AustCham ASEAN partnership to examine ASEAN market opportunities
The CRCNA has commissioned the Singapore-based Australia-ASEAN Chamber of Commerce (AustCham ASEAN) to examine the key export opportunities for northern Australian agri-food businesses into ASEAN markets over the next five years.
The four-month long project will complement existing CRCNA research by identifying additional markets and commodities in ASEAN which could provide opportunities for northern Australia and assist in developing a further understanding of barriers and required actions to capture these opportunities.
It will focus on five high-value agricultural commodities : beef, soybeans, on-shore aquaculture, avocados and macadamia nuts.
ASEAN is a key export destination for Australian agricultural products, accounting for 21 per cent of Australia’s agricultural exports between 2014 and 2016.
CRCNA Chair Sheriden Morris said northern Australia is particularly primed to benefit from increased cooperation in agriculture and food trade given its geographic proximity to Southeast Asia.
“It’s well known that the increasingly urbanised ASEAN population has a growing appetite for the clean and green food for which northern Australia is recognised, so it’s crucial we gain a better understanding of what exactly it is these consumers are looking for and how northern Australian producers and businesses can capitalise on these opportunities.”
AustCham ASEAN representatives will be discussing their findings at the Developing Northern Australia Conference in Karratha, WA from July 11 to 12, 2019.
CRCNA Communications Manager
0499 330 051