Food and Fibre exports break historic records (16.10.2013)
Written on the 16 October 2013
I was pleased to join the Premier, Denis Napthine and the Minister for Agriculture and Food Security, Peter Walsh and my colleague Andrea Coote MP for the release of the 2012-13 Food and Fibre Exports Performance report on World Food Day.
The news is good. We have seen strong results and broken historic records.
The report shows that Victorian food and fibre exports increased by five per cent to reach a record high of $9.4 billion in 2012-13 with particularly strong results in markets targeted by the Victorian Coalition Government’s trade mission program including the Super Trade Mission to China in 2012.
As a result, food and fibre exports to China grew by $300 million. This includes an increase in meat shipments of $213 million, or 111 per cent.
Victoria is ideally positioned to take advantage of rapid economic development in markets like China and UAE that is creating unprecedented demand for food and fibre.
The strong result not only cemented Victoria’s reputation as the export powerhouse of Australia’s farm sector but was also a reflection of the Coalition Government’s objective to make Victoria the food bowl of emerging international markets.
Highlights of the 2012-13 Victorian Food and Fibre Export Performance include:
• a 330 per cent increase in grain exports to China;
• a 400 per cent increase in grain exports to the United Arab Emirates (UAE);
• UAE rising from 12th to 5th place Victoria’s list of major export markets; and
• a 27 per cent increase in horticultural exports.
The coalition government is committed to supporting business, jobs and a strong economy. Another delegation of 290 Victorian businesses will leave for China and Japan on October 21.
We’ve set a goal of doubling food and fibre production by 2030 and we believe the rapid increase in global demand for food and fibre will provide the incentive to see this goal achieved. We are committed to reaching this target.
With the Asian middle class forecast to grow from 525 million to 3.12 billion people by 2030, it is crucial that the Coalition Government explore every opportunity for Victorian producers to help meet that demand.
Our trade mission program, our research and development is aimed at increasing the productivity of our food and fibre producers and enhancing their international competitiveness.