Strong Plan To Build On $5.89 Billion Export Success

Jeremy Rockliff, Minister for Trade and Major Investment

Tasmania’s export sector has continued its strong performance, injecting $5.89 billion into the Tasmanian economy last financial year.

The 2022-23 Tasmanian Trade Scorecard, released today, revealed the goods and services exports contribution to the State.

Premier and Minister for Trade, Jeremy Rockliff, said creating new export opportunities for Tasmanian businesses was a key part of the Government’s 2030 Strong Plan for Tasmania’s Future.

“The Tasmanian Government has been investing in our trade sector through strategic overseas and interstate missions while also working hard to help businesses to tell their stories to global buyers,” Premier Rockliff said.

“Our success in 2022-23 demonstrates our long-term plan is delivering for our producers and manufacturers, who are taking on the world and winning, as well as keeping Tasmania’s economy strong.

“We know that Tasmania has what the world wants, and this is yet another testament to the resilience of our exporters at a time characterised by challenging global economic headwinds.

“This year’s update shows a major surge in the services sector which posted a hefty 56.2 per cent growth in international exports, reaching $792 million in 2022–23, driven by significant growth in both international students and tourists.

“The Scorecard highlights that our approach to trade is working and we remain on course to achieve our ambitious target of $15 billion in export trade by 2050.

“It also confirms the importance of building on this success through our 2030 Strong Plan for Tasmania’s Future, which includes an additional $1.6 million investment to work with key market sectors and leverage opportunities to benefit all Tasmanian businesses.

‘We are harnessing the imagination, ingenuity and courage of our businesses to deliver a strong economy and create jobs.”

The annual Tasmanian Trade Scorecard is a measure of progress against the goals of the Tasmanian Trade Strategy 2019-2025.

The Trade Scorecard 2022-23 and Trade Strategy 2019-2025 are available at trade.tas.gov.au

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