As the end of 2016 approaches, The IMF recently has estimated that the global economic will be growingly adjusted in 2017 and 2018.
Lets come straight to the figures,
below figures were concluded by Australia Department of Foreign Affairs and Trade.
<picture 1, 2, 3, show that Australia mainly focuses on natural resources, minerals in importing and exporting. Meat exporting has been significantly growth. Motor vehicles, fuels, telecom equipment & its parts has been the top three for importing. >
<Picuture 4 indicates China has been a rising market source for telecom equipment, computer, furniture, toys, textiles, household essentials, plastic articles, women’s clothes, shoes and raw materials in manufacturing. >
<Picture 5, iron ores output to China has always been on the top export list. Mineral resources, base metal, wool, foods and beef exporting have far more weight than anything else. >
（Source: Australian Government Department of Foreign Affairs and Trade, Country and commodity pivot table 2005-06 to 2015-16 [XLSX 7.22 MB]）
Where Australia suppose to go in 2017?
2017 Benchmark Report states Australia will be competitive trade partner.
<Picture 6, Natural resources and energy, agricultural products, tertiary education, tourism and fund management are currently the five core industries. >
Report also mentioned some key industry focus the nearly future.
1. renewable resources
2. agriculture business
4. infrastructure financing and structured products market
5. Research & Development
In the following posts, we will review over the events of freight forwarding, customs brokerage in 2016 —