Total value of agricultural exports from Australia FY 2016-2025
In fiscal year 2024, Australia was projected to export agricultural products, including crops and livestock, worth approximately 71.6 billion Australian dollars. This figure was forecast to decline to around 68.5 billion Australian dollars in financial year 2025.
Crop industry in Australia
The crop industry in Australia plays a vital role in the country's agricultural sector, contributing significantly to both domestic production and exports. In fiscal year 2024, the value of Australia's crop exports was estimated to exceed 42 billion Australian dollars. Australia is one of the leading wheat producers worldwide. In fiscal year 2023, wheat crop production surpassed 40 thousand kilotons. To meet the growing demand, the industry is adopting innovative technologies and sustainable farming practices to improve efficiency and reduce waste. The government provides support through subsidies and investment in research and development, ensuring the industry remains competitive.
Livestock production in Australia
Livestock production is a major industry in Australia's agricultural sector, with the production value of livestock in Australia in the tens of billions of Australian dollars. The industry supports the local market and contributes to international trade, making Australia a major player in the global livestock market. Beef and veal were Australia's top agricultural exports. Overall, Australia's livestock exports were forecast to reach over 30 billion Australian dollars in fiscal year 2025.