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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.
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.
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.
As of May 10, 2025, Costa Rica’s National Animal Health Service (SENASA) has streamlined the facility registration process for U.S. dairy products.
FAS/San José projects marketing year 2025/2026 coffee production to decline by 10 percent as a result of the effects of the biennial coffee production cycle, after a high production year in 2024/2025.
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.
FAS/San José expects sugar production in marketing year 2024/2025 to decline by seven percent to 394,000 metric tons (MT). Lower production is the result of adverse weather conditions during the development stage of the sugarcane, as well as during the early stages of the harvest.
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.