Exports continue to grow in the June quarter
The value of exports of goods and services rose
0.5 per cent to $54.6 billion in the June quarter 2007.
This was the 16th consecutive quarterly rise in export
values and followed rises of 1.2 per cent in March and
0.4 per cent in December 2006. Export volumes rose
0.8 per cent while prices received fell
0.3 per cent.
For the 2006-07 financial year, exports rose
10 per cent to $216 billion. Export volumes rose
4 per cent, while export prices increased
6 per cent.
Australia's trade performance is highlighted and analysed
in the Spring 2007 issue of Trade Topics: A Quarterly Review of
Australia's International Trade, released today by the
Department of Foreign Affairs and Trade (DFAT).
The Spring 2007 issue of Trade Topics features a number
of trade-related articles. The issue leads with an article
highlighting the strengthening of the Asia-Pacific Economic
Cooperation medium-term work agenda on trade and investment arising
from the recently-held APEC Leaders' and APEC Ministerial
meetings in Sydney. There is also an article on recent world trade
trends. The final article looks at Australia's diamond trade
and the United Nations-backed Kimberley Process Certification
(KPCS) Scheme, which was established to curb the illicit trade in
'conflict diamonds'. Australia is a founding member of
KPCS and implements its obligations through customs legislation and
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. 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
The publication is one of a series of trade publications
published each year by DFAT. Full electronic versions of the
publications are now available free-of-charge on the departmental
website at www.dfat.gov.au/trade.
An option to purchase hard copies of the publications is also
available at the website.
Media Inquiries: DFAT Media Liaison on 02 6261 1555