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SA food and wine exports reach record heights

SA food and wine exports reach record heights article image

South Australia is now exporting more food and wine than ever before, with total overseas exports reaching a record $5.2 billion.

This represents 46 per cent of the State’s merchandise exports.

The SA Government’s latest Food and Wine ScoreCard shows a $1.1 billion increase in gross food and wine revenue for 2014-15, compared to the previous year.

The value of the State’s food exports to the United States has more than doubled compared to last year while food exports to Indonesia rose 15 per cent.

In 2014-15 South Australia’s food and wine industry employed about 144,000 people, or one in five working South Australians.

The latest results show South Australia has reached its target of increasing differentiated and finished food (such as meat, fish fillets, dairy and bakery products) and wine exports.

Higher export demand

The original target of $3.2 billion has already been exceeded – reaching $3.25 billion in 2014-15, with the new target set for $3.6 billion by 2016-17.

A $479 million rise in food production was boosted by the livestock industry, particularly in beef production, with higher export demand pushing up prices.

Almonds were a strong performer in horticulture, while increases in price for Southern Rock Lobster and Southern Bluefin Tuna contributed to a $15 million rise in the production value of seafood.

Demand for premium South Australian wine is also increasing overseas, with exports increasing to $1.2 billion.

There was particular demand from China and Hong Kong for South Australian wine,with exports increasing by $65 million or 27 per cent.

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