If the latest survey by DHL and Austrade is any indication then new Australian exporters have a lot to look forward to in the near future and capitalise on gaining increased overseas sales during the lead in to recovery out of the downturn in international trade.
While traditional foreign markets such as USA, Japan and Europe are now less inclined to support Australian exporters, this slack is about to be picked up by continuing interested from regions such as the Middle East, Latin America and China.
The manufacturing sector rates highly optimistic along with the services sector, both forecasting significant rises in export order potential. Despite this optimism in potential orders though, there is a negative impact on profitability predicted. A sure sign that the international business landscape is increasingly competitive when it comes to negotiating price and that there is continuing reduced demand. As always the mining sector continues to prop up Australia’s export barometer and Tourism has experienced the worst effect of revenue of all in this current distressed market climate. Get the full 2009 barometer now ..
Past barometers:
DHL Export Barometer June 2009
DHL Export Barometer June 2008
DHL Export Barometer May 2007
DHL Export Barometer May 2006
DHL Export Barometer Nov 2005
DHL Export Barometer May 2005
DHL Export Barometer Nov 2004
DHL Export Barometer May 2004
DHL Export Barometer Nov 2003
Tags: Australian exporters · DHL export barometer · Export · export predictions · GFC · international markets · optimistic · Recovery1 Comment
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