The Australian Bureau of Statistics estimates that in the year to June 2017, the nominal value of Tasmania’s overseas merchandise exports was $2.76 billion. This represents a decrease of 3.2 per cent compared to the previous year when the value of exports was estimated to be $2.85 billion.
For Australia as a whole, the nominal value of overseas merchandise exports was estimated to have increased by 19.5 per cent in the year to June 2017.
In the year to June 2017 Tasmania’s largest export commodity categories by order of ranking were:
- processed metals and metal products - primarily aluminium and zinc and associated products (contributing $1 107 million in value, a decrease of 9 per cent from the previous year)
- ores and concentrates - primarily iron ores, tin ores and some copper ores (contributing $421 million, an increase of 7 per cent from the previous year)
- confidential items of trade (contributing $284 million, an decrease of 4.8 per cent compared to the previous year)
- meat products - predominantly fresh, chilled or frozen beef (contributing $173 million, a decrease of 18 per cent compared to the previous year)
- seafood products - primarily abalone and Atlantic salmon (contributing $149 million, a decrease of 20.3 per cent compared to the previous year)
- dairy products - primarily powdered full cream and skim milk and cheese (contributing $138 million, an increase of 11 per cent compared to the previous year).
During this same period Tasmania’s top trading partner was China, receiving goods with an estimated value of $674 million, or 24 per cent of Tasmania’s total exports (down from 30.6 per cent of total exports in 2015-16). The next largest trading partners, by ranking, were Malaysia, Taiwan, Japan, Indonesia, Viet Nam and the United States of America.
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