Economic briefing note on Victoria's exports of goods in April 2016

April 2016

Release date: 2 June 2016
Next release: 5 July 2016

Export of goods

Export of goods annual per cent growth, latest 3 months between April 2006 to April 2016, for Australia and Victoria. See the table called 'Export of goods' for full data. 

Victoria

Victoria exported $5863 million worth of goods, which represents a -1.3 per cent annual change to April 2016 and a 7.1 per cent change in the month to April 2016.

Australia

Australia exported $58,778 million worth of goods, which represents a -4.5 per cent annual change to April 2016 and a 4.4 per cent change in the month to April 2016.

Export of goodsNSWVICQLDSAWATASNTAUS
April quarter 2016 ($ million)8677586310,778280024,51672098758,778
Annual change to April quarter 2016, $ million (%)-611 (-6.6)-75 (-1.3)-671 (-5.9)-155 (-5.2)-1256 (-4.9)74 (11.5)-516 (-34.3)-2742 (-4.5)
Change in the quarter to April 2016, $ million (%)318 (3.8)391 (7.1)178 (1.7)116 (4.3)1311 (5.6)-42 (-5.5)-28 (-2.8)2497 (4.4)

Australia's exports of goods and services

The chart shows goods exports have declined over the past few months and services exports have risen. 

Rural

Rural exports included $3517 million worth of goods, which represents a 4.7 per cent change in growth in the month to April 2016.

Rural exports which had the largest change in growth

ExportPercentage change (%)Nominal change ($ million)
Cereal8.849.0
Other rural6.6105.0
Wool1.13.0

Non rural

Non rural exports included $14,907 million worth of goods, which represents a -1.5 per cent change in growth in the month to April 2016.

Non rural exports which had the largest change in growth

ExportPercentage change (%)Nominal change ($ million)
Other manufacturers4.265.0
Transport equipment4.219.0
Machinery3.328.0

Services

Service exports included $6342 million worth of goods, which represents a 1.6 per cent change in growth in the month to April 2016.

Service exports which had the largest change in growth

ExportPercentage change (%)ExportNominal change ($ million)
Maintenance and repair services100.00Travel81.0
Postal and courier transport8.7Postal and courier transport8.0
Other transport3.1Transport9.0

Source: Australian Bureau of Statistics (ABS), cat. no. 5368.0, International trade in goods and services.

Note: The ABS publishes monthly state data on exports of goods but does not publish seasonally adjusted estimates. Annual services data by state, by country and detailed services are released twice yearly, this was last released on the 23 May 2016.

Contact

Please email economic.analysis@ecodev.vic.gov.au for more information.

Page last updated: 23 September 2016