Australian Agriculture Trade 2018/19
1 July 2019
|Trade
Australian Agriculture Trade 2018/19
1 July 2019
|Trade
Australian agricultural exports have increased in value for the ninth consecutive year to a record high of $50.7 billion.
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.
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