Australian Agriculture Trade 2018/19
The cattle industry experienced the largest increase in export value growth in 2018/19, up by $1.9 billion to $12.3 billion, a bittersweet result given the drought-induced destocking activity, which resulted in increased production.
On the horticulture front, nuts led the way achieving a rise in export value growth of 39.1 per cent, followed by fruit (22.1 per cent) and vegetables (18.4 per cent).
Other growth commodities in 2018/19 were cotton (+$418 million), sheep (+$393.7 million), wine (+$130.6 million), dairy (+$110 million) and sugar (+$27.9 million). Meanwhile cropping, wool and seafood exports declined in value in 2018/19.
Australian Agricultural Trade Annual Review 2017/18
This year’s Australian Trade Annual Review has been released and reports the value of Australian agri-food exports have grown for the eighth consecutive year, exceeding $50 billion for the first time. The report shows that the sector has remained resilient in the face of increasingly challenging seasonal conditions. Most agricultural sector exports lifted in value with stand out sectors being beef, sheep meat, wool and wine. The dairy sector saw export growth for the first time in four years.
Approximately two-thirds of agricultural produce is exported with beef and cattle, together with cropping topping export value. Most sectors continued to capitalise on strong Asian demand with China accounting for 23.7 per cent of Australia’s total export value, growing by 16 per cent.
Indonesia is the country’s leading wheat export destination. The review reports that export value to Indonesia decreased due to a decline in live cattle exports however the recently negotiated Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) free trade agreement could see an improvement in export value to Australia’s fifth largest agri-food export market.
Australian Agriculture Trade Performance 2016/17 Report
This year's Ag Answers Australian Agriculture Trade Performance Annual Review has been released and shows the total value of Australian agri-food exports has increased by $3.9 billion to almost $50 billion.
The Review finds that this upsurge in export value is predominantly due to the bumper year for Australia’s grains and fibre exports, which resulted in the cropping export value rising by $3.7 billion last year alone.
Australian Agri-food Trade 2015/16 Report
The inaugural Ag Answers Australian Agri-food Trade 2015/16 report provides in-depth analysis into Australia’s agri-food trade performance across nine sectors – cattle and beef, crops, wool and cotton, sheep, milk and milk products, wine, horticulture, sugar and seafood.
The report shows which key commodities are contributing to Australia’s sixth consecutive annual increase in agri-food exports, taking exports to a total of $46 billion.
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