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
FAS China forecasts commercial production of in-shell walnuts to rebound 11 percent to 1.5 MMT in MY 2024/25 supported by favorable growing conditions in major production areas. Improved world supplies and changing dietary concepts will likely drive nut imports to continue rising.
Attaché Report (GAIN)
Australia: Australia and the United Arab Emirates Announce Trade Agreement Negotiations Have Concluded
Australia and the United Arab Emirates announced that negotiations on a new trade agreement, the Australia-United Arab Emirates Comprehensive Economic Partnership Agreement, have concluded.
Australia is experiencing a cost-of-living crisis due to rising inflation. Consumer behavior and societal trends are driving shifts in shopping habits. Meanwhile, sustainability, waste reduction, food integrity, and healthy eating are key factors influencing product choices.
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...