Australia
U.S. Trade with Australia in 2022
Export Market Rank
#19 Among U.S. Agricultural Export Markets
Total Export Value
$1.64 Billion
3-Year Average
$1.62 Billion
Compound Average Growth
-0.44% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Australia in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Dairy Products | $216 Million | 55,691 | $159.26 Million | 58% |
| Distilled Spirits | $141.52 Million | --- | $123.17 Million | -5% |
| Pork & Pork Products | $133.09 Million | 35,665 | $202.72 Million | -24% |
| Dog & Cat Food | $127.72 Million | 38,018 | $90.04 Million | 44% |
| Food Preparations | $114.69 Million | 8,297 | $116.96 Million | 21% |
| Fresh Fruit | $89.44 Million | 33,239 | $105.95 Million | -27% |
| Forest Products | $78.35 Million | --- | $105.87 Million | -20% |
| Condiments & Sauces | $58.36 Million | 22,643 | $44.74 Million | 47% |
| Dextrins, Peptones, & Proteins | $54.78 Million | 16,363 | $52.51 Million | -9% |
| Other Intermediate Products | $51.96 Million | 17,495 | $39.81 Million | 35% |
Data and Analysis
Milk production for 2024 in Australia is forecast to increase by 0.6 percent to 8.50 million metric tons (MMT) after stabilizing in 2023 at an estimated 8.45 MMT from previous years of declining production. The forecast is amid an El Niño weather pattern in late 2023, likely to continue into 2024.
The Australian federal government supports biotechnology and has committed considerable long-term funding to research and development.
Wheat and barley crops have had a great start to the season, with high soil moisture reserves and good rains in the fall. But rainfall has been well below average from July to September 2023.
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...