South Australia Lobster Exports Hits Record High After Beijing Lifted Trade Ban

South Australia Lobster Exports Hits Record High After Beijing Lifted Trade Ban

Lobster exports from South Australia (SA) have hit record levels, less than a year after the Chinese Communist Party (CCP) lifted its trade barriers. SA lobster exports have more than doubled over the past year to $94.7 million—an increase of $54.6 million or 136 percent, according to a government statement on Oct. 10. “SA’s total seafood exports are now approaching a quarter of a billion dollars, increasing by nearly $100 million or more than 6…

SA lobster exports reach all-time record by 136 per cent - Food & Beverage Industry News

Image: coachwood/stock.adobe.comSouth Australian lobster exports have more than doubled over the past year to reach $94.7 million, an increase of $54.6 million or 136 per cent, according to the latest trade data. China was South Australia’s largest lobster market during this period, importing more than $64 million worth of the seafood in just eight months, following the lifting of trade restrictions in late December last year. Six months earlier…