Tasmanian exports thriving despite COVID-19
Posted on by mike.brindley@rdatasmania.org.au
Tasmanian exports are thriving despite coronavirus. The value of state merchandise exports for overseas reached a record $3.802 billion in the year to May, according to preliminary data from the Australian Bureau of Statistics.
Source: Sean Ford The Advocate 24th June 2021
Trade Minister Guy Barnett said exports increased by 4.3 per cent in the period, "which is the third highest growth rate in the country and demonstrates, once again, that Tasmania has what the world wants".
The ABS estimated China took a 42 per cent share of Tasmania's merchandise exports overseas by value in the year to April, increasing its spending by 20 per cent to $1.574 billion.
On top of that, Hong Kong took a 2.7 per cent share, according to state Treasury analysis of the figures.
Cherries have been one of the state's export success stories, despite disruptions to air freight access early in the pandemic period.
Fruit Growers Tasmania said Tasmanian cherry exports increased by 40 per cent in the 2020-21 season, with Hong Kong, Vietnam, Taiwan, China and Thailand the biggest markets in that order.
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