Australia
U.S. Trade with Australia in 2023
Export Market Rank
#18 Among U.S. Agricultural Export Markets
Total Export Value
$1.49 Billion
3-Year Average
$1.48 Billion
Compound Average Growth
-1.18% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Australia in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Pork & Pork Products | $247.01 Million | 70,615 | $209.8 Million | 36% |
| Dairy Products | $179.2 Million | 45,294 | $163.53 Million | 3% |
| Distilled Spirits | $138.56 Million | --- | $122.05 Million | 5% |
| Food Preparations | $94.88 Million | 7,194 | $117 Million | -32% |
| Dog & Cat Food | $89.36 Million | 27,498 | $90.12 Million | 3% |
| Fresh Fruit | $85.09 Million | 30,507 | $102.13 Million | -34% |
| Processed Vegetables | $58.76 Million | 40,299 | $62.24 Million | -13% |
| Other Intermediate Products | $51.59 Million | 25,460 | $41.11 Million | 5% |
| Baked Goods | $50.62 Million | 16,635 | $49.15 Million | -13% |
| Dextrins, Peptones, & Proteins | $45.66 Million | 13,084 | $51.07 Million | -1% |
Data and Analysis
Milk production for 2025 in Australia is forecast to increase by 1.1 percent to 8.8 million metric tons (MMT) after strong growth of 2.7 percent for 2024 at an estimated 8.7 MMT from previous years of declining production.
The Australian federal government’s strong support for biotechnology is evident in its considerable long-term funding commitment to research and development. Despite the contentious nature of biotech in Australia, the federal government remains a strong proponent, investing heavily in research and development and approving various genetically engineered crops for commercial use.
Australian winter crops have had very challenging seasonal conditions for MY 2024/25, including low soil moisture at planting, below-average rainfall, and frost damage.
News and Features
Australia, Canada, Japan, New Zealand, the Republic of Korea, and the United States issued a joint statement following the conclusion of the 2022 APEC Food Security Ministers Meeting hosted by Thailand.
The Agriculture Innovation Mission (AIM) for Climate will increase and accelerate global innovation research and development on agriculture and food systems in support of climate action.
Seven USDA-led Agricultural Trade Missions are scheduled for next year in continuing efforts to increase export opportunities. USDA Radio’s Rod Bain talks to Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney about the 2020 trade...