Media Release
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 statssection@dfat.gov.au.
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