No business opportunities were found.

SA exports defy national trend

Submitted 6/07/2009

AAP


A 9 per cent increase in South Australian exports during May is positive news for the local economy, says Business SA. The state defied a national trend which saw total Australian exports fall 5.0 per cent, seasonally adjusted, outpacing the fall in imports, which were down 4.0 per cent in the month. The national deficit on goods and services for May was $556 million (seasonally adjusted), from a revised $282 million deficit in April. "Local exports recovered in May, following a decrease in the previous month," Business SA chief executive officer Peter Vaughan said. "South Australia continues to stand up and demonstrate the strength of the local economy in these key economic figures." The state's largest export partner was China, while Singapore was the leader in local imports.