The world’s food and fibre is increasingly being produced within global production networks that span a number of countries.

Australian agriculture is already part of these chains and benefiting through export and employment growth. However, while global value chains are offering new opportunities, both within agriculture and for the sectors that support it, recent trade disruptions and a lack of progress in multilateral trade negotiations pose risks. For Australian agriculture, continued growth opportunities will require further opening of import markets, along with more open bilateral and multilateral trade in agriculture and food products.