China has been Australia’s top agricultural export market since 2010–11. Get The New Daily free every morning and evening. China is Australia’s largest barley market, with exports worth $1.5 billion in 2018, although that figure more than halved in 2019 due to the drought. The Western Australian Government has always maintained good relationships with China as our major trading partner, and we will be making direct contact with the Chinese Consul General on the matter. #6 Cereals (AUD$7.1 billion) Whilst we love our Weet Bix and Fruit Loops, cereal is a top export of Australia accounting for just under 2% of all exports. Australian coal, gas and iron ore exports to China have surged as Beijing threatens economic retaliation for the Morrison government’s pursuit of an independent inquiry into the coronavirus. Your email address will not be published. The duty was in place for a few months, and had a short-term impact on feedgrain values in parts of the global market. Barley is not a random choice. The tariffs, based on dumping and farm subsidy claims, would end Australia's $1.5 billion barley trade to China; Barley is Australia's second most valuable agriculture export to China All rights reserved. Western Australian barley exports to China were valued at $805 million in 2018-19. The yet-to-be-finalised tariffs may include a dumping margin of up to 73.6pc and a subsidy margin of up to 6.9pc for barley imported from Australia. China was Australia’s largest market for barley, with an export value of $915.4 million, followed by Japan ($226.7 million) and Thailand ($90 million). Year over year, the value of global wheat exports dropped by -7.1% from 2018 to 2019. Soaking rain in New South Wales means that state is likely to supply its own and some of Queensland’s feedgrain demand. It is understood MOFCOM may provide their final determination on, or before 19 May 2020. Exports of rural goods increased 6 percent to AUD 3.59 billion, boosted by meat & meat preparations. Chinese imports of Australia … Australian exports of cotton to China were worth more than $1.1 billion last year. Senator Payne insists these are separate issues from the angst over an inquiry. Your comment will not appear until it has been moderated. Australia's barley exports to China were worth $600 million in 2019, falling from $1.5 billion in 2018 because of drought and an effort to diversify into more markets. Among other things, this means making sure Australia “has the right mix of skills” to adapt to changes in the economies of our major trading partners. Exports to China in Australia averaged 3188860.78 AUD THO from 1988 until 2020, reaching an all time high of 14554765.09 AUD THO in June of 2020 and a record low of 64000 AUD THO in November of 1989. They were made in February last year, and are believed to cover a period of investigation from 1 January 2014 to 30 September 2018. Seeding is just underway across the WA grain belt – the timing could not be worse for our growers, who have little to no time to reassess their options for the season. Copyright © 2021 The New Daily. Australia's relationship with China is taking a turn for the worse, with the Asian giant lapping a hefty tariff on Australia's barley imports. Breaking that down to malt and non-malting barley, around 1.3 million tonnes of malting barley, and around 4.2 million tonnes of non-malting barley are also exported each year, though these figures vary from season to season. These markets include Japan, Vietnam, Thailand and India for malt barley, and Japan, Thailand, United Arab Emirates and Saudi Arabia for feed barley.”, CBH chief marketing and trading officer Jason Craig. If one or two tariffs are imposed, a mitigating factor in the near term will be the fact that Australia’s export surplus of barley yet to be priced is historically low. “Like Australians, Chinese people love a beer and premium Australian malting barley is in high demand. China has ignored Australia's attempts to discuss trade tensions over beef and barley imports, and state governments fear they could become the meat in … ... China introduced hefty tariffs on Australian barley and suspended beef imports from several Australian … Aside from all this, Australian barley growers and exporters are hopeful that China’s decision finds in their favour as being an open and accountable source of grain. Australia exported $732 million of malting barley, $647.6 million of feed barley, and $2 million of barley seed in 2018–19. This is an important market for WA growers, with no ready alternatives. Exports to China in Australia averaged 3188860.78 AUD THO from 1988 until 2020, reaching an all time high of 14554765.09 AUD THO in June of 2020 and a record low of 64000 AUD THO in November of 1989. China’s demand for feed barley, especially in its southern regions, is considerable. Around 88 per cent of Australia’s barley exports to China come from WA. Firstly, businesses heavily exposed to China cannot expect a federal government bailout should the Chinese economy suffer a downturn. This page includes a chart with historical data for Australia Exports to China. Destinations other than China absorbed the US export surplus prior to China terminating its anti-dumping case against the grain. He said Argentine barley exports to China next year could reach as much as 800,000 tonnes depending on prices and the Australia-China trade relationship. China, though, is less dependent on Australia particularly for barley and beef having groomed other sources, in particular Canada, which now ranks China as its top barley export market. Industry, Government responses: JBS Australia issued the following statement this afternoon: Around 88 per cent of Australia’s barley exports to China come from WA. His comments come after Trade Minister Simon Birmingham told the ABC’s Insiders that his Chinese counterpart was ignoring his calls amid