The United States aims to boost its agricultural exports by targeting the Moroccan market.
United States Secretary of Agriculture Tom Vilsack today announced an ambitious initiative to increase American agricultural exports by exploring new markets, including Morocco. The decision comes as US agri-food exports have declined from $196.1 billion in 2022 to $178.7 billion in 2023. The US government is now working to reverse this trend. and open up new opportunities for American producers. Tom Vilsack highlighted the importance of market diversification to maximize growth opportunities while mitigating risks associated with market contraction and global market volatility. “Market diversification is an important tool for maximizing growth opportunities for U.S. agriculture, as well as hedging the risk of market contraction and general global market volatility,” Vilsack said, according to comments reported by Opinion. The United States Department of Agriculture (USDA) has unveiled an ambitious plan including six agricultural trade missions for the year 2024. Among these ...
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