Australia’s food and grocery sector turnover totalled $125.9 billion in 2014-15, comprising:

• Food and beverage processing $103.2 billion
• Grocery (non-food) manufacturing $16.9 billion
• Fresh produce (minimally transformed) $5.9 billion

The defined industry represents 33.3 per cent of total Australian manufacturing by turnover with a combined value added of approximately $32.0 billion in 2014-15.

The total value of international trade (imports plus exports) for the food and grocery sector in 2015-16 was $66.6 billion

• Exports valued at $31.5 billion
• Imports valued at $35.2 billion

Australia is a net exporter of processed food and beverages, and fresh produce, and a net importer of grocery (non-food) manufactured product.

Australia recorded a strongly growing trade surplus in processed food and beverage products:

• Exports of processed food and beverages increased by 10.7 per cent, or from $23.5 billion to $26.0 billion in 2015-16;

• Imports of processed food and beverages increased by 13.6 per cent to $16.8 billion; and

• Trade surplus in processed food and beverages increased by 5.8 per cent to $9.1 billion.

Original article at https://www.afgc.org.au/wp-content/uploads/AFGC_State-of-the-Industry-2016.pdf