Transcript
Speaker 26
opportunities. >> 100%. Thank you. And and just back to the department in relation to the uh the recent high frequency data um since the start of the 25 26 financial year um what did the agricultural export volumes show for the first 7 months of the financial year and how does it compare to last year this time?
Speaker 19
>> Uh thanks Senator for your question. Um that's actually quite quite pertinent in terms of timing because the the data for December actually came out uh just just I think uh middle of last week. Um what it shows that it shows quite strong um growth in terms of agricultural exports um uh in the 2025 calendar year versus the 2024 calendar year. Um and so for example uh and I just need to do some of Dr. Greenville's maths on the run. um 12% increase in the overall value of uh agricultural, fisheries and forestry exports in the 2025 calendar year versus the 2024 calendar year. Um and uh strong growth in terms of some of the key markets. Um uh China up, US up, uh Japan slightly up, uh Indonesia up all in terms of value. >> Great. >> And that's the 2025 calendar year.
Speaker 26
>> Thanks. and your uh your ability to do that math on the run is noted as well.
Speaker 1
>> Thanks chair. >> Thank you Senator Lean. Senator Mull.
Speaker 27
>> Thank you chair. Um while we are on that export data Mr. Campbell um that came out last week which showed some strong results across commodities. Um can you just clarify whether that data um breaks down to a state of origin for those exports? Um, and if so, how did Queensland in particular fare in 2025 compared to 2024?
Speaker 19
>> Uh, thanks so much. Uh, yes, that data is actually quite granular. We get quite a quite a detailed data feed uh that is fed into my team as well as uh Dr. Greenville's Abe's team um in terms of um in terms of the agricultural exports and that is broken down by state. Um in terms of uh state by state um let's start starting with Queensland. Um >> good place to start. >> Starting with Queensland hypothetically um agricultural exports uh from Queensland um to the rest of the world are up doing a bit of maths on the run up 19% 2025 versus 2024. >> And what what's driving that particular growth Mr. Campbell? Uh well, Queensland exports to China are up 34%. Uh ex uh Queensland exports to the United States are up 20%. Uh Korea they're up 15%, Japan up 16%, India also up 16%. Uh India's been the one that's shown the the greatest growth over over recent years. So we go back to >> 2020, Queensland exports to India were 14 million. They're now 2025 they're over a billion dollars. Uh so it's quite significant in terms of commodities. Um it's across across the board really. Mandarins are up 29%. Um my personal favorite mung beans are up 48%. Um Queensland mung beans to the rest of the world. >> Um Awful's up 13%.
Speaker 27
>> Okay. Um does that data in that data can you go to uh to particularly red meat and what the uh the value of the red meat export out of Queensland was for 2025.
Speaker 19
>> I can I can senator. So the just looking at beef and ve um 2025 Queensland exported $9.6 billion um of beef and ve to the world. And just
Speaker 27
on the dollar, how does that compare dollar value to to last year? So to the
Speaker 19
previous year in 2024. >> Uh so in 2024 it was 7.4 billion and it's now $9.6 billion. So that's about a 29 30% increase. 29%
Speaker 27
increase. >> Okay. And more than $2 billion. Um and my my last question um is we've heard a bit about the free the free trade agreements um that this government has been working on. and understand our trade minister is overseas at the moment um working on a trade agreement free trade agreement with the UA uh with the EU but I just want to quickly touch on the UAE and whether or not if you've got any data on um whether the new UAE trade deal has resulted any increase in in beef or red meat export.
Speaker 19
>> Uh so I can kind of look directly at the state of Queensland. Um, so in 2025, Queensland exported $29 million worth of beef to the UAE. Uh, we compare that to, and that was the 2025 value. We compare that to 2024, and that was $167 million, um, which is a 25% increase.
Speaker 27
>> Thank you for that, Mr. Campbell. I know the Queensland senators have the numbers on the committee at the moment, but to be fair to my Tasmanian colleagues. Um, I just want to quickly switch shift gears and have a and just ask a question to Minister Chisum, please. Uh, around the $300 million foresty growth fund.