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IT service exports up in 2008

IT service exports up in 2008

Exports of computer and information services outgrew imports last year to hit $1.67 billion

Australia’s export of computer and information services outgrew imports by 4.8 per cent during 2008, according to a new report released by the Department of Foreign Affairs and Trade.

The report into Australia’s overall international trade in services showed an overall increase of 12.7 per cent to $107 billion in 2008.

Exports of computer and information services hit $1.67 billion in 2008, up 9.3 per cent from $1.53 billion in 2007.

Imports of computer and information services also grew by 4.5 per cent with dramatic growth in data processing (83.4 per cent) and database services (41.2 per cent) for an overall value of $1.54 billion.

The report can be downloaded at the DFAT website here.


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