Media release from the Australian Department of Foreign Affairs and Trade

11 January 2007

Export Growth Broad Based in the September Quarter

The value of Australia’s exports of goods and services rose to $53.5 billion in September quarter 2006, a one per cent rise in seasonally adjusted terms. For the 12 months to September 2006, exports were 18 per cent higher at $204.1 billion.

Exports growth in the September quarter was broad based with rises in most export categories. Exports of rural goods rose four per cent to $6.7 billion (with export volumes up five per cent), resulting from strong growth in cereal exports. Exports of minerals and fuels rose two per cent to $18.1 billion (with export volumes up three per cent). Exports of manufactures rose 3 per cent to $10.8 billion, with Simply Transformed manufactures (STM) down four per cent and Elaborately Transformed Manufactures (ETM) up four per cent. Exports of services grew three per cent to $11.2 billion, with rises in Transportation, Travel and Other services. These increases were partly offset by a fall in gold exports, down 23 per cent to $2.5 billion.

The export results are contained in the Summer 2006 issue of Trade Topics: A Quarterly Review of Australia’s International Trade, released today by the Department of Foreign Affairs and Trade (DFAT).

Trade Topics, brings together a range of statistical information produced by Australian government agencies and international organisations, together with analysis of the latest trade developments, designed to keep Australians informed of market conditions and trends.

The Summer 2006 issue of Trade Topics features a number of trade-related articles. They include articles on Australia’s trade with Thailand and Singapore. They outline the key factors that have influenced our trade with these two countries, including since the entry into force of the Thailand-Australia Free Trade Agreement (TAFTA) in January 2005 and the Singapore-Australia Free Trade Agreement (SAFTA) in July 2003. The next article outlines Australia’s high and rising resources exports to China and India and their different resource requirements. The last article, APEC 2006, reports on outcomes from the Political Leaders meeting at this year’s Asia Pacific Economic Cooperation (APEC).

Trade Topics includes quarterly and annual data on Australia’s trade in goods and services by commodity, market, level of processing, and State and Territory as well as selected macroeconomic, commodity price and investment information.

The publication is one of a series of trade publications published each year by DFAT. Copies can be purchased through the Market Information and Analysis Section (ph 02 6261 3114, fax 02 6261 3321 or email statssection@dfat.gov.au). The analysis and summary tables from publications, and an order form, are available at: www.dfat.gov.au/publications/statistics.html.

Media Inquiries:  DFAT Media Liaison on 02 6261 1555