Tasmanian Exports Show Strong Growth
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2018 trade figures released
The Australian Government Department of Foreign Affairs and Trade has released Australia's trade by State and Territory report for 2017-2018.
The publication provides information on each Australian state and territory's merchandise and services trade with the world. For each state/territory, trade data is presented by level of processing, major merchandise export and import commodities, major merchandise trading partners and regions.
In 2017-18, the value of exports from Tasmania increased 24.8% to $5.1 billion and export volumes rose 17.7% while export prices increased by 6%.
China was Tasmania’s largest two-way merchandise trading partner in 2017-18, accounting for 25.1% ($1.2 billion) of total trade. Malaysia ($443 million) was the second largest, followed by Japan ($371 million), Taiwan ($291 million) and the United States ($283 million).
Tasmania’s major export markets in 2017-18 were
- China up 54.6% to $1.0 billion
- Malaysia up 46.5% to $397 million
- Japan up 50.2% to $338 million
For more information and the full report click here.