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== Economy == {{Main|Economy of New South Wales}} [[File:Sydney Harbour Bridge - December 2018.jpg|thumb|The [[Sydney Harbour Bridge]] is an important tourist attraction for New South Wales.]] NSW is the largest state economy in Australia, with service industries contributing almost 80% of the state's economic activity and 90% of its employment. Business services which includes financial services; professional, scientific and technical services; property services; information media; and telecommunications, account for nearly a third of the state economy. Major merchandise exports include coal, copper, beef and aluminium. In recent years there has been strong growth in exports of education, tourism, and financial and business services.<ref>{{Cite web |date=16 March 2021 |title=About the NSW Economy |url=https://www.treasury.nsw.gov.au/nsw-economy/about-nsw-economy |access-date=8 September 2022 |website=NSW Treasury |archive-date=8 September 2022 |archive-url=https://web.archive.org/web/20220908025444/https://www.treasury.nsw.gov.au/nsw-economy/about-nsw-economy |url-status=live }}</ref> Construction accounted for 8% of the NSW economy in 2020β21, while manufacturing contributed 6%, mining 2%, and agriculture, forestry and fishing just under 2%.<ref name=":212">{{Cite web |date=19 November 2021 |title=Australian National Accounts: state accounts, Table 2. Expenditure, Income and Industry Components of Gross State Product, New South Wales, Chain volume measures and current prices |url=https://www.abs.gov.au/statistics/economy/national-accounts/australian-national-accounts-state-accounts/latest-release |access-date=8 September 2022 |website=Australian Bureau of Statistics |archive-date=17 June 2016 |archive-url=https://web.archive.org/web/20160617110448/http://www.abs.gov.au/AUSSTATS/abs@.nsf/allprimarymainfeatures/E6765105B38FFFC6CA2568A9001393ED?opendocument |url-status=live }}</ref> Coal and related products are the state's biggest merchandise export. Its value to the state's economy is over A$5 billion, accounting for about 19% of all merchandise exports from NSW.<ref>{{cite web |title=Merchandise Exports |url=http://www.business.nsw.gov.au/PDF/Trade%20and%20Investment-B3_top10_merch_exports.pdf |archive-url=https://web.archive.org/web/20090615222203/http://www.business.nsw.gov.au/PDF/Trade%20and%20Investment-B3_top10_merch_exports.pdf |archive-date=15 June 2009 |publisher=Department of State and Regional Development}}</ref> Tourism is worth over $18.1 billion to the New South Wales economy and employs 3.1% of the workforce.<ref>{{Cite web |title=Economic Value {{!}} Destination NSW |url=https://www.destinationnsw.com.au/tourism/facts-and-figures/economic-value |access-date=8 September 2022 |website=www.destinationnsw.com.au |archive-date=8 September 2022 |archive-url=https://web.archive.org/web/20220908035831/https://www.destinationnsw.com.au/tourism/facts-and-figures/economic-value |url-status=live }}</ref> === Agriculture === {{See also|Agriculture in Australia}} [[File:Oberon, NSW.jpg|thumb|[[Grazing]] fields in [[Oberon, New South Wales|Oberon]]]] Agriculture accounts for just under 2% of the NSW economy.<ref name=":212" /> NSW has the second-highest value of agricultural production of the Australian states.<ref>{{Cite web |title=Australian Agricultural Census 2015-16 visualisations |url=https://www.agriculture.gov.au/abares/data/agricultural-census-visualisations#gross-value-of-production |access-date=8 September 2022 |website=Department of Agriculture, Fisheries and Forestry |archive-date=8 September 2022 |archive-url=https://web.archive.org/web/20220908044834/https://www.agriculture.gov.au/abares/data/agricultural-census-visualisations#gross-value-of-production |url-status=live }}</ref> {{visible anchor|Wheat|text=[[Wheat]]}} is the most extensive crop in the state by hectare<ref name="2021-NSW-wheat2">{{cite web |date=10 July 2022 |title=Wheat |url=https://www.dpi.nsw.gov.au/about-us/publications/pdi/2021/wheat |access-date=10 July 2022 |website=NSW Department of Primary Industries |archive-date=10 July 2022 |archive-url=https://web.archive.org/web/20220710214746/https://www.dpi.nsw.gov.au/about-us/publications/pdi/2021/wheat |url-status=live }}</ref> amounting to 39% of the continent's harvest.