Australian horticultural exports to fall in 2014-15, says ABARES report
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has forecast a 6.2% fall in farm export earnings in 2014-15, easing off a significant rise in production this year. 
With a forecast of AUD$1.941 billion (US$1.823 billion), ABARES' 'Agricultural Commodities' report shows horticulture will be a small fraction of the AUD$41 billion (US$38.5) total, representing a year-on-year decline of 13%.
Australia's leading horticultural export category, vegetables, is set for the lowest fall in exports, declining 12% to AUD$692 million (US$649.7 million); a level that is slightly higher than the figure in 2012-13.
Tree nut exports will also still be higher than that year, but are set to witness a sharp fall of 22.9% off 2013-14 highs, dropping to AUD$387 million (US$363 million).
Fruit is Australia's second-largest horticultural export crop, with shipments set to decline by 16.5% next season to AUD$550 million (US$516 million).
In terms of production, ABARES expects Australian horticulture to be worth slightly more in 2014-15 at AUD$9.662 billion (US$9 billion).
In covering a broad range of agricultural exports, the report only mentions five specific destinations with regards to horticultural exports: Japan (AUD$134 million), the U.S. (AUD$80 million), Indonesia (AUD$76 million), China (AUD$72 million) and South Korea (AUD$18 million).
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