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Australia Yearbook - 2009-10

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Price indexes<br />

The ABS compiles two price indexes relating to<br />

the manufacturing industry – the price index of<br />

materials used in manufacturing industries and<br />

the price index of articles produced by<br />

manufacturing industries. Information on recent<br />

trends in the prices of materials used and articles<br />

produced in individual manufacturing industries<br />

is provided in the section Producer price indexes<br />

(PPI) in the Prices chapter.<br />

International trade<br />

The manufacturing industry is a significant<br />

component of <strong>Australia</strong>'s value of merchandise<br />

exports by industry of origin, accounting for 40%<br />

of total exports in 2008–09 (table 20.13). The<br />

value of manufacturing exports was 59% higher in<br />

2008–09 than in 1999–2000. However, the<br />

manufacturing industry share of the total value of<br />

merchandise exports has been trending down<br />

over this period, in particular falling significantly<br />

between 2007–08 and 2008–09.<br />

Graph 20.14 shows the five main destinations, by<br />

value, for manufacturing commodities exported<br />

from <strong>Australia</strong> during the period 2002–03 to<br />

2008–09. Of these, the key destinations in<br />

2008–09 were the United Kingdom, the United<br />

States of America (USA), and Japan. In 2008–09,<br />

the value of exports to the United Kingdom was<br />

just under $<strong>10</strong>b, compared with just over $8b for<br />

the USA and just under $8b for Japan. Over the<br />

period 2002–03 to 2008–09 the value of exports<br />

20.13 VALUE OF MERCHANDISE EXPORTS OF GOODS, By industry of origin(a)<br />

1999–2000<br />

2000–01<br />

2001–02<br />

2002–03<br />

2003–04<br />

2004–05<br />

2005–06<br />

2006–07<br />

2007–08<br />

2008–09<br />

Manufacturing<br />

$m<br />

57 982<br />

69 128<br />

69 111<br />

65 8<strong>10</strong><br />

62 442<br />

67 496<br />

75 <strong>10</strong>2<br />

85 383<br />

88 496<br />

92 457<br />

All<br />

industries<br />

$m<br />

97 286<br />

119 539<br />

121 <strong>10</strong>8<br />

115 479<br />

<strong>10</strong>9 049<br />

126 823<br />

152 492<br />

168 099<br />

180 857<br />

230 620<br />

Manufacturing<br />

share of<br />

total exports<br />

%<br />

59.6<br />

57.8<br />

57.1<br />

57.0<br />

57.3<br />

53.2<br />

49.2<br />

50.8<br />

48.9<br />

40.1<br />

(a)<br />

On a free-on-board basis.<br />

Source: ABS data available on request, International Trade.<br />

20.14 MANUFACTURING EXPORTS, Main destinations<br />

Japan<br />

United States of America<br />

New Zealand<br />

United Kingdom<br />

India<br />

$b<br />

12<br />

<strong>10</strong><br />

8<br />

6<br />

4<br />

2<br />

0<br />

2002–03 2003–04 2004–05 2005–06 2006–07 2007–08 2008–09<br />

Source: ABS data available on request, International Trade.<br />

582 Year Book <strong>Australia</strong> <strong>2009</strong>–<strong>10</strong>

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