Australia’s Agricultural Products Export to China Doubled in 5 Years

Date:2014-03-17 View: 25 Compiler:

Australia’s Agricultural Products Export to China Doubled in 5 Years

The latest data have shown that in 2013, the agricultural products export value from Australia to China has doubled, reaching 7.3 billion Australian dollars. With the continuous demand increase for food, this is only a signal for another phase of growth.

According to a recently released report from ABARES, 10 years ago, China only ranked 6 as its export destination. In 2013, China topped the list. China’s demand mainly is the high valued products: beef, lamb and dairy products. From 2007 to 2008, Australia only exported to China 10 million Australia dollar beef. In 2013, this number is 406 million Au dollars. The value of lamb also increase 20 times. Australia has become China’s major agricultural products supplier. Its products have a reputation of being “green and pollution-free”.

(Source: China Ministry of Commerce website. Released on 03/06/2014)

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