I want to welcome you to this page. Today, we shall discuss some countries that are currently looking for your products. Kindly feel relax while I show you tips to sell to foreign markets.
Top potential markets identified so far this Year include:
India is the largest global importer of dry beans. With over 40 million USD imports in 2017 their total import share is almost 53%. The market is still growing very fast, as import value grew with +50% on average per year during 2013-2017.
Brazil is currently the main supplier, holding almost 80% market share in India. Madagascar holds around 10% share in the Indian market.
Other destinations are way smaller in import values, but average growth rates are very positive.
Turkey and UAE imported over 4 million USD together in 2017. Their average annual growth rates are promising. These two countries are both mainly supplied by Madagascar and Peru currently.
United Kingdom imported close to 3 million USD of dry beans in 2017. The yearly growth rate of +42% (during 2013-2017) is very promising.
Germany is one of the main suppliers as re-exporting country to the U.K. currently.
Canada is not importing huge amounts yet (776,000 USD in 2017) but there is an upward trend. It might be interesting to explore opportunities for direct trade to the Canadian market therefore as well.
So, this is how far we go today.
Another topic of interest shall be discussed later...
Thanks for your time...
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