West Leading The Rest Due To Barnett’s Leadership

West Leading The Rest Due To Barnett’s Leadership

Western Australia Premier Colin Barnett

Western Australia Minister for State Development Colin Barnett

Western Australia Leads The Nation In Exports

Victor P Taffa

  • State now responsible for more than half of Australia’s exports

Western Australia has cemented its position as the nation’s leading exporter, with the State contributing 51 % of Australia’s national merchandise exports in 2013-14.

Premier and State Development Minister Colin Barnett said the Australian Bureau of Statistics annual State accounts showed WA’s total merchandise exports were worth $132 Billion in 2013-14, up 14 % on the previous year.

 

 

 

 

“With only about 11 % of the population, WA is now responsible for more than half of Australia’s total exports.” Mr. Barnett said.

“This is the first time a single State – Western Australia – is producing more than 50 % of the nation’s exports.”

“This is a remarkable achievement, particularly when contrasted with some of the larger States like Queensland (17 % of national exports), New South Wales (14 %) and Victoria (9%).”

“I congratulate all our exporters for their vision and their commitment to the State and to the whole nation’s future.” Mr. Barnett said.

“This export growth is set to continue as the State’s major liquefied natural gas (LNG) projects commence production in coming years.”

LNG sales are expected to grow from 20 Million tonnes p.a.in 2013-14 to almost 50 Million tonnes p.a. by 2017-18 as developments like the Gorgon and Wheatstone projects reach completion.

“WA also dominates Australia’s exports to major trading partners, accounting for 71 % of exports to China, 50 % of exports to Korea and 49 % of exports to Japan.” the Premier said.

Fact File

  •  The total value of WA’s merchandise exports was $132 Billion in 2013-14, up 14% on the previous year. Exports also grew in volume by 8%
  • Exports of goods and services account for 52% of the WA Gross State Product

Leadership

The strength of the Western Australia economy as reflected in these export figures are in no small part due to the leadership and management of Western Australia by Premier Colin Barnett.