Opportunities from FTAs

What China’s economic rebalancing means for Australian exporters

Efic’s newest export monitor for June 2016 dissects the Chinese economy and what the recent slowdown will mean for Australian exporters. A large part of Australia’s strong economic performance in the past decade is thanks to its close ties to China. As China adjusts, this will certainly affect Australia and its exporters; in particular, commodity exporters who are facing declining prices, and food and wine exporters that are seeing value growth.

Australian wine back in the spotlight in Japan

The five winners of Austrade’s Taste of Australia promotion in Japan recently wrapped up a visit program to Australia to experience our food and wine culture and to learn more about the Australian supply chain. Taste of Australia, which was supported by Wine Australia, aimed to increase awareness of premium Australian food and wine in Japan and draw attention to the reduced tariffs that these products receive under the Japan-Australia Economic Partnership Agreement (JAEPA). Austrade’s Wine and Cider to Japan: Market Trends and JAEPA Benefits highlights that the agreement is already showing positive results for Australian exporters and provides a brief guide to exporting under JAEPA.