Increased coal, LNG and mineral sales have helped Queensland post a record export result of $73.7 billion for the 12 months until the end of May.
Queensland Resources Council Chief Executive Ian Macfarlane said the resources sector contributed almost $60 billion – or 80% – of the result.
“For every ten dollars Queensland earns through exports, the resources sector contributes eight of those ten dollars,” he said.
“This is a tribute to the more than 280,000 Queenslanders working directly and indirectly in the resources sector. To those men and women, Indigenous and non-Indigenous, in the regions and the south-east – please accept the congratulations on behalf of all Queenslanders.”
Over the last 12 months:
- Coal exports increased by $5 billion or 18% to $32.8 billion;
- Mineral exports increased by $634.2 million or 9.3% to $7.4 billion; and
- LNG, alumina and semi-soft coking metallurgical coal to $20.9 billion of exports classified as confidential. This category of exports increased by $3.8 billion or 22%.
Link to Queensland Treasury trade data here.