International News

You are here:Home - News - International News

Macadamia Sells Good in Asia - China-Australia FTA Brings Vast Business Opportunity

Pubtime:2017-06-16Author:Source: Hits:

NAB Bank report shows that red meat and wool products have always been the quality industry that Australia is proud of. However, in recent years, Australian nuts become top demands of international market, especially macadamia nuts.

The report predicts that Australia will become the largest macadamia nut exporter in the world, and sales volume will reach AUD 760 million, while China will become the largest quality nuts importing market.

Asian market will surpass USA to become the maximum food consumption region in the world, and Australian manufacturers have made sufficient preparation. Report says macadamia producers will expand production, and the increased planting area in next 3 years will be over 5000mu.

In 2015, China and Australia signed a Free Trade Agreement, and started vast business opportunity for Australian enterprises.