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Australia is the world’s second-largest producer and exporter of almonds, behind only the United States, and the industry continues to grow.
As a result of the increase in the 2025/26 production estimate, the 2025/26 wheat import forecast is reduced to 1 million tons.
In 2024, U.S. exports of agricultural and related products to Honduras totaled $1.3 billion, representing a 38.2 percent share of the market and a 1.3 percent increase over the previous year.
Australia is a prosperous, industrialized nation with a stable economy that fosters an open and transparent trade and investment environment.
Pakistan is an important market for U.S. food and agricultural-related products, with U.S. exports surpassing $910 million in 2024.
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.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
Honduran coffee production is forecast to reach 5.52 million 60-kilogram bags in marketing year (MY) 2024/25 and rise to 5.80 million bags in MY 2025/26.
A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.
Sugar production in 2025/26 is projected to reach 6.6 million tons, which is 13.7 percent higher than the 2024/25 estimated production. This increase is based on expectations for improved sugar content and average cane yield.
Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade.
Wheat production is projected to fall to 27.5 million tons in 2025/26 due to a decrease in cultivated area and extremely dry weather. This shortfall in domestic production is expected to lead to increased imports, forecast at 1.7 million tons.