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.
With the largest number of biotech companies in Europe, world-class research infrastructure and internationally renowned scientists, Germany has established itself as an international biotechnology hub.
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.
Removing the UAE from the U.S. Trade Representative’s annual watch list signifies it has set tighter protections for patents, trademarks and copyrights, which could open the door for more export opportunities.
Wisconsin exporters with expertise in dairy farming equipment, dairy processing machinery and irrigation systems may find export opportunities as Australian dairy farmers invest in their operations.