Economic impact
Economic impact
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- Sub heading: Market access facts
- Hero heading 1: $1.3 billion
- Hero heading 1 - subtitle: total value of Australia's livestock export revenue
- Hero heading 2: 10,000
- Hero heading 2 - subtitle: Number of jobs generated across Australia
- Hero heading 3: $300 million
- Hero heading 3 - subtitle: Minimum net cost to producers if live trade ceased
Australia’s $1.3 billion livestock export trade is a major source of employment in the national red meat sector, which is now the country’s largest value-added manufacturing industry.
Australia’s cattle exports are worth $1.2 billion annually, sheep exports are worth $82 million, and goats exports are valued at about $3.9 million.
Economic modelling conducted by ABARES and the Centre for International Economics has found that Australian livestock exports generate about 10,000 jobs across Australia and that a cessation of the trade would impose a net cost of about $300 million annually on Australian livestock producers.
Live cattle exports are a key economic activity which generates economic growth across northern Australia at a time when the development of this part of the nation is seen as an important element of future national economic development.
$1.3 billion
total value of Australia's livestock export revenue
10,000
Number of jobs generated across Australia
$300 million
Minimum net cost to producers if live trade ceased
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The Burns Centre, Level 2 28 National Crt
Forrest Canberra ACT 2603
PO Box 4225 Manuka ACT 2603
Phone: +61 2 6103 0839
Email: info@livexcouncil.com.au