There has been discussion about Australia’s dairy exports.
The industry is made up of 4 distinct sections.
Manufacture and import
Consumption and export.
While there are quite a few variations and combinations in cheesemaking, these figures assume cheddar cheese for simplicity.
The figures show that Australia manufactures a bit more than it consumes, but imports extra cheese which makes up the difference.
The imports comprise of high cost specialty cheese and low cost bulk cheddar and mozzarella which allows higher value cheddar to be exported.
Due to differing sources of information and differing cheese types, there will be discrepancies.
However, the overall situation is well described by the graph in my opinion.
I look forward to comments.