The Fence

Tasmania’s exports lead the nation

The Tasmanian Government has forged a strong relationship with China and our international trading partners and the latest ABS international trade figures show this is succeeding.

The ABS estimates that the nominal value of overseas exports from Tasmania has increased by 4.7 percent to $2.74 billion in the year to December 2015 compared to a national decrease of 5.8 percent.

However, China’s love affair with Tasmania and our produce has seen a 9.6 percent increase and mainland China and Hong Kong now account for 29.9 percent of Tasmanian exports.

It is no co-incidence that this significant increase followed the hugely successful visit to Tasmania by Chinese President Xi Jinping and Madam Peng Liyuan in November 2014 and several valuable follow-up trade and cultural visits.

In fact seafood exports grew 78.6% compared to the previous year, meat exports by 49.4 per cent, fruit and vegetables by 11 percent and wood and woodchips by 102.6 per cent.

It was also outstanding that trade with the United States grew by 79.7 per cent on the previous year to $94 million mainly off the back of meat exports and non-ferrous metals and exports to Taiwan increased by 27.3 per cent to $73m.

The Tasmanian Government committed to stimulating the economy, increasing our farm gate capacity and creating jobs and these latest ABS figures prove we are on the right track.

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