18 December 2008
Exports of Primary and Manufactured Products in 2007-08
The Department of Foreign Affairs and Trade released today the publication Exports of Primary and Manufactured Products, Australia 2007-08.
The publication analyses trade data on Australian-produced merchandise exports by level of processing.
Key points in the document are:
- The value of Australian-produced merchandise exports rose by 8.6 per cent in 2007-08 to $234.3 billion;
- Australian-produced merchandise exports accounted for 96.3 per cent of Australia’s total merchandise exports in 2007-08;
- Exports of Primary products, Elaborately transformed manufactures and Services were all higher during the period, but exports of Simply transformed manufactures fell slightly; and
- The rise in Australia’s exports was more than offset by an 11.5 per cent rise in imports during the financial year which was underpinned by robust domestic consumption and investment
— as a result, the trade deficit increased by $7.9 billion to $20.6 billion.
Exports of Primary and Manufactured Productsis part of a series published each year by DFAT, providing a valuable account of Australia’s international trade in goods and services. DFAT 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 firstname.lastname@example.org.
The analyses and tables from the publications are placed on the DFAT website at www.dfat.gov.au/publications/statistics.html. Hard copy orders can also be placed at this site.
Media Enquiries: DFAT Media Liaison - 02 6261 1555