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Trade, Market Access & Tariffs
Trade and export
Tree nuts are Australia’s largest horticultural export sector, accounting for approximately 45% of all horticultural exports in 2015-16 and valued at over AU$900 million. Thanks to a powerful and persistent worldwide dietary trend and a strong set of local production values that emphasise food safety and eating quality, as well as excellent social and environmental stewardship credentials, the Australian tree nut industry is likely to surpass AU$1 billion in export sales within the next few years.
Australia currently exports nuts to around 55 countries. The principle barrier to expanding exports is the tariffs that remain in some key existing and some potential new markets. These tariffs restrict nut consumption by increasing the price to the importing market, in some cases prohibitively. The recently negotiated free trade agreements between Australia and the nations of Japan, China and South Korea, whereby most nut tariff lines are now being phased out, have resulted in expanded sales and exports of Australian-grown nuts almost immediately. These countries and others, such as India, are nut importers with significant potential for growth.
With the next phase of expansion already underway, the industry needs to make the most of these export market development opportunities.
Applied Nut Tariffs
Click to download: Applied Tariffs on Nuts in Select Markets (as at January 2014)
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Australian Nut Industry Council
42 Simpsons Road
Currumbin Waters Q 4223
Phone: 0409 707 806
Nuts for Life...