Australian exporters are benefiting from free trade agreements with key trading partners and most intend to expand into new markets, according to a report released today.
Australia's International Business Survey 2016 (AIBS 2016) Highlights Report shows 67 per cent of exporters believe the outlook for their business is better compared to 2015, following the successful completion of free trade agreements (FTAs) with China, Japan and Korea.
The report found 78 per cent of exporters were planning business in additional overseas markets over the next two years, with the top new target locations being China, the United States, India, the United Kingdom and Indonesia.
Media release: Australia benefiting from free trade agreements