Media Release

25 November 2008

Australia's Composition of Trade 2007-08

Australia's total value of trade in goods and services increased 10 per cent in financial year 2007-08 to $489 billion, according to a Department of Foreign Affairs and Trade publication Composition of Trade Australia 2007-08 released today. In volume terms, total trade rose 8 per cent.

In 2007-08:

Composition of Trade Australia 2007-08 (COT) analyses the growth, direction and commodity breakdown of Australia's merchandise exports and imports in recent years. The services trade over a five year period is assessed.

The COT is part of a series published each year by DFAT, which also offers a customised consultancy service, producing reports tailored to specific requirements. For further information please contact (02) 6261 3114, or fax (02) 6261 3321 or email statssection@dfat.gov.au.

The analyses and tables from the publications are placed on the DFAT website at http://www.dfat.gov.au/trade. Hard copy orders can also be placed at this site.

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Media Enquiries: DFAT Media Liaison - 02 6261 1555