To support South Australian exporters amid ongoing challenges in the global trading environment, the government will provide assistance through a $5 million investment.
The state budget includes $2.5 million per annum in 2025–26 and 2026–27, dedicated to programs that further support the industry while diversifying connections with importers in new international markets.
“South Australia has been setting new export records in the past two years and achieving incredible results which support more than 220,000 jobs across our state,” said minister for trade and investment, Joe Szakacs.
“This has been achieved despite the most turbulent global trading environment that many of us have witnessed in our lifetimes. Our government has stood with them and provided support to diversify, re-engage and thrive in difficult times.”
South Australian exporters have indeed set new records in the past two years, with the latest ABS figures showing more than $900 million of wine and live lobster exported to China. Following the $1.85 million Wine Exporters China Re-Engagement Support Program and the $475,000 Seafood Export Growth Program, the food and beverage sector has seen a significant increase in exports.
The new $5 million investment will fund capability development programs to strengthen export sectors including wine, seafood and primary produce.
“From South Australia’s global powerhouses of wine and advanced manufacturing, through to emerging growth in food manufacturing and sports technology, South Australia is at our best when we front-foot challenges and seek growth and diversification,” Szakacs added.
“New programs in the next two years will be delivered in consultation with local exporters to ensure that we are responding to their specific needs and evolving threats and opportunities in a fast-changing global market.”
The state government has already taken steps to assist businesses aiming to seize new opportunities, including showcasing 14 South Australian wine brands with Canada’s Liquor Control Board of Ontario (LCBO).