's strengthening yuan
The currency's strong performance relative to the dollar means China's demand for U.S. imports is likely to increase.
August 1, 2017
|
Regions:
Asia, China |
Industries:
Agriculture / Timber, Food and Beverage, Multiple Sectors
Food safety concerns drive South Korean consumers to look to imports
After scandals involving bird flu, pesticide, and Hepatitis E contamination, South Korea is increasingly looking to imported sources of eggs and sausage.
China targets services, agriculture, high-tech for increased trade with U.S.
The three sectors were identified in a Comprehensive Economic Dialogue recently held in Washington.
July 1, 2017
|
Regions:
Asia, China |
Industries:
Agriculture / Timber, Food and Beverage, Multiple Sectors
India's machine tool industry is poised for rapid growth
Opportunities for Wisconsin companies to contribute to the growth of India's machine tool industry
Japan develops advanced machinery for forestry
With an aging population and declining interest in forestry among younger workers, Japan has an urgent need to automate its forestry work, and Wisconsin can help supply technology and expertise.
New progress in India-U.S. collaboration
Despite tensions, a June meeting between President Trump and Prime Minister Modi led to agreements in areas including trade and investment, defense, immigration, energy, entrepreneurship and fighting terrorism.
China further relaxes restrictions on foreign investment
Affected sectors include mining, manufacturing, transportation, commercial services, finance, scientific research and culture.
June 1, 2017
|
Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Manufacturing, Multiple Sectors
ASEAN prepares to invest $110 billion in infrastructure
Opportunities for Wisconsin companies to assist with developing transportation, electricity, telecommunications, water and sanitation infrastructure
June 1, 2017
|
Regions:
Asia, Indonesia, Malaysia, Singapore, Thailand, Vietnam |
Industries:
Energy, Power and Control, Manufacturing, Other
Key insights for exporting to Japan
Japan was the fourth-largest export market for Wisconsin goods in 2016. As a growing economy and a diversified market, Japan offers excellent opportunities for companies looking to grow globally. The Wisconsin Economic Development Corporation’s (WEDC’s) Market Development Director, Khay Khong, shares insight into the export process.
South Korean consumers seek air pollution solutions
Air quality in South Korea has deteriorated due to a dust storm in the Gobi Desert and smog from China, creating demand for air purifiers, vacuum cleaners, dust-proof bedding and curtains, and dust masks.
May 1, 2017
|
Regions:
Asia, South Korea |
Industries:
Energy, Power and Control, Manufacturing, Other, Water / Clean Technology
China, U.S. take steps to improve trade relationship
The two countries are relaxing restrictions on trade of beef, chicken, liquefied natural gas, and financial services, among other categories.
May 1, 2017
|
Regions:
Asia, China |
Industries:
Agriculture / Timber, Biosciences / Medical Devices, Energy, Power and Control, Food and Beverage, Multiple Sectors, Other
India introduces new, streamlined tax policy
The new policy, which takes effect July 1, will eliminate taxation differences among India's states.
Japan prepares to upgrade infrastructure
Opportunities for Wisconsin companies to participate as the mountainous nation assesses the condition of its roads, bridges, tunnels and other infrastructure and prepares to make any needed repairs to ensure the infrastructure is prepared for earthquakes, volcanoes, storms and floods
China creates new economic zone with a focus on sustainable urbanization
The Xiongan New Area is located 100 kilometers southwest of Beijing.
India faces water scarcity as demand increases
Even as its population continues to increase, India is working to provide all of its inhabitants with clean drinking water and wastewater treatment.
Presidents Xi and Trump hold first meeting
The summit in Florida opened a channel of communication between the leaders of the world's two largest economies.
Demand for imported medical devices soars in ASEAN countries
Rising incomes, as well as rising health needs, are driving massive growth in the sector.
India's auto components sector courts imports, FDI
India's automotive industry is on track to become the fourth-largest globally by 2020.
China's e-commerce sector holds promise
Foreign companies are recommended to work with a Chinese operator to assist their entry into the market.
South Korea's fast-growing prepared meals market
Demographic and cultural trends have led to increased demand, and companies in the industry are working to come up with healthier options.
India boosts its aviation industry
The Indian government is focusing on opening new airports and making flying affordable for the average citizen.
