Why North America?
North America is the world’s largest regional economy.
North America is the world’s largest regional economy, and the US is Queensland’s fastest growing major export market in 2025.
Queensland’s relationship with the US is built on a shared history, strategic alignment, economic opportunity and deep engagement.
It is a powerful player in the global economy, especially for the development of new technologies and the provision of investment capital. Its sophisticated capital markets and financial structures provide vital support mechanisms for innovative SMEs to expand into these growth markets.
Queensland-United States Trade and Investment Strategy 2026 - 2028
The US is undergoing a major industrial and security reset to strengthen economic resilience and technological leadership focusing on industrial self-reliance, supported by large-scale federal programs in critical minerals, advanced manufacturing and supply chain security.
The Queensland-United States Trade and Investment Strategy 2026-2028 focuses on initiatives to drive trade, investment and partnership outcomes between Queensland and the US, leveraging the 2032 Olympics runway, strengthening allied supply chains, and positioning Queensland as a trusted partner in biomedical innovation, energy security and premium food production.
Queensland’s reputation for stability, sustainability and high production standards positions it to be a long-term partner with the US, contributing to future growth for both countries.
$5.4 billion of goods were exported to the US in 2025
The US is Queensland’s 5th largest export market
The US is a highly diversified market with demands for many Queensland products
Learn how to sell online to US markets
As the world’s largest consumer market worth $19.8 trillion, e-commerce continues to grow rapidly in the US, accounting for 16.1% of total retail sales in 2024.
Queensland exporters are increasingly well positioned to access the US market through e-commerce channels. Australian brands are viewed favourably in the US for their quality, safety, sustainability and authenticity — particularly across categories such as food and beverage, health and wellness, beauty, agtech and lifestyle products.
Key partnerships
The US is a key Queensland export market and trade and investment partner.
AUKUS is a trilateral security partnership between Australia, the United Kingdom (UK) and the US to enhance defence ties and jointly develop advanced defence technologies to promote Indo-Pacific stability. AUKUS was announced on 15 September 2021 by Australian, UK and US leaders.
The United States-Australia Critical Minerals Framework is a bilateral agreement to strengthen cooperation on mining, processing, and investment to secure diversified, resilient supply chains for critical minerals and rare earths essential to defence, energy, and advanced technologies. It establishes coordinated policy tools, financing, and project development to accelerate supply while reducing reliance on concentrated global sources and managing supply chain risks.
The Quadrilateral Security Dialogue (Quad) - Australia, Japan, India and the US – is a strategic partnership promoting a free, open Indo-Pacific. While rooted in security, it also advances cooperation on infrastructure, supply chains, technology, and economic issues. The Quad strengthens regional leadership and deepens ties, offering a platform for collaboration in shared priorities such as energy, digital innovation, and critical minerals.
The Australia-United States Free Trade Agreement (AUSFTA) entered into force on 1 January 2005. Under AUSFTA, Australian companies also have access to the federal government procurement market in the US and the government procurement markets of 31 US states.
Attractive potential to market opportunity
North America is the largest market for funding and commercialising innovative technologies and already attracts many technology firms from Queensland and other parts of Australia.
The Queensland-United States Trade and Investment Strategy 2026-2028 outlines initiatives to drive trade, investment and partnership outcomes between Queensland and the US, leveraging the 2032 Olympics runway, strengthening allied supply chains, and positioning Queensland as a trusted partner in biomedical innovation, energy security and premium food production.
Strategic priority sectors
- Resources and energy
- Critical and enabling technologies
- Life sciences and health innovation
- Sports infrastructure
- Defence, aerospace and national security
- Food and agribusiness (including AgTech)
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