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

August 27, 2015
FAS provides summaries of the latest USDA quarterly forecasts for U.S. trade in agricultural products and a link to the joint FAS/ERS publication Outlook for U.S. Agricultural Trade.
August 25, 2015
Australia is the world's 13th largest economy, with nominal GDP of US$1.5 trillion and one of the highest levels of per capita GDP in the world.
August 21, 2015
Legislation to strengthen Australia’s biosecurity system, simplify and streamline regulation and increase flexibility in how biosecurity risk is managed received royal assent on June 16, 2015...
August 21, 2015
Australia is the world’s second largest almond producer with six percent of world output after the United States, which accounts for 85 percent of the total.