Tasmania Records Growth in International Exports Amid National Decline
Tasmania has reported a 2.5 per cent increase in international exports for 2024, contrasting with a national decline in exports. The state is focusing on boosting trade and supporting local industries.
The latest International Trade in Goods data has been released by the Australian Bureau of Statistics, showing Tasmania has bucked the national trend.
Tasmania recorded total international exports of $4.5 billion in 2024, a 2.5 per cent increase on 2023. Nationally, exports dropped 6.9 per cent over the same period.
Treasurer, Guy Barnett, welcomed this data saying Tasmania has what the world wants.
"From premium food offerings like rock lobster and cherries through to our world-class advanced manufacturing sector, Tasmania is punching well above its weight," the Treasurer said.
"This 2.5 per cent increase in our exports, internationally, means more money in our economy and more money flowing into Tasmanian businesses and our community.
"Positively, the recent news that China has welcomed Australian rock lobsters and our wine earlier in 2024 back into their market has been a further boost for Tasmania and our hard-working primary industry workers."
"Our Government has worked hard over the last decade to grow our exports and to market Tasmania to the world.
"This year we are spending more than $5.6 million on trade-boosting initiatives, including funding for the wine sector and fruit growers to expand their international markets.
"The hard work is proving successful and will continue to grow our economy - which is currently worth $40.6 billion, a record.
"We will continue to back Tasmania, champion our businesses and jobs, because that is what families across our State deserve.
"Our 2030 Strong Plan for Tasmania's Future is putting Tasmania on a pathway for success and every day Tasmanians will benefit."
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