September 3rd, 2024Connecting local producers to global markets

The Victorian Government has announced that it’s backing regional farmers and food and beverage businesses to increase their exports and explore new markets by partnering with the Australian Government.

Minister for Economic Growth Tim Pallas recently announced the establishment of trade managers in Barwon South West, Grampians, Loddon Mallee, Hume and Gippsland to turbocharge exports for regional Victorian businesses.

The locally-based trade managers will support new and established food and fibre businesses to enter or expand in priority export markets, while promoting the state’s food and beverage credentials internationally.

Victoria is the nation’s premier state for food and fibre, with exports increasing seven per cent in value in 2022-23 and reaching a record $19.6 billion – bringing the state close to achieving the Victorian Government’s target of $20 billion by 2030.

Partnering with Austrade to deliver TradeStart in Victoria will provide further support for Victorian businesses in addition to the 23 Victorian Government Trade and Investment offices. TradeStart advisors provide business advice, build export capability and provide connections to international markets.

The Victorian Government has provided $10 million to assist food and fibre businesses reach global markets as part of a record $45 billion investment over the past decade in projects and programs that support regional and rural Victoria.

The Victorian Government Trade and Investment international network is the largest and most effective international network of any Australian state or territory, with every dollar invested in the network returning $40 to the Victorian economy.

This story based on text from Agriculture Victoria. Images: File