Home / Knowledge / News / Textiles / Australia-China wool trade important – Minister
Australia-China wool trade important – Minister
20
Dec '11
Federal Agriculture Minister of Australia Joe Ludwig has emphasised the significance of Australia's wool trade with China during a roundtable dialogue with Chinese wool industry representatives in Shanghai.

The Australian Minister's visit to China this month formed a part of an event organized by the Australian Wool Innovation (AWI). The event also saw participation of several Chinese wool industry members.

Wool is Australia's highest exported agricultural produce and China is a major importer of Australian wool. China domestically consumes around half the wool so imported from Australia each year.

Australia's wool exports to China came to US$ 2.24 billion during last fiscal, which signified around 43 percent of Australia's overall agricultural, forestry and fishery exports to China for the period.

According to Senator Ludwig, trade links with China are of much importance for Australia's agriculture industry as the association has benefited both the Australian as well as Chinese customers.

He said the event afforded the participants with an opportunity to deliberate on important issues and prospects for the wool industry and also to better understand the requirements of their trading partners.

Australian wool serves as a raw input for the Chinese textile industry, which also engages several Chinese workers in garment manufacturing, which are largely consumed domestically in China and also exported across the globe.

China and Australia share a long history of working together on wool by means of exchange of delegations, Mr. Ludwig said, and added that Australia would like to strengthen this association further.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search