Northern Territory trade volumes surge
The Department of Foreign Affairs and Trade has today published a new report: Australia's Trade by State and Territory 2012-13; which provides a complete statistical guide to exports and imports of goods and services for each state and territory.
The Northern Territory's rate of trade growth stood out in 2012-13, with both export and import volumes up more than 15 per cent on the previous year. Exports volumes from Western Australia and Queensland also grew strongly, up 9 per cent and 6 per cent, respectively.
Australian farmers benefited from a 10 per cent increase in exports of unprocessed food to $15.2 billion. Exports of oilseeds (mainly canola) increased strongly for Victoria and New South Wales (both up around 100 per cent to $721 million and $469 million respectively). Queensland registered strong growth in exports of vegetables (up over 50 per cent to $455 million). Western Australia's wheat exports were up 46 per cent to $2.7 billion.
Western Australia remained Australia's export powerhouse accounting for $122.7 billion – or 41 per cent – of Australia's total exports, followed by New South Wales and Queensland with 21 per cent and 18 per cent, respectively. New South Wales remained Australia's leading destination for imports, accounting for 34 per cent (or $109.4 billion), followed by Victoria, Queensland and Western Australia.
In many industries, knowledge is the key to success. And the quality of information is paramount. The Department publishes an extensive range of trade and economic statistics, which are available publicly on the Department of Foreign Affairs and Trade website.
To assist Australian businesses, the Department also offers a trade data consultancy service, which can produce reports tailored to specific requirements. For further information, email email@example.com.
- DFAT Media Liaison: 02 6261 1555