Key Export Markets
Key Export Markets
NSW primary industry exports
Exports of NSW primary industry products were valued at approximately $5.01 billion87, down 7% year-on-year. Due to state level data restrictions on cotton exports imposed in 2018, the adjusted estimated export value is $6.12 billiony, similar to the estimated value in 2017–18. Primary industry exports, as defined by NSW DPI, represented around 9.3% of total NSW exports in 2018–19.
China remains NSW’s largest export market valued at a record $1.97 billion, an increase of 12% year-on-year. The importance of China in our agricultural supply chains has become even more pronounced, reaching an equal record market share of 39%, which is likely understated due to the cotton data limitations. Exceptional demand for beef and sheepmeat was influenced by a range of factors such as African swine flu, US-China trade tensions, and lower tariffs under the China/Australia Free Trade Agreement driving changes in demand.
Exports to the US also grew strongly in 2018–19, up 13% year-on-year and NSW’s second largest market at $615 million. The growth was underpinned by an increase in demand for sheep and goatmeat, up by 29% to $237 million. Exports to Japan grew by 10% year-on-year to a 12-year high of $613 million, driven by gains across the board for major exports. Beef and sheepmeat demand grew, while the combined growth of nut (macadamias) and wheat exports added an additional $26 million in 2018–19.
NSW livestock exports featured prominently with beef ($1.8 billion) and sheepmeat ($927 million) both reaching record levels in 2018–19. Wool exports ($807 million), mainly to China, were only second to last year’s record exports. Strong livestock export growth was recorded over most key markets, with livestock exports to Saudi Arabia reaching $73 million on the back of beef and sheepmeat demand.
Cropping exports were severely impacted by the drought conditions in 2018–19, although they were clouded by restrictions on the state level cotton export data. Excluding cotton, all other cropping exports were down 78% to just $221 million as much of the reduced grain and fodder production was retained onshore for domestic consumption and animal feed supplementation.
Horticultural exports were one of the strongest growth sectors in 2018–19, with the total export value reaching $458 million, up 26% year-on-year. Exports to China flourished with industries like nuts, citrus, grapes and cherries all recording substantial growth. Many of these industries have benefitted from improved market access requirements.
NSW Exports to
Africa
Middle East
Asia
Oceania
Europe
Americas
- Cropping
- Livestock
- Horticulture
- Fisheries
- Forestry
Top 10 export destinations
Download (.XLSX) Source: GTA (2019)
