Department of Industry, Science and Resources - Australia resources and energy exports set to fall back in 2023–24

Tuesday, October 3, 2023


3 October 2023

Commodity export earnings are forecast to fall from last year's record $467 billion to $400 billion in 2023–24, and $352 billion by 2024–25. World demand is soft, and improved supply conditions for some commodities will also see prices retreat further from the extraordinary peaks of 2022.

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