Australian wheat could potentially take a bigger slice of the Asian cake and biscuit market in the coming years.
Continued collaboration between industry, regulators and the Australian Government will be key to the success of the live export industry going forward, the Assistant Minister for Agriculture and Water Resources, Luke Hartsuyker, said at the LIVEXchange 2017 conference in Perth.
Legislation will help deliver an ambitious $50 million, three-year plan to increase the value of wine exports up to $2.8–2.9 billion and bring $170 million worth of wine tourism to regional communities.
Victoria has set a new record with food and fibre exports reaching $12.8 billion – the biggest total in the state’s history.
The value of Australia’s sheep meat exports has increased 24 per cent year-on-year, driven by the value of lamb exports increasing by more than 20 per cent when compared with 2016 figures, according to Rural Bank’s latest Australian Sheep Update.
The Federal Government has welcomed Indonesia’s implementation of its earlier agreement to reduce tariffs on the import of Australian raw sugar, strengthening opportunities for Australia’s $2.2 billion sugar export industry.
The longstanding agricultural cooperation between Australia and China was highlighted at the inaugural Australia-China State-Province Agricultural Business Forum held on 12 September 2017.
Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, visited a processing facility and supermarket, to explore opportunities for Australian exporters during his visit to New Delhi as part of Australia Business Week in India (ABWI).