TRADE minister Steven Ciobo says greater confidence among Australian exporters is expected to grow trade and create new jobs this year.
Mr Ciobo said a survey of Australia’s small to medium exporters showed confidence was 10 percentage points higher compared with this time last year.
The Exporter Sentiment Index was released this week.
Mr Ciobo said the Exporter Sentiment Index showed 60% of SME exporters expected profits to be higher in the next 12 months and many were exploring opportunities to expand internationally.
“The Turnbull Coalition Government is working to help Australian SMEs unlock the opportunities trade agreements offer so they can sell more of their products and services to the world,” Mr Ciobo said. “Doing so will grow trade, the economy and create new Australian jobs.”
Mr Ciobo talked of the Coalition’s “FTA roadshow” which has travelled across the country providing small businesses with information about how to use trade agreements.
“The government is also continuing to expand the award-winning FTA Portal that provides easy-to-access information about the specific benefits of Australia’s trade agreements and the latest trade data,” he said.
The Exporter Sentiment Index, by Efic, is available online: