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By world standards, Australia is a relatively small producer of grain, with the major cereals, wheat and barley each accounting for around 3% of annual world production. However, as domestic demand is limited due to Australia's small population, about 80% of our wheat and barley is exported. This results in Australia accounting for between 8% and 15% of world trade in each of these grains, and making it the fourth largest exporter after the United States, Canada and the European Union.
By far the largest enterprise in the Australian grain industry is wheat production. Wheat represents around 90% of the total value of grain production. The balance of around 10% includes barley, oats, sorghum, lupins, rice, field peas, triticale, maize, peanuts, sunflowerseed, soybeans, cottonseed and other oilseeds.