This chapter outlines the main features of two important primary industries in Australia - forestry and commercial fishing.
The forests and wood products industries, based on native and plantation forests, employed approximately 91,400 people in 2003-04. The value of both exports and imports of forest products was substantial at $2.1 billion (b) and $3.9b respectively in 2003-04, making Australia a net importer of forest products.
Australia's fisheries resources are diverse. Over 3,000 species of marine and freshwater fish, and at least an equal number of crustacean and mollusc species, occur in waters in and around Australia. Less than 600 of these are commercially fished. However, almost all the major known fish, crustacean and mollusc resources are fully fished. Aquaculture, or 'fish farming', is an alternative to harvesting the naturally occurring fish stocks and has considerable potential as a way to ensure the sustainability of harvesting yields.
The gross value of Australian fisheries production, at the point of landing, was about $2.2b in 2003-04, of which aquaculture accounted for 34%. The value of exports and imports of fisheries products stood at $1.6b and $1.1b respectively in 2003-04, making Australia a net exporter of these products.