Trade Talk brings you a selection of the latest trade news from Australia and the world.
5 March 2015
New DFAT publication launched to share market insights with Australian business
The first edition of a new DFAT publication, Business Envoy, is now available for public download. “The bi-monthly Business Envoy will better inform Australian business on the economic and market implications of geopolitical events and trends” said Trade Minister Robb at the launch of the publication.
TIM Media Release: New Business Envoy launched to share market insights with Australian business
DFAT Publication: Business Envoy
Trade and Investment Minister leads business mission to Canada
Following a successful visit to New Zealand last week, Minister Robb led a business delegation to Canada this week. “Australia is increasing its integration in Asia and consequently we provide a stable gateway for countries like Canada seeking to access the exploding middle class of our region,” Mr Robb said.
TIM Media Release: Robb leads business mission to Canada
Australia a world leader in SmartGate technology
The use of SmartGate by travellers entering Australia has increased substantially. From 11 December 2014 to 22 February 2015, 1.5 million travellers entered Australia using SmartGate. Australia is a world leader in this technology, with over 18.5 million international travellers using SmartGate since its inception in 2007.
AMIBP Media Release: Travellers embrace SmartGate expansion
Fifty years of Australia’s trade
DFAT’s Composition of Trade (CoT) publication is celebrating its 50th anniversary. To mark the occasion, DFAT reflects on the past 50 years of Australian trade. When the first CoT was released, trade was the equivalent of 29% of Australia’s economy. Today trade is the equivalent of 42% of the economy.
DFAT Publication: Fifty years of Australia’s trade
DFAT Media Release: Celebrating 50 years of DFAT's Composition of Trade publication
The Australian craft beer revolution
Australian craft beer is whetting appetites internationally. The strongest demand for Australian craft beer is the Asian market. As the Asian middle class grows, so too does its thirst for high-end beer. There are over 200 craft beer producers in Australia.
Australia Unlimited News: The Australian Craft Beer Revolution
New agribusiness opportunities abound in India
Strong economic growth and rapid rates of urbanisation are increasing India’s demand for food products. This will offer significant new opportunities for Australia’s agribusiness exporters. Indian food demand is expected to more than double between 2009 and 2050.
EFIC publication: Export Monitor February 2015
Did you know?
The UK was Australia’s largest goods export destination 50 years ago, accounting for 24% of total exports. China is now Australia’s largest export market, accounting for 37% of all goods exports.