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Agricultural commodities

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Up-to-date data and information

ABARES commodity forecasting and analysis provides up-to-date data and information on Australian and world markets for agricultural commodities. Key publications include:

  • Australian crop report—quarterly crop update
  • Agricultural commodities—short and medium term commodity outlook
  • Agricultural commodity statistics—historical statistics

The latest commodity forecasts are published and presented at ABARES regional and national Outlook conferences.

Through this process ABARES collects and publishes domestic and international agricultural statistics, including seasonal conditions, production, consumption, exports, imports and prices.

Contribution of Agriculture to the Australian economy, 2016-17 — In 2016–17 Australia had 85,000 farming enterprises and the agricultural sector employed 250,700 people. The gross value of agricultural production was $62 billion, the value of agricultural exports $49 billion and the contribution to GDP 3%.

Share of agricultural production exported, 3 year average, 2014-15 to 2016-17. Over the 3 years from 2014–15 to 2016–17, the average share of agricultural production exported was 70%. By industry, this share was: cotton 98%, wool 98%, sugar 78%, beef and veal 76%, canola 75%, wheat 71%, mutton and lamb 72%, dairy products 41%, horticulture 18%, and pig and poultry 6%.

Australia’s key agricultural export markets, 2016-17 — In 2016–17 the value of exports to Australia’s key agricultural markets was China $10.1 billion, Japan $4.7 billion, the European Union $3.8 billion, the United States $3.7 billion, Indonesia $3.5 billion and the Republic of Korea $3.5 billion.

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Last reviewed:
06 Mar 2019