$8.5 billion trade surplus reinforces the Territory's strategic importance

New trade figures highlighting an $8.5 billion Territory trade surplus demonstrate the importance of the Northern Territory to Australia’s export economy.

Growth in LNG exports, together with future opportunities including the Beetaloo Basin, reinforces the Territory’s role in supporting national energy security and regional trade.

As export volumes continue to grow, it will be increasingly important that Commonwealth and Territory policy settings keep pace with investment in enabling infrastructure, workforce, logistics, housing and regulatory certainty.

These are the same long-term themes being progressed through DMBG’s Facing North initiative as we continue engaging with Commonwealth decision-makers on practical, achievable actions that strengthen both the Northern Territory and Australia’s economy.

We welcome data that highlights the Territory’s growing contribution to national prosperity and look forward to continuing the conversation about the policy settings needed to sustain that growth.