The North Dakota Trade Office’s (NDTO) Export Assistant Program has been creating success stories since 2006. The program identifies, screens and places talented graduate students within North Dakota businesses looking to expand their global business opportunities. Students typically speak multiple languages and come equipped with relevant business experience. Students past and present, including Vanessa from Zimbabwe, Franco from Chile, and Nadia from Russia have found success with the program as they launch careers in international business.
Stone Mill of Richardton is an illustration of North Dakota industriousness and grit. The company has overcome multiple barriers over their nearly four-decade history and has now positioned themselves for their best years yet. Stone Mill is family owned and operated by the Hoffs and Dresslers, and processes organic and conventional flax, garbanzo beans, lentils, quinoa and radish seed.
It’s getting harder to get a decent meal around here. Food security worldwide has dropped for the first time in five years according to the Economic Intelligence Unit’s annual Global Food Security Index. At play is the growing number of refugees, extreme weather, political instability and a change to the measurement criteria. While Ireland came in first, other countries such as the U.S. and nearly all of Africa experienced a drop in their score.
The State of North Dakota has been awarded a $228,225 grant through the U.S. Small Business Administration’s (SBA) competitive State Trade Expansion Program (STEP), which supports export growth among U.S. small businesses. The North Dakota Trade Office (NDTO) will administer the program for North Dakota applicants.
North Dakota hosted over 75 international visitors from 15 countries as part of the Big Iron International Visitors Program, the portion of the Big Iron Farm Show connecting international equipment buyers with North Dakota businesses. The International Visitors Program (IVP) was held Sept. 11-14 and is organized by the North Dakota Trade Office (NDTO) in cooperation with the U.S. Commercial Service.
Participants in the Trans-Pacific Partnership (TPP) are moving forward after a stall caused by the U.S.’s withdrawal from the trade agreement in January. Representatives from the 11 participating countries met in Sydney, Australia last week to renew negotiations. While the U.S. is not engaged, its wishes are still being considered.
Commercial drones can only go up from here. The Federal Aviation Administration (FAA) has estimated that over a five-year period, U.S. commercial drone numbers will grow tenfold from 42,000 in 2016 to 442,000 in 2021 as start-ups and corporations recognize myriad uses for commercial drones. While the FAA works to determine drone regulations, their global use has sped ahead. Goldman Sachs Research has estimated a $100 billion market for drones from 2016-2020, spurred by commercial and civil government use. Here are four unique uses for drones happening right now.
Titan Machinery’s export program is an example of success achieved from hard work and patience. The Titan Outlet Store, the company’s used machinery outlet, has found success in Latin America, eastern Europe, Asia and Africa as a result of painstaking attention to detail and team efforts. As an NDTO member, Titan Machinery gave us an inside look at how they find markets for used equipment in the CNHi family of brands – including Case IH, Case Construction, New Holland Agriculture and New Holland Construction.
A large delegation representing eight Peruvian companies is touring North Dakota this week as part of a reverse trade mission organized by the North Dakota Trade Office (NDTO) and BusinessHub, a boutique consulting agency headquartered in Santiago, Chile with an office in Lima, Peru. The reverse trade mission focuses on specialty crops and builds upon the relationships developed during the Peru-North Dakota ‘Better for You Food Ingredients’ Conference & Exhibition held in Lima in April 2017. In addition, the USDA’s Foreign Agricultural Service (FAS) office in Lima assisted with the mission.
The U.S. has exported very little to North Korea this year, although that hasn’t always been the case. Tensions are reaching new heights, but U.S. exporters are still allowed to export to North Korea as long as the customer is not a person on the Specially Designated Nationals and Blocked Persons List, nor a member of the Government of North Korea or Workers’ Party of Korea. Exporters must also receive a license from the Bureau of Industry and Security. However, with such an isolated and restrictive government, the export market for North Korea is scarce and this year it’s dwindled to a trickle.