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International export markets expanded for NSW

FOR EXPORT: Increased investment in NSW’s export trade could benefit local blueberry growers.
FOR EXPORT: Increased investment in NSW’s export trade could benefit local blueberry growers.

COFFS Coast-grown blueberries are a localised example of an export industry that could grow in coming years, following new investment in international markets by the New South Wales Government.

The government has expanded its reach of international trade offices throughout China, India, the United Arab Emirates and the United States, the latest Trade and Investment Report has indicated.

The export of local farm produce is currently in its infancy, particularly in China and India.

Deputy Premier Andrew Stoner said projects facilitated by Trade and Investment in 2012/13 are expected to create over $1.2 billion in new investment, more than $440 million in new exports and support more than 3780 jobs over the next three years.

"A significant development for the state's goods exports was the performance of cotton in 2012-13, which rose by 11% in nominal terms to reach a record high of $1.18 billion, representing the fourth year of consecutive growth," Mr Stoner said.

"It is pleasing also to see that NSW services exports grew for the third year in a row, with financial services making the most significant contribution to nominal growth in NSW services exports in 2012-13.

"With India forecast to overtake China as the world's most populous nation by 2028, its burgeoning middle-class provides significant opportunities for NSW exports, particularly services which were worth $1.8 billion in 2012-13."

Topics:  blueberries exports nsw government