This achievement is closely tied to the improved trade relationship with China, following the removal of suspensions on Australian meat processing establishments, which has significantly boosted exports to the region Australia’s red meat exports are projected to reach record levels in 2024–25, according to the latest data from the Australian[Read More…]
Tag: exports
Western Australia’s avocado exports increase by 400%
In the 2023-24 period, avocado exports from Western Australia reached $36.8 million Western Australian avocados are becoming increasingly popular in the global marketplace, with exports experiencing significant growth over the past year. In the 2023-24 period, avocado exports from Western Australia reached $36.8 million, a remarkable increase of more than[Read More…]
China to resume imports of Australian rock lobster
The ban was imposed after China claimed to have detected heavy metal contamination in the lobsters—an allegation that both the government and industry have denied The Tasmanian Liberal Government welcomes the decision by Chinese authorities to lift the import bans on Australian rock lobster. Eric Abetz, Minister for Business, Industry,[Read More…]
Australia’s wine exports increase by 34%
The value of shipments to mainland China increased by $604 million to $612 million, while volume increased by 58 million litres to 59 million litres In the 12 months ended September 2024, Australian wine exports increased by 34 per cent in value to $2.39 billion and by 7 per cent[Read More…]
AB Akola Group plans to acquire Latvia’s SIA Elagro Trade
This acquisition will bring efficiency in services to Latvian farmers and help us compete more vigorously in grain exports SIA Linas Agro, an indirectly controlled company of AB Akola Group, has agreed to acquire a company in Latvia – it is buying 100 per cent of SIA Elagro Trade for a preliminary[Read More…]
Australia’s beef exports reach 129,998 tonnes in July
The USA was the largest market for Australian beef and lamb, while China was the largest market for mutton Australia’s beef exports reached a new monthly record in July, reaching 129,998 tonnes, which is 5 per cent higher than the previous record set in March 2015. This increase was influenced[Read More…]
Transformation of Chinese wine market
China Customs data indicates a significant decline in China’s wine imports for 2023, with a 26 per cent decrease in volume and a 15.2 per cent decrease in value Australian wine exports reached a value of $2.2 billion in 2023–24, marking a 17 per cent increase and the highest level[Read More…]
Australian wine re-entering China drives export value increase
574 companies were exporting to mainland China in 2023–24, up from 115 in 2022–23 Australian wine exports increased in value by 17 per cent to $2.2 billion in 2023–24, the highest level since the 12 months ended September 2021, and volume remained relatively steady at 619 million litres according to[Read More…]
Australia’s red meat exports hit record high
Lamb, mutton, and goatmeat reached record-high volumes During the past financial year, Australian export numbers for red meat hit a record high, with over 2 million tonnes exported. Lamb, mutton, and goatmeat reached record high volumes, while beef exports matched the levels seen during 2019–20. Sheepmeat exports reached 587,262 tonnes[Read More…]
Korea’s instant noodles exports surpass $100Mn for first time
This growth is the fastest pace recorded since May 2022 South Korea’s exports of instant noodles exceeded $100 million for the first time last month, driven by the increasing popularity of Korean culture and food. According to data from the Korea Customs Service (KCS), exports of instant noodles, known as[Read More…]