25 February 2008
Australia's Exports in the September Quarter
Australia’s trade performance is highlighted and analysed in the Summer 2007 issue of Trade topics: A Quarterly Review of Australia’s International Trade, released today by the Department of Foreign Affairs and Trade (DFAT).
Key points are:
- The value of exports of goods and services, in seasonally adjusted terms, were $54.8 billion in the September quarter 2007, a 0.5 per cent increase on the previous quarter.
- In volume terms, exports of goods and services rose 2.3 per cent for the quarter.
- Imports of goods and services rose 1.3 per cent to $59.2 billion in the September quarter 2007.
- Australia’s terms of trade fell 0.8 per cent in the quarter.
- Net exports detracted 0.1 per cent from GDP growth.
The Summer 2007 issue of Trade Topics features a number of trade-related articles. The issue leads with an article on bilateral trade between Australia and Thailand. It notes trade not only increased following the entry-into-force of the Thailand-Australia Free Trade Agreement (TAFTA), it deepened. There is an article on Australia’s trade with the Republic of Korea noting the high level of complementarity between the economies and the growing importance of the Republic of Korea as a trading partner. There is an article on the World Wine Trade Group and the important role it undertakes in facilitating and liberalising trade in wine. The final article outlines the collection and use of Australia’s trade in services statistics.
The publication brings together a range of statistical information produced by Australian government agencies and international organisations, together with analysis of the latest trade developments, designed to keep Australians informed of market conditions and trends. Trade Topics includes quarterly and annual data on Australia’s trade in goods and services by commodity, market, level of processing, and State and Territory as well as selected macroeconomic, commodity price and investment information.
Trade Topics is one of a series of trade publications published each year by DFAT. Full electronic versions of the publications are now available free-of-charge on the departmental website. An option to purchase hard copies of the publications is also available at the website. For further information, contact (02) 6261 3114, fax (02) 6261 3321 or email firstname.lastname@example.org.