New research targets Australian exporters
22 October 2013
Ground-breaking research aimed at identifying the obstacles facing Australian exporters will be launched today by Trade and Investment Minister Andrew Robb.
The Australia's International Business Survey is expected to deliver new information on the barriers facing Australian businesses in overseas markets, including small and medium enterprises. Factors contributing to the success of Australian companies in overseas markets will also be explored.
"I would encourage all companies that are exporting or undertaking business in overseas markets to take the time to participate in the survey so that we can better understand your needs and the issues impacting our exporter community," Mr Robb said.
"In an increasingly complex international trade environment, it is vital that we understand the challenges faced by our exporting and business communities as they seek to expand their markets overseas."
Mr Robb said the findings will better inform policy debates and provide practical assistance to business and industry as they develop commercial opportunities and marketing strategies.
The national survey, aimed at encouraging participation by at least 2000 companies, will run from late October to November 2013 and is supported by State and Territory governments, as well as peak industry bodies and chambers.
"The nature of Australia's international trade is constantly changing in response to fluctuating demand from international markets. It is vitally important that we monitor and keep up to date with these changes to enhance productivity and competiveness where required," Mr Robb said.
Around 45,000 companies in Australia are involved in exporting, while one in seven Australian workers contributes to the production of exports.
In 2012 the value of Australia's total trade in goods and services increased 1.45 per cent to $623.8 billion. China continues to be Australia's largest export market, accounting for 26.2 per cent ($78.7 billion) of total exports in 2012. Japan was Australia's second largest export market ($49.8 billion). Exports to the Republic of Korea totalled $21.6 billion and the United States $14.6 billion.
The survey, coordinated by Austrade and the Export Finance and Insurance Corporation in conjunction with the Export Council of Australia and the University of Sydney, will be conducted during November with initial reports available in January 2014.
To participate in the survey, please visit Australia's International Business Survey
- Trade Minister's Office: (02) 6277 7420
- DFAT Media Liaison: (02) 6261 1555