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VIC Premier
Victoria’s food and fibre producers have beaten the odds to deliver a record $14.5 billion in exports for 2019-20, despite the challenges thrown at them by drought, bushfires and the global pandemic.
Victoria is Australia’s largest food and fibre exporter, accounting for 28 per cent of total national exports. Today’s release of the 2019-20 Victorian Food and Fibre Export Performance Report
shows that Victoria is still on-track to reach its target to grow food and fibre exports to $20 billion by 2030.
While China continues to be Victoria’s highest value market for commodities such as horticulture and dairy, South East Asia and North America are becoming increasingly important markets, with exports to South East Asia growing by 8 percent and North America by 7 per cent. Indonesia, Malaysia and the Philippines are major markets for Victorian dairy, grain and horticulture and will continue to present strong export opportunities.