August 18th, 2022Overseas moves for Vic companies
Victorian businesses are being connected to key international markets and driving jobs
growth with a packed schedule of more than 30 trade missions around the world in the next 12 months.
The trade missions will take Victorian companies to key regions including South East Asia, the United Kingdom, Europe and the United States.
Exports play a critical role in Victoria’s economy, contributing over $44 billion annually and helping to support more than 330,000 jobs. Global Victoria’s trade programs have facilitated more than $3 billion worth of export sales over the past six years, supporting 14,400 Victorian companies in reaching key international markets.
Major Victorian employer Bulla Dairy Foods achieved record sales in China and Singapore last financial year after participating in trade missions.
The benefits of export sales are clear – the company employs more than 800 people in a range of roles with headquarters in Derrimut and plants in Colac, Mulgrave and Dandenong. Bulla started its export push in South East Asia and now sends products to more than 25 markets throughout Asia, the Middle East and the Pacific.
Technology developer Key Options has participated in a number of trade programs including missions to London Tech Week and Big Data World and CommunicAsia in Singapore. As a result, Key Options has opened an office in London to drive sales in the UK market and secured a major deal in Indonesia, South East Asia’s largest economy.
In addition to tech and food, the trade missions promote Victoria’s capability in key sectors such as health and life sciences, advanced manufacturing and sustainability.
Exporters can also access Victorian trade and investment offices in 14 countries – the largest network of any Australian state or territory – for in-market assistance.
Upcoming trade missions include participation at major international industry events such as Food and Hotel Asia and Big Data World in September and October respectively. For more information go to global.vic.gov.au.
