QUEENSLAND'S GERMAN CONNECTIONS - PAST, PRESENT AND FUTURE

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Queensland’s top merchandise import countries, 2006–07 and 2010–11

Germany is Queensland’s 9th largest source of imports by value. In 2010–11, Queensland’s merchandise imports from Germany were valued at $1.27 billion, down 16.5% on the previous year, representing 3.8% of Queensland’s and 12.4% of Australia’s total merchandise imports from Germany.

2006–07

2010–11

Share of total Queensland imports

Share of total Queensland imports

Rank

Value

Country

Rank

Value

number

$m

per cent

number

$m

per cent

China

3 2,959.3

10.9 14.7 12.0

1 2 3 4 5

4,412.5 3,924.3 3,598.2 2,403.9 1,798.5 1,267.5

13.3 11.9 10.9

USA

1 2

3,999.2 3,254.5 1,055.0 1,214.4 1,184.5

Japan

Papua New Guinea

10

3.9 4.5

7.3 5.4 3.8

Singapore Germany

6 7

4.4 Germany 9

Nominal value of merchandise imports from Germany, to 2010–11

Queensland’s imports from Germany grew more sharply than overall Australian imports in the couple of years before the GFC, largely in power generating machinery and equipment, but represent a steady 12%-15% share of total Australian imports from Germany over time.

2006–07

2010–11

Share of total Queensland imports

Share of total Queensland imports

Country

Rank

Value

Rank

Value

number

$m

per cent

number

$m

per cent

10.9 14.7 12.0

1 2 3 4 5

4,412.5 3,924.3 3,598.2 2,403.9 1,798.5 1,267.5

13.3 11.9 10.9

China

3 2,959.3

USA

1 2

3,999.2 3,254.5 1,055.0 1,214.4 1,184.5

Japan

Papua New Guinea

10

3.9 4.5

7.3 5.4 3.8

Singapore Germany

6 7

4.4 Germany 9

Queensland’s major merchandise imports from Germany, nominal value and contribution % in order of highest imports in 2010–11, five years to 2010–11

In 2010-11, major import items included vehicles ($414.9m), machinery for particular industries ($184.1m), general industrial machinery ($124.6m), electrical machinery, apparatus, appliances, parts ($86.8m), and power-generating machinery and equipment ($51.1m). Motor vehicles maintain a steady annual average value of around $400m, or just under one-third of Queensland’s total imports from Germany. Provisional 2011-12 figures show a substantial (27.8%) increase in imports from Germany to $1.6b, largely in specialist, industrial and electrical machinery classes, which may reflect the latest orders of TBM equipment for Brisbane’s Legacy Way tunnel. By value, Germany is now Queensland’s 7th largest source of imports.

Financial year

Commodity

2006–07 2007–08 2008–09 2009–10 2010–11

— $m —

Road vehicles (incl. air-cushion vehicles) Machinery specialised for particular industries General industrial machinery nes Electrical machinery, apparatus, appliances, parts Power generating machinery and equipment

367.2

436.6

399.2

431.1

414.9

172.5

249.8

223.6

226.8

184.1

144.8

158.5

195.3

136.3

124.6

41.5

57.0

84.1

59.9

86.8

29.3

124.7

155.7

34.5

51.1

Other

429.2

456.1

649.8

629.1

406.0

Total

1,184.5 1,482.8 1,707.7

1,517.8

1,267.5

— per cent —

Road vehicles (incl. air-cushion vehicles) Machinery specialised for particular industries General industrial machinery nes Electrical machinery, apparatus, appliances, parts Power generating machinery and equipment

31.0

29.4

23.4

28.4

32.7

14.6

16.8

13.1

14.9

14.5

12.2

10.7

11.4

9.0

9.8

3.5

3.8

4.9

3.9

6.8

2.5

8.4

9.1

2.3

4.0

Other

36.2

30.8

38.1

41.4

32.0

Total

100.0

100.0

100.0

100.0

100.0

301