Ref:602/03

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Australia - Mar 17, 2003
Source: AFFA
Helping Aussie seafood producers crack the $34 billion US seafood market

A new guide has been launched to help Australian seafood producers crack the lucrative US market.

"The publication, A $34 Billion Reasons to Access the US Seafood Market, is the first in a series of seafood market access guides to be produced jointly by the Australian Seafood Industry Council (ASIC) and the Commonwealth Department of Agriculture, Fisheries and Forestry - Australia (AFFA)," Federal Minister for Fisheries, Senator Ian Macdonald, said.

"Over the past decade, the US seafood market has doubled, and, in 2001, was worth more than A$34 billion. In 2000/1 Australian seafood exports to the US totalled $192 million. Australia's major seafood exports included: rock lobster, pearls, fish, prawns, crabs and abalone."

Despite being the third largest destination for Australian seafood exports, behind Japan ($744M) and Hong Kong ($494M), the sheer size of the US market means there is tremendous potential for expansion, and establishing a more stable, diversified base for our products.

"The guide provides small-to-medium-sized Australian seafood producers, or those with a non-diversified export base, with the latest information on the opportunities available in the US market.

"The easy-to-read, 38-page guide provides information and advice under four main headings:

  • a look at the US seafood industry and the trade with Australia;
     
  • doing business with the US - including Australian export and US import requirements;
     
  • industry contacts and market information sources; and
     
  • sources of government assistance.
After all, the industry itself - with targeted Government support - is in the best position to determine the best strategies to boost competitiveness and profitability. And, with our fishing and aquaculture industries supporting many communities across the country, that's also good news for rural and regional Australia.

"I commend Australia's seafood industry on its recent, outstanding export performance, its willingness to innovate and embrace technological change, and its flexibility in adjusting to changing market conditions."

Copies of the guide are available free-of-charge from AFFA through its web site, or by calling Jim Fitzgerald on (02) 6272 5573, or from ASIC by calling Russ Neal on (02) 6281 0383.

Direct Download Link
A$34 Billion Reasons to Access the US Seafood Market  PDF [226KB]
NOTE: This document has been provided as an Adobe Acrobat pdf file. You will need to install the Adobe Acrobat reader on your computer before viewing/downloading this file. The Adobe Acrobat Reader is available free of charge from Adobe's website

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