Browse Data and Analysis

Australia is a prosperous, industrialized nation with a stable economy that fosters an open and transparent trade and investment environment.

Australia’s milk production in 2025 is estimated to decline to 8.6 million metric tons (MMT), following a significant 2.3 percent increase in 2024. The growth experienced in 2024 has stalled, primarily due to very dry conditions across southwest Victoria and South Australia.

Australia is a major producer of raw materials and processed foods but imports a growing volume of food and beverages.

The outlook for winter grains production in Australia has deteriorated due to particularly adverse seasonal conditions, including lower than expected spring rainfall and record temperatures.

Australian milk production is expected to rise slightly in 2016 to 9.8 million metric tonnes, due to higher milk yields and improved seasonal conditions.

Australian sugar production is projected to reach five million tonnes in 2015/16 assuming that average seasonal conditions prevail.

Livestock and livestock products is a significant industry in Australia and accounts for one fifth of farm production while beef farms manage three quarters of all agricultural land.

The Australian federal government is very supportive of biotechnology and has committed considerable long-term funding to research and development.

The Australian Department of Agriculture has released the draft Biosecurity (Biosecurity Import Risk Analyses) Regulation 2015 (BIRA regulation) for public consideration.

Australia is the world's 13th largest economy, with nominal GDP of US$1.5 trillion and one of the highest levels of per capita GDP in the world.

Legislation to strengthen Australia’s biosecurity system, simplify and streamline regulation and increase flexibility in how biosecurity risk is managed received royal assent on June 16, 2015...

Australia is the world’s second largest almond producer with six percent of world output after the United States, which accounts for 85 percent of the total.