Snapshot of agriculture, fisheries and forestry

Figure 1 Value of sector—what it's worth to GDP, 2011–12

Value of sector—what it's worth to GDP, 2011–12

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Figure 2
Gross values of production for agriculture, fisheries and forestry, 2010–11

Gross values of production for agriculture, fisheries and forestry, 2010–11

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Figure 3
Value of exports for agriculture, fisheries and forestry, 2011–12

Value of exports for agriculture, fisheries and forestry, 2011–12

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  • Around 60 per cent of Australia's agricultural production is exported.
  • Our three largest export destinations for agricultural products are Southeast Asia, China and Japan, which together account for around 48 per cent of Australian agricultural exports.
  • Australia is among the world's largest exporters of wheat, beef, dairy and wool products.
  • We are a net exporter of food with net exports of around $19 billion in 2011–12.
  • Our three largest food exports are grains and oilseeds ($11.0 billion), meat ($7.2 billion) and dairy ($2.3 billion).
  • Our three largest food imports are beverages ($2.2 billion), processed fruit and vegetables ($1.7 billion) and processed seafood ($1.3 billion).
  • Food processing is the largest sector in the manufacturing industry.
  • The total gross value of fisheries production for aquaculture and wild-catch (Commonwealth and state) was $2.2 billion in 2010–11.
  • Aquaculture accounts for almost 42 per cent of the total gross value of fisheries production.
  • Forestry plantations supply around three-quarters of all logs harvested in Australia.
  • The value of forest product exports in 2011–12 was $2.2 billion, with woodchip exports accounting for around 33 per cent.

Source: Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)