Today’s Australian Bureau of Statistics’ International Merchandise Exports figures, for the year to October 2018, confirm that Tasmania leads the nation with the value of exports surging by 19.5 per cent compared to the previous year.
This represents the largest annual growth rate in the nation, and growth at more than double the national rate.
In the year to October 2018, Tasmanian exports totalled $3.748 billion.
The figures highlight how the Tasmanian Government’s plan to open up new markets for Tasmania’s exports is working to increase exports, grow our economy and create more local jobs.
Once again, China remained the number one destination for Tasmanian exports with a total of $1.059 billion over the year, followed by Malaysia with exports valued at $394 million and Japan with exports valued at $345 million.
Tasmania has what the world wants, our goods are increasingly in demand throughout Asia as our reputation for high-quality products continues to grow with each trade and investment mission.
The Government is getting on with the job of delivering on our Plan and today’s figures prove that it is working.