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AEGIC - Indonesian Market
Description
Indonesia is, by far, Australia’s biggest single wheat customer. Each year, on average, Indonesia buys 4.2 million tonnes of Australian wheat, worth 1.2 billion dollars. That’s nearly one quarter of all Australian wheat exports.
But the threat from low-cost wheat producers, such as Russia and Ukraine – as well as ongoing competition from premium suppliers like Canada and the US – is putting the squeeze on Australian exports to Indonesia.
AEGIC, the Australian Export Grains Innovation Centre, is an initiative of GRDC and the WA State Government that exists to increase the value of Australian grain.
In this podcast AEGIC CEO Richard Simonaitis talks about the opportunities and challenges facing Australian wheat exports to Indonesia.
Further information:
Keir Tunbridge
AEGIC Communications Coordinator
0409 991 817 (08) 6168 9904
keir.tunbridge@aegic.org.au
www.aegic.org.au
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