For the financial year 2012/13, Australian exports amounted to $301.5b.
PayPal Australia has estimated that the value of Australian exports sold over the internet is currently $5.6b and would rise to $15b in 2016.
Since 2007/08, total exports have increased by an average of 5.2% per annum.
Assuming the same rate of growth is maintained, then total Australian exports for 2015/16 will be in the region of $350b.
As a percentage of total exports, Australian exports sold over the internet will increase from 1.86% in 2012/13 to 4.29% in 2015/16.
Part of this growth will be the the increase in sale of informational products and services. This category is probably so small that it doesn’t figure as a separate line item in the figures released by the ABS. However I believe that this category can become a major part of the projected increase of $10b over the next three years.
For many of those starting out in the online sales arena, advertising online to get new global customers is a major commitment and this is where the Export Grant (or EMDG, as it is also known) can help. Many successful online entrepreneurs have used it to get established and build their overseas markets.
As with any Government program, there are rules and guidelines to follow, so if you need any further information I would suggest that you look at the following videos:
For an introduction to EMDG, go to this presentation.
For a more detailed overview, you may be interested in one of the following presentations: