The total regional export estimate for Corangamite is $1,259.763 million.
Agriculture Forestry Fishing makes up 38.10% of Corangamite's exports.
Other export industries include mining (26.81%) and manufacturing (23.90%)
Western Victoria is a major supplier of dairy products such as milk, cheese, yoghurt and products with longer shelf life such as milk powders.
Western Victoria represents more than 30% of Victoria's production and 23% of national milk output.
The dairy industry is one of Australia's major rural industries. Based on a farmgate value of production of $4.6 billion in 2007/08.
Dairy is also one of Australia's leading rural industries in terms of adding value through further downstream processing. Much of this processing occurs close to farming areas, thereby generating significant economic activity and employment in country regions. ABARE estimates this regional economic multiplier effect to be in the order of 2.5 from the dairy industry. (From Dairy Australia)
Dairy Products Manufacturing makes up 13.58% of the Regional Exports of Corangamite.
Mining
Oil and Gas Extraction is the major mining industry in Corangamite. Gas fields at Port Campbell include the BHP Minerva gas plant, Woodside Otway gas project and the TruEnergy underground gas storage site.
