Simon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

Like with all aspects of the economy, there are impacts because of not just the disruptions to air freight but disruptions in a whole range of other ways. In the first six months of this year, Australian goods exports have been down 3.7 per cent on the same period in 2019, but they're still worth in excess of $183 billion. If we compare that 3.7 per cent decline for Australia with elsewhere around the world, we can see that preliminary OECD data shows an average goods export decline across OECD nations in excess of 15 per cent—that's a 3.3 per cent decline for Australia but more than 15 per cent for the OECD on average. Across the G7, it's estimated to have been a decline in excess of 17 per cent, in the US a decline in excess of 16 per cent, in Canada in excess of 18 per cent and in Japan in excess of 14 per cent. That demonstrates that Australia's exporters continue to navigate the complexities of this time, generating exporting— (Time expired)