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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.
Czechia has emerged as a promising market for high-value U.S. food and agricultural products, including tree nuts, fish and seafood, beef, distilled spirits, wine, and various food preparations.
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.
Ethiopia’s coffee production for marketing year 2025/26 is projected to reach 11.6 million 60-kg bags, supported by favorable weather, increased productivity from rejuvenated aging trees, and the use of improved inputs such as high-yielding seedlings.
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.
Post forecasts Ethiopia’s wheat production to reach 6.5 million metric tons (MT) in MY 2025/26, driven by improved yields and expanded irrigated farmland. In the same period, wheat imports are projected to decline by 24 percent to 1.3 million MT.
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.
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.
Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.
After four successive years of big cotton crop production in Australia, the forecast for marketing year (MY) 2025/26 falls to 4.1 million bales, 13 percent above the previous 10-year average.
Australia's 2025 Federal Budget allocates significant funds to support and grow the agriculture, fisheries, and forestry sectors, with measures focused on climate resilience, trade, and food security, including funding for drought preparedness, emissions reduction, and market access.