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So far this year, Australia has exported 230 million Australian dollars worth of wheat to China. Australian white wheat is of high quality and can be blended with different domestic wheat.
So far this year, CBH accounted for 35% of Australia's total exports to China, ie 250,000 tons, while AWB exported 300,000 tons. GrainCorp, Elders Toepfer and Glencore Australia also exported wheat to China.
According to Australian government data, Australia’s wheat exports to China have tripled this year. In the nine months to June 30, Australia exported 740,000 tons of wheat to China, of which 80% of wheat was shipped using large cargo ships and 20% of wheat was shipped using containers. This accounts for 7% of Australia’s total wheat exports. In contrast, Australia exported a total of 238,000 tons of wheat to China in 2008/09.