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Export readiness under the spotlight

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Government credit export agency the Export Finance and Insurance Corporation (EFIC), has launched its third annual Global Readiness index (GRi), an important piece of research that reveals the current destinations for Australian exporters and offshore investors, their motivations, and the barriers they face in going global. GRi results offer comparative analysis for exporters against others on an industry, state and national level. "The 2010 GRi will provide Australian business with a comprehensive picture of the opportunities and challenges on the path to participating in today's global supply chains," said EFIC managing director Angus Armour. "We also expect it to give some interesting insights into the impact of the global economic downturn on the appetite of Australian businesses to invest in offshore expansion." Last year, more than 700 exporters participated in the GRi, most of which were small to medium-sized businesses. See EFIC's Global Readiness index site at www.efic.gov.au/gri to find out more. The survey runs from March 1-31.

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