South Australia's Strategic Plan is comprised of 100 targets. These targets are specific and measurable and enable us to measure our progress towards achieving the Plan's visions and goals.
Each target is reported on through this section of the website. Data has been updated as at December 2017.
Target:37. Total exports:
Increase the value of South Australia's export income to $25 billion by 2020
The slowing growth in goods exports are concentrated in commodity and resources areas in which South Australia is a price-taker on global markets and vulnerable to sudden price swings of notoriously cyclical sectors; or in other sectors (e.g. road vehicles) affected by changes in external circumstance over which the Government has no control.
Government export programs concentrate on higher-value added sectors which create more jobs, and on new, small exporters. These are the companies which find internationalisation hardest, and benefit most from the sort of assistance governments can provide. However, it takes a long time for these companies to grow to the stage where they make significant impacts on broad metrics like total export value. One percent of Australian exporters produce 89% of exports by value, and the smallest 79% produce less than 1%.
Services were up 8% in the 2016-17 financial year to $3.24 billion, led by healthy increases in the main sectors—education, up 8% to over $1 billion for the first time, and tourism, up 25% to $629 million—but also including very encouraging progress in some smaller, knowledge-intensive and IP-based sectors such as R&D (up 65%) and IT and computer services (up 56%).
Department of State Development