"We will continue to work with industry to help WA farmers overcome this challenge.". The price is being supported by demand in the eastern states where widespread drought has caused grain shortages and stymied exports. He said Australian farmers would now be competing with growers from around the Black Sea region for access to the Saudi market. It is the first time Australia has taken legal action against China at the WTO over what commentators have … China's ambassador to Australia Cheng Jingye has already threatened a consumer boycott of Australian beef and wine. "It's a hugely disappointing outcome and we had hoped for something less damaging for the industry," said Mr Fels, from Esperance on Western Australia's south coast. 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. "There's no question it would require a big pivot and be something that probably would be best not have to happen," Larry Jorgensen, chief executive of Wines of Western Australia, said at the prospect of a boycott or tariffs. The Trading Economics Application Programming Interface (API) provides direct access to our data. Mr O'Meehan, who also relies on sheep for about a third of his business, thought it may already have started, with wool prices falling in the last six weeks. 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. Barley imports from the United States to China would be effective from this week, according to a notice on the China Customs website. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Beef accounts for 19.9% of all agricultural exports … Industry body GrainGrowers Australia welcomed the decision and said Chinese tariffs could cost … Download historical data for 20 million indicators using your browser. Farmers are looking to diversify away from China to other markets or to expand existing markets, even if it means accepting lower prices and fighting it out in more competitive markets. "Fill the void that way. Australia will challenge China's tariff on its barley exports in an appeal to the World Trade Organization (WTO). China's claims annual barley imports from Australia … Tension has been building between the 2 nations for quite some time now, but this is the first major action Australia has taken to tackle the problem. Trade Minister Simon Birmingham has announced Australia is referring China to the World Trade Organisation (WTO) to challenge action taken against barley exports. Australia's barley exports to China had been worth around US$1 billion a year before a recent drought, and are used most notably in beer-making. China's market share of total Australian barley exports has swelled Source: Abares, ABS, Information Consultancy Service, Australia NOTE: Shows % … "Even though we have our premium quality product, if the premium buyer exits the market vis-a-vis a tariff, then we're sort of competing with low grade, low quality grain from other parts of the world and getting priced accordingly," he said. "People have made their planting decisions now," he said. China is Australia’s biggest trading partner accounting for 40% of all exports. The Morrison Government seems to be betting that all it needs to do is hold its nerve and hold the line when it comes to China's trade threats, writes Stephen Dziedzic. It marks the first defensive action from Australia in response to a number of China's sanctions on a … "That's the pivot really, is how you change your allocation of resources that could grow again. Mr Fels said increasing exports to existing buyers in South Korea, Japan and Vietnam was an option. Australia will challenge China's tariff on its barley exports in an appeal to the World Trade Organization (WTO). He said the industry also had its sights set on growing exports to South Korea, Japan and the South East Asian markets as well. Agricultural Export Products Of Australia. Ms MacTiernan said it showed the importance of research and development into new grain varieties, products and markets, to help farmers adapt to changes in global trade. High Australian barley exports over the 2010s became a serious threat to China’s food self-sufficiency and import diversification policies, which it arrested through a dubious anti-dumping case. Australia demands sit-down talks with China and lodges a World Trade Organisation dispute over huge barley tariff. Australia Retail Sales Rise the Most in 6 Months, Australia Building Permits Rise Further in November, Australia Trade Surplus Below Estimates in November, Australia Markit Composite PMI Revised Lower, Australia Manufacturing PMI Revised Lower, Australia Private Credit Rises 0.1% MoM in November, Turkish Lira Depreciates on Erdogan Comments, Baltic Dry Index Hovers Around 3-Month High, Deflation in Israel Deteriorates in December, US Consumer Morale Deteriorates in January, US Business Inventories in line with Forecasts. Australia's barley exports to China had been worth around US$1 billion a year before a recent drought, and are used most notably in beer-making. Between 1 December, 2019, and 31 March, 2020, Australia shipped 666,092t of malting barley and 634,210t of feed barley to China, almost half of Australia’s barley export shipments which totalled 1.3Mt. 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