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.

A recovery in Australian stone fruit production is forecast in marketing year (MY) 2020/21, after MY 2019/20 was impacted by challenging seasonal conditions.

Australia reached a partial settlement with Canada on its World Trade Organization dispute over Canadian federal and provincial wine measures.