Exports by industry are sales of goods and services to non-resident households, businesses and other organisations, outside the City of Monash boundaries. Exports (domestic) include all exports from the area to other parts of Australia. Exports (international) includes all exports from the Region to countries outside Australia.
To get the full picture how each industry sector contributes to the regional or state economy, export data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
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|Total exports by industry sector|
|City of Monash||2019/20||2014/15||Change|
|Industry||$m||%||Victoria||$m||%||Victoria||2014/15 - 2019/20|
|Agriculture, Forestry and Fishing||8.4||0.1||3.8||14.2||0.1||5.1||-5.8|
|Electricity, Gas, Water and Waste Services||270.8||2.0||4.6||326.4||2.7||4.2||-55.6|
|Accommodation and Food Services||90.9||0.7||2.5||96.3||0.8||2.5||-5.4|
|Transport, Postal and Warehousing||702.2||5.2||7.8||520.2||4.3||7.8||+182.0|
|Information Media and Telecommunications||524.7||3.9||5.1||418.4||3.5||3.9||+106.3|
|Financial and Insurance Services||202.8||1.5||13.3||190.4||1.6||11.6||+12.4|
|Rental, Hiring and Real Estate Services||54.6||0.4||0.6||75.6||0.6||0.8||-21.0|
|Professional, Scientific and Technical Services||649.8||4.8||8.0||604.5||5.0||7.8||+45.3|
|Administrative and Support Services||472.2||3.5||2.7||331.9||2.7||2.1||+140.3|
|Public Administration and Safety||285.0||2.1||4.5||224.9||1.9||4.5||+60.2|
|Education and Training||1,742.7||13.0||4.0||1,545.4||12.8||3.9||+197.3|
|Health Care and Social Assistance||1,317.4||9.8||5.4||806.1||6.7||4.4||+511.3|
|Arts and Recreation Services||52.5||0.4||2.8||74.1||0.6||2.5||-21.6|
Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2018-19 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn morePlease refer to specific data notes for more information
An analysis of the total exports by industry sectors in the City of Monash in 2019/20 shows the three largest industries were:
- Manufacturing (3,465 million or 25.8%)
- Wholesale Trade (2,545 million or 19.0%)
- Education and Training (1,743 million or 13.0%)
In combination these three industries accounted for 7,753 million in total or 57.8% of the total exports by industry in the the City of Monash.
In comparison, the same 3 industries in Victoria accounted for 21.9% in Manufacturing; 6.7% in Wholesale Trade and 4.0% in Education and Training.
The major differences between the total exports by industries of the City of Monash and Victoria were:
- A larger percentage of total exports by Wholesale Trade (19.0% compared to 6.7%)
- A smaller percentage of total exports by Financial and Insurance Services (1.5% compared to 13.3%)
- A larger percentage of total exports by Education and Training (13.0% compared to 4.0%)
- A larger percentage of total exports by Health Care and Social Assistance (9.8% compared to 5.4%)
The total total exports by industry in the City of Monash $increased by 1,347 million between 2014/15 and 2019/20.
The largest changes in the total exports by industries between 2014/15 and 2019/20 in the City of Monash were for:
- Health Care and Social Assistance (+$511 million)
- Retail Trade (+$404 million)
- Education and Training (+$197 million)
- Transport, Postal and Warehousing (+$182 million)