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Exports

Australian Horticultural Exports Reach Record High in 2024/25

Strategic Insights

— 2 min read

A surge in Australian horticultural exports has lifted the total value by $760 million, or 28 per cent, to a record $3.5 billion in 2024/25, with almonds and macadamias leading the charge. Strong supply and the trade dispute between China and the US have driven demand towards Australia, resulting in record volumes and value of Australian almond exports. Macadamias have also performed strongly, with the value of macadamia exports rising 47 per cent to $277 million, accounting for almost half of all horticultural exports.

Key Takeaways:

  • Australian horticultural exports reached a record high of $3.5 billion in 2024/25, a growth of $760 million or 28 per cent compared to the previous year.
  • Almonds and macadamias led the growth, with the value of almond exports rising by 67 per cent to $1.3 billion and macadamia exports rising by 47 per cent to $277 million.
  • Export growth of almonds to China lifted by $339 million, with the average export price paid per tonne rising by 22 per cent.
  • The sector now accounts for almost half of all horticultural exports, with the value of macadamia exports reaching $277 million, accounting for 46 per cent of total horticultural exports.
  • The value of Australian fruit exports grew by 8.6 per cent to a record $1.6 billion in 2024/25, led by table grapes, which lifted by $105 million to $599 million.
  • The value of citrus exports lifted to a record $577 million, with oranges leading the growth, rising by 17 per cent to $326.5 million.
  • Vegetable exports declined to $278 million, a drop of 3 per cent, due to the Indian market not being available.
  • The potato sector remains a bright spot in the vegetable industry, growing by 13 per cent to $60 million.
  • China remained Australia's largest export market for horticultural produce for the tenth consecutive year, with $1.2 billion of export value accounting for 34.5 per cent of all exports in 2024/25.

Statistics:

  • Total horticultural exports reached a record $3.5 billion in 2024/25, a growth of 28 per cent compared to the previous year.
  • Almonds and macadamias account for almost half of all horticultural exports, with the value of macadamia exports reaching $277 million, accounting for 46 per cent of total horticultural exports.
  • The value of table grape exports lifted by $105 million to $599 million, representing a growth of 21 per cent.
  • The value of citrus exports reached a record $577 million, with oranges leading the growth, rising by 17 per cent to $326.5 million.
  • Vegetable exports declined to $278 million, a drop of 3 per cent.
  • Potato exports grew by 13 per cent to $60 million.
  • China accounted for 34.5 per cent of all horticultural exports in 2024/25, with $1.2 billion of export value.

Sources:

  • Bendigo Bank's Australian Agricultural Exports Report for the last financial year.

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