Australia and Korea are working to restore trade in poultry products
Korea is currently experiencing an outbreak of Highly Pathogenic Avian Influenza (HPAI). Millions of birds on poultry farms are being culled. This is limiting the ability of Korean poultry producers to meet domestic demand.
In response, Korea has removed import tariffs on imported eggs until 30 June 2021. This timeframe will likely be extended.
Opportunities for Australian poultry product exporters
With Australia declared HPAI-free, there is strong commercial interest in Australian eggs for consumption. There is also interest in hatchlings to help the Korean poultry industry rebuild its flock.
This may create opportunities for exporters if trade in poultry products is restored.
What exporters should do
Producers and exporters should monitor the Department of Agriculture, Water and the Environment’s Export industry and market access notices for updates.
Korea imported US$14.8 million of bird eggs in 2019; imports for the period 2014–19 averaged US$15.6 million (UN Comtrade 2019).
Australia has not exported bird eggs to Korea since 2017 (ABS 2020).