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| Trade and Investment Queensland | |
|---|---|
| Agency name | Trade and Investment Queensland |
| Formed | 1988 |
| Jurisdiction | Queensland |
| Headquarters | Brisbane |
| Minister | Premier of Queensland |
| Chief1 name | Chief Executive |
| Parent agency | Queensland Treasury |
Trade and Investment Queensland
Trade and Investment Queensland promotes exports, inbound investment, and trade development for Queensland, engaging with entities such as Brisbane, Gold Coast, Cairns, Townsville and national partners like Austrade, Queensland Treasury Corporation, Department of Foreign Affairs and Trade and regional stakeholders including Northern Australia Infrastructure Facility. It works across sectors associated with BHP, Rio Tinto, Suncorp Group, Fortescue Metals Group and connects with international counterparts like China Council for the Promotion of International Trade, Enterprise Ireland and UK Department for International Trade. The agency liaises with multilateral institutions and trade forums such as the World Trade Organization, Asian Development Bank, APEC and ASEAN.
Trade and Investment Queensland operates as a state government agency headquartered in Brisbane with regional offices in locations linked to ports and airports including Port of Brisbane, Gladstone Harbour, Townsville Port and Cairns International Airport. It delivers services to exporters, investors, and industry clusters related to commodities traded through Port of Newcastle and logistics networks tied to Aurizon. The agency collaborates with research institutions such as University of Queensland, James Cook University, Griffith University, Queensland University of Technology and industry bodies including Chamber of Commerce and Industry Queensland, Australian Industry Group and Queensland Resources Council.
Established in the late 20th century, the agency evolved from predecessor entities that managed trade promotion alongside state economic development authorities and collaborated with national institutions like Export Finance and Insurance Corporation, Commonwealth Scientific and Industrial Research Organisation and Development Bank of Australia. Over time, it has responded to global events including the Asian Financial Crisis, the Global Financial Crisis of 2007–2008, and disruptions linked to the COVID-19 pandemic. It has adapted through accords and agreements such as memoranda with the Japan External Trade Organization, partnerships with Korea Trade-Investment Promotion Agency and cooperation with Investment Canada.
The agency provides export facilitation, investment attraction, market intelligence, and trade advisory services for exporters, investors, and industry networks like AgForce and Queensland Farmers' Federation. It offers market-entry assistance informed by trade data from sources such as the United Nations Conference on Trade and Development, International Monetary Fund, and World Bank and supports value chains tied to Glencore, Cargill, Wilmar International and agri-food exporters selling to markets connected by airfreight routes via Singapore Changi Airport and Hong Kong International Airport. Services include trade missions, inward investor facilitation with partners like Queensland Investment Corporation, and linkages to supply chain finance providers including Commonwealth Bank of Australia, ANZ, Westpac, and National Australia Bank.
The organizational structure comprises divisions for export development, investment attraction, sector strategy, and international engagement, working alongside corporate units responsible for communications, legal counsel, and finance, with governance interactions involving the Premier of Queensland, Treasurer of Queensland, and parliamentary committees such as the Economics and Governance Committee. Senior leadership interfaces with boards and advisory councils that include representatives from leading corporations like Qantas, Cleveland-Cliffs, and Adani Group as well as research partners from CSIRO and innovation stakeholders like StartupAUS.
Trade and Investment Queensland maintains an international footprint through offices and staff embedded in markets such as China, Japan, South Korea, United States, India, Germany, United Kingdom, Singapore, United Arab Emirates and Vietnam. It runs collaborative programs with entities like European Bank for Reconstruction and Development, International Finance Corporation, Asian Infrastructure Investment Bank, and bilateral chambers of commerce including the Australia China Business Council, Australia Japan Business Co-operation Committee, and American Chamber of Commerce in Australia. The agency supports trade shows and exhibitions including participation at events like Hannover Messe, Canton Fair, VIV Asia, and Seafood Expo Global.
Major initiatives have targeted sectors such as renewable energy, mining equipment, technology and agribusiness with campaign collaborations involving ARENA, Clean Energy Finance Corporation, Queensland Renewable Energy Expert Panel and industry programs with Meat & Livestock Australia, Wine Australia, Aussie Grain Exporters' Association and tourism promotion aligned with Tourism Australia and regional tourism bodies including Tourism Tropical North Queensland. Campaigns have promoted inbound investment to strategic projects like port upgrades related to Gladstone Ports Corporation and resource corridor developments connected to Pilbara Minerals partnerships and supply chain diversification projects in response to disruptions tied to the US–China trade tensions.
The agency measures outcomes through export growth, jobs created, and capital invested, reporting metrics that reflect export diversification into markets such as Indonesia, Philippines, Malaysia, Thailand and the Middle East. Evaluations draw on economic modelling from institutions like the Grattan Institute and statistical analysis aligned with the Australian Bureau of Statistics and state-level data from Queensland Treasury. Success stories include facilitation of transactions with multinational buyers such as Walmart, Tesco, Nestlé and strategic investments secured from sovereign wealth funds and pension funds including Qatar Investment Authority and Canada Pension Plan Investment Board.