Australia

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

July 1, 2015
The Australia-China Free Trade Agreement (ChAFTA) has now been signed and the detailed text released.
June 12, 2015
June 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.