Japan works to decommission nuclear reactors
Opportunities for Wisconsin companies to assist in the process
India's green building boom
Opportunities for Wisconsin suppliers of building products and services, construction, architecture, engineering, design, building materials and equipment
January 1, 2017
|
Regions:
Asia, India |
Industries:
Energy, Power and Control, Manufacturing, Other, Water / Clean Technology
China boosts investment in environmental protection
As it aims to remediate water pollution and protect its water supply, Wisconsin companies can provide expertise.
Find new export opportunities in China
With a variety of diverse markets and consumer demands, China offers excellent opportunities for companies looking to grow globally.
Indonesia's solar outlook shines bright
As the country prepares to dramatically expand its solar energy production, Wisconsin companies can contribute.
December 1, 2016
|
Regions:
Asia, Indonesia |
Industries:
Energy, Power and Control, Water / Clean Technology
India withdraws high-denomination notes from market
With an ultimate goal of reducing corruption and tax evasion, the policy change is triggering short-term disruption in an economy that is largely cash-based.
China seeks to attract more foreign investment
New, more investment-friendly policies present opportunities for Wisconsin companies.
December 1, 2016
|
Regions:
Asia, China |
Industries:
Energy, Power and Control, Multiple Sectors, Water / Clean Technology
South Korea's dairy shortage spells opportunity for Wisconsin companies
Demand for desserts is rising, while the supply of key ingredients has dropped.
Explosive growth in India's electronics industry
Local production is insufficient to meet current demand, and that gap is only expected to grow.
November 1, 2016
|
Regions:
Asia, India |
Industries:
Energy, Power and Control, Manufacturing, Other
China aims to transform its manufacturing sector
New guidelines call for a focus on industries such as information technology, advanced materials and biomedicine, as well as key upgrades to traditional manufacturing, such as smart processes, green manufacturing and safety improvements.
November 1, 2016
|
Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Energy, Power and Control, Manufacturing, Other, Water / Clean Technology
Japanese government sets targets for life sciences growth
Opportunities for Wisconsin companies in pharmacology, food science, environmental issues, regenerative medicine and more
India's aerospace industry takes off
With production costs subsidized by the government, the industry is successfully winning a large share of the satellite manufacture and launch market, representing an opportunity for Wisconsin companies in aerospace to contribute components and subsystems, designs, technology, parts and accessories.
China eases restrictions in service sector
Business-friendly changes in sectors including health care and education spell opportunity for Wisconsin companies.
October 1, 2016
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Regions:
Asia, China |
Industries:
Biosciences / Medical Devices, Food and Beverage, Multiple Sectors, Other
Agricultural Opportunities in the Philippines
Although the country's agricultural sector is developing, it cannot supply food at a rate fast enough to satisfy demand among a growing middle class.
India's Booming Health Care Industry
With growing incomes, the country will be working to bring the number of doctors and hospital beds up to global standards, and will need to rely on imports to fuel growth in many parts of the sector.
Green Finance for Green Growth in China
The Chinese government's incentives for green business will lead to growth, and Wisconsin companies seeking to do business in China should consider opportunities in this area.
South Korean Government Boosts "New Energy" Industry
The South Korean government is actively pursuing the “new energy” industry as a core innovation project for the nation’s economic growth. The government plans to reduce greenhouse gas output by 5,500 tons and to grow the new energy industry to be a $100 billion market by 2030. The Ministry of Trade, Industry and Energy launched the Energy Future Strategy Committee and announced in July that a total of $42 billion will be invested in the new energy industry by 2020. The government will focus mainly on growing eight areas: electric automobiles, the megawatt market, energy storage systems, energy independent islands, eco-friendly energy towns, zero-energy buildings, utilization of heat from wastewater from thermal power plants, and solar panel rental services.
August 1, 2016
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Regions:
Asia, South Korea |
Industries:
Energy, Power and Control, Water / Clean Technology
A Need for Recycling as India's Plastics Consumption Grows
Plastics is one of the fastest growing industries in India and is playing a vital role in the Indian economy. India is a growing market for plastics, consuming about 12.8 million metric tonnes (MMT) of plastics annually, compared to global consumption of 285 MMT annually. India has about 30,000 processing units (about 75 percent are small-scale) with 113,000 processing machines, creating an annual manufacturing capacity of 30 MMT.
China Acts to Boost Northeast Region's Economy
Northeast China, a former industrial base, has experienced more difficulties than the rest of the country in the past two years amid China’s economic slowdown. To revive the region’s flagging economy, the central government is enacting a package of new measures.
Transforming Indian Agriculture through Modernization
Agriculture is playing an important role in the growth of India’s economy. Over 58 percent of rural households depend on agriculture as their principal means of livelihood. The agriculture and allied sectors contribute 16 percent to the Indian GDP. India is the world’s largest producer of spices, pulses, milk, tea, cashews and jute, and the second largest producer of wheat, rice, fruits and vegetables, sugarcane, cotton and oilseeds.
China Relaxes Restrictions on Investment
The Chinese State Council recently moved to ease investment rules in four free trade zones (FTZs) in Shanghai, Guangdong, Tianjin and Fujian. The temporary adjustment of regulations for administrative approvals was passed, and a total of 18 rules and regulations for 51 items have been revised. Among them, more than 20 items involve changes from administrative approval to managerial registration for foreign investment in the above four FTZs. In addition, China will further open up a number of industry areas, temporarily allowing foreign investors to fund wholly owned enterprises in the fields including iron and steel production, gas station operations, shipping and automotive batteries.
Biomass Power on the Rise in Japan
Introduction of biomass power generation, with biological gas power generation as the principal method, is increasing in Japan, accompanying promotion of a feed-in tariff system by the government. Presently, it is expected that the amount of energy generated annually from biomass will increase from 17.6 billion kWh in 2013 to 49 billion kWh in 2030.
July 1, 2016
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Regions:
Asia, Japan |
Industries:
Energy, Power and Control, Water / Clean Technology
Singapore's Soaring Aviation Sector
The liberalization of the air services regime within Southeast Asia’s common market is leading to a proliferation of low-cost carriers, allowing many people to fly for the first time. Singapore’s Changi Airport is an increasingly important hub for air travel within Asia; its growth by the end of the next decade is projected to double to 135 million passengers per year. The aviation sector is expected to contribute $65 billion to Singapore’s GDP by 2035.
Expansion Planned at South Korea's Gimhae Airport
The Ministry of Land, Infrastructure and Transport (MOLIT) of South Korea recently announced a plan to expand the Gimhae airport, located in the southern part of the country, to be more competitive as an international airport.
The Growth of Japan's Marine Leisure Market
Japan is a maritime nation flush with scenic coastlines and thus demand for pleasure boats.
Waste-to-Energy Technologies Hold Promise in India
India produces around 62 million metric tons (MMT) of solid waste every year, out of which 7.9 MMT is hazardous waste, 5.6 MMT is plastic waste, 1.5 MMT is e-waste, 0.17 MMT is biomedical waste and the balance of 46.83 MMT is contributed by various other types of waste.
June 1, 2016
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Regions:
Asia, India |
Industries:
Energy, Power and Control, Water / Clean Technology
Demand for Hardwoods Rises in China
The value of U.S. hardwood exports to China has been on the rise during the first several months of 2016.
South Korea Plans New Intelligence Information Research Institute
The Ministry of Science, ICT and Future Planning of South Korea recently announced a plan to establish strategies for the development of the intelligence information industry and invest one billion dollars in fostering the specialist labor force and data infrastructure for the next five years. The intelligence information affected includes artificial intelligence, the Internet of Things (IoT), the cloud, and big data. The government plans to enhance the artificial intelligence technology that is currently lagging behind that of other developed countries.
Bicycle Ownership Set to Overtake Cars in Japan
Based on the Japanese attitude favoring healthy living and environmental awareness, as well as the events of the 2011 Japan earthquake, awareness of cycling as an effective means of transport is growing. More people are using bicycles, and the number of bicycles owned in Japan is on the rise. That total was 71.9 million in 2014, a number approaching that for automobile ownership, which sits at 76.7 million.
May 1, 2016
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Regions:
Asia, Japan |
Industries:
Energy, Power and Control, Other, Water / Clean Technology
Indonesia Ramps Up Paper Production
Indonesia is the world's ninth-largest paper producer, with the top three being China, the U.S. and Japan. Every year, Indonesia produces around 10 million tons of paper, much of it designated for exports. The Indonesian government aims to rise in the rankings from the ninth-largest paper producer to the sixth-largest, and from the sixth-largest pulp producer to the third.
