Export

Issue No. 48 - August/September 2009

Export trade by the numbers

According to the Federal Government’s Export Finance Insurance Corporation’s latest global risk report, the value of Australian exports has dropped by 26% since October 2008. But EFIC reports service exports are holding up while resource volume is largely unchanged in the resource sector.

“(The export fall) has outweighed a sizeable 16% fall in imports, causing the trade deficit to widen,” EFIC says. “The good news is, service exports have held up and export values remain abov...

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