<ref name="Aust-report2">{{cite web |title=New South Wales |url=https://www.agriculture.gov.au/abares/research-topics/agricultural-outlook/australian-crop-report/new-south-wales |website=Australian [[Department of Agriculture, Fisheries and Forestry (Australia)|Department of Agriculture, Fisheries and Forestry]] |access-date=22 July 2022 |archive-date=15 July 2022 |archive-url=https://web.archive.org/web/20220715201007/https://www.agriculture.gov.au/abares/research-topics/agricultural-outlook/australian-crop-report/new-south-wales |url-status=live }}</ref><ref name="Aegic2">{{cite web |date=8 March 2021 |title=Wheat |url=https://www.aegic.org.au/australian-grains/wheat/ |access-date=15 July 2022 |website=Aegic {{!}} [[Australian Export Grains Innovation Centre]] {{!}} Perth & Sydney staffed by leading industry experts |location=[[Sydney]] & [[Perth]] |archive-date=29 June 2022 |archive-url=https://web.archive.org/web/20220629222718/https://www.aegic.org.au/australian-grains/wheat/ |url-status=live }}</ref> The most important wheat-growing areas are the [[Central West (New South Wales)|Central West]], [[Orana (New South Wales)|Orana]], [[New England (New South Wales)|New England]], North-West and [[Riverina]].<ref name=":22">{{Cite web |date=26 July 2022 |title=Value of Agricultural Commodities Produced, Australia, state/territory and ASGS regions - 2020-21 |url=https://www.abs.gov.au/statistics/industry/agriculture/value-agricultural-commodities-produced-australia/2020-21 |access-date=8 September 2022 |website=Australian Bureau of Statistics |archive-date=8 September 2022 |archive-url=https://web.archive.org/web/20220908061451/https://www.abs.gov.au/statistics/industry/agriculture/value-agricultural-commodities-produced-australia/2020-21 |url-status=live }}</ref> Barley, cotton and canola are also important broadacre crops. Most cotton production is in the New England, Orana, North West and Far West regions.<ref name=":22" /> However, the southern regions of the state now produce almost one-third of the state's crop by value.<ref>{{Cite web |date=2021 |title=Cropping, cotton |url=https://www.dpi.nsw.gov.au/about-us/publications/pdi/2021/cotton |access-date=8 September 2022 |website=NSW Department of Primary Industry |archive-date=8 September 2022 |archive-url=https://web.archive.org/web/20220908064107/https://www.dpi.nsw.gov.au/about-us/publications/pdi/2021/cotton |url-status=live }}</ref>[[File:Hunter Valley Vineyards (23754488685).jpg|thumb|left|[[Vineyard]]s in the [[Hunter Region]]]]NSW produces about 20% of Australia's fruit and nuts, and about 12% of its vegetables by value. The major regions for fruit and nut production are the Riverina, Coffs Harbour-Grafton and the Murray.<ref name=":22" /> About {{convert|40,200|ha}} of vineyards lie across the eastern region of the state, with the [[Hunter Region|Hunter Valley]] and the [[Riverina]] being major wine producing regions.<ref name="Riverina2">{{cite web |date=1 July 2003 |title=From paddock to plate |url=http://www.tourism.nsw.gov.au/media/news300603a.html |url-status=dead |archive-url=https://web.archive.org/web/20090203210739/http://www.tourism.nsw.gov.au/media/news300603a.html |archive-date=3 February 2009 |access-date=7 March 2009 |work=Tourism New South Wales |publisher=New South Wales Government}}</ref> Cattle, sheep and pigs are the predominant livestock of NSW. The state has over one-third of the country's sheep, and one-fifth of its cattle and pigs.<ref>{{Cite web |date=26 July 2022 |title=Agricultural Commodities, Australia |url=https://www.abs.gov.au/statistics/industry/agriculture/agricultural-commodities-australia/latest-release |access-date=8 September 2022 |website=Australian Bureau of Statistics |archive-date=8 September 2022 |archive-url=https://web.archive.org/web/20220908061443/https://www.abs.gov.au/statistics/industry/agriculture/agricultural-commodities-australia/latest-release |url-status=live }}</ref> Australia's largest and most valuable [[Thoroughbred]] horse breeding area is centred on [[Scone, New South Wales|Scone]] in the Hunter Valley.<ref>[http://www.smh.com.au/news/New-South-Wales/Scone/2005/02/17/1108500198920.html SMH Travel β Scone] {{Webarchive|url=https://web.archive.org/web/20090225044828/http://www.smh.com.au/news/New-South-Wales/Scone/2005/02/17/1108500198920.html|date=25 February 2009}}. Retrieved on 7 March 2009.</ref> {{Clear|left}}
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