Victorian food and fibre export performance 2016–17
As Australia's largest food and fibre exporter, Victoria accounts for 25 per cent of Australian food and fibre exports, while accounting for just 3 per cent of the total landmass.
In 2016–17, Victoria accounted for 79 per cent of Australia's dairy exports, 55 per cent of wool exports, 46 per cent of horticultural exports and 38 per cent of prepared food exports.
Prepared foods had a strong year, earning $1.5 billion in 2016-17, increasing 12 per cent from the previous year. Continued growth in exported prepared foods was consistent with the innovation shown by more Victorian businesses, which are creating new products and seizing value-adding opportunities.
Citrus exports rose; table grapes and almond exports made up 63 per cent of all horticulture exports from Victoria, and wine exports continued to perform strongly.
One of the strengths of the Victorian food and fibre sector is its diversity, with a number of sectors doing well in 2016-17, and key markets such as China, India and Vietnam continuing to grow strongly.
While market and climate forces will continue to influence our export performance year to year, the Victorian Government is committed to working with producers to respond to these changing conditions and helping grow the Victorian food and fibre sector in value, profitability and ingenuity.
The government's Food and Fibre Sector Strategy, released in March 2016, is a long-term plan for investment and jobs growth in this important sector. Importantly the strategy includes a number of actions to increase exports, build capacity, strengthen connections with customers, and grow market access.