Economic Profile

Economic Profile

The Richmond Valley economic profile presents economic information that describes the area’s role within the broader economy, promotes the area’s strengths and identifies areas of opportunity and growth.

“The Gross Regional Product of the Richmond Valley is estimated at $0.81 billion, which represents 0.1% of the state’s GSP (Gross State Product).”

Click here to view current data at the Richmond Valley Economic Profile website.

The Richmond Valley area is home to primary agricultural industries and food manufacturing including beef production, dairy products, sugar processing, grain, fruits, vegetables, tea tree, timber and the fishing industry.

These industries are supported by a skilled and highly regarded workforce, a range of service industries, including the Northern Rivers Livestock Exchange located at Casino, various sub-contractors, and transport and logistics operators.  The Richmond Valley is well located for principle road, rail and air transport routes south to Sydney and north to Queensland.

In addition to manufacturing, our climate, coast and hinterland attract strong tourism interest all year round.  The Richmond Valley has major business and industry strengths which offer opportunities for developing a robust and resilient economy that can cater for future population growth while nurturing liveability, a strong sense of community and a sense of place.

For further information and assistance in relation to business and investment please contact the Richmond Valley Economic Development Team on ph: 02 6660 0300.

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