FPJ1703B - Greenville, J, Duver, A & Bruce, M (2020), Playing to advantages: Raw agricultural product exports driving value creation in Australia

Australian agriculture has benefited significantly from increasing our exports in areas of competitive advantage. This has been reflected in a focus on exports of raw agricultural products (such as grains, live animals, wool, and fruits and vegetables), along with minimally transformed products such as meat. This position has led to as good, if not stronger, export performance and value creation for the Australian economy than would have likely otherwise occurred. In future, new opportunities for value creation may arise by shifting this balance. Market access, responding to emerging consumer preferences and access to imported inputs (agricultural and others) will be important for accessing these opportunities. Nevertheless, it is likely that Australia will continue to drive value creation through trade in raw products.