In 2001, Australia exported 66% of total beef and veal production and 55% of total sheepmeat production (carcase weight). By comparison, the United States exported only 8% of its beef and veal production.

Australia’s large production base, coupled with a small domestic market, means access to overseas markets is crucial to the continued success of the Australian red meat and livestock industry.

Globalisation of the red meat and livestock markets is a major priority and growth in international trade is imperative for the success of the Australian industry.