A WA parliamentary question seeks data on the potential impacts of a China-Australia Free Trade Agreement on WA's trade balance, manufacturing employment, and other industries, but the government has not yet undertaken a detailed analysis.

AnsweredQoN 1080Legislative Council
Asked
28 April 2005
Portfolio
State Development

QuestionView source ↗

With regard to the potential impacts on Western Australia of the China-Australia Free Trade Agreement -
(1) Can the Minister please table accurate figures of the current balance of trade, by sector, between China and Western Australia?
(2) How many people are currently employed in manufacturing industries in Western Australia?
(3) In its assessment of the costs and benefits of this Free Trade Agreement, can the Minister advise what other industries (besides manufacturing) has the Department of Premier and Cabinet identified as at risk of being significantly effected?
(4) Has any assessment been made of how a China Free Trade Agreement will impact on Western Australia’s ability to improve its value-adding performance in the future?

AnswerView source ↗

Answered
21 June 2005
Responded by
Leader of the House representing the Minister for State Development
Response time
54 days
(1) Australian Bureau of Statistics (ABS) data for trade between Western Australia and China shows the following balances: Western Australia's Trade with China for 2004 ABS Description WA Exports to China (A$) WA Imports from China($A) Difference (balance of trade) ($A) Food and live animals 63,730,605 14,140,052 49,590,553 Beverages and tobacco 581,041 200,348 380,693 Crude materials, inedible, except fuels 2,936,046,313 7,669,708 2,928,376,605 * Mineral fuels, lubricants and related materials 393,414,292 12,200,373 381,213,919 Animal and vegetable oils, fats and waxes 4,349,874 3,795 4,346,079 Chemicals and related products 135,038,768 79,279,556 55,759,212 Manufactured goods classified chiefly by material 248,114,011 181,041,094 67,072,917 Machinery and transport equipment 16,941,143 206,766,662 -189,825,519 Miscellaneous manufactured articles 1,244,902 238,514,917 -237,270,015 Commodities and transactions not classified elsewhere in the SITC 1,145,090,876 13,336,207 1,131,754,669 TOTAL 4,944,551,825 753,152,712 4,191,399,113 * Mineral fuels includes value-added petroleum products "Commodities and transactions not classified elsewhere in the SITC [Standard International Trade Classification]" include amounts of alumina, nickel, chromite, manganese, salt, garnet, durham wheat and barley. (2) Australian Bureau of Statistics (ABS) labour force data shows that in 2004, there were 94,500 people employed in the manufacturing industry in Western Australia. (3) & (4) The Western Australian Government has not as yet undertaken a detailed analysis of a possible Australia-China Free Trade Agreement. I note that the Prime Minister announced that negotiations on such an agreement were commencing on 18 April 2005.
Western Australia's Trade with China for 2004 ABS Description WA Exports to China (A$) WA Imports from China($A) Difference (balance of trade) ($A) Food and live animals 63,730,605 14,140,052 49,590,553 Beverages and tobacco 581,041 200,348 380,693 Crude materials, inedible, except fuels 2,936,046,313 7,669,708 2,928,376,605 * Mineral fuels, lubricants and related materials 393,414,292 12,200,373 381,213,919 Animal and vegetable oils, fats and waxes 4,349,874 3,795 4,346,079 Chemicals and related products 135,038,768 79,279,556 55,759,212 Manufactured goods classified chiefly by material 248,114,011 181,041,094 67,072,917 Machinery and transport equipment 16,941,143 206,766,662 -189,825,519 Miscellaneous manufactured articles 1,244,902 238,514,917 -237,270,015 Commodities and transactions not classified elsewhere in the SITC 1,145,090,876 13,336,207 1,131,754,669 TOTAL 4,944,551,825 753,152,712 4,191,399,113 * Mineral fuels includes value-added petroleum products "Commodities and transactions not classified elsewhere in the SITC [Standard International Trade Classification]" include amounts of alumina, nickel, chromite, manganese, salt, garnet, durham wheat and barley. (2) Australian Bureau of Statistics (ABS) labour force data shows that in 2004, there were 94,500 people employed in the manufacturing industry in Western Australia. (3) & (4) The Western Australian Government has not as yet undertaken a detailed analysis of a possible Australia-China Free Trade Agreement. I note that the Prime Minister announced that negotiations on such an agreement were commencing on 18 April 2005.
(2) Australian Bureau of Statistics (ABS) labour force data shows that in 2004, there were 94,500 people employed in the manufacturing industry in Western Australia. (3) & (4) The Western Australian Government has not as yet undertaken a detailed analysis of a possible Australia-China Free Trade Agreement. I note that the Prime Minister announced that negotiations on such an agreement were commencing on 18 April 2005.
(3) & (4) The Western Australian Government has not as yet undertaken a detailed analysis of a possible Australia-China Free Trade Agreement. I note that the Prime Minister announced that negotiations on such an agreement were commencing on 18 April 2005.

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