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VICTORIA’S EXPORT
PERFORMANCE
Karl Ellis, International Policy
Trade Victoria, DEDJTR
October 2016
Goods Services Total Exports
$ billions Y.O.Y
growth (%)
$ billions Y.O.Y
growth (%)
$ billions Y.O.Y
growth (%)
Victoria 26.1 -0.5 16.2 2.2 42.3 0.5
Australia 243.9 -4.5 67.9 7.6 311.9 -2.1
OVERVIEW FY2016
BALANCE OF PAYMENTS
Source: ABS CAT 5302.0 Balance of Payments and International Investment Position, Australia - (Current Prices)
STATE VS STATE
Source: ABS CAT 5302.0 Balance of Payments and International Investment Position, Australia - (Current Prices)
3.8%
0.5%
3.3%
5.0%
-8.9%
-2.1%
-10.0%
-8.0%
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
NSW VIC QLD SA WA Australia
Growth in exports FY2016
WA
35%
NSW
23%
QLD
20%
VIC
13%
SA
5%
The rest
4%
Share of total exports
FY2016
GOODS EXPORTS FY2016
TOP 10 MARKETS
Goods Exports $m Y.O.Y Growth 5 year trend growth
China 4,832 14% 9%
United States 2,742 2% 16%
New Zealand 2,018 4% 1%
Japan 1,415 -22% -1%
Saudi Arabia 1,111 11% 2%
Republic of Korea 889 -6% -1%
Singapore 814 -6% 1%
Hong Kong 722 6% 5%
Indonesia 715 -3% 3%
Malaysia 626 -19% 5%
Source: DFAT STARS Database, based on ABS Cat No 5368.0
GOODS EXPORTS FY2016
TOP 10 COMMODITIES
Goods Exports $m Y.O.Y Growth 5 year trend growth
Wool 1,616 6% 4%
Passenger motor vehicles 1,495 4% 5%
Meat (excl beef) 1,250 -9% 13%
Beef 1,215 -19% 21%
Milk, cream, whey & yoghurt 1,011 -13% 1%
Fruit & nuts 1,009 34% 36%
Edible products & preparations 973 55% 13%
Cheese & curd 708 5% 4%
Pharmaceutical products 620 139% 19%
Aluminium 618 -26% -11%
Source: DFAT STARS Database, based on ABS Cat No 5368.0
0
200
400
600
800
1000
1200
1400
1600
1800
FY2011 FY2012 FY2013 FY2014 FY2015 FY2016
$millions
Wool
Passenger motor vehicles
Meat (excl beef)
Beef
Milk, cream, whey & yoghurt
Fruit & nuts
Edible products & preparations
Cheese & curd
Pharm products
Aluminium
GOODS EXPORTS FY2016
TOP 10 COMMODITIES
Source: DFAT STARS Database, based on ABS Cat No 5368.0
HIGHLIGHTS
0
20
40
60
80
100
120
140
160
180
FY2011 FY2012 FY2013 FY2014 FY2015 FY2016
$millions
China Hong Kong India Spain Indonesia
5 year trend growth
China: 171%
Hong Kong: 20%
India: 39%
Spain:100%
Indonesia: 34%
Source: DFAT STARS Database, based on ABS Cat No 5368.0
Fruit and Nuts
HIGHLIGHTS
0
50
100
150
200
250
300
350
400
FY2011 FY2012 FY2013 FY2014 FY2015 FY2016
$millions
United States Germany Hong Kong New Zealand China
5 year trend growth
United States: 56%
Germany: 21%
Hong Kong : 4%
New Zealand: 8%
China: 28%
Pharmaceutical Products
Source: DFAT STARS Database, based on ABS Cat No 5368.0
CHALLENGES
Automotive
Automotive product exports were worth
approximately $2bn, with car exports
valued at $1.5bn in FY 2016.
Auto Exports
FY2016
Share of goods
exports to market
Saudi Arabia $912m 82%
UAE $177m 31%
Kuwait $176m 67%
Top 3 markets
Source: DFAT STARS Database, based on ABS Cat No 5368.0
Aluminium
Two years ago exports were valued at
over $1 billion – In FY 2016 they were
valued just over $600 million.
