Latest International Trade in Goods and Services data from the Australian Bureau of Statistics shows Australia’s resources and energy sector is on target for another record year.
Total resources and energy exports were $95.9 billion for the three months to September 2021, which is 50 per cent higher than for the same period last year and 11 per cent higher than in the previous three months to June 2021.
Resources exports were $332.6 billion in total for the year to September, 23 per cent higher than the previous 12 months.
Coal exports climbed to $16.3 billion in the September quarter, up 80 per cent on the same period last year and 47 per cent higher than for the previous quarter.
Total iron ore exports were $44.4 billion in the September quarter, which was up 48 per cent on the same period last year. Exports were $167.3 billion in the 12 months to September 2021 which was 58 per cent higher than for the previous 12 months.
Liquefied natural gas exports were $13.9 billion for the quarter, which was 130 per cent more than for the same period last year and 59 per cent higher than for the previous three months.
Minister for Resources and Water Keith Pitt said Australia’s resources exports continue to bring hundreds of billions of dollars into the country and keep thousands of Australians in high-value, high-skilled jobs – particularly in regional Australia.
“Just as iron ore’s incredibly strong run cools, soaring demand for our coal and liquefied natural gas is fuelling a surge in export revenues.”