The United States and Australia have a very strong trade relationship. In fiscal year 2013, U.S. exports of agricultural and related products to Australia reached $1.64 billion, while U.S. imports from Australia totaled $2.75 billion. Top U.S. agricultural exports include fruits, vegetables, pork products, eggs and related products, condiments and dairy products.
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.