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Thursday, September 22, 2005

Japan Tassie's best market [

The Mercury: Japan Tassie's best market [23sep05]

JAPAN is Tasmania's biggest export market, says Austrade chief economist Tim Harcourt.

Speaking at the Strategy Group Mid-Market CEO Symposium in Hobart yesterday, Mr Harcourt said the Japanese economy was contributing to driving Tasmania to its best economic performance relative to the mainland in terms of economic growth per capita.

The Australian Bureau of Statistics figures show Japan accounts for 23 per cent of total Tasmanian exports.

In the 2003-04 financial year Tasmanian exports to Japan totalled $604 million.

The closest rival to that is the US with $346 million.

To maintain this excellent performance by Tasmania, small to medium-sized enterprises [SMEs] should concentrate on highly differentiated goods and services, with high intellectual content, strong customer services and at premium quality," Mr Harcourt said.

"Tasmania has a number of natural strengths and SMEs are urged to build on advantages to capitalise on strong export capacity in sectors such as marine engineering, environment management, tourism, sport and recreation and associated leisure activities, aged care, premium food and beverage, education and niche industries in manufacturing and personal services."


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