“With 96% of the world’s population and 80% of the world’s wealth being outside of the United States, the international market opportunities for agricultural products are great.”-Idaho Department of Agriculture
According to the Idaho Department of Agriculture, farm exports are up 15% compared to 2011, and 2011 was a record setting year!
“Canada and Mexico are Idaho’s largest agricultural export markets, with Japan and China following closely behind.”-Idaho Department of Agriculture
South Korea has also become a top importer of Idaho ag products, seeing a 98% increase since 2011!
Dairy has become Idaho’s number one ag product, making up 35% of Idaho’s exports! Compared to other U.S. states, Idaho’s exports rank 3rd for vegetables and 4th for dairy products (2011 stats).
For the first six months of 2012, total ag exports hit $2.7 billion USD for Idaho! State officials thank currency exchange rates, strong commodity markets, trade agreements and growing international consumer demand.
It also doesn’t hurt that Idaho’s agricultural industry produces far more than what the state’s population of 1.5 million people can eat.
Unfortunately most of the employees of the Idaho ag industry are migrants. Idaho employment laws allows farm workers to be paid less than minimum wage.