Australia: Record revenues from agricultural exports

Increase in income from agricultural exports by 17%. season 2022/2023 Above-average harvests and high global prices have delivered record agricultural export earnings for Australia in the 2022/23 financial year. According to the Australian Ministry of Agriculture, the value of exports of agricultural, fishing and forestry goods increased by 17%. compared to the previous year to 80.4 billion Australian dollars (1 Australian dollar = PLN 2.6088, NBP 2024-02-09) The most important recipient is still China In terms of value, China remained the most important recipient as an individual country with approximately EUR 10.4 billion, which constituted over one fifth of the total value of agricultural exports. The ASEAN group of countries was also very important, accounting for 23.6%. revenues from exports of agricultural products worth EUR 11.6 billion. Other important export destinations are Japan with EUR 3.7 billion and South Korea with EUR 3.1 billion. Agricultural exports are expected ...