The United States and Australia have a very strong trade relationship. In fiscal year 2014, U.S. exports of agricultural and related products to Australia reached $1.5 billion, while U.S. imports from Australia totaled $3.3 billion. Top U.S. agricultural exports include pork, dairy, prepared foods, and fresh fruit.

The United States has had a free trade agreement with Australia since 2005. Australia is generally active in international trading fora and strongly supports greater U.S. economic engagement in the Asia-Pacific region, making it a key strategic ally. However, Australia has a stringent quarantine regime that restricts or bans the import of many agricultural products. Australia is participating in the Trans-Pacific Partnership (TPP) negotiations, offering further opportunities to break down trade barriers and expand market access for U.S. food and agricultural products.

Data & Analysis

November 11, 2015
Australia is a major producer of raw materials and processed foods but imports a growing volume of food and beverages.
November 10, 2015
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton.