Victoria's agriculture and food industries

Overview of Victoria’s agriculture

  • Victoria’s gross value of agricultural production (GVAP) was $17.5 billion in 2020–21, a decrease of 1.6 per cent from 2019–2020. Victoria is Australia’s second largest agricultural producer by value, with Victoria’s GVAP representing 25 per cent of Australia’s GVAP.
  • In 2020-21, there were around 150,100 people employed in Victoria’s agriculture production and manufacturing sectors – 67,600 in primary production and 82,450 in food and beverage manufacturing. More than 75 per cent of employment in agriculture production is in regional Victoria.
  • There were 21,600 farm businesses in Victoria in 2020–21, managing 11.4 million hectares or 50 per cent of the state’s total land area. Of the entire agricultural land, 38 per cent was used for cropping and 51 per cent for grazing.

The economic factsheet below highlights the recent performance of Victoria’s agriculture sector, including trends in gross value of production, employment, farming businesses, and exports. The statistics presented in the factsheet and fast facts are sourced from the Australian Bureau of Statistics unless otherwise stated.

Victoria’s agriculture industry fast facts

  • Ranked by value, grains ($3.55 billion), horticulture for human consumption ($3.24 billion), milk ($2.86 billion), beef ($2.58 billion), and sheep meat ($1.9 billion) are Victoria’s most valuable agricultural commodities.
  • The industry fast facts below supplement the Food and Fibre Economic Factsheet, providing timely and consistent statistics on the recent performance of Victorian agricultural industries.

Victoria’s food and fibre export performance

  • Victoria’s food and fibre exports reached a record high, valued at $17.9 billion in 2021-22 – a 29 per cent increase on the previous year.
  • The 2021-22 results cemented Victoria’s position as Australia's largest food and fibre exporter by value, accounting for 26 per cent of the national total.
  • Victoria’s top five food and fibre exports were grains ($4.4 billion), meat ($4.3 billion), dairy ($2.5 billion), animal fibre ($1.9 billion) and horticulture ($1.4 billion).
  • China ($4.4 billion), the USA ($1.6 billion), Japan ($1.5 billion), New Zealand ($951 million) and Indonesia ($841 million) were Victoria’s most valuable food and fibre markets in 2021-22, accounting for around 52 per cent of Victoria’s food and fibre exports.

Key highlights of Victoria’s food and fibre exports, including a downloadable brochure, data tables, and an interactive dashboard, can be accessed here.

Farm-level economic performance data

For more information on farm-level economic performance data visit the Agriculture Victoria's website on Dairy Farm Monitor Project. and Livestock Farm Monitor Project.

Victorian agriculture interactive map

This interactive map provides access to a wide range of agricultural data including processing and production information for the different industry sectors as well as environmental and infrastructure data.

Invest in Victorian Agriculture

Discover more about the excellent investment opportunities available across Victoria’s agriculture and food processing sectors.

Invest in Victorian Agriculture
Page last updated: 16 Feb 2023