Australian exporters show record high levels of market confidence, despite the current global political and economic environment, according to a new industry report.
The annual DHL Export Barometer, now in its 15th year, shows 61% of exporters reported favourable growth in actual orders over the past 12 months, the highest record in the last decade.
Of those surveyed, 75% expect to record an increase in international sales over the next 12 months, a rise of 8% from last year’s result.
This year’s key findings include:
- DHL Export Barometer 2018 records highest level of confidence among Australian exporters since study began in 2003
- Exporters are entering more international markets; most destinations registered growing uptake over the past 12 months
- E-commerce remains a burgeoning avenue of growth – almost 80% of exporters are generating orders from online channels
- Close to 50% of exporters are planning to expand to new markets, by investing in online marketing, social media and workforce