Efic’s Exporter Sentiment Index
Efic’s Exporter Sentiment Index is a bi-annual study, tracking key sentiment indicators among Australian SME Exporters.
This study provides insights into expectations around financial markets, current and future business conditions, overseas sales growth forecasts, and expectations around access to credit.
About the Sentiment Study
The first wave of the Efic Australian Exporter Sentiment Study was conducted among Australian SME exporters to provide a snapshot of business opinions regarding the current and expected future outlook (next 12 months) for their business and the broader economic conditions that impact their business
Key measures of current and future financial situation, future economic conditions, future overseas sales revenue and profitability, employee growth and access to finance for international business are combined to provide an overall Sentiment Index as a measure of business confidence.
The Sentiment Index is expressed as 100.0 plus the unweighted average of the difference (net balance) between the percentage of respondents who give favourable and those who give unfavourable answers to 6 key business sentiment questions.
Factors potentially contributing to a positive outlook among Australian SME exporters
- Positive economic indicators for Australian SME exporters include continuing export competitiveness boosted by a weak Australian Dollar.
Overall sentiment is positive
- Australian exporting SMEs expressed confidence about their current and future financial position, and that of the broader economy and general business conditions.
- All key indicators show business sentiment is positive for the year ahead. The overall Sentiment Index is a positive at 137.8
Click here to download a summary of Efic’s Exporter Sentiment Index.