News

The European Union – the world’s second largest consumer market after the US – has become South Australia’s newest billion-dollar export market, jumping by $183 million, or 22 per cent, in the year to March 2025.

Coming on the back of an announcement by the Australian Government of renewed trade negotiations with the European Union, this growth was driven by increased exports in critical sectors like machinery and power equipment, grains, metal ores and nuts to leading EU economies Belgium, France and Germany.

Our exports to China – our largest two-way trading partner – have also continued to surge, growing 15 per cent to $4.11 billion in the first full year since tariffs were removed on Australian wine.

South Australia exported 99.5 million litres of wine to China over the last 12 months, reaching near record levels and rewarding the patience and resilience of local wine exporters over a challenging and uncertain period.