Gulf Cooperation Council Free Trade AgreementComprehensive Economic Partnership Agreement • May 30th, 2022
Contract Type FiledMay 30th, 2022The dairy industry is the third largest rural industry in Australia and is a key sector of the rural and agricultural economy. Dairy generated $4.7 billion in farmgate value in the 2020-21 financial year with the sectors exports totalling $3.3 billion for the same period. Australia is a significant exporter of dairy products. It ranks fifth in terms of world dairy trade, with a five per cent market share behind the United Kingdom, New Zealand, the European Union, and the United States.