subject: Export And Import Industries In Australia [print this page] Australia is a vast country with over 21 million people. They are considering a major economic trading partner with the United States, Europe, and Asia. There is a stable government and low unemployment which puts it in an enviable position. If you want to do business with Australia there whether for import or export there are many industries to choose from. They have many natural resources that they sell to others for export and they will import many things for their many inhabitants.
The major industries in Australia are mining, food processing chemicals, and steel. Another industry that doesn't get talked about a lot is movies or movie production. Many major television shows and blockbuster films are shot on location in Australia because of their vast unadulterated countryside and beauty. There is a uniqueness that is here which cannot be found anywhere else in the world. Many creatures are studied just for that very purpose.
The major imports of this country are machinery and equipment, computers and office machines, telecommunication equipment and parts, crude oil, and petroleum products. Unless your country can produce vast amounts of oil, if you are an industrialized nation then you will have a use for crude oil. The computer age is now, in order to stay current with the latest technology you will need to purchase the latest computer software and machinery. Most businesses find that it creates greater efficiency with fewer workers which cut down on overhead costs.
The major exports from Australia are coal, iron ore, gold, meat, wool, alumina, wheat, machinery, and transportation equipment. The coal, iron ore, and gold are the by-products of the mining industry. The wool comes from the large sheep farms. They also sell the meat from the sheet or mutton as well. The majority of the world's mutton comes from Australia. Another export product is natural gas. Approximately 14 billion units of natural gas are exported every year. They have at least 850 billion units in reserve. As the world's population increases and people depend on gas more and more for heating, cooking, and other uses this becomes a greater cash cow for Australia.
If you want to do business with Australia you will have many areas to do so. They export many goods and services to countries that they are trading partners with. To find out what requirements you will need make sure to speak with a professional concerning any goods that are allowed and what specific documents are needed. Some tariffs and fees may be imposed for goods that you want to import per your countries rules. You might also want to find out how your goods will need to be shipped and the best method to do this. You can check with freight forwarders that have experience with this country and use them instead of trying to handle everything yourself. If your company provides goods domestically you might find that people in Australia could be another source of business.
by: Gen Wright
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