America's May 2009 trade deficit in goods and services decreased $34.6 billion, and exports were down $33.3 billion, or 21.3%. An unanticipated deficit reduction, reported by the United States Commerce Department, Bureau of Economic Analysis, provides some positive indicators that the net ratio of exports is increasing. As of the end of May 2009, exports had in fact increased by $2.0 billion to $82.1 billion, while imports were $119.4 billion. Of the increase in exported goods, food, feeds, and beverages were $0.3 billion.
Bloomberg, in its July 16th, 2009 report, has stated that; "Overall, the gap between imports and exports has decreased 9.8% to $26.0 billion, the smallest deficit in nearly ten years. A shrinking deficit signals trade will be a stronger contributor to the U.S. gross domestic product." To put this information into some agri-perspective, according to the Department of Commerce, the gross value of 2006 agriculture values was $257.7 billion and net farm income nationally was $59.0 billion. Since 2006, the gross value of agriculture has increased 1.6% to 2.8% annual. Even though only about 2% of America's workers are employed at farms, agriculture remains one of the nation's most vital domestic and export industries.
According to Trade Show Week's International report for July 2009, the international meetings business grew last year with Germany and the United States topping the list of countries with the most events that have global rotations. The International Congress & Convention Association confirms the increase, indicating that there was a 12% increase in 2008 with 7,475 events documented.
Trade agreements continue to influence the dynamics of the exposition industry, and many nations, some of whom had been bitter rivals, have joined in trading blocks for their mutual benefits and economic stability. Today, national economies are increasingly connected in complex ways. Globalization has minimized many regional and national differences, and exhibitions are becoming institutionalized across borders - for example, business and government leaders around the world know that INTEROP, a high-tech, business information and technology trade event, has progressively crossed borders and language barriers, and is active in event production in the United States, India and Japan. In terms of International Agricultural Expositions, there are several prominent agricultural expositions and trade events in the United States and at various locations throughout the world as indicated below.
- World Ag Expo, Tulare, California
- Xinjiang International Agricultural Machinery Exposition & Central Asia Agricultural Production Materials Fair, Xinjiang, China
- Jiangsu International Agricultural Exposition, Jiangsu, China
- Changchun International Agriculture-Food Expo, Changchun, China
- China International Agricultural Exposition, Shanyang, China
- Keystone International Livestock Exposition, Harrisburg, Pennsylvania
- Madar-I-Sharif International Agricultural Fair, Balkh Province, Afganistan
- International Agricultural Fair - AGRO, Kiev, Ukraine
- Kunming International Agricultural Exposition, Yunnan Province, China
- Paris International Agricultural Show, Paris, France
- China International Foodstuff Exposition, Guangzhou, China
- AG CONNECT Expo, Orlando, Florida
- Philippine International Flora & Fauna Garden Expo, Manila, Philippines
- China International Fruit & Vegetable Industry Expo, Shanghai, China
- Big Iron Farm Show & Exposition, West Fargo, North Dakota
- Sunbelt Ag Expo, Moultrie, Georgia
- International Poultry & Feed Exposition, Atlanta, Georgia
- International Green Week, Berlin, Germany
- AGRITECH, Israel
- Agri-Trade International Expo, Red Deer, Canada
- AGRITRADE Expo & Conference, Antigua, Guatemala
- EXPOAGRO, Buenos Aries, Argentina
- Agri Forum, Bahia, Brazil
- ALIMENTARIA, Mexico Food & Beverage Expo, Mexico City, Mexico
- Agro-Mashov International Agricultural Trade Fair, Tel Aviv, Israel
Note: There are most likely other agricultural expositions that have permanent status or are held periodically. For a compete listing of International Ag-Expos please consult the world-wide web.