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Japan and Korea are major export markets worth nearly $1 billion combined to the state’s economy, and are key purchasers of South Australian wine, meat, tuna and canola.

South Australia leads the world in renewable energy, and the promotion of opportunities in our green hydrogen industry, including green iron and steel, will form a major focus for the trip as both Korea and Japan look to accelerate their transitions towards net zero.

The delegates include CEOs from energy and resources companies including Hallett Group, Iron Road, Magnetite Mines and Renascor Resources, sending a strong signal that the South Australian Government is working closely with private sector partners to deliver its decarbonisation agenda, and highlighting its leadership role developing clean energy projects, including its Hydrogen Jobs Plan.

Alongside more than 500 business leaders and corporations, the South Australian Government will also attend the premier forum for Australia-Japan trade and investment at the annual bilateral Australia Japan Business Cooperation Committee Conference (AJBCC) in Nagoya, representing our state’s world-class export sector and spruiking our state’s investment opportunities with key Japanese investors and stakeholders.

Meetings as part of the trade mission will include those with energy, resource and space industry companies such as Hyundai Engineering and Construction (Hyundai E&C), Mitsubishi Heavy Industries and IHI Aerospace, and with Japan’s flag carrier, Japan Airlines.

A visit to Tokyo’s Toyosu Market – the world’s largest fish market, where a bluefin tuna recently sold for more than $1 million – will provide an opportunity to further highlight South Australia’s premium seafood offering. The South Australian Government’s recently launched Seafood Export Growth Program is supporting our seafood industry grow and diversify its exports.

Key to the $475,000 program will be support provided to exporters to attend major international trade events to meet with local buyers, including next year’s World Expo in Osaka.

During his visit to the market, South Australian Government will meet with leading importers of Southern Bluefin Tuna.

South Australia exported $155.5 million of seafood in the year to August, including $58.4 million of local tuna sold to Japan.

In that same period, South Australian exporters sold a total of $614 million of goods to Japan and $325 million to Korea.