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    Media Statements

    Coat of ArmsMedia Release
    JOINT STATEMENT
    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk
    Treasurer and Minister for Trade and Investment
    The Honourable Curtis Pitt

    Queensland exports break more records - $68.1 billion - 52% higher since last election

    JOINT STATEMENT

    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Treasurer and Minister for Trade and Investment
    The Honourable Curtis Pitt

    Thursday, September 07, 2017

    Queensland exports break more records - $68.1 billion - 52% higher since last election

    New trade data shows Queensland exports continue to boom with $68.1 billion in goods sold overseas over the last 12 months.

    Premier Annastacia Palaszczuk said the growth in exports was important for key industries, including mining and agriculture, and creating jobs.

    "When we came to office in January 2015, Queensland exports totalled $44.6 billion over the previous 12 months.  Trade data today shows exports over the year to June were a record $68.1 billion," the Premier said.

    "Since the last election, 94,500 new jobs have been created in Queensland."

    Ms Palaszczuk said her Government's commitment to work together with export industries and businesses, and overseas customers was paying off.

    “The increase in exports is good news for Queensland exporters and great news for Queensland jobs.

    “Growth in exports were driven by coal, LNG, crops mostly chickpeas.

    “Last month, I had the opportunity to meet the Gersbach family near Capella and inspected their chickpea crop. I had expressed the hope chickpeas would soon become a $1 billion export crop for Queensland. I can report that chickpea exports - over the last 12 months - increased by 113% from $659 million to $1.4 billion.

    “Encouragingly - over the July 2017 quarter - beef exports have returned to positive territory the first rise since September quarter 2015.

    “These results come as Queenslanders have worked to recover and rebuild following severe Tropical Cyclone Debbie,” the Premier said.

    Treasurer and Minister for Trade and Investment Curtis Pitt said the continued high prices for coal was a primary driver behind Queensland setting another record export total.

    “Each month the trade data continue to show the value of Queensland exports is setting new highs, showing the ongoing strength of the State’s export market,” Mr Pitt said.

    “It should be remembered that the 2016 calendar year saw a record value of total Queensland exports, yet the latest Australian Bureau of Statistics data show exports have continued to strengthen throughout 2017.

    “The value of coal exports increased by $15.5 billion in the year to be $36.8 billion in the 12 months to July 2017.

    “While the rise was driven by growth in the value of coal exports, primarily hard-coking coal, many other sectors exhibited ongoing strength with the figures showing an increase of $323 million in mineral exports in the year to July 2017, rising to $8.6 billion.”

    Mr Pitt said the three months to July 2017 had seen particularly strong growth in the export of the State’s minerals. He said the value of copper (up 18.3%), zinc (up 46.9%) and lead (up 35.2%) exports were much higher than the same quarter in 2016.

    Mr Pitt said one in five Queensland jobs were supported by exports.

    "Our $35 million five-year Trade and Investment Strategy recognises that more exports mean more jobs, especially in regional communities," Mr Pitt said.

    “Queensland is clearly on the up and up under Labor’s economic plan to grow jobs, pay down debt and attract a new wave of business investment to our State."

    “We will continue to drive this momentum and off the back of a successful trade mission to Asia last month, we’re already planning another trade mission next month to keep Queensland’s brand and opportunities front of mind for international investors.”

    Media contact: Kirby Anderson (Premier’s office) 0417 263 791; Lindsay Marshall (Treasurer’s office) 0447 316 432