Home' MHD Supply Chain Solutions : MHD May-Jun 2016 Contents LISA MCAULEY
rade is a key driver of jobs, innovation
and long-term prosperity for Australia.
Increasing trade and investment is abso-
lutely crucial to unlocking Australia’s future
As of 2013, there were approximately 45,000
exporters who exported $318.5 billion worth of
goods and services.
However, just 1% of exporters accounted for
over 90% of all goods exported from Australia.
This is much more concentrated than the
international average, where the top 1% of
exporters account for only 53% of goods exports.
If we drill down even further, the actual
number of companies that are regular exporters
is even smaller.
Currently only a small number of large
companies are responsible for the majority of
the volume of trade in goods, so SME-sized
exporters and their export success are of
increasing importance to Australia’s future
economic growth prospects.
Australia is not alone in this challenge. The
2015 European SME Exporting Insights Study
found that SME that export within Europe and
beyond are the most dynamic contributors to
the SME economy.
However, the European Commission’s SME
Performance Review points out that growth in
the SME sector overall had slowed since 2011,
mainly a reflection of weak domestic demand
compared to strong export demand – however,
it remains the case that the majority of SME do
The report also highlighted that exporting SME
grow faster, because the main contributor to EU
growth since 2008 has been foreign demand.
“In an increasingly internationalised world, there
are competitive advantages for those businesses
that begin with a global strategy and can move
quickly to take advantage of cross-border
activities,” says the European Commission.
Australian firms enjoy more overseas
opportunities than ever before. This is in the
context of international demand for what this
country produces and a growing array of
liberalising trade agreements, particularly in Asia,
our largest trading partners. The challenge for
Australia is to capitalise on these opportunities.
The trade development challenge is to
provide the support businesses need to take
advantage of these opportunities abroad.
Why is it so important?
Increasing Australia’s level of trade will ultimate-
ly play an important role in improving productivi-
ty and fostering sustainable economic growth.
In doing so, Australia will not only be creating
the opportunities that support future economic
growth, but will expanding Australia's business
connections in the region.
The challenge for Australia is to capitalise
on our trade potential and continue to broaden
Australia’s export base. The opportunities for
growing our services exports sector is just one
To meet this challenge, we need to
encourage more export-capable companies
to actively pursue international opportunities,
and to do this, we need to offer accessible and
affordable support to help them take advantage
of these opportunities.
I do often wonder what it is that is potentially
holding back SME export growth in Australia.
Could it be a general lack of awareness of
the opportunities? That domestic opportunities
have in the past provided a level of comfort for
Australian companies so that they do not need
to look at expanding overseas? Maybe it is a
general adversity to international risk and the
perceptions of potential export barriers?
Whatever it is that is holding back SME
from taking advantage of the new market
opportunities that are opening up, there is
support available, and the ECA is just one of
many organisations that provide support to
guide companies through their international
Lisa McAuley is the CEO of the Export
Council of Australia.
HOW DO WE DRIVE EXPORT
GROWTH IN AUSTRALIA?
MHD SUPPLY CHAIN SOLUTIONS — MAY / JUNE 2016
Contact: 1300 555 101
Kardex VCA Pty Ltd, Wodonga VIC 3690
• Small Unit Footprint
• High Speed Operation
• Dedicated Inventory Control
• Minimise Manual Handling with ‘Goods
• Storage 500kg per Tray
• Clean Stock, Reduced Shrinkage
• Great ROI, Local Service and Support
• Small Item Distribution
• 3rd Party Logistics and Inhouse Facilities
• Work In Progress and Buffer Storage
• Maintenance Spares
• Tool Storage
Links Archive MHD Mar-Apl 2016 MHD Jul-Aug 2016 Navigation Previous Page Next Page