Australia’s Red Meat Exports to China Fully Resume as Beijing Lifts Ban on Final Two Companies

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Australian beef sold at a supermarket in Shanghai on June 14, 2024.

Beijing has lifted its ban on two Australian meat processing companies, paving the way for a full resumption of red meat exports to China, Anthony Albanese, Australia’s Prime Minister, said Tuesday.

His Australian Labor government welcomed the development, he said. It follows the lifting of suspensions on eight beef processing facilities over the past year.

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Beijing lifted bans on two Australian meat processing companies, fully resuming red meat exports to China, with 2023–2024 revenues expected to exceed $2.2 billion.
Trade barriers between Australia and China, which cost A$20 billion in exports, are nearly resolved, forecasted to restore and create jobs.
Diplomatic improvements since 2022 led to resumed exports, including wine and lobster, contributing to an 8.2% increase in 2023 bilateral trade, valued over A$300 billion.

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What Happened When

Between 2020 and 2022：: Around 10 Australian meat companies were subject to sanctions after growing trade tensions between Australia and China.

May 2022：: Albanese's Labor government came to power in Australia, improving relations with China and leading to a gradual resumption of Australian exports.

2023：: Suspensions were lifted on eight Australian beef processing facilities.

2023：: Bilateral trade between Australia and China exceeded A$300 billion, with an 8.2% increase from the previous year.

March 2024：: China ended anti-dumping and countervailing duties on Australian wine, which had been imposed since 2021.

October 2024：: The Australian government announced an agreement with China to fully resume live rock lobster exports by the year's end.

Tuesday, December 3, 2024：: Beijing lifted its ban on two Australian meat processing companies, and China's General Administration of Customs updated its meat export eligibility list to reinstate the companies.

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