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Global Trade Updates

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Exports showing steely resolve

Exports showing steely resolve

02.02.2021 Export Council of Australia

The December goods trade surplus of $9 billion was a significant increase, up $7.4 billion from the November surplus, according to newly released data by the Australian Bureau of Statistics (ABS).

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ECA Featured Member: Smart Mango

ECA Featured Member: Smart Mango

02.02.2021 Jun Gao
In this context of globalisation and fierce competition, consumers are exposed to so many choices from all over the world. The best exporters want to better understand their target market and apply specific marketing in order to succeed overseas.

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Australia ‘frustrates the hell’ out of Xi Jinping with massive trade surplus

Australia ‘frustrates the hell’ out of Xi Jinping with massive trade surplus

27.01.2021 Export Council of Australia

Rising iron prices will “frustrate the hell” out of China President Xi Jinping, as Australia pushes past trade sanctions to its fourth-largest trade surplus on record.

That’s according to independent economist Saul Eslake, who said China’s trade war against Australia wasn’t having the effect it had hoped for.

Over the month of December, exports to China increased 25 per cent to $9.8 billion, according to preliminary data published by the ABS on Monday.

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ECA featured member: Down Under Enterprises

ECA featured member: Down Under Enterprises

19.01.2021 Jun Gao

ECA Member Down Under Enterprises has been with the ECA for over five years now.

"Our business is over 90 per cent export – so we felt like we needed to be connected with ECA and the resources which ECA makes available to members," said Phillip Prather, Head of Marketing and Operations at Down Under Enterprises.

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Supporting balance of work at home and in the office

Supporting balance of work at home and in the office

19.01.2021 Leanne Lewis - Insync Personnel

So, fast forward to 2021 and the biggest change we have seen from a recruitment perspective is that employees want to continue to “Work At Home”. 

Covid-19 forced many companies to create a work at home policy and I think many with great success. Work at home does not mean or need to be 5 days a week. The majority of employees are wanting a balance of work at home and in the office to ensure the team engagement and office support continues.
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Tariff-ic start to 2021 for Australia’s farmers

Tariff-ic start to 2021 for Australia’s farmers

18.01.2021 The Hon David Littleproud MP

New Year’s tariff cuts build on huge benefits Free Trade Agreements have already delivered for Australia’s agricultural, food and fisheries exporters. Free Trade Agreements deliver further diversified trade opportunities for Australian exporters.

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​Ministerial Appointment Trade, Tourism & Investment

​Ministerial Appointment Trade, Tourism & Investment

18.12.2020 The Hon Dan Tehan MP

Export Council of Australia welcomes the appointment of the Hon Dan Tehan MP as the new the Minister for Trade, Tourism and Investment.

"It is a great honour to serve the Australian people as a minister in the Morrison Government and I thank the Prime Minister for asking me to serve as the Minister for Trade, Tourism and Investment."

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Getting the Export Documentation Right - March 2021 Online Workshops

Getting the Export Documentation Right - March 2021 Online Workshops

17.12.2020 Richelle Ward

The Export Council of Australia (ECA) has developed a series of workshops for companies wanting to understand export documentation requirements and/or gain assistance in training their team in processing documentation correctly and efficiently. Please note there are three workshops available covering different topics - learners can attend one or all three!

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Trade agreement with the Pacific enters into force

Trade agreement with the Pacific enters into force

14.12.2020 Senator the Hon Simon Birmingham

Farmers, businesses and investors across Australia and the Pacific will have their trade opportunities boosted from today with the Pacific Agreement on Closer Economic Relations Plus (PACER Plus) coming into force.

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Reforms to the Export Market Development Grants scheme pass Parliament

Reforms to the Export Market Development Grants scheme pass Parliament

12.12.2020 Senator the Hon Simon Birmingham

On the 11th of December, The Parliament passed legislation that backs Australian businesses to grow their exports and create jobs through reforms to the Export Market Development Grants (EMDG) scheme.

The EMDG scheme is a key Government financial assistance program to help aspiring and current exporters increase their marketing and promotional activities in international markets. Last year alone over 4000 Small and Medium Enterprises accessed the EMDG scheme, employing almost 69,000 Australians and generating exports worth $3.7 billion.

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Australia-Singapore digital trade agreement kicks-off

Australia-Singapore digital trade agreement kicks-off

10.12.2020 Senator the Hon Simon Birmingham

The Australia-Singapore Digital Economy Agreement (DEA) has kicked-off, setting a new global benchmark for digital trade rules and providing more digital trade opportunities for businesses and consumers in both countries.

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Women Trading Globally participant empowering underprivileged women in Bangladesh

Women Trading Globally participant empowering underprivileged women in Bangladesh

08.12.2020 Angela Wright

After attending the Women Trading Globally program held in Sydney and Melbourne in 2019, Kohinoor Yeasmin, CEO of TARANGO, has set her sights on making her business into an exceptional and unique "Hand-made Eco-friendly Fair Trade Organisation" of the world. As a member of the World Fair Trade Organization (WFTO), TARANGO is committed to alleviating poverty and increasing social responsibility through fair trade.

