Food and fibre hit

VICTORIA risks losing its crown as Australia’s agriculture powerhouse, while at the same time New South Wales’ food and fibre exports are booming with a nearly $1 billion increase in 2020-21, boosting its total share of our nation’s agriculture exports by two per cent. Pictured is a combine harvester in action. Photo: SPEC FILE.

By Lizzie Hallam

April 08, 2022 | 6:00 PM

HALF-A-BILLION has been wiped from Victoria’s food and fibre exports according to new figures released this month.

The Victorian Food and Fibre Export Performance Report 2020-21 showed that food and fibre exports from Victoria were valued at $14 billion, a decrease of $476 million (down three per cent) on 2019-20.