Australia
U.S. Trade with Australia in 2024
Export Market Rank
#17 Among U.S. Agricultural Export Markets
Total Export Value
$1.64 Billion
3-Year Average
$1.55 Billion
Compound Average Growth
0.54% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Australia in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Pork & Pork Products | $327.77 Million | 90,697 | $224.46 Million | 90% |
| Dairy Products | $173.13 Million | 45,669 | $163.42 Million | 25% |
| Distilled Spirits | $130.52 Million | --- | $121.92 Million | 4% |
| Dog & Cat Food | $106.46 Million | 24,861 | $92.1 Million | 31% |
| Fresh Fruit | $88.13 Million | 28,603 | $98.09 Million | -22% |
| Essential Oils | $83.6 Million | 865 | $48.8 Million | -1% |
| Food Preparations | $81.02 Million | 5,330 | $111.19 Million | -34% |
| Baked Goods | $59.24 Million | 19,146 | $49.23 Million | -10% |
| Processed Fruit | $53.75 Million | 13,067 | $54.58 Million | -14% |
| Processed Vegetables | $53.26 Million | 37,468 | $60.84 Million | -32% |
Data and Analysis
The Australian federal government continues to demonstrate strong and sustained support for biotechnology, evidenced by its considerable, long-term funding commitment to research and development in the sector.
Australia’s barley production is forecast to reach a record level in MY 2025/26, while wheat production is projected to be the third highest on record.
Australian consumers are prioritizing value and convenience, compelling retailers to become more competitive by focusing on price, loyalty programs, and online sales. Despite facing inflationary pressures with significant price rises in food and beverages, the sector has boosted revenue through technology and efficiency.
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...