an escalating trade dispute over beef and barley. "Bulk grain terminal shipping stems show about 650,000 mt [of barley] shipped in April and May [to China], so season-to-date, Australia is estimated to have exported over 1.2 million mt … Australia is preparing to take China to the World Trade Organisation if it does not reverse its decision to impose tariffs on up to $1 billion in barley exports. Australian barley exports in 2018–19 were $1.38 billion, down 31% over the year. Demand for high quality barley is strong both in Australia and internationally with Australian barley well recognised for its excellent malt and feed qualities. Harvested grain ha… Tourism is Australia’s largest services export and brings in $21.6 billion a year, making up about 5.4 per cent of exports. Australian exports to China face $6 billion 'D-Day' “At a national level, claims of being ‘too dependent’ on China for exports assume that an alternative country stands ready to buy Australian goods and services. The State Government will urge the Australian Government to work closely with the Chinese Ministry of Commerce to find a fair outcome for our growers. In 2018, Australia sold $1.5 billion worth of barley to China but the drought and China's allegations of dumping saw the value of the trade fall to $600 million last year. If they are to go ahead, the tariffs will have a significant impact on Western Australian growers by reducing the competitiveness of Australian barley into the Chinese market, and we have seen barley prices come off already on the back of this news. Australia will reserve all rights to continue to defend the interests of our barley producers.”, Australian Minister for Trade Simon Birmingham. Australia has a complicated relationship with China, but may have to make a stand. As for barley, at least half of the nation’s exports typically end up in the Middle Kingdom, as part of an annual trade that was worth $1.5 billion in 2018 and $915.4 million in drought-affected 2019. Harvesting barley in November 2019 at Cascade near Esperance, WA. Australia is a dominant player in world barley export markets, representing 30-40 percent of the world’s malting barley trade and 20 percent of the feed barley trade. Mr Huang said Xiamen Xiangyu had also stopped importing Australian barley since China imposed tariffs and duties of up to 80 per cent following an … “As part of the Australian barley industry, CBH has received information from the Chinese Ministry of Commerce (MOFCOM) that tariffs on Australian barley are likely to be imposed as a result of its ongoing anti-dumping and countervailing duties investigations. Barley exporters, faced with a $500 million hit this year after being shut out of China, have done the same thing but they are further down the road. “But the fact is that of the net $180 billion increase in Australia’s annual export value over the past decade, just one country has been responsible for delivering 60 per cent of the jump: China.”. Contributions that contravene our Comments Policy will not be published. According to Wood Mackenzie, Australia's iron ore and LNG exports to China are up 8% and 9% year-to-date respectively, compared to a year ago. The organisations making this statement and Australian barley exporters will continue to co-operate with the Chinese Government and work closely with the Australian Government.”, Joint statement from Grains Industry Market Access Forum, Australian Grain Exporters Council, GrainGrowers, Grain Producers Australia and Grain Trade Australia, Grain Central: Get our free daily cropping news straight to your inbox – Click here, Your email address will not be published. Market Economics director Stephen Koukoulas said pressing Australian businesses to diversify their exports was naive as they can only sell to countries that “want to buy the stuff we make”. China imported 2.5m tonnes of barley from Australia last financial year, which is down from a peak of 5.9m tonnes in 2016-17, but still very significant. According to the Department of Foreign Affairs and Trade, in the financial year 2018-2019, most of that arrived in the form of iron ore ($63.1 billion), coal ($14.1 billion) and natural gas ($16.6 billion). Australian wine exports to China are booming. Australia exported nearly 75m tonnes of all coal types to China between January and September this year, up 14% from the same period last year, according to figures compiled by Argus. China is Australia’s largest volume export market for beef, accounting for close to 300,000 tonnes in 2019, representing about 29pc of Australia’s total beef exports. Mr Koukoulas told The New Daily it was “an observable fact” there is an economic issue with our “heavy trade dependence on China”. This appears to have caught some domestic market consumers napping … It means SA, WA and Victoria are likely to have big export surpluses of grain to shift from December onward. China takes in more than 50% of Australian barley exports, most of which it is malted barley. It has also banned imports from four abattoirs for allegedly failing to meet Chinese health standards – an “informal retaliation” that provides the Chinese government with plausible deniability against “accusations of explicit economic bullying,” according to academics from the Australian National University. Please try again. If China is not in the market, barley’s discount to wheat will widen from the typical 15-20 per cent. Based on the latest data from the Australian Bureau of Statistics, that has been the case between 1 December and 31 March, with China buying 628,140 tonnes of the total 1.3 million tonnes (Mt) of barley shipped to all destinations. “But to say we’ve got to change it, I just don’t understand it,” Mr Koukoulas said. Feed barley, especially in its southern regions, is one of Australia ’ anti-dumping. 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