Our annual report describes what we've been working on, our outcomes and performance.
Latest annual report
Read the Austrade Annual Report 2023-24 (PDF 10.1MB)
Read the Austrade Annual Report 2023-24 on Transparency.gov.au
Highlights from 2023-24
Growing and diversifying Australian exports:
- 2,099 trade outcomes, worth $4.5 billion in initial value
- 530 trade outcomes to Southeast Asia, worth $1.6 billion in initial value. A 44% increase in number and 80% increase in value compared to 2022–23. This follows Australia's intensified focus in the region and introduction of the Southeast Asia Business Exchange (SEABX) in March 2024
- 226 trade outcomes to South Asia, worth $634 million in initial value. Austrade delivered this result through a focus on supporting businesses to diversify their exports under the Australia–India Business Exchange (AIBX)
Facilitating productive foreign direct investment:
- 159 investment outcomes, with a total investment value of $11.5 billion
- Creation and protection of 12,189 jobs
- $4.5 billion of investment in net zero projects
Providing responsive consular and passports services to Australians overseas:
- Processed 16,202 passport applications across 11 consular locations, with an accuracy rate of over 99%
Supporting over 12,000 Australian exporters via:
- 35,543 trade services to 6,878 trade clients
- 103,363 Go Global Toolkit digital services
- Assisting over 9,600 EMDG clients via the Export Market Development Grants (EMDG) program
- A total of $145.5 million in EMDG funding, paid to Australian businesses and their representative industry bodies
- Our #9 Nation Brand global ranking
Returning Australia's visitor economy to long-term sustainable growth:
- Achieving the THRIVE 2030 interim target of $166 billion in total visitor economy spend by 2024
- Developing the First Nations Visitor Economy Partnership to grow greater participation of First Nations businesses in tourism and the Welcome Framework to grow accessible tourism
- Promoting sustainable, green and net zero practices via the Sustainable Tourism Toolkit
Previous annual reports
Previous reports can be viewed on transparency.gov.au: