Welcome to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), the science and economics research division of the Department of Agriculture, Fisheries and Forestry.

What Asia Wants

In 2050, Asia is projected to have 5.3 billion consumers, presenting opportunities for Australian ag exporters through the benefits of a large consumer base with diverse preferences.

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Agricultural R&D investment on the rise

Agricultural R&D continues to be a good investment, with ABARES estimates indicating that $1 of R&D investment generates a return of around $7.82 in agricultural gross value added.

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Farming's record run to continue

Australian agriculture benefitting from a third consecutive year of high rainfall, with sector production value expected to reach $90 billon this financial year.

Read the Agricultural Commodities report

Strength behind the numbers

Snapshot of Australian Agriculture 2023 shows the sector continues to grow and perform strongly in a number of key areas.

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