Australian Seafood Trade and Market Access International trade is an important part of the Australian seafood industry. It has been estimated that around 70 percent of the edible seafood Australians consume is imported, predominantly from Asia. IT IS Australia's most popular fish when eating out, yet more than half of it is not from Australia and often there's no label to tell you. Advertisement Now, though, lobster fishers are staying home. Michael is joined by John Susman, Director of seafood sales & consultancy at Fishtales, for his take on why Australia imports so much seafood. Its appetite for live rock lobster makes up about half the value of Australiaâs seafood exports (A$660 million of A$1.4 billion). UPDATE: For an up-to-date map showing 2017 data for where Australia imports its food from, see this new Story Map. Demand â¦ 2007 marked a shift in the Australian trade balance as the country became a net seafood importer, with the trade gap only widening since then. This interactive food imports map displays the top five countries from which Australia imports processed and unprocessed fruit and vegetables, meat, seafood, cereal, dairy and sugar. Interestingly, Australia has the worldâs largest wild-caught abalone fishery. Asian suppliers dominate the market with their warm water fish and seafood that are preferred by local consumers. Specific licences are required by any company importing wine, dairy products, meat, seafood and fruits. Beach prices were AUD 90-100 per kilogram ($60.81-$67.57/kg). Why Australia is not making the most of its China seafood opportunity Michael Smith China correspondent Updated Jun 28, 2018 â 10.26am , first published at Jun 27, 2018 â 11.00pm With such a long coastline and a relatively small population, people often question why Australia imports so much of its seafood. "Chinese importers build up stocks held in tanks for Chinese New Year. from Asia, Australia, Europe, the Middle East and the United States, it is one of the worldâs most open ... fish and seafood products are exempt from import duties. Simon Wilkinson News Corp Australia â¦ Only licensed importers can handle import procedures and have the right to import products, with different product categories requiring different import licences / permit and distribution channels. The export industry has ground to a halt in Victoria, Western Australia, South Australia and Tasmania as China usually imports about 90 to 95 per cent of locally-grown lobsters. Australiaâs fisheries and aquaculture industry is a minor global player, producing less than 0.2 per cent of global fisheries and aquaculture supply. Australia is the leading exporter of coal briquettes with a 40.3% share of an annual export market worth $142 billion. In 2014, Australia produced nearly 5 000 tonnes of abalone, which includes almost 900 tonnes from aquaculture. The economic ripple effect of coronavirus hits Australia's seafood industry, with staff laid off and businesses facing the prospect of closure, one operator says. India (25.1%), Japan (24.1%), and China (18.6%) are the top importers of coal briquettes from Australia.