ABS figures show alarming decline in number of SA exporters

The number of South Australian exporters has declined since 2006/07 in an alarming sign that demonstrates State Labor’s failure to take advantage of the expanding international economy.
 
Australian Bureau of Statistics (ABS) figures released yesterday, show the number of South Australian exporters has dropped from 2,384 in 2006/07 to 2,284 in 2013/14.

The number of South Australian exporters has declined since 2006/07 in an alarming sign that demonstrates State Labor’s failure to take advantage of the expanding international economy.
 
Australian Bureau of Statistics (ABS) figures released yesterday, show the number of South Australian exporters has dropped from 2,384 in 2006/07 to 2,284 in 2013/14.
 
The ABS figures also show the total number of goods exporters in the state remained stagnant over the 12 month period to 2013-14 despite a national increase of five per cent.
 
“South Australia needs a strong, vibrant export industry if we are to pull ourselves out of the economic doldrums,” said Shadow Minister for Investment and Trade Tim Whetstone.
 
“Small states don’t become prosperous selling their produce to themselves.
 
“What we need is cleverly targeted export programs that enhance our natural economic strengths. What we have is a State Government devoid of ideas and energy.”
 
In another concerning sign, ABS figures released yesterday also show that South Australian service exports remained flat with no increase in 2014.
 
The value of merchandise exports has also plummeted 7.1 per cent to $11.43 billion over the last 12 months in South Australia.
 
“The Weatherill Labor Government’s taxing regime is clearly impacting the state’s stagnant export businesses,” Mr Whetstone said.
 
“Instead of businesses entering or expanding further into international markets, Labor’s lack of targeted assistance means many businesses have had to turn their focus to survival.”
 
Mr Whetstone said despite strong grain harvests and a weaker Australian dollar, South Australian exports have not met expected gains.
 
“The 2015/16 State Budget offered very little for the state’s exporters, despite the Minister for Trade stating many times that export growth is the single most important driver of economic prosperity for SA,” Mr Whetstone said.

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