Greater Sydney

Exports

In Greater Sydney, Financial and Insurance Services had the largest total exports by industry, generating $71,683 million in 2022/23.

Exports by industry are sales of goods and services to non-resident households, businesses and other organisations, outside Greater Sydney 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.

Data source

National Economics (NIEIR) - Modelled series

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Total exports by industry sector
Greater Sydney2022/232017/18Change
Industry$m%. New South Wales$m%. New South Wales2017/18 - 2022/23
Agriculture, Forestry and Fishing1,605.50.44.11,183.40.44.0+422.1
Mining3,770.81.19.43,794.01.210.0-23.2
Manufacturing47,666.113.314.351,287.315.616.1-3,621.2
Electricity, Gas, Water and Waste Services6,881.91.92.36,497.62.02.2+384.3
Construction711.50.20.2759.40.20.2-47.9
Wholesale Trade22,626.16.35.024,185.87.36.0-1,559.7
Retail Trade6,833.01.92.37,041.32.12.2-208.2
Accommodation and Food Services5,396.11.52.47,349.22.22.4-1,953.1
Transport, Postal and Warehousing43,790.312.210.536,675.511.19.6+7,114.9
Information Media and Telecommunications33,021.69.26.723,107.47.05.2+9,914.2
Financial and Insurance Services71,683.020.014.562,298.018.914.0+9,385.0
Rental, Hiring and Real Estate Services4,735.01.31.25,114.91.61.3-379.8
Professional, Scientific and Technical Services48,097.413.410.041,474.112.69.5+6,623.3
Administrative and Support Services9,966.22.82.69,120.52.82.5+845.7
Public Administration and Safety17,456.84.94.513,533.44.14.0+3,923.5
Education and Training13,572.93.83.815,656.44.84.9-2,083.5
Health Care and Social Assistance13,701.53.84.210,943.23.33.4+2,758.3
Arts and Recreation Services4,671.41.31.05,206.41.61.3-535.0
Other Services2,753.50.80.93,858.71.21.3-1,105.1
Total industries358,940.9100.0100.0329,086.3100.0100.0+29,854.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 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 more

Please refer to specific data notes for more information
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Dominant groups

An analysis of the total exports by industry sectors in Greater Sydney in 2021/22 shows the three largest industries were:

  • Financial and Insurance Services (71,683 million or 20.0%)
  • Professional, Scientific and Technical Services (48,097 million or 13.4%)
  • Manufacturing (47,666 million or 13.3%)

In combination these three industries accounted for 167,447 million in total or 46.7% of the total exports by industry in the Greater Sydney.

In comparison, the same 3 industries in New South Wales accounted for 14.5% in Financial and Insurance Services; 10.0% in Professional, Scientific and Technical Services and 14.3% in Manufacturing.

The major differences between the total exports by industries of Greater Sydney and New South Wales were:

  • A smaller percentage of total exports by Mining (1.1% compared to 9.4%)
  • A larger percentage of total exports by Financial and Insurance Services (20.0% compared to 14.5%)
  • A smaller percentage of total exports by Agriculture, Forestry and Fishing (0.4% compared to 4.1%)
  • A larger percentage of total exports by Professional, Scientific and Technical Services (13.4% compared to 10.0%)

Emerging groups

The total total exports by industry in Greater Sydney $increased by 29,855 million between 2017/18 and 2022/23.

The largest changes in the total exports by industries between 2017/18 and 2022/23 in Greater Sydney were for:

  • Information Media and Telecommunications (+$9,914 million)
  • Financial and Insurance Services (+$9,385 million)
  • Transport, Postal and Warehousing (+$7,115 million)
  • Professional, Scientific and Technical Services (+$6,623 million)

Greater Sydney

economic profile