Economy

Idaho Japan Trade Brunch Event

Idaho Japan Trade Brunch Event

The Idaho Japan Trade Brunch was an opportunity for various companies and individuals to learn more about trade between Idaho and Japan. Consul General Masaki Shiga connected with Idaho government officials, Idaho educators, members of the Japanese American Leadership Delegation of 2019, and many more on July 23rd. This event was sponsored by the Consular Office of Japan in Portland.

Thank you to our food sponsors:

Presentations

Presentations were given that described trade and business conducted between Idaho and Japan, creating opportunities in business, and more. These presentations can be viewed here:

Pictures From the Event

Posted by Idaho Business Council Admin in Economy
Narita Wholesale Market

Narita Wholesale Market

Import Japanese Fresh Food

The Narita Wholesale Market is a fresh food and produce market. This market gets fresh fish/marine life and vegetables from all over the country, as well as dry foods and condiments. Located close to the Narita International Airport, foods go from the market to you with ease. Produce from Narita Wholesale Market is available at wholesale price and can ship internationally. In addition, various packaging materials are available for international shipment.

If you are interested in importing Japanese food from Narita Wholesale Market, please contact us so we can find a native Japanese translator or an import/export specialist to help you.

Posted by Idaho Business Council Admin in Economy

Step Grant

The State of Idaho has received a State Trade Expansion Program (STEP) Grant of $207,945 for program years September 30, 2020 – September 29, 2021. STEP is funded in part through a grant with the U.S. Small Business Administration (SBA) and is administered by Idaho Commerce. The goals of STEP are to increase the number of small businesses that export, increase the value of exports and increase the number of small businesses exploring significant new trade opportunities.

The application period for the Kallman Digital Showcase is open now.

Participants must meet SBA eligibility requirements to participate in the following STEP-funded program

Posted by Idaho Business Council Admin in Economy
2020 Idaho Manufacturing Industry

2020 Idaho Manufacturing Industry


Manufacturers in Idaho account for 12.00% of the total output in the state, employing 9.29% of the workforce. Total output from manufacturing was $9.24 billion in 2018. In addition, there were an average of 70,000 manufacturing employees in Idaho in 2019, with an average annual compensation of $72,439.44 in 2018.

2020 Manufacturing Data Top 10

2020 Total Sales
Dairy Product Manufacturing$3,234,038,240
Semiconductor and Other Electronic Component Manufacturing$2,810,213,885
Fruit and Vegetable Preserving and Specialty Food Manufacturing$2,397,819,424
Animal Slaughtering and Processing$1,296,005,922
Pulp, Paper, and Paperboard Mills$1,118,581,943
Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing$984,243,888
Sugar and Confectionery Product Manufacturing$850,978,348
Other Wood Product Manufacturing$842,758,269
Sawmills and Wood Preservation$759,589,398
Computer and Peripheral Equipment Manufacturing$750,705,419

Source: Economic Modeling Specialists International with Bureau of Economic Analysis data

Posted by Idaho Business Council Admin in Economy