Soap, Stocks And Abalone Win Victorian Export Awards

First released by the Minister for Trade and Investment, 17 October 2017. Click here to read the full article.

Tim Rudge, General Manager Yumbah Aquaculture Narrawong, with The Hon Linda Dessau AC. Photo credit: Kit Haselden

Victoria’s best exporters were acknowledged at the 38th Governor of Victoria Export Awards (GOVEAs), with businesses in digital stock trading, goat soap and abalone each taking home prestigious awards.

Pepperstone Group, DPP Pharmaceuticals and Yumbah Aquaculture were presented with awards for digital technology, agribusiness and e-commerce respectively.

Melbourne-based Pepperstone Group also won the Victorian Exporter of the Year Award as one of the world’s fastest growing foreign exchange brokers with clients in more than 170 countries.

DPP Pharmaceuticals, made famous by its ‘Goat Soap’, has continued to take advantage of e-commerce and sold more than 350,000 units of Goat Soap in one day last November as part of China’s yearly ‘Singles Day’ – the largest online shopping day in the world.

Yumbah Aquaculture, based in south-west Victoria, was founded in 1999 and is currently the largest abalone producer in the southern hemisphere, supplying close to 60 per cent of all cultured abalone produced in Australia.

The GOVEAs increase exposure for local businesses at both a national and international level, giving them more opportunities to create international connections and local jobs.

This year’s GOVEA awards attracted more than 50 high-profile business applications from across Victoria, with high representation throughout the state’s regional areas and across the emerging e-commerce category.

Exports of goods and services are incredibly important to Victoria’s economy and were valued at more than $46 billion in the year to June – the strongest growth in the country and the highest in Victoria in the last five years.