Australian Exports to China are now being impacted severely. Meat and Wool exports are experiencing huge hurdles atm.
Meat:
The Northern Cooperative Meat Company (NCMC) in Casino in northern New South Wales has product stuck on the docks in China waiting for Chinese government and business employees to go back to work.
The Chinese Government has ordered workers to stay at home and shut ports as part of a range of measures to control the spread of the virus, and it's affecting a range of Australian industries.
Brett Hosking from the Grain Growers lobby group said the outbreak "posed a real challenge for agriculture" as permits were not being issued or vessels unloaded and some manufacturing plants were being affected. "If not shutdowns, we're seeing slow downs," Mr Hosking said.
"Vessels that have already sailed, loaded with fresh Australian, healthy agricultural products are not able to be unloaded or processed as timely as possible."
Wool:
Wool processors across mainland China have been shut down due to coronavirus fears, with the impact on Australian woolgrowers still uncertain.
With about three-quarters of wool produced in Australia sold to China, producers are concerned about a slowdown in demand. Landmark's North-East Wool manager, David Hart, said the situation in China was volatile.
"The banks are also closed, so opening letters of credit for exporters to ship wool into China has been nigh on impossible."
Coronavirus hits NSW meat exporter