India's Growing Construction Market
India’s construction sector is one of the fastest-growing in the world. The sector contributes nearly 7 percent to India's GDP, and is expected to emerge as the third-largest in the world by 2025, which creates a huge demand for construction equipment in the coming years. The construction equipment industry’s revenue is valued at $6.5 billion, and is expected to reach $15 billion by 2020.
China Supports Agricultural Modernization
Ten Chinese ministries including the National Development and Reform Commission, the Ministry of Finance, the Ministry of Environment Protection and the Ministry of Commerce recently issued joint guidelines on promoting green consumption, aiming to encourage green consumption, protect the environment and boost sustainable development.
May 1, 2016
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Regions:
Asia, China |
Industries:
Agriculture / Timber, Food and Beverage, Manufacturing, Multiple Sectors
Public and Private Support Align to Grow South Korea's Water Sector
The South Korean government is focusing on developing the country’s water sector, with support for this development coming from the chemicals sector. The water purification subsector is growing especially fast, with support from both the government and the chemicals sector.
Opportunities in Singapore's Bioscience Sector
Singapore has built world-class infrastructure for bioscience research and development (R&D) and manufacturing, and has attracted and developed skilled talent for basic as well as translational research. Over the last 15 years, the sector has managed to attract R&D partnerships from major global players in the pharmaceutical and medical device segments. Today, the bioscience sector accounts for $1.1 billion in R&D expenditure and $225 billion in manufacturing outp
Japanese Government Sets GDP Growth Goal
The Japanese government has announced a goal of boosting the country’s GDP by 20 percent to $5.6 trillion by 2020. The government pledges to devote effort to developing an environment that promotes investment by lowering the effective corporate tax rates.
India's Quest to Become a Manufacturing Powerhouse
Aiming to gain global recognition, India’s government has launched the “Make in India” initiative to promote India as a manufacturing hub. India ranks sixth among the world’s top manufacturing countries, with China topping the list, followed by the U.S., Japan, Germany and Korea.
Opportunities in South Korea's Packaging Market
South Korea’s packaging industry has been growing significantly, and is expected to grow further based on advanced technologies and materials. Compared to the sales of global packaging market, which is forecast to reach $82 billion by 2016 and has a 3 percent growth rate, the South Korean packaging market is growing at double the pace. The size of South Korea’s packaging machine industry reached $742 million in 2013 from $675 million in 2012, which is a 10 percent year-over-year increase. With this growth, a packaging market that used to be regarded as supplier-oriented is transforming into a consumer-oriented market, and a range of delicate new packaging types addressing consumer safety, convenience and environmental concerns have been introduced to the market.
China Boosts Support for Green Building and Consumption
Ten Chinese ministries including the National Development and Reform Commission, the Ministry of Finance, the Ministry of Environment Protection and the Ministry of Commerce recently issued joint guidelines on promoting green consumption, aiming to encourage green consumption, protect the environment and boost sustainable development.
March 1, 2016
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Regions:
Asia, China |
Industries:
Energy, Power and Control, Manufacturing, Multiple Sectors, Water / Clean Technology
Highlights of India's 2016-17 Budget
India’s finance minister unveiled the national budget for fiscal year 2016-17 last month, calling for total expenditures of $295 billion—$82 billion in planned expenditures and $213 billion in unplanned expenditures. Find key highlights in this post.
March 1, 2016
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Regions:
Asia, India |
Industries:
Aviation / Aerospace, Energy, Power and Control, Food and Beverage, Multiple Sectors, Water / Clean Technology
Demand for Natural Leather Rising in Japan
Lately, global demand for natural leather has been growing faster than supply. A key driver is increasing demand in China for natural leather, as a result of the Chinese economy’s growth. In this context, makers of custom-made shoes (“bespoke shoes”) using natural leather are becoming more numerous in Japan. While the number of shoe craftsmen in Europe is decreasing, the number of young people in Japan who take up shoe craftsmanship is increasing.
February 1, 2016
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Regions:
Asia, Japan |
Industries:
Energy, Power and Control, Water / Clean Technology
February 1, 2016
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Regions:
Asia, Indonesia |
Industries:
Biosciences / Medical Devices, Manufacturing, Multiple Sectors