https://www.engineeringnews.co.za

WA still taking major slice of export pie

WA still taking major slice of export pie

Photo by Bloomberg

8th February 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) - Western Australia has maintained its position as Australia’s leading exporter in 2015/16, accounting for some 35.2%, or A$109.9-billion, of the country’s total exports.

A new report by the Department of Foreign Affairs and Trade indicated that iron-ore and concentrates remained the state’s biggest exports, accounting for some A$47.2-billion in exports during the period, while coal was the biggest earner for both Queensland and New South Wales, at A$16.6-billion and A$11.5-billion respectively.

New South Wales contributed 22.8% of Australia’s total exports, or some A$71.1-billion, while Queensland accounted for a further 20.1%, or A$62.6-billion. Victoria delivered A$42.8-billion to the nation’s bottom-line during 2015/16, while the Northern Territory delivered A$5.9-billion and Tasmania and the Australian Capital Territory the balance.

Besides iron-ore and concentrates, gold and crude petroleum accounted for the largest share of Western Australia’s exports, at A$15.6-billion and A$3.5-billion respectively, while copper and precious metals delivered a further A$1.4-billion and A$1.3-billion in export earnings.

In New South Wales, copper exports also delivered A$2.2-billion in export earnings, while aluminium and refined petroleum delivered A$1.5-billion and A$1.9-billion respectively.

For Queensland, copper was the third-largest contributor to exports, at just over A$2-billion, while aluminium delivered a further A$1-billion in export earnings. In South Australia, copper accounted for A$1.3-billion of exports and lead for a further A$471-million.

Zinc in Tasmania accounted for A$757-million in exports, while aluminium and iron-ore made up A$422-million and A$187-million respectively. In the Northern Territory, aluminium accounted for A$361-million of exports, while crude petroleum added a further A$317-million.

China was the largest trading partner for all states, while Japan was the largest trading partner for the Northern Territory. Switzerland, which imports Australian-made gold coin and legal tender, was the Australian Capital Territory's largest trading partner in 2015/16.

New South Wales was Australia's leading destination for imports, accounting for 40% of Australia's total imports, valued at A$139.6-billion, followed by Victoria, Queensland, and Western Australia.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Beneficiation Academy
The Beneficiation Academy

The Beneficiation Academy is a certified training institution that follows all compliance legislation and is accredited with various Sector...

VISIT SHOWROOM 
Sulzer Pumps (SA) (Pty) Ltd
Sulzer Pumps (SA) (Pty) Ltd

Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.048 0.08s - 140pq - 2rq
Subscribe Now