Australia's trade highlights 2007-08
The value of Australian produced exports rose by 8.6 per cent in 2007-08 to $234.3 billion, according to the DFAT latest analysis of trade data.
Exports of primary products, elaborately transformed manufactures and services were all higher during the period, but exports of simply transformed manufactures fell slightly.
The rise in Australia's exports was more than offset by an 11.5 per cent rise in imports during the financial year which was underpinned by robust domestic consumption and investment. As a result, the trade deficit increased by $7.9 billion to $20.6 billion.
For more information, see Exports of Primary and Manufactured Products 2007-08
Latest trade news
- Diplomatic Appointment - Australian Ambassador and Permanent Representative to the World Trade Organization (WTO), 19 December
- Australia–Korea free trade agreement preparatory talks conclude, 19 December
- Australia Committed to Efforts to Break Impasse in Doha Round, 13 December
- Minister for Trade welcomes WTO market access deal with Kazakhstan, 12 December
- Minister for Trade Simon Crean to hold trade policy talks in Washington, 10 December
DFAT Submissions
- DFAT Submission to the National Aviation Policy Statement
- DFAT Submission to the Review of Australia's Textile, Clothing and Footwear Industry [ PDF ]
- DFAT Submission to the Review of the National Innovation System [ PDF ]
- DFAT Submission to the Review of Australia's Automotive Industry 2008 [ PDF ]
Seeking Submissions
- Do you have a view on a possible Free Trade Agreement between Australia and the Republic of Korea?
- DFAT continues to seek public submissions and comments on Australia's participation in TPP negotiations.
- Do you have a view on the proposed Australia-India Free Trade Agreement?
- Theft of intellectual property is a growing problem in world trade. A new standard of intellectual property (IP) enforcement to combat the high levels of trade in counterfeit and pirated goods worldwide is being proposed.
More information on Australia's trade performance
Trade balance seasonally adjusted
November 2008
