First Nations businesses succeeding internationally
30 September 2024
This report examines the experiences of First Nations businesses involved in exporting and international trade and tourism.
This landmark report uses a dataset of First Nations businesses created from:
- Supply Nation's First Nations business registry
- Australian Bureau of Statistics (ABS) Business Longitudinal Analysis Data Environment (BLADE).
This resource will be used to:
- inform stakeholders’ decisions about First Nations’ international trade
- guide shared decision-making amongst stakeholders for the benefit of First Nations people.
It was developed by:
- Australian Trade and Investment Commission (Austrade)
- Department of Foreign Affairs and Trade (DFAT)
- Supply Nation.
Results
The research made several discoveries.
- Turnover of First Nations businesses from tourism has grown over recent years. This is due to a growing international interest in Indigenous cultural tourism, an opportunity for the sector.
- In 2022-23, First Nations businesses in tourism-related industries employed almost 7,000 workers and generated nearly $1 billion in turnover.
- Compared to all First Nations businesses studied, First Nations goods exporters typically:
- generated almost 9 times more in turnover
- employed over 7 times more full-time equivalent workers.
First Nations goods exporters studied generated over $670 million in turnover in 2022–23, with opportunities to benefit more from exporting.
For more information, visit the Go Global Toolkit, enquire online or call 13 28 78.