South Australia’s exports have risen to $17.56 billion, with the state’s exports to China reaching a record high of $4.23 billion, up 54.7 per cent on the previous year.

The state was one of three jurisdictions to record growth over the past 12 months, sitting second in the country, up 0.8 per cent against a national decline of 9.3 per cent.

The state’s food, wine and agribusiness exports grew by 175.4 per cent, with exports to China valued at $1.88 billion, accounting for 44.5 per cent of all exports to China.

South Australia’s total barley exports grew 6.6 per cent to $802 million with 78 per cent of the state’s barley exported to China.

Other major exports to China included:

• Refined copper, valued at $935.2 million (up 28.3 per cent)
• Wheat, valued at $513 million (up 76.9 per cent)
• Non-crude petroleum oils, valued at $121.3 million
• Almonds, valued at $119.8 million (up 10 per cent)

Double-digit export growth continued for:

• The United States with exports valued at 2.12 billion (up 33 per cent)
• New Zealand, with exports valued at $553 million (up 28 per cent)
• Vietnam, with exports valued at $571.1 million (up 21 per cent)
• Hong Kong, with exports valued at $367 million (up 24 per cent).

Quotes

Attributable to Joe Szakacs

South Australia’s merchandise exports continue to grow, particularly to our largest two-way trading partner, China, which has hit a record-high of $4.23 billion – up 55 per cent year-on-year.

The United States is also a valued trading partner as we experience a 33 per cent growth in our exports to $2.12 billion.

These results highlight the strong global demand for our premium, world-class food, wine and agribusiness products.