Export Optimism.

A survey of nearly 900 Australian SME exporters has found that 39% of them are expecting overseas orders to increase in 2015-16.

Interesting that at the same the number of exporters predicting that access to finance will become even harder has risen by a huge 157%.

The most positive and resilient group of SME’s were those which turnover less than $1,000,000 PA. They said they expect their sales to go up by 6% over the next 12 months.

Less than a third of the companies expect the profitability of their international sales to increase. 69% expect revenue to remain the same as the previous year.

As expected China was named as the most export market (26%) then NZ (20%), India (11%) and the US (10%).

Source: Ferret