Australia’s Goat Meat Exports Surged 41% in 2014

Sheep And Goats October 08, 2015
Author: Alexander Romanenko
Chief Executive Officer

Australia dominates in the global goat meat trade. In 2014, Australia exported 40 thousand tonnes of goat meat totaling 218 million USD, 41% over the previous year. Its primary trading partner was the U.S., where it supplied 53% of its total goat meat exports in value terms, accounting for the lion's share of the U.S. total imports.

From 2007 to 2014, Australia was a net exporter of goat meat. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was at the same level.

Ethiopia and China were among the other main global suppliers of goat meat in 2014. However, the fastest growing exporters from 2007 to 2014 were Australia (+23% per year) and Ethiopia (+37% per year). Ethiopia significantly strengthened its position in the global export structure.

In 2014, Australia's top 5 trading partners were the U.S., Canada, the Republic of Korea, the United Arab Emirates and Trinidad and Tobago, with a combined share 69% of Australia's goat meat exports. The share of the United Arab Emirates increased (+3 percentage points), while the share of the U.S. illustrated negative dynamics (-11 percentage points).

Source: World: Goat Meat - Market Report. Analysis And Forecast To 2020