Trade and Investment at a Glance 2016 provides a summary of Australia's
trade, tourism and investment performance in 2015.
In 2015, Australia succeeded in breaking its two-way trade record to
exceed $668 billion, up from $662 billion in 2014, despite sluggish world
economic growth. In 2015, Australia's attractiveness as an investment
destination grew, with the stock of foreign direct investment increasing
by over seven per cent to $735 billion. These statistics and others in this
publication demonstrate that trade and investment have contributed
significantly to Australia's record-breaking 26 years of continuous
economic growth.
Australia's future prosperity will continue to be tied to how well we
maximise the benefits gained from international trade and investment
opportunities. Australia will continue to rely on inward investment and
overseas markets, particularly in Asia, to keep our standards of living high.
Our free trade agreements are a key element of the Coalition
Government's economic plan for sustained growth. With entry-intoforce
of the free trade agreement (FTA) with China in 2015, Australia
now has ten FTAs. The Coalition Government's ambitious
international trade and investment agenda includes
negotiation of new FTAs with a range of countries
which will create more commercial opportunities
for Australian businesses and lead to more jobs
at home.
I, and the Coalition Government, are focused on
achieving a stronger, safer and more prosperous
Australia as our nation continues to transition
from the post-mining investment boom to a more
diversified and resilient economic base.
The Hon Steven Ciobo MP
Minister for Trade, Tourism and Investment