The forecasted data for IT hardware exports, expressed as a percentage of goods exports, shows a slight declining trend from 0.83% in 2024 to 0.81% in 2028. Year-on-year variations demonstrate a minor decrease of approximately 1.2% from 2024 to 2025 and maintain this level through 2026. The following years, 2026 to 2027, and 2027 to 2028, also forecast a subtle decline of approximately 1.22%. This overall trend suggests a gradual reduction over the forecasted period.
Future trends to watch include the impact of global IT hardware demand, technological advancements, and Australia's competitive positioning in the global market. Additionally, monitoring trade policies and any economic disruptions will be crucial.
