The value of Western Australian exports grew by 30.1 per cent in the three months to February 2006, compared with the same period 12 months ago.
Treasurer Eric Ripper today said new Australian Bureau of Statistics data showed that WA now accounted for a record 31.4 per cent of the nation's exports.
"The state's solid export performance has resulted in WA's trade surplus standing at $28.7billion for the 12 months to February 2006, compared with Australia's trade deficit of $16.5billion," Mr Ripper said.
"In annual average terms, the total nominal value of WA exports grew by 25.6 per cent over the year to February 2006, to a record nominal value of $44.9billion."
The Treasurer said the figures highlighted the ongoing strength of the WA economy but he warned against complacency.
"The challenge for governments and business is to make wise investment decisions now to ensure the good times last," he said.
"The May 11 State Budget will include initiatives to drive further growth such as tax cuts worth $924million over five years, a massive building program and further measures to diversify the WA economy."
