Agriculture in Australia: Exporting Wheat as a Major Revenue Source

AGRICULTURE IN AUSTRALIA 1
AGRICUTURE IN AUSTRALIA
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AGRICUTURE IN AUSTRALIA 2
The export market has proved to be a convenient bazaar for many countries in the world.
Australia is a good example of a country which has embraced the export market by selling its
products to foreign countries. An enormous number of laborers have been employed in the
agricultural sector thus making the country a major producer and exporter of agricultural
products. Statistics show that Australia mostly gets its revenue from agricultural business which
results in a more stable economy.
Wheat is a top agricultural export product from Australia. According to Australia Bureau
of Agriculture and Resource Economics and Science (ABARES), wheat produces an average of
12.5% of all other exported agricultural products in Australia (Yasin, 2015, p. 132). Wheat is
grown in both small-scale farms and large-scale farms thus making the product more adequate
thus boosting this product to be sold in the global market. Depicted below is an analytical study
of an agricultural product that is widely exported from Australia.
The diagram below helps us to visualize how wheat product in Australia has enormously
and actively been involved in the export market (Yasin, 2015, p. 162).
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AGRICUTURE IN AUSTRALIA 3
(Yasin, 2015, p. 165)
As the above table portrays, wheat product is exported mainly from Australia where over
16 million tons were shipped in the year 2016. Wheat is a winter crop with sowing in autumn
and then harvested on summer and spring. Some of the primary states that produce wheat are;
New South Wales, Western Australia, north Australia, and Victoria.
Western Australia is essentially the major state that exports wheat overseas. Major
potential foreign markets for wheat include; Indonesia, South Korea, Japan, Malaysia and Sudan.
Australia produces approximately 50% wheat to the export market thus generating $2-3 billion
each year. The country is well known to produce high-quality white wheat that is mostly grown
in the Western Australia that produces bright white flour with high milling yield. As above
indicated Indonesia is the largest market of wheat from Western Australia since the quality of the
wheat is high (Malcolm, 2015, p. 143).