Raw milk of cattle — Terms of trade in Australia
Australia: Raw milk of cattle — Terms of trade was 77.94 % in 2024. ▼ Falling
Raw milk of cattle — Terms of trade in Australia, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for raw milk of cattle — terms of trade in Australia is 77.94 %, measured in 2024.
Compared with earlier readings it is up 5.5% on the previous year and down 11.1% over ten years.
Over the whole period, raw milk of cattle — terms of trade in Australia peaked at 187.12 % in 2010 and was at its lowest, 54.9 %, in 2022.
Australia ranks 61st of 93 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Raw milk of cattle — Terms of trade in Australia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 187.12 % | — |
| 2011 | 151.19 % | -19.2% |
| 2012 | 114.5 % | -24.3% |
| 2013 | 104.86 % | -8.4% |
| 2014 | 87.63 % | -16.4% |
| 2015 | 110.56 % | +26.2% |
| 2016 | 108.02 % | -2.3% |
| 2017 | 80.32 % | -25.6% |
| 2018 | 79.94 % | -0.5% |
| 2019 | 82.69 % | +3.4% |
| 2020 | 91.14 % | +10.2% |
| 2021 | 62.91 % | -31.0% |
| 2022 | 54.9 % | -12.7% |
| 2023 | 73.88 % | +34.6% |
| 2024 | 77.94 % | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 110.68 % | 79.94 % | 187.12 % | 10 |
| 2020s | 72.15 % | 54.9 % | 91.14 % | 5 |
Countries ranked near Australia
More agriculture & rural data for Australia
- Agriculture, forestry, and fishing, value added (current US$), annual 13.97 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0227 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,476 current US$ per person (2025)
- Rural population, annual growth rate 0.5855 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1228 units per person (2025)
- Share of GDP from agriculture 2.3% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.3% (2025)
- Agricultural raw materials exports 1.7% (2025)
- Agricultural raw materials imports 0.5% (2025)
Frequently asked questions
- What is raw milk of cattle — terms of trade in Australia?
- Raw milk of cattle — terms of trade in Australia was 77.94 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest raw milk of cattle — terms of trade recorded in Australia?
- The highest recorded value was 187.12 % in 2010.
- What is the lowest raw milk of cattle — terms of trade recorded in Australia?
- The lowest recorded value was 54.9 % in 2022.
- How does Australia rank for raw milk of cattle — terms of trade?
- Australia ranks 61st out of 93 countries with data for 2024.
- Is raw milk of cattle — terms of trade rising or falling in Australia?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Raw milk of cattle — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK