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Showing posts with the label Australia customs data

Australia's food & Beverages Market Trends Analysis FY 2023

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  Australia is a niche market for high-quality bakery, cereals, flours and confectionery items. Dairy, meat and grains are the key agricultural produce of Australia. According to Australia import export data , the overall meat exports of Australia were recorded to be $11.5 billion during fiscal year 2023. Compared to FY 2022, there was a significant increase of 3% in Australia's meat exports during FY 2023. Bovine meat was the top export from Australia with worth over $7.6 billion in 2023. Bovine meat represents 19% of Australia's overall exports.  Sheep or Goat meat was the second most exported item from Australia with $3 billion worth. The top destinations for Australian meat exports were the United States ($2.5 billion), China ($2.3 billion), South Korea ($1.5 billion) and Japan ($1.4 billion). The top meat export companies from Australia were Kilcoy Pastoral, Fayman International and JBS Australia Pty Limited. Wheat is the second major export from Australia representing 1...

Australia's agribusiness sector bought $18 Bn revenue last year

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  Agriculture is a major contributor in the Australian economy. Australia is a major producer and exporter of cereals crops globally. According to Australia import export data , the country's overall agriculture, forestry and fisheries products exports hit a record $80 billion during fiscal year 2023. Australia nearly exported 70% of its agricultural production last year. From $40 billion to $80 billion, Australia's agricultural industry has come a long way. Grains, oilseeds and pulses are the major contributors in Australia's agricultural exports registering 10% growth every year. Whereas, meat, live animals, fruits and vegetables accounted for 5% and 4% share respectively.  Australia export data shows nearly $18 billion in earnings were recorded last year. The key Australian exports includes sugar, beef, mutton, lamb, canola, wheat, rice, dairy products, and poultry items. Australia's top performing export products, sugar (80%), beef (75%), mutton (76%), canola (60%)...

Australia, "World's Leading Wool Exporter"

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  Currently, Australia is ranked the leading wool exporter in the world. It is the 14th most exported item by Australia. Australia import export data shows that over $3.5 billion worth of wool was exported by the country during FY 2022. Australia's wool exports grew significantly as compared to the financial year 2021. During FY 2021, Australia's wool exports were estimated to be around $2.2 billion. Australia export data shows China as the leading wool importer from Australia.  Australian wool sales to China skyrocketed during FY 2022 as it hit a record $1.7 billion. Secondly, Italy has made a record $155 million wool imports from Australia in FY 2022. India, Czech Republic, South Korea, Egypt, Thailand, Germany, United Arab Emirates and Japan were other key importers of Australian wool. Fox & Lillie, Techwool Trading, Millway Merino, Scanlan Wools and Australian Merino Exports are the top Australian wool export companies. Fox and Lillie company from Australia had over ...

Australia, "A leading iron ore exporter globally"

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Australia has huge iron ore reserves across the globe. Australia is among the leading exporters of iron ore globally. According to the Australia import export data , Australia exported over 88 billion dollars in FY 2022. Australia has contributed to over 54% share of the global iron ore exports.  Australia iron exports showed great interest among Asian countries as the majority of the exports were to Asian countries only. As per Australia export data , China accounted for the maximum share of iron ore exports, having over 90% share. Japan was the second leading iron ore importer from Australia followed by Japan, South Korea, Taiwan, Indonesia and India. Earlier in 2021, the major importers of Australian iron were Vietnam, Indonesia, Philippines and India. Some of the top Australian iron ore export companies were Posco International Corporation, Hope Dwons Marketing Company, BHP Billiton Marketing, Rio Tinto Commercial and Chichester metals. The latest Australia customs data of Augu...

Australia's engineering imports from India up by 9%

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  Engineering goods and machineries are the key imports of Australia. Australia relies heavily on the imports of machinery equipment in order to support the country's manufacturing sector. As per Australia import export data reports, during the fiscal year 2023, communication equipment manufacturing imports were estimated to be $16 billion during this year. The other key equipment imports of Australia are computer and electronics office equipment, audio visual electronic equipment, measuring scientific equipment manufacturing. Australia customs data reports show that engineering goods imports by Australia were recorded to be $7.5 billion this year.  Australia's majority of the engineering goods imports came from India which are estimated to be $595 million in the last three months. Australia's majority of the engineering goods imports came from India which are estimated to be $595 million in the last three months. There was around a 9% increase in the engineering imports ...