Victoria's export performance
Victorian food and fibre accounts for over 27 per cent of Australian food and fibre exports.
Victoria’s total food and fibre exports were valued at $14.2 billion in 2018–2019. This is up 1 per cent on the previous financial year:
- food was valued at $10.4 billion, up 2 per cent of the previous year
- fibre products were valued at $3.8 billion, down 2 per cent on the previous year
- meat is Victoria's largest value export at $4.1 billion up 23 per cent on the previous year.
The food and fibre sector is an important economic driver for Victoria. It contributes an estimated 5.9 per cent to Victoria’s Gross State Product (GSP) and employs 6.4 per cent of the workforce.
The sector generates over 200,000 jobs such as pickers, transport and logistics export companies and packers. In Victoria, 87 per cent of agricultural employment is concentrated in regional areas.
A key strength of the sector is its diversity, with several industries doing very well in 2018–19.
The highest value markets in 2018–2019 were:
- for meat exports — USA at $1bn, up 28 per cent on the previous year
- for horticulture exports — China at $566 million, up 133 per cent on the previous year
- for wine exports — China at $190 million, up 13 per cent on the previous year.
Exports increased in:
- Beef — up 35 per cent
- Stone fruit — up 51 per cent
- Almonds — up 63 per cent.
Exports to Vietnam increased by 10 per cent and exports to South Korea increased by 31 per cent
Download the Victorian food and fibre export performance 2018–19 report: