Seafood Trade Matters
The latest developments in international seafood trade & market access affecting Australian seafood exporters.
April 13, 2023
Seafood Trade Matters: China access; UK to enter CPTPP; USA seafood import requirements
China: Progress on barley dispute
The Government has announced “an agreement with China that creates a pathway towards
resolving the dispute over Australian barley”. Australia will suspend its action in the World Trade
Organization (WTO) while China conducts an ‘expedited review’ of its countervailing duties on
barley over the next 3-4 months. The WTO had been due to rule on the dispute this week.
Read the Trade Minister’s media release here.
This article from ABC provides more detail.
UK: CPTPP accession negotiations concluded
The UK Government has announced substantial conclusion of negotiations for accession to the
Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP). Trade Minister Farrell welcomed the news, which “builds on the foundations of the Australia-United
Kingdom Free Trade Agreement”.
Read the Minister’s press release here.
The Guardian reports on the negotiations here.
ABARES: Exports to rise by seven percent
According to the Australian Bureau of Agricultural and Resource Economics and Sciences’ (ABARES) Australian Fisheries and Aquaculture Outlook 2023, “the value of fisheries and aquaculture product exports is expected to increase by 7 per cent in 2022–23 to $1.37 billion,
then forecast to rise another 7 per cent in 2023–24, to $1.47 billion.”
At the same time, ABARES projects the overall value of Australia’s seafood production over the
medium term will “decline by 0.7% a year to $3.44 billion by 2027–28.” Read the full outlook
report here.
USA: Seafood import requirements report
The United States Food and Drug Administration (FDA) has released a paper on the approach it
is taking to ensure that seafood imported into the US meets food safety requirements. Read
more here.
USA: Update the Manual of Importing Country Requirements
The Department of Agriculture Fisheries and Forestry (DAFF) has notified exporters of an
update to the Manual of Importing Country Requirements (MICoR) entry for the United States.
The information has been adjusted to conform to standard fish headings. Access MICoR on the
DAFF website here.
The STAG is funded by partners:
The Seafood Trade Advisory Group (STAG) is jointly funded by the Australian government and the fishing industry. We receive funds from the Fisheries Research and Development Corporation (FRDC).which is a statutory authority within the portfolio of the Federal Minister for Agriculture, Water and the Environment.
Any information provided in this STAG publication is general in nature. Before acting on any information provided, you should consider its appropriateness to your individual circumstances and business objectives.
The STAG is managed by:
The STAG is supported by:
