The seasonally adjusted balance on goods and services surplus decreased $1,561m to $5,022m in November. However, the degradation of shipments volume from July 2020 onwards is significant compared to the same period in 2019, bearing in mind that Australian Barley crops were exceptional in 2020. Field barley International sales from raw barley exports by country totaled US$6.7 billion in 2019. In 2016 the value of Australia's agriculture exports was $44.7 billion – approximately 14 per cent of our total goods and services exports. China takes about 70% of all Australian barley exports, according to Australian government data. Australia typically accounts for up to 40% of the world's malting barley trade, used in beer production, and 20% of feed barley. As the ban continues, for the time being, it will be interesting to see if China’s and Australia’s strategies work and how it impacts Australian Barley exports in the long term. However, from May 2020, due to ongoing trade disputes, China implemented an 80.5% tariff on Australian barley. AEGIC hosted a virtual event for the Vietnamese brewing and malting industry to provide an update on the 2020 growing season and communicate the benefits of Australian malting barley. In 2015 and 2018, this figure reached 76% and 77% respectively. China imposed extra tariffs on Australian barley in May. On December 16 2020 Australia requested consultations with China regarding certain measures imposing anti-dumping duties and countervailing duties on barley imported from Australia. Australia typically accounts for up to 40% of the world’s malting barley trade, used in beer production, and 20% of feed barley. “Western Australian barley exports to China were valued at $805 million in 2018-19. The Australian government is taking action against Beijing at the World Trade Organisation (WTO) over huge five-year tariffs imposed by China on Australia’s barley exports amid diplomatic tensions between the two countries, Trade Minister Simon Birmingham said on Wednesday.. Australia has previously used WTO processes “Whilst Australia respects China’s right, as with any nation, to undertake domestic investigations into anti-dumping matters, we do not agree with China’s decision to impose anti-dumping and countervailing duties on Australian barley,” Birmingham said. Export of barley from Western Australia is also expected to continue despite dry seasonal conditions. 30-40% of the total annual barley crop normally makes the specification for malting2 (around 2 to 2.5 million tonnes) 3. However, it seems that it strongly resisted the Chinese ban policies that loomed since February 2020 and took place starting in September of the same year. In May, MOFCOM ruled that Australian barley was being both undervalued and subsidized, which was followed by an 80.5 percent tariff being imposed, consisting of 73.6 percent in anti-dumping duties and 6.9 percent in anti-subsidy duties. Post was not sent - check your email addresses! Barley imports from the United States to China would be effective from this week, according to a notice on the China Customs website. It showcases the change in strategy operated to compensate for the loss, and the new policy towards Australia’s Barley exports. It resulted in the loss of a significant partner for Australia in general, and more specifically, for Barley. Hence, Australia compensated the Chinese market Barley exports with some of its other leading importers, thus showing great flexibility concerning its Barley exports pipeline. Therefore, although the impact of the ban on Australia’s Barley exports shows on shipment volume, it is not the case with cash quotes. All in all, Australian Barley exports proved to be robust. The Cash quote prices available from the dataset on AgFlow’s database, displayed in Figure 3, showed that there were quotes for Ex Works (EXW) and Free On Board (FOB) Incoterms in 2020. Country Cars; Livestock Connect; ... there is welcome news for the barley industry being able to export to Saudi Arabia through its new import tenders. China has fired its first shot in an increasingly bitter diplomatic row, threatening to slap major tariffs on Australia's barley exports, that could rip hundreds of millions of dollars from the trade. The latest trade frictions between the two countries came after an 18-month investigation by China into Australia's barley dumping. It pays A$1.2 billion for 4.2 million tonnes, around 68% of Australia’s barley exports to its top ten markets. China put an 80.5 per cent tariff on Australian barley … Australia’s barley exports to China are estimated at $1 billion a year. Western Australian Farmers Federation president Rhys Turton holds barley seeds in his fields near York. China announced Monday it had slapped punitive tariffs of more than 80 per cent on barley imports from Australia. With Vietnam’s malting barley imports set to nearly double by 2030, the Australian Export Grains Innovation Centre is working to ensure Australia maintains a significant market share. Australia could soon be exporting 500,000 tonnes of malt barley to the Indian market. Dec 16, 2020 | Market Analytics. China is Australia’s largest market for barley exports. Australia produces just over 9 million tonnes of barley per annum1, around 70% of which is exported, mainly to Asia. Goods and services debits (imports) rose $2,774m (10%) to $31,370m. The Australian Barley exports Market is in a key position in Asia due to its advantageous location. This is a major relief for the Barley producers in Australia and now it is planning to export 5,00,000 tonnes of malt barley to the Indian market. It is also worth noting that another big ticket item has been added to the list of Australian exports that are now out of favor with Chinese buyers, namely coking coal. Aussie barley exports In May, China imposed tariffs of 80.5% on Australian barley exports, which were made up of a 73.6% anti-dumping duty and a 6.9% countervailing duty. Moreover, China also showed flexibility with its importing pipeline by reinforcing its pool of Feed Barley origins, with Ukraine and Argentina, for example. This new strategy relies primarily on EXW products, as well as reinforcing other export destinations. China is currently Australia's largest barley export market but have now been struck with an 80 per cent tariff on the produce for up to five years. Brought to their knees by deteriorating trade ties is despite the imposition prohibitive. 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