South Australia was the standout state in terms of trade growth in 2013-14, according to a new government report.
Exports from South Australia rose by 9.3 percent in 2013-14, while import volumes were up 6.7 per cent on the previous year.
Export volumes also grew from Western Australia (up 7.4 per cent), Queensland (up 4.7 per cent), Victoria (up 1.9 per cent) and NSW and the Northern Territory (both up 0.8 per cent).
Offsetting these rises were falls in export volumes from Tasmania (down 13.7 per cent) and the Australian Capital Territory (down 9.6 per cent).
The trade figures were contained in the Australia’s Trade by State and Territory 2013-14 report released by the Department of Foreign Affairs and Trade (DFAT).
The report provides a complete statistical guide to exports and imports of goods and services for each state and territory.
According to the report, iron ore and concentrates and coal were the top exports for four of Australia’s states, amounting to $106.6 billion (or 32.2 per cent) of total exports.
Western Australia ($72.5 billion) and South Australia ($1.6 billion) were the main exporters of iron ore and concentrates while Queensland ($19.3 billion) and NSW ($13.3 billion) were the main exporters of coal.
Leading destination for imports
In 2013-14, Western Australia remained Australia's major exporter accounting for $138.0 billion – or 41.7 per cent – of Australia's total exports.
NSW followed with 18.1 percent, while Queensland accounted for 16.5 per cent.
NSW remained Australia's leading destination for imports, accounting for 34.6 per cent (or $116.9 billion), followed by Victoria, Queensland and Western Australia
South Australia's major exports in 2013-14 included:
- Iron Ores and Concentrates ($1,595m)
- Wheat ($1,370m)
- Copper ($1.171m)
- Alcoholic beverages ($1,154m)
SA services exports rose 14.9 percent to $2.4 billion in 2013-14.
China was South Australia’s largest two-way merchandise trading partner in 2013-14, accounting for 23.4 per cent ($4.8 billion) of total trade.
The US ($2.3 billion) was the second largest, followed by Japan ($1.2 billion), Singapore ($1.1 billion) and Malaysia ($828 million).
To view the report visit: www.dfat.gov.au
Also, DFAT offers a trade data consultancy service, which can produce reports tailored to specific requirements.
For further information, email: email@example.com.