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 24th Jul 2017

Gartex all set to feature garment, textile solutions

Complete value chain of garment and textile manufacturing solutions...

Courtesy: Abercrombie & Fitch

Apparel/Garments | On 23rd Jul 2017

Abercrombie & Fitch launches products on Alibaba Tmall

Abercrombie & Fitch has announced the launch of Abercrombie & Fitch...

Apparel/Garments | On 23rd Jul 2017

NRF urges Congress to reject border adjustment tax

The National Retail Federation has urged Congress to reject a...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X