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Diversifying trade might require playing more video games

Diversifying trade might require playing more video games

08.12.2020 Brendan Keogh

In November, Sony and Microsoft released their next generation videogame consoles: the PlayStation 5, and the Xbox Series S/X. In each case, two versions of the console were made available to consumers, with the most visible difference between the two being that the cheaper version have a disc drive. Being able to go to the shop and buy a physical version of your next videogame will now cost you extra.

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ECA featured member: Troy Animal Healthcare

ECA featured member: Troy Animal Healthcare

08.12.2020 Export Council of Australia

Troy Animal Healthcare have been a member of the Export Council of Australia for just 2 years, they joined the ECA after they required help to update their export processes. The business wanted to ensure they were up to date with paperwork requirements and were maximising advances in FTAs and Government support.

"The training and support we have received from ECA has helped us reduce time preparing documents and ensured that we have accessed available support from Australia’s State and National governments," said Craig Shepherd, Export Manager at Troy Animal Healthcare.
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Exporters must pivot to new markets

Exporters must pivot to new markets

01.12.2020 Dianne Tipping

Recent official Chinese messaging suggests that our bilateral relationship has now entered a new low. Without doubt, China’s recent actions, including restrictions imposed on particular Australian exports, are deliberate. We suspect that the relationship has now changed in character for the foreseeable future. We advise Australian exporters to brace for a longer period of contention.

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Appointment of new Austrade CEO

Appointment of new Austrade CEO

30.11.2020 Senator the Hon Simon Birmingham

The Morrison Government is pleased to announce the appointment of Mr Xavier Simonet as the new Chief Executive Officer of Austrade, the Australian Trade and Investment Commission.

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Paving a path through COVID-19?

Paving a path through COVID-19?

25.11.2020 Dianne Tipping

Due to COVID-19, the third Home Affairs Portfolio Industry Summit was the first summit to be held on a virtual platform across two days – 23 and 24 November. The Home Affairs Portfolio’s annual Industry Summit is its premier industry engagement event. Industry representatives heard from Portfolio's leaders about the ABF’s strategic direction and priorities for the future.

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Supporting farming livelihoods of Solomon Islands women through boutique cocoa bean export

Supporting farming livelihoods of Solomon Islands women through boutique cocoa bean export

24.11.2020 Angela Wright

Diana Yates is Managing Director of Cathliro, a producer and supplier of sun dried (smoke free) cocoa beans. She works closely with Solomon Island’s small cocoa growers to improve their farming practices and ensure they get best prices for their ‘wet’ beans. Cathliro purchases their beans, and then ferments and sun-dries them to a reliably high standard – achieving “a consistent flavour of light fruity and floral notes”.

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The Lupin Co - Navigating the world of exporting

The Lupin Co - Navigating the world of exporting

24.11.2020 Export Council of Australia

ECA Member The Lupin Co started the business in 2016 and manufacture foods from Australian Sweet Lupin, as a high protein (40%+) and low carbohydrate (4%) option in a diabesity challenged world. They built a factory and have vertical integration back to large WA farms which supply the business.

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Comment: Australia joins RCEP – the big new deal comes over the horizon

Comment: Australia joins RCEP – the big new deal comes over the horizon

24.11.2020 Andrew Hudson

Recent news on the international trade stage has been less than optimistic – especially for those Australian exporters who are held up by ongoing Chinese trade bans on some of our primary products and resources.

It appears to be a direct consequence of some diplomatic disagreements but, to date, falls short of a full trade war.

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Vekta Automation:Our focus is on building relationships

Vekta Automation:Our focus is on building relationships

10.11.2020 Export Council of Australia

2020 has started as an exciting year for ECA Member, Vekta Automation. They are in the process of strategically planning for the next three years with a focus on increasing their exporting markets and product offering. They are wrapping up the development of two new products, both will disrupt the market and provide Vekta with a strong entry point for the European market. In all the plans, visions and actions Vekta continues to focus on building relationships- their internal Vekta family, customers, suppliers, partners and associations such as ECA. This is how Vekta will continue to grow to be a global business.

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Export Finance Webinar: Are you prepared for 2021? Register today!

Export Finance Webinar: Are you prepared for 2021? Register today!

09.11.2020 Dianne Tipping

Are you financially prepared for export in 2021?

Following a disrupted 2020, what challenges and opportunities does 2021 have in store? Uncertain economic conditions, currency fluctuations, export marketing budget constraints and an increased need to de-risk your export operations.
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The possible Australian trade consequences from the US election result

The possible Australian trade consequences from the US election result

09.11.2020 Andrew Hudson

According to most officials, we appear to have a winner in the United States (US) election with the announcement of the success of the Biden/Harris ticket.

It has yet to be recognised or endorsed by the current US President and his followers but the plan seems to be that the Biden/Harris administration will be inaugurated on 20 January 2021. Although the manner of that inauguration may be very different in the time of the pandemic.

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