Using data to create value: Interactive market intelligence for export growth

Abstract

International trade and investment is critical to the Australian economy, providing jobs and economic growth. International trade provides opportunities for the agribusiness sector to expand and for businesses to produce products tailored to the tastes and preferences of global consumers, which for some commodities can result in price premiums. Detailed international merchandise trade statistics are compiled from information submitted by exporters and importers or their agents. This data provides a rich set of monthly information on exports of nearly 500 agricultural commodity groups from Australian ports using several different classification systems. The Department of Agriculture and Fisheries Queensland has automated the processing of this data and built an interactive user interface to enable users to customise trade data insights. This presentation will demonstrate the user interface and examine trade flows from produce originating in Queensland, with a focus on horticulture and opportunities in Asia.