Market Opportunities

23/11/2023
by Admin

ASEAN Pacific Business Alliance recommends that Companies, SMEs and Corporates as part of their global marketplace initiatives consider developing export opportunities with ASEAN and Pacific Island regions. 

Australia Market
ASEAN and Pacific Island consumers view Australian products as high quality and Australia suppliers are geographical in proximity to the ASEAN and Pacific Market, than suppliers in other western countries. There is a demand for imported products such as beef and poultry, dairy products, fruit and vegetables, wheat and other grains, organic fertilizers, cotton and wool, as well as processing equipment, technology and other machinery.

ASEAN and Pacific Market
ASEAN is a leading exporter of rice, coffee, rubber, pepper and cashews as well as aquaculture products and various fruits. Due to the surge in ASEAN and Pacific textile and garment industry, the country has a high demand to import cotton. Australia is one of the top five suppliers globally exporting cotton to ASEAN and Pacific. The country is the largest aquaculture producers in South East Asia, exporting seafood to over 160 countries globally.

Enhanced Economic Engagement Strategy (EEES)
Many Australian businesses see enormous potential in developing business relations with ASEAN and Pacific Island, and through the Enhanced Economic Engagement Strategy (EEES), it will increase the economic growth and ongoing bilateral trade collaboration between the Australia the ASEAN and Pacific Island regions.