TRADE MATTERS 2012 Victoria – state trade with the world

Graph showing Victoria's trade with the world, described on the long description page.

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Shipping portVictoria's export strengths are diverse, with recreational travel, education-related travel and agricultural produce topping the list. The state has a strategic focus on fostering the drivers of export growth - innovation, collaboration and access to market intelligence - to ensure success in emerging export industries. This includes professional and information technology services and high-end manufacturing, including in the automotive industry.

About Victoria

Victoria's goods and services exports were valued at $33 billion in 2011, growing on average 2 per cent every year for the last five years. Key exports for Victoria in 2011 were education services, recreational travel, wool, dairy products and aluminium. The state accounted for 11 per cent of Australia's total exports in 2011.

2010-11 economic indicators

Estimated resident population (September 2011): 5,640,884

Real Gross State Product growth (%): 2.5

Proportion of Australian GDP (%): 22.6

Why Victoria trades

How the Australian Government encourages Victoria's trade

The Australian Government is helping Victorian exporters to become even more competitive by further reforming the domestic economy. The Government is investing in skills, education, the National Broadband Network and other infrastructure, as well as engaging in tax reform and cutting regulatory red tape.

The Government is also working to increase market access and improve conditions for exporters overseas by advancing multilateral trade liberalisation through the World Trade Organization, facilitating greater regional trade, and removing bilateral trade barriers.

Victoria and Australia's FTAs

Information and contacts

Department of Foreign Affairs and Trade
Advancing Australia's interests overseas
www.dfat.gov.au/trade

DFAT state office contact details
www.dfat.gov.au/melbourne
03 9221 5555

State government contact
www.dbi.vic.gov.au

Austrade
Information for new and existing exporters
www.austrade.gov.au
13 28 78

Australia's Free Trade Agreements
www.fta.gov.au

Australia Unlimited
Australian Government Department of Foreign Affairs and Trade