Diversified exports keep Australian trade strong; EMDG updates | View Online | | Diversified exports keep Australian trade strong amid global challenges | Economist Edmund Tang explains how exports have helped Australia's economy cope with the disruption of COVID-19. High prices underpin continued growth in several commodity sectors. Liberalised trade with multiple Asian economies also helps. | | | | | Updates to the EMDG scheme | The Australian government has recently provided a funding boost of $65.5 million for the Export Market Development Grants scheme, to help Australian businesses grow internationally. | | The EMDG scheme is currently undergoing a period of reform. Review the 2021 EMDG Guidelines and have your say on the future of the scheme. Consultation closes 11 June. | | | | | Malaysia tech agreement to spark fresh partnerships | A bilateral agreement was signed in May that will help Australian tech companies to work in Malaysia. The Australia–Malaysia Tech Exchange will promote collaboration in most spheres, including defence and regional security. | | | | | | Canned Australian wine puts fizz into India's fast-growing wine market | Trend-setter, Barokes Wine has launched 5 new wines in India. The company is capitalising on a shift towards retail in India's wine market. Wine sales in India grew at 10% per year before the pandemic, according to Euromonitor. | | | | | | | Leggo's launches pasta sauce in India as food brands take to e-commerce | Western food brands are making steady gains in Indian retail. Leggo's launched its pasta sauce in Mumbai in March. Packaged foods have witnessed a 30–50% spike in demand since early 2020. Many brands now use e-commerce to penetrate new markets. | | | | | | Updates for agricultural exporters | As part of Austrade's new Agribusiness Expansion Initiative (ABEI), we are publishing updates from the Department of Agriculture, Water and the Environment (DAWE). The latest update reports increased opportunities to export pulses to India. | | | | | | | Australia's bumper 2021 cotton crop set for multiple global markets | El Nina rainfall looks set to deliver a huge cotton crop for Australian growers in 2021. Austrade economist Anne Knight examines potential markets in this Insight, including Vietnam, India, Bangladesh, Turkey and Indonesia. | | | | | | | Fresh prospects for Australian METS in Chile's copper mines | High copper prices are driving investment in Chile's huge copper-mining industry. In this insight, Austrade examines some of the strategic challenges faced by the Chilean mining industry, and how Australian METS can help. | | | | | | Case Studies | | | Gold Coast ice cream exporters carve out new markets in Africa | Australian food innovation has taken a glistening turn. Ice cream maker Frosty Boy is now selling slow-melt ice cream to Africa. This case study tracks the company's export journey through all the disruptions of the COVID-19 pandemic. | | | | | | Road safety tech firm uses partnerships to launch in India | Austrade has helped road safety technology company, Acusensus, to begin testing its services in Tamil Nadu, India. Owners say finding the right partner and creating a market-specific solution are key to success in India. | | | | | | | | | COVID-19: support for Australian businesses | The latest news, insights and support for exporters | | | | | | | Explore our range of newsletters | Get all the latest trade, investment and industry news in your inbox | | | | | | | Level 7, Tower 3, International Towers, Barangaroo, Sydney, NSW, 2000 | | | |