INTERNATIONAL MERCHANDISE TRADE
EXPORTS AND IMPORTS
South Australia's value of exports (in original terms) in July 2007 ($916m) was 39.4% greater than in July 2006 ($657m). The highest reported increases in value of exports over this period were for Wheat (up $38m, or 132%), Wine (up $67m, or 56%) and Road vehicles, parts and accessories (up $21m or 37.0%) . Declines in value were reported for the exports of Wool and sheepskins (down by 25%), Metals and metal manufacturers (down 12%), Fish and crustaceans (down by 11%) and Machinery (down by 8%).
The value of Australian exports for July 2007 ($14,523m) was 1.5% greater than for July 2006. The main industries that contributed to the increase in the value of Australian exports were Petroleum, Coal, Chemical and Associated Product Manufacturing (up by 19.9%, $179m); Machinery and equipment manufacturing (up 17.4%, $219m), of which exports of passenger vehicles rose to $256m from $132m; Metal Product manufacturing (up 10.0%, $276m); Metal Ore Mining (up by 10.0%, $231m). Counteracting the increased exports for these industries were decreases in exports for Coal mining, down by 20.4% ($411m) and Oil and gas extraction, (22.4%, $318m).
The value of South Australian merchandise imports decreased to $511m in July 2007 from $557m in June 2007 and $563m in May 2007. In July 2006 the state's merchandise imports amounted to $481m.
Other than for January 2007, the value of exports from South Australia exceeded the value of imports for all periods from July 1996 to July 2007. Nationally, for the same period, in most months, the value of imports exceeded the value of exports. The greatest relative differences, when the value of South Australian exports was more than double the value of imports, occurred in December 2000, December 2001, March 2002 and June 2002 .
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