Case Study: Information and Communications Technology sector
Doing Business in...
Sydney
Canberra
Adelaide
Brisbane
Melbourne
Access to the Australian Market
Business Plan for Australia
The educational aims of the Subject “Foreign Trade, Logistics and Business in Australia” are:
To analyze the Australian Economy, Logistics and Global Trade
To conduct research on business opportunities in Australia
To explore the Australian trade relations with the student's country
To learn about Australian Trade Agreements
To develop a business plan for the Australia market
The Subject “Foreign Trade, Logistics and Business in Australia” is included within the curriculum of the following academic programs at EENI Global Business School:
Australia is well placed to capitalize the economic growth of China and India
Currency of Australia: Australian dollar (AUD)
International Trade and Business in Australia
International Trade of Australia.
Australian exports: more than 20% of the Australian GDP. 176,000 million dollars
Asia-Pacific Markets: 68% of Foreign Trade (products and services)
Main export products of Australia are coal, iron ore, gold, meat, wool, wheat, machinery, and transport equipment
Largest export markets of Australia are China, Japan, South Korea, India, the United States, and the UK
Main import products from Australia are machinery and transport
equipment, computers, telecommunication, crude oil
Main suppliers of Australia are China, the United States (20,050 million dollars), Japan, Thailand, and Singapore
The countries belonging to the Asia-Pacific Economic Cooperation - Pacific (APEC) represent 68.1%
of the Australian Foreign Trade of products and services
The United States is one of the largest
trade partners of the Australian products, and the largest Foreign Direct Investment source
Japan has been the largest export market for Australia for forty years. Export products to Japan amounted to 52,500 million dollars, more than the combined value of exports of goods to China and the United States
Bilateral trade relationship with Indonesia is stable with a total
Foreign Trade of 11.5 billion dollars, making Indonesia its 13th largest trading partner
Singapore is the largest trading and investment partner of Australia in ASEAN Region
Australian Market Access and Trade Agreements
Australia has bilateral Trade Agreements with New Zealand, the United States, Singapore, Thailand, Chile, and ASEAN.
Australia is negotiating seven Trade Agreements and bilateral agreements with China, Japan, Korea and Malaysia, and regional/multilateral Trade Agreements with GCC, the Trans-Pacific Partnership Agreement (CPTPP) and the New Pacific Trade and Economic Agreement (PACER Plus).