Top 3 markets
Auto Exports
FY2016
Share of goods
exports to market
South Korea $300m 34%
Taiwan $137m 29%
Japan $67m 5%
Karl Ellis, Policy Officer
International Coordination, Trade Victoria
DEDJTR
Ph: 03 9651 9209
karl.ellis@ecodev.vic.gov.au
THANK YOU

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Export Performance October 2016

  • 1. VICTORIA’S EXPORT PERFORMANCE Karl Ellis, International Policy Trade Victoria, DEDJTR October 2016
  • 2. Goods Services Total Exports $ billions Y.O.Y growth (%) $ billions Y.O.Y growth (%) $ billions Y.O.Y growth (%) Victoria 26.1 -0.5 16.2 2.2 42.3 0.5 Australia 243.9 -4.5 67.9 7.6 311.9 -2.1 OVERVIEW FY2016 BALANCE OF PAYMENTS Source: ABS CAT 5302.0 Balance of Payments and International Investment Position, Australia - (Current Prices)
  • 3. STATE VS STATE Source: ABS CAT 5302.0 Balance of Payments and International Investment Position, Australia - (Current Prices) 3.8% 0.5% 3.3% 5.0% -8.9% -2.1% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% NSW VIC QLD SA WA Australia Growth in exports FY2016 WA 35% NSW 23% QLD 20% VIC 13% SA 5% The rest 4% Share of total exports FY2016
  • 4. GOODS EXPORTS FY2016 TOP 10 MARKETS Goods Exports $m Y.O.Y Growth 5 year trend growth China 4,832 14% 9% United States 2,742 2% 16% New Zealand 2,018 4% 1% Japan 1,415 -22% -1% Saudi Arabia 1,111 11% 2% Republic of Korea 889 -6% -1% Singapore 814 -6% 1% Hong Kong 722 6% 5% Indonesia 715 -3% 3% Malaysia 626 -19% 5% Source: DFAT STARS Database, based on ABS Cat No 5368.0
  • 5. GOODS EXPORTS FY2016 TOP 10 COMMODITIES Goods Exports $m Y.O.Y Growth 5 year trend growth Wool 1,616 6% 4% Passenger motor vehicles 1,495 4% 5% Meat (excl beef) 1,250 -9% 13% Beef 1,215 -19% 21% Milk, cream, whey & yoghurt 1,011 -13% 1% Fruit & nuts 1,009 34% 36% Edible products & preparations 973 55% 13% Cheese & curd 708 5% 4% Pharmaceutical products 620 139% 19% Aluminium 618 -26% -11% Source: DFAT STARS Database, based on ABS Cat No 5368.0
  • 6. 0 200 400 600 800 1000 1200 1400 1600 1800 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 $millions Wool Passenger motor vehicles Meat (excl beef) Beef Milk, cream, whey & yoghurt Fruit & nuts Edible products & preparations Cheese & curd Pharm products Aluminium GOODS EXPORTS FY2016 TOP 10 COMMODITIES Source: DFAT STARS Database, based on ABS Cat No 5368.0
  • 7. HIGHLIGHTS 0 20 40 60 80 100 120 140 160 180 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 $millions China Hong Kong India Spain Indonesia 5 year trend growth China: 171% Hong Kong: 20% India: 39% Spain:100% Indonesia: 34% Source: DFAT STARS Database, based on ABS Cat No 5368.0 Fruit and Nuts
  • 8. HIGHLIGHTS 0 50 100 150 200 250 300 350 400 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 $millions United States Germany Hong Kong New Zealand China 5 year trend growth United States: 56% Germany: 21% Hong Kong : 4% New Zealand: 8% China: 28% Pharmaceutical Products Source: DFAT STARS Database, based on ABS Cat No 5368.0
  • 9. CHALLENGES Automotive Automotive product exports were worth approximately $2bn, with car exports valued at $1.5bn in FY 2016. Auto Exports FY2016 Share of goods exports to market Saudi Arabia $912m 82% UAE $177m 31% Kuwait $176m 67% Top 3 markets Source: DFAT STARS Database, based on ABS Cat No 5368.0 Aluminium Two years ago exports were valued at over $1 billion – In FY 2016 they were valued just over $600 million. Top 3 markets Auto Exports FY2016 Share of goods exports to market South Korea $300m 34% Taiwan $137m 29% Japan $67m 5%
  • 10. Karl Ellis, Policy Officer International Coordination, Trade Victoria DEDJTR Ph: 03 9651 9209 karl.ellis@ecodev.vic.gov.au THANK YOU