With exports at their highest level of Australian exporter confidence since 2011, there’s never been a better time to find out about free trade agreements.
DHL’s annual survey of Australian exporter confidence, released last week, reveals Australian exporters are snapping up opportunities to sell their goods on the world stage.
The Department of Foreign Affairs and Trade will hold a briefing on Wednesday to provide an update on current and future negotiations with Indonesia, Hong Kong, Peru, the Pacific Alliance and the European Union.
This year’s DHL Export Barometer – the 14th annual research study in to Australian exporter confidence found that two-thirds of exporters surveyed expect sales to increase over the next 12 months – just 2 per cent below the peaks of seen in 2007 and 2010.
Exporters also reported a growth in actual orders, with 56 per cent of exporters recording an increase in orders over the past 12 months, which is the highest percentage in over six years.
The research revealed that 83 per cent of exporters who get their orders online were expecting an increase in revenue.
A third of the exporters had been exporting for less than five years, indicating a rise in new exports, the research found.
Join DFAT for a discussion of Free Trade Agreements with Australia’s Chief FTA negotiators:
- Alison Burrows, Special Negotiator – EU FTA, Office of Trade Negotiations, DFAT
- Trudy Witbreuk, Chief Negotiator for the Indonesia-Australia Comprehensive Economic Partnership; and head of the Free Trade Agreement Division, DFAT
- Andrew Jory, head of the Goods and Investment Branch, Office of Trade Negotiations, DFAT
The event will be held on August 16 at the Exchange Tower in Perth from 12pm-1pm. For more information about the event contact: firstname.lastname@example.org.
DFAT’s negotiators are also keen to hear from the Western Australian business community about impediments and opportunities for trade and investment in these markets.
For further information or to lodge a written submission visit dfat.gov.au.
►CCI’s International Trade and Investment Centre International trade can help exporters with FTAs and help make your products more enticing to international markets. For more information on ITIC’s comprehensive advisory